Executive Summary
- Triple ground-floor commercial unit within a popular parade on High Road, Loughton
- Approximately 3,273 square feet (304 square metres)
- Available with a new lease and no premium
- Previously used as restaurants; suitable for a range of uses
- EPC Rating – D
Location
The property is located within a popular parade on High Road, Loughton. Loughton is a popular commuter town within the Epping Forest area, 20 miles north-east of central London. Other occupiers within the parade include Pizza Express, Cook, HOB Salons, Space NK and David Clulow Opticians. Morrison’s supermarket, Boots, Santander, Starbucks, Costa Coffee and Robert Dyas are all within the adjacent parades. Loughton benefits from excellent road connectivity being very close to the M25 Motorway (junction 27), M11 (junction 5), and the North Circular (A406) is approximately 6 miles south. Loughton tube station, which is on the Central Line, is approximately 0.5 miles from the property and provides a regular service into central London.
Please note all times and distances given are approximate only.
Description
Triple ground-floor commercial unit that provides a total of 3,273 square feet (304 square metres). Currently arranged as follows:
275-277 High Road measures 2,141 square feet (198.87 square metres) and benefits from Class E planning consent. Formerly used as a restaurant and is fully fitted, following a recent refurbishment.
279 High Road measures 1,132 square feet (105.12 square metres) and benefits from Class E planning consent. Previously used as a restaurant.
Subject to obtaining appropriate consents, the unit would be suitable for alternative uses.
Please note that the sizes given have been provided by the VOA and are approximate only. All interested parties are advised to rely on their own inspection and survey.
Business Rates
275-277 High Road:
2026 Rateable Value: £49,000
UBR (2026/27): 43.0p/£
Rates Payable: £21,070.00
279 High Road:
2026 Rateable Value: £26,500
UBR (2026/27): 38.2p/£
Rates Payable: £10,123.00
These figures have been provided by the VOA. All interested parties are advised to make their own enquiries to confirm the accuracy of these figures with Epping Forest District Council
business rates department.
Terms
The property is available with a new FRI lease at £114,950 per annum exclusive for the triple unit, with further terms to be agreed. All negotiations are strictly subject to contract.
VAT
The property has been elected for VAT and will be payable at the prevailing rate.
Viewings
Viewings are strictly by appointment through Harston&Co.
