IMG_5111
P1010894
2
1
IMG_5110
3
8
  • To Let
  • £85,000 pa
  • 275-277 High Road, Loughton, IG10 1AH
  • Shop

Shop

| June 11, 2024

Executive Summary

  • Ground floor commercial unit within a popular parade on High Road, Loughton
  • Approximately 2,141 square feet (198.87 square metres)
  • Available with a new lease and no premium
  • Former restaurant that is fully fitted
  • 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 communications 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
A ground-floor commercial that measures 2,141 square feet (198.87 square metres) and benefits from Class E planning consent. It was most recently occupied by dim t restaurant and is fully fitted following a substantial refurbishment approximately 1 year ago. Subject to obtaining appropriate consents it 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
2024 Ratable Value: £46,500
UBR (2024/25): 49.9p/£
Rates Payable: £23,203.50

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 £85,000 per annum exclusive, 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
Strictly through joint agents Harston&Co or Davis Coffer Lyons.

The Site and all the content on the Site is provided for use "as is" and "as available" and any reliance upon the same is at your sole risk. Whilst We take all reasonable care to ensure that the content on this Site is accurate, We cannot guarantee its accuracy and We reserve the right to change the content on this Site at any time. We make no representations or warranties of any kind with respect to this Site or the content of the Site, including any text, graphics, advertisements, links or other items. Further more, neither We nor any other contributor to this website make any representation or gives any warranty, condition, undertaking or term either expressed or implied as to the condition, quality, performance, accuracy, fitness for purpose, completeness or freedom from viruses of the content contained on the Site or that such content will be accurate, up to date, uninterrupted or error free.

The Site and all the content on the Site is provided for use "as is" and "as available" and any reliance upon the same is at your sole risk. Whilst We take all reasonable care to ensure that the content on this Site is accurate, We cannot guarantee its accuracy and We reserve the right to change the content on this Site at any time. We make no representations or warranties of any kind with respect to this Site or the content of the Site, including any text, graphics, advertisements, links or other items. Further more, neither We nor any other contributor to this website make any representation or gives any warranty, condition, undertaking or term either expressed or implied as to the condition, quality, performance, accuracy, fitness for purpose, completeness or freedom from viruses of the content contained on the Site or that such content will be accurate, up to date, uninterrupted or error free.