Property Information
Address:
UNIT 2 CONNAUGHT HOUSE, 112 HIGH ROAD, LOUGHTON, ESSEX
, IG10 4HJ
, ESSEX
, United Kingdom
Price: Property no longer available.
Size: 1086 sq ft100 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH297869
Property Ref/Agent: UNIT 2 CONNAUGHT HOUSE, 112 HIGH ROAD, LOUGHTON, ESSEX
*Please use the agent ref when calling the agent directly.
Property description
Commercial information:
1086 sq ft ( 100.8894 sq m)
Key features:
Size: 1086Sq ft
Rent : £39,750.00
Property Type: Shops
Tenure: Leasehold
Area: Loughton
Postcode: IG10 4HJ
Location Details:
The property enjoys a highly prominent frontage onto the High Road immediately at the junction with High Beech Road and opposite Station Road. Multiple occupiers located close by include M&S Simply Food, Schmidt Kitchens, Multiyork, Rhino Bedrooms, Nat West Bank, Nationwide & Café Rouge. Numerous other multiple retailers are also represented within the town. Immediately to the rear of the parade there are two public â??pay & displayâ?? car parks. Loughton (Central Line) Underground Station is within a few minutes walk.
Details:
Comprising the ground floor of a modern commercial/residential development laid out to provide a sales area within which ancillary storage and fitting rooms have been created using demountable partitions. To the rear of the unit there are WC and kitchen facilities and externally there is restricted vehicular access for deliveries and one demised car parking space.
Accommodation
DOUBLE LOCK UP SHOP WITH SUBSTANTIAL FRONTAGE
Amenities
Laminate wood floor, Suspended ceiling with concealed tube and spot lights, Modern aluminium shop front, Prominent frontage, Alarm system (not tested), Internal electric security grilles.
Lease
The matter is to be dealt with by way of an Assignment of our clients existing FRI Lease which expires in December 2016 with no further rent reviews.
Rent
£39,750 per annum exclusive plus VAT at the prevailing rate, payable quarterly in advance. Service Charge: We are advised that the service charge for the current year is approximately £2,800 pax plus VAT at the prevailing rate.
Rates
We are verbally advised by the Local Authority that the premises have been assessed for business rates as follows:- Rateable Value: £39,750 Rates Payable: (2013/2014) £18,722 per annum
Legal Costs
The assignee is to be responsible for both the Assignee & Landlords reasonable legal costs associated with the Assignment.
Possession
Immediately upon completion of legal formalities
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