Property Information
Address:
244b, High Road, Loughton
, IG10 1RB
Price: Property no longer available.
Size: SOA
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH587445
Property Ref/Agent: 18170_27277936
*Please use the agent ref when calling the agent directly.
Property description
SHOP TO LET - Situated on High Road, Loughton, where a number of multiple retailers such as Marks and Spencer, Holland and Barrett and New Look are present. Comprising a lock-up shop with a sales area of 375 sq ft (34.8 sq m) and an ancillary area of 112 sq ft (10.4 sq m) which is currently occupied by a beauty salon. The premises are held on a 10 year lease from November 2015 at a rent of £19,000 per annum. The lease benefits from a tenant's break clause after 5 years. Our client is seeking a premium for their leasehold interest to reflect improvements made to the premises. Premium on application. All our clients fixtures, fittings and equipment are available at a price to be agreed, including manicure station, 2 threading stations, pedi spa, treatment couch, waxing/facial/massage equipment plus an ELEMIS contract. All remaining stock included. Please call CLARKE HILLYER on for further information.
Location - Situated on High Road, Loughton, where a number of multiple retailers such as Marks and Spencer, Holland and Barrett and New Look are present. There are also a number of banks and cafes/restaurants located on the High Road. Pay and display parking is available on the street, and there is a public car park to the rear of the property. The Central Line Underground station at Loughton provides a regular commuter service to and from London and access to the motorway network is via Junction 26 of the M25 at Waltham Abbey or via Junction 5 of the M11 at Loughton (southbound only).
Description - Comprising a ground floor retail unit which currently trades as a beauty salon. The premises are more particularly described as follows:
Salon Area: 375 sq ft (34.8 sq m)
Beauty Room: 112 sq ft (10.4 sq m)
Toilet and kitchen facilities included.
All measurements quoted are approximate only.
Terms - The premises are held on a 10 year lease from November 2015 at a rent of £19,000 per annum. The lease benefits from a tenant's break clause after 5 years. Our client is seeking a premium for their leasehold interest to reflect improvements made to the premises. Premium on application.
All our clients fixtures, fittings and equipment are available at a price to be agreed, including manicure station, 2 threading stations, pedi spa, treatment couch, waxing/facial/massage equipment plus an ELEMIS contract. All remaining stock included.
Business Rates - Epping Forest District Council have informed us of the following;
2010 Rateable Value: £14,000
2017/18 UBR: 0.466 P/£
2017/18 Rates Payable: £6,524
Interested parties are advised to verify these figures with the local rating authority.
Legal Costs - To be met by the ingoing tenant.
Viewings - Strictly through sole agents Clarke Hillyer on .
Epc - An Energy Performance Certificate has been ordered and will be available in due course.
Whilst we at Clarke Hillyer endeavour to ensure the accuracy of property details produced and displayed, we have not tested any apparatus, equipment, fixtures and fittings or services so cannot verify that they are connected, in working order or fit for purpose. Neither have we had sight of the legal documents to verify the Freehold or Leasehold status of the property. Please be advised that any plans provided are to indicate the layout of the property, are not to scale and for guidance purposes only. Any interested parties are advised to obtain verification from their solicitor or surveyor.
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