Loughton, IG10 3TZ
Property Type | Industrial / Offices |
Tenure | To Let |
Size | 2,891 sq ft |
Rent | £43,350 per annum |
Business Rates | According to The Valuation Office Agency website www.voa.gov.uk website, the Rateable Value will be £31,750 from April 1st 2023. Applicants are encouraged to check with the relevant local authority to confirm the rates payable for the current financial year as we understand transitional relief may be available. |
Service Charge | No current service charge but the Landlord reserves the right to implement one in the future. |
Energy Performance Rating | Upon enquiry |
The property comprises an end-of -terrace brick-built ground floor unit. The unit provides a mixture of open plan and cellular office space with staff welfare facilities. There is also a loading bay to the front of the property which is served by an electric roller shutter which leads on to a shared loading area. There is further parking to the front and rear.
The accommodation comprises of the following areas:
Name | sq ft | sq m |
---|---|---|
Ground - Floor business unit | 2,891 | 268.58 |
Total | 2,891 | 268.58 |
The property is situated on the established Oakwood Hill Industrial Estate, being positioned just off Chigwell Lane (A1168) and in close proximity to major local employers such as Brown’s Engineering and Neopost. The regional headquarters of Kier (London) and the Higgins Group are close by as are BMW, Mercedes and Volkswagen dealerships. Oakwood Hill provides access to London via the M11 J5. From there, there are direct connections to the A406, A12 and A13; as well as J26 of the M25. Debden (Central Line) station is within easy walking distance of the property from where there are regular tube services to Central London (Oxford Circus approximately 30 minutes).
The property is to be let on a new internal repairing and insuring lease for a period of up to 5 years. The property is not currently elected for VAT, but the Landlord retains the right to do so in the future.