Chigwell Lane, Loughton
£75,000 pa

Loughton: 020 8502 8911

Key features

Full description

** INDUSTRIAL UNIT TO LET ** - Situated on the west side of Chigwell Lane (A1168) on the opposite side of the road to Debden Station. The unit is approximately ¼ mile from the M11 (Junction 5- southbound only) and approximately 4 miles from the M25 (Junction 26). Comprising a self-contained warehouse totalling 5,950 sq ft (552.8 sq m) which has been used by a footwear business for many years. The premises would be suitable for a variety of uses, and benefit from a forecourt, offices, mezzanine storage and their own toilet and kitchen facilities. Please call CLARKE HILLYER on 020 8501 9220 for further information.

Location
Situated on the west side of Chigwell Lane (A1168) on the opposite side of the road to Debden Station. The unit is approximately ¼ mile from the M11 (Junction 5- southbound only) and approximately 4 miles from the M25 (Junction 26). Debden Station is on the Central Line, and this provides a regular commuter service to and from London. Debden Broadway comprises a variety of independent and multiple traders and the Epping Forest Retail Park in Langston Road is home to many brands such as Aldi, Next and TK Maxx.

Description
Comprising a self-contained warehouse which has been used by a footwear business for many years. The premises would be suitable for a variety of uses, and benefit from a forecourt, offices, mezzanine storage and their own toilet and kitchen facilities. The accommodation is more particularly described as follows:

Ground Floor Warehouse: 3,826 sq Ft (355.5 sq m).
Ground Floor Office: 510 sq ft (47.4 sq m).
Mezzanine Storage: 1,288 sq ft (119.7 sq m).
Mezzanine Office: 326 sq ft (30.3 sq m).
Total: 5,950 sq ft (552.8 sq m).

All measurements are approximate only.

Terms
Available on a new full repairing and insuring lease at a rent of £75,000 plus VAT per annum exclusive. The lease is to be excluded from the Landlord and Tenant Act 1954.

Business Rates
Epping Forest District Council have informed us of the following:

2023 Rateable Value: £48,750
2023/24 UBR: 0.499 P/£
2023/24 Rates Payable: £24,326.25

Interested parties may benefit from Small Business Relief and are advised to verify these figures with the Local Authority.

Legal Costs
To be met by the ingoing tenant.

Viewings
Strictly via sole agents Clarke Hillyer on 020 8501 9220.

EPC
The premises have an Energy Performance Certificate rating of C.