26 Oakwood Hill Industrial Estate, Oakwood Hill

Loughton, IG10 3TZ

£25,000 /per annum

Industrial / Warehouse Under Offer

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Description

INDUSTRIAL/BUSINESS UNIT
1572 SQ FT (146M2)
TO LET

Accommodation

Comprising a single story (plus mezzanine) light industrial/business unit set within a terrace of similar units. The unit provides mainly open plan ground floor storage / workshop space, with WC and Kitchen facilities, together with a mezzanine office / storage area. Loading doors provide access from a shared loading / parking area, with 2 allocated car spaces available with the unit. EPC RATING - D88.

Ground Floor	1,249 sq ft (116.04 sq m)
Mezzanine	323 sq ft (30.01 sq m)
Total	1,572 sq ft (146.04 sq m)

Features

Ground floor plus mezzanine space •
WC and kitchenette facilities
2 car parking spaces
0.6 miles to Debden Central Line Station

Particulars

Lease

A new FRI lease is to be made available for a term to be agreed subject to periodic upward only rent reviews. The lease is to be granted outside the provisions of the Landlord & Tenant Act.

Rent

£25,000 per annum exclusive, payable quarterly in advance. VAT is not applicable although the Landlord will have the right to elect for VAT at a later date.

Service Charge

Service charges will apply at a rate of approx. £1.13 per sq. ft (variable).

Business Rates

To be assessed.

Legal Costs

Each party are to be responsible for their own legal fees borne in this transaction.

Possession

Immediate upon completion of legal formalities.

Viewing

Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000 contact Simon Phillips on simon.phillips@bennettphillips.com

EPC

Energy efficiency rating D

Location

The unit is situated on the Oakwood Hill Industrial Estate, which is at the junction of Oakwood Hill and Chigwell Lane and within approximately a 5-minute walk from Debden Underground Station (Central Line). 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. The unit is in close proximity to major local employers such as Neopost and the Higgins Group as well as BMW, Mercedes and Volkswagen dealerships. The immediate area also benefits from having excellent shopping facilities being within a few minutes’ walk of Epping Forest Retail Park where occupiers include TK MAXX, Card Factory, Next, Greggs, Home Bargains, Mountain Warehouse, Smyths & ALDI.