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Shop To Let in Prominent Position, 1 Oakwood Parade, Oakwood Hill, Loughton, IG10 3EL

361 Sq Ft / Retail / General Retail

Let - Last updated: 19 November 2024

Highly prominent shop to let for hot food takeaway.

The unit is arranged over ground floor only.

Location

Situated within an affluent local parade of shops at the busy Junction of Oakwood Hill & Roding Road, that leads to Loughton High Road and underground station (Central Line).

Within the immediate vicinity are many local businesses, parades of shops, schools & colleges that serve the extensive local community.

Accommodation

Shop Width - 16.83 ft  (5.13 m)

Shop Depth - 18.7 ft  (5.8 m)

Ground floor - 312.15 sq. ft  (29 sq m)

WC / Kitchenette - 49.51 sq. ft  (4.6 sq m)

Total Area - 361.66 sq. ft  (33.6 sq m)

Terms

Tenure: Leasehold by way of a new FRI lease

Rent: £18,000 pax

Rates:

Rateable Value: £9,500
Rates payable: £0
(Parties advised to verify with Epping council)

Legal Costs - The ingoing tenant is to pay towards the landlord legal costs of £1500 + VAT

Reference Charge - Countrywide Commercial (UK) Ltd charges an admin fee of £350 + VAT to carry out credit checks, AML and references for proposed tenants. This fee is non-refundable once the checks have been applied for whether they are accepted or not by the landlord.

Holding Deposit - Tenants wishing to secure this property may be required to pay a holding deposit to Countrywide Commercial of £2000. This deposit is not refundable except if the vendor withdraws, clear title cannot be proven or the tenant’s references, AML, and Credit checks are not acceptable to the landlord. This deposit is held in our client’s account until completion.

Specification

  • Highly Prominent Unit
  • New Lease Available
  • Gas Now Connected
  • 3 Phase Electric
  • £18,000 pax
  • Zero Rates
  • Electric Shutter
  • Rear Entrance


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