Langston Road, Loughton, Essex, IG10

FOR SALE

RARELY AVAILABLE MODERN SELF-CONTAINED 2-STOREY OFFICE BUILDING

Approximately 4,878sq ft (453.17m2)

WITH UNPRECIDENTED PARKING - FOR UP TO 20 CARS


* Up to 20 car parking spaces
* Suspended ceiling with LG3 lighting
* Raised floor/under floor trunking
* Comfort cooling
* WC and shower facilities
* 8-person passenger lift
* Rarely available freehold opportunity

LOCATION:
Loughton Business Centre is located just off Langston Road which has fast become a go to destination for a wide range of services including Car Sales where BMW/Mini, Mercedes & Volkswagen are all represented. In addition, the popular Epping Forest Retail Park is situated opposite & includes retailers such as TK MAXX, Home Bargains, Next, Mountain Warehouse, Smyths, Aldi & Greggs amongst others. The property is within a two-minute drive of Junction 5 (M11) & is similarly close to Debden (Central Line) underground station which is within a few minutes-walk.

ACCOMMODATION:
Comprising a modern self-contained 2-storey office building totalling approx 4,878sq ft (453.17sq m). The ground floor has a nett lettable area of approximately 2,434sq ft (226.12sq m) & comprises a reception area, 5 offices of varying sizes, storeroom, IT room, WC and shower room. There is an 8-person passenger lift and staircase leading to the first floor which has a net lettable area of approximately 2,444sq ft (227sq m) & is laid out to provide 7 further offices of varying sizes and 2 x WCs. In total there are 14 marked bays, 10 opposite the building & four immediately outside. There is also provision to park a further 6 cars outside the building within the curtilage of our clients Freehold Title.

TENURE:
Freehold

PRICE:
£1,950,000 (One million, nine hundred & fifty thousand pounds) to include full vacant possession. VAT is Applicable.

2024/2025: Rateable Value: £70,500
2025/2025: Rates Payable: £38,493 per annum
We advise any interested parties to make their own enquiries.

LEGAL FEES:
Each party are to be responsible for their own legal fees.

ADMINISTRATIVE FEE:
Upon terms being agreed and prior to Solicitor's being instructed, the prospective purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips Luton. This fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.

POSSESSION:
Immediate upon completion of legalities.

VIEWING:
Strictly by appointment through sole agents Bennett Phillips Luton | Contact Marc Luton at