Description
Location - Situated on Forest Road, Loughton, which is just off the High Road. The High Road is home to many banks and cafes/restaurants as well as a number of multiple retailers such as Marks and Spencer, Magnet Kitchens and Robert Dyas. Public parking is available on Forest Road, and there are also car parks in the vicinity. Loughton Station (Central Line) provides services to London. Access to the motorway network is via Junction 26 of the M25 at Waltham Abbey or via Junction 5 of the M11 at Loughton (southbound only).
Description - Comprising a ground floor lock-up shop which has traded as a beauty salon for many years. The premises would be suitable for a variety if uses and are more particularly described as follows:
Sales area: 260 sq ft (24.2 sq m).
Treatment Room: 49 sq ft (4.5 sq m).
Kitchenette/store: 19 sq ft (1.8 sq m).
Total: 328 sq ft (30.5 sq m).
Toilet facilities included.
All measurements quoted are approximate only.
Terms - The premises are held on a 7 year full repairing and insuring lease from September 2022. The current rent is ï½£16,950 per annum with the next rent review due in September 2028. The lease is available by way of assignment, although a new lease may be available directly with the landlord.
The outgoing tenant is seeking a premium for their fixtures, fittings and goodwill. Premium on application.
Business Rates - Epping Forest District Council have informed us of the following:
2026 Rateable Value: ï½£16,500
2026-27 Retail, Hospitality & Leisure UBR: 0.382 P/ï½£
2026-27 Retail, Hospitality & Leisure Rates Payable: ï½£6,303
Interested parties are advised to confirm current rate liability with the Local Authority.
Legal Costs - To be met by the ingoing tenant.
Viewings - Strictly via sole agents Clarke Hillyer, tel 020 8501 9220.
Epc - The property has an Energy Performance Certificate rating of C.
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