Description
Location - Sterling House is located on Langston Road in Loughton, Essex. Also situated along the road are a number of well-known occupiers such as BMW, Volkswagen and the Higgins Group. Epping Forest Retail Park is opposite the property and this is home to many established brands such as Aldi, Next and TK Maxx. Access to the motorway network is via junction 5 of the M11 (northbound) or junction 26 of the M25. The nearest tube station is Debden, which is on the Central Line, and this provides a regular commuter service to and from London.
Description - Sterling House is a 5 storey commercial building which is occupied by a wide variety of tenants and benefits from a restaurant, gym and parking facilities. This particular office suite is located in the West Wing of the building. The accommodation is more particularly described as follows:
Suite 110W: 2,169 sq ft (201.5 sq m).
Kitchenette facilities included and shared toilet facilities available.
All areas quoted are approximate only.
Terms - The office is available on terms to be agreed, at a rent of ï½£39,042 per annum. Tenants will also be charged a service charge equating to ï½£5 per sq ft, which includes maintenance, security and buildings insurance. Tenants will be responsible for their own electricity. The agreement would be outside of the Landlord and Tenant Act 1954. Parking spaces are available and each space is chargeable at ï½£1,500 + VAT each per annum.
Business Rates - Epping Forest District Council have informed us of the following:
2023 Rateable Value: ï½£23,500
2024-25 UBR: 0.499 P/ï½£
2024-25 Rates Payable: ï½£11,726.50
Interested parties are advised to ascertain current rate liability with the Local Authority.
Legal Costs - To be met by the ingoing tenant.
Viewings - Strictly via agents Clarke Hillyer, tel 020 8501 9220.
Epc - The premises have an Energy Performance Certificate rating of B.
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