Retail Premises to Let
Carpenders Park railway station is located south of Watford Junction on the Watford DC Line on the London Overground network. It is positioned between the areas of Carpenders Park and South Oxhey, close to the Greater London boundary.
There are 3 trains per hour in each direction from the station.
Total passenger entries and exits in 2017-18 were 1,200,976 (source: ORR 2018).
The retail unit is located in a prominent location in the station ticket hall and all passengers accessing the platform have to pass to the unit.
Unit size - 110 sq. ft. approx.
The premises are suitable for catering use and are available immediately.
The property is available by way of a new lease term to run until May 2023. The lease will be subject to a rent review at the end of the third year of the term. The lease will be excluded from the security of tenure provisions of the Landlord & Tenant Act 1954. Standard railway lease terms will apply. The lease will not permit assignment or sub-letting.
Rental offers invited in the region of £8,000 per annum plus VAT with a supporting turnover percentage. A rent deposit will be payable. Rent is payable quarterly in advance by standing order. AmeyTPT will be required to undertake credit checks on the successful tenant.
An EPC is being obtained by the Landlord.
The incoming tenant will be responsible for the payment of any utility consumption as well as any business rates levied on the property and should contact the local authority for an indication of rateable value.
The incoming tenant will be expected to pay the Landlord’s reasonable legal costs in connection with the grant of the lease. These costs are estimated to be £733 plus VAT.
For further information, and to request a viewing please contact –
DDI: 020 7921 2936