Retail Premises to Let
AVAILABLE SPRING 2019
An opportunity exists to submit an offer to lease through an informal tender process in respect of the 'Refreshment Room' at Huntingdon railway station.
Huntingdon is a market town in Cambridgeshire located between Peterborough and St Neots. The town centre lies to the north east of the station and is a fifteen-minute walk away.
The unit is located on the London bound platform and is on the east side of the station.
Train services at the station are operated by GTR. Total passenger entries and exits in 2016-17 were 1,840,936 per annum (source: ORR).
The property is a part of the larger station which is a grade II listed building. It comprises a refreshment room together with two rooms to be used as a kitchen and store. The unit will be separated from the residential element and the existing kitchen.
The landlord is looking for a high-quality café.
The tenant will be responsible for the costs of all utility charges for the property.
The property is being offered on flexible terms on a tripartite lease for nine years subject to a rent review after three years. 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.
RENT & TENDER PACKAGE
Rental offers should consist of a base rent in excess of £25,000+vat per annum supported by a turnover rent percentage. Rent is payable quarterly in advance on the modern quarter days by standing order.
The tender package is available from Amey TPT upon request.
A rent deposit will be required. Amey TPT may require to undertake credit checks.
Works are to be undertaken to the property (subject to listed building consent). Once the works complete an EPC will be provided.
The tenant will be responsible for any business rates levied on the property.
The incoming tenant will be expected to pay the Landlord’s and Superior Landlord’s reasonable legal costs in connection with the grant of the lease.
For further information please contact
Damian O’Connor MRICS
DDI : 020 7921 2937