Retail Premises to Let
The unit is located in the southern concourse to Blackfriars station. The unit is a short walk from the Tate Modern to the east and the Southbank Centre to the west. Train services at the station are operated by GTR and run services to Bedford, Luton, St Albans, Wimbledon, Sutton, Brighton and Sevenoaks. Total passenger entries and exits in 2015-16 were 10,467,646 per annum (source: ORR).
The unit is glazed at the front and back with the main glazed door facing the station concourse. The unit measures approximately 10.9 sq. m (117 sq. ft).
We are looking for a variety retail uses subject to approval from the Railway operator.
The unit has electricity. No potable water or drainage is available.
The property is being offered on flexible terms on a lease term to September 2021, subject to a rent review after three years. A longer lease term can be considered subject to approval of the Superior Landlord. 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 in excess of £20,000+VAT per annum. Rent is payable quarterly in advance by standing order.
A rent deposit equal to six months' rent plus an amount equal to VAT will be payable. TPT may be required to undertake credit checks on the successful bidder.
The property has an EPC rating of E. A copy of the assessment is available on request.
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
DDI : 020 7921 2937