Gidea Park Station

UNIT NOW UNDER OFFER

LOCATION

An opportunity exists to submit an offer through an informal tender process in respect of a retail unit at the entrance of Gidea Park railway station. Train services at the station are operated by TfL Rail and run to London Liverpool Street, Stratford, Ilford and Shenfield. The station will be served by future Crossrail services which are due to partially commence in late 2017, with full cross London services available in late 2019. Total passenger entries and exits in 2015-16 were 2,860,546 (source : ORR 2016). The station is located in the London borough of Havering and is in fare zone 6.

DESCRIPTION

The property is located at the front of the station adjacent to the main entrance. There is no remote storage. The unit is suitable for a high quality hot drinks offer.

LEASE

The property is available by way of a new full repairing and insuring lease for a term to May 2023, subject to 3 yearly upward only rent reviews.

RENT & TENDER PACKAGE

Rental offers should consist of a base rent supported by a turnover rent percentage. The tender package is available from TPT upon request. A rent deposit will be payable. Rent is payable quarterly in advance by standing order. TPT may be required to undertake credit checks on the successful bidder.

EPC

The premises achieved an F rating.

BUSINESS RATES

The incoming tenant will be responsible for any business rates levied on the property and should contact the local authority for an indication of rateable value.

COSTS

The incoming tenant will be expected to pay the Landlord’s reasonable legal costs in connection with the grant of the lease.

VIEWING

For further information, and to request a tender pack please contact –
David Murray
Email: david.murray@amey.co.uk
DDI : 020 7921 2936