Queenstown Road (Battersea)

Retail Premises to Let

Location

Queenstown Road Battersea Station is a Grade II listed building having been first listed on 3rd September 2001. The station is a short walk from Battersea Park station and Battersea Park to the west. Passenger figures from the Office of the Rail Regulator (ORR) state that
Queenstown Road Battersea Railway Station had just in excess of 1,496,050 passenger entries and exits in 2017/18.

Description

The premises are located within booking hall of the Station. The unit was originally the station ticket office but has recently traded as a coffee shop. The premises contain heritage features and have the following approximate floor areas, measured on a net
internal basis:

•Total Area 20.44 220. sq ft.

Lease Details

The premises are offered on a new lease to 17th August 2024 and subject to a rent review at the end of the 3rd year.
The lease will be excluded from the security of tenure and compensation provisions of the 1954 Landlord & Tenant Act. Standard Railway Lease Terms will apply.
The lease will not permit assignment or sub-letting. Subject to the consent of the Superior Landlord, Network Rail Infrastructure Limited, a longer term may be available. The incoming tenant will be expected to pay the landlord and if a longer lease is required, the superior landlords costs associated with the grant of this lease.

Minimum Guaranteed Rent

£12,000.00 plus VAT per annum along with supporting turnover rent provision. Subject to the landlord's formal approval, a rent free period will be available for the tenant undertaking agreed investment to the premises.

Other Costs

The tenant will be responsible for all utilities and refuse collection. The tenant shall make a
contribution towards the landlord’s building insurance of £410 per annum plus vat. There is currently no service charge for the premises but the landlord reserves the right to introduce any service charge in the future.

Shop Fitting

The incoming tenant will be required to provide detailed annotated shop fit plans and signage proposals demonstrating a high quality shopfit for the Landlord’s approval. Subject to the Landlord's consent the successful tenant may be permitted to place some
tables and chairs in the booking hall. Interested parties should contact the local authority for further information regarding listed building consents to works to the premises.

Business Rates

The payment of business rates will be the responsibility of the tenant. The Valuation Office
Agency advise that the premises are Local authority reference 00047040020001. The rates liability for the property is as follows: -
Rateable Value: £5,300
Based on the current multiplier of 0.491 for 2019/20
Rates Payable 19/20 rate year: £2,602.30
*An incoming tenant may benefit from Small Business Rates Relief. Interested parties are to make their own enquiries in this regard.

Energy Performance

The landlord is planning to undertake energy efficiency works to the premises. Further detail will be provided upon request.

Viewing

Viewing is by appointment only.
Email: ewa.puchowska@amey.co.uk