UNIT NOW UNDER OFFER
Wimbledon station is a National Rail, London Underground, and Tramlink station located on
Wimbledon Bridge. The opportunity available is to lease a retail unit located on the lower
concourse which serves the London Underground District Line platforms. The station
has interchange of all 3 transport modes. From data supplied by the ORR Wimbledon
station had just in excess of 20.149 million passenger entries and exits in 2016/17. London
Underground had over 13.40 million entries and exits recorded in the same year
The premises are adjacent to Costa Coffee and have a roller shutter and part glazed frontage. The premises have 63amp 3phase power supply, water and a
drainage connection and comprise the following approximate floor areas, measured on a net internal basis:
• Total Area 63.19 sq m 691 sq ft
The premises are offered on a new lease to 17th August 2024 and subject to a rent review at the end of the third 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.
If the tenant requires a longer lease or flexibility of a shorter lease then please advise. 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.
£45,000.00 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.
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.
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.
The payment of business rates will be the responsibility of the tenant. The Valuation Office
Agency advise that the premise are Local authority reference 03841000000101. The rates liability for the property is as follows: -
Rateable Value: £39,750
Based on the current multiplier of 0.491 for 2019/20
Rates Payable 19/20 rate year: £19,517.25
*An incoming tenant may benefit from Small Business Rates Relief. Interested parties are to make their own enquiries in this regard.
In the first instance:
Ian Chalmers firstname.lastname@example.org