Retail Premises to Let
The premises are located at Henley-On-Thames Railway Station which is being managed by First Great Western Railway. The station is within Henley branch and it's served by regular trains to Twyford.
Information from the Office of the Rail Regulator stipulates that in 2017/18 Henley-On-Thames Station had in excess of 745,422 passenger entries and exits.
The retail unit is situated next to the main station entrance and it benefits from both concourse and platform entrances. The premises are currently trading as a café and have the following approximate floor areas, measured on a net internal basis:
Total retail area 49 sq m 530 sq ft
The tenant will have use of the station WC facilities.
Subject to the consent of the Superior Landlord, the property is being offered on a new lease 5-year lease subject to a rent review at the end of the third year.
Interested parties should be aware that any new lease will be excluded from the security of tenure provisions of the 1954 Landlord & Tenant Act. Standard Railway Lease Terms will apply. The lease will not permit assignment or sub-letting.
The incoming tenant will be expected to pay the Superior Landlord's and Landlord’s legal costs in connection with the grant of the lease. These costs are anticipated at £2,620 plus vat
The tenant will be responsible for all utilities consumed.
RENTAL & TENDER PACKAGE
Rental offers should consist of a base rent supported by a turnover rent percentage. The informal tender package is available upon request by emailing:
Completed tenders should be submitted by 12.00 noon on Friday 7th
FIT OUT PLANS
The incoming tenant will be required to provide detailed annotated fit out plans and signage
proposals demonstrating a high-quality retail shopfit. The Superior Landlord's approval will be required in advance of any works. The tenant shall be required to contribute towards the landlord's costs in obtaining consents.
The ingoing tenant will be responsible for Business Rates and we recommend that anyone interested contact the Local Rating Authority.
A service charge fixed at 7.5% of the Minimum Guaranteed Rent will be payable.