Retail Premises to Let
Weymouth railway station is located in Dorset. Services are provided by South Western Railway and Great Western Railway and run to London Waterloo via Basingstoke and Bristol Temple Meads. Passenger figures from the Office of the Rail Regulator state that Weymouth Station had in just in excess of 0.716 million passenger entries and exits in 2018/19.
The property is located at the front of Weymouth railway station and can be accessed from the concourse and externally. The premises comprises the following approximate floor areas, measured on a net internal basis:
• Retail Area 32.60 sq m 351 sq ft
• Ancillary 16.26 sq m 175 sq ft
• Store 3 sq m 32 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.
£17,000.00 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 landlord is planning to undertake energy efficiency works to the premises. Further detail will be provided upon request.
The incoming tenant will be required to provide detailed annotated shop fit plans and signage. proposals demonstrating a high quality shopfit for the Superior Landlord and Landlord’s approval.
The tenant will be responsible for all utilities consumed and in the event that the operator uses the landlord’s refuse and recycling bins then a contribution will be made towards removal.
The payment of business rates will be the responsibility of the tenant. The Valuation Office Agency advise that the premises are Local authority reference 100187106020. The rates liability for the property is as follows: -
Rateable Value: £14,750.00
Based on the current multiplier of 0.491 for 2019/20 Rates Payable 19/20 rate year: £7,242.25
*An incoming tenant may benefit from Small Business Rates Relief. Interested parties are to make their own enquiries in this regard.
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.
Viewing is by appointment only -
Ian Chalmers – Portfolio Manager
Email : firstname.lastname@example.org
Tel : 020 7921 2935
Ewa Puchowska – Assistant Surveyor
Email : email@example.com
Tel : 020 7921 9582