Birmingham International Station

Retail Premises to Let

Birmingham International Station is approximately 10km outside Birmingham city centre, close to both the M6 and M42. It is popular as a Park and Ride Station for both long and short distance commuters.
Regular long distance train services operate to London, Glasgow, Manchester, Liverpool and other regional centres as well as a frequent local service to Birmingham and other destinations in the West Midlands.
The Station is adjacent to Birmingham Airport and the National Exhibition Centre conferencing and entertainment complex.

Location

The premises are on the outer station concourse on the pedestrian route to the National Exhibition Centre. Formerly the Travel Centre, the premises have been redeveloped for retail or catering use.
The latest figures available from the Office of Rail Regulation (2018/19) estimate over 6.9 million passenger entries and exits at the station with additional footfall from users of the adjacent Airport and National Exhibition Centre complex.

Description

The unit is approximately 81m2 and is presented in shell condition with capped water, drainage and power.
The unit benefits from a glazed double aspect shopfront.

Permitted Use

High quality catering (possibly as a licensed premises) or retail use.
A small external seating area may be permitted.

Lease Details

A Tripartite internal repairing lease of 6 or 9 years is offered subject to the usual railway determination provisions.
The lease will be contracted out of the security of tenure provisions of the Landlord & Tenant Act.

The Tenant will be responsible for the Landlord's and Superior Landlord’s legal fees estimated at £1,500 plus VAT and £1,063 plus VAT respectively.
The Tenant will also meet the Superior Landlord’s surveyor’s fees (if levied) and the costs of producing a Land Registry compliant lease plan (£120 plus VAT) and a credit reference check (£75 plus VAT)

Rent

Rent to be agreed depending on use based on a Minimum Guaranteed Rent (MGR) together with an Additional Rent based on an agreed percentage of Turnover (where this exceeds the MGR).
A rent free period will be allowed for the duration of the shop fit.
Upward only Rent Review on every third anniversary of the term start date.

Consents

Network Rail Technical consent for the shop fit will be required.

Utilities and Business Rates

The Tenant will be responsible for Business Rates and all utilities consumed on the premises.
A Service Charge is not currently levied on the Premises (however the landlord reserves the right to levy such a charge in future).

Viewing

For further details relating to this property
please contact us:

Phil Duggleby – Senior Portfolio Manager
Email : phil.duggleby@amey.co.uk
Tel : 020 7921 9581

Stephen Ames – Director
Email : stephen.ames@amey.co.uk
Tel : 020 7921 2930