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Retail / Catering Premises to Let
Putney is one of the busiest suburban railway stations in London. Conveniently located on Putney High Street, it serves as a major transport hub for the area, offering frequent services to Central London, Kingston, Wimbledon, Weybridge and Windsor.
The station benefits from excellent connectivity, complemented by nearby East Putney (District Line) and Putney Bridge Underground stations. Passenger figures from the Office of the Rail Regulator state that Putney Railway Station had just in excess of 5.31 million passenger entries and exits in 2023/24.
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Ian Chalmers
Eva Puchowska
Location
The premises are situated within the booking hall, adjacent to the main entrance of the station.
Description
The retail unit is currently trading as W H Smith and is suited for a variety of uses. The premises have the following approximate floor areas, measured on a net internal basis:
• Total Area 662 sq ft 61.52 sq m
Agreement Details
The premises are currently let but will be available from March 2026 by way of a new lease to 31st March 2029. Should the incoming tenant require a longer term then subject to the consent of the Superior Landlord, Network Rail Infrastructure Limited a new 6-year tri-partite lease can be made available.
The lease will be contracted out of the security of tenure and 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 landlords legal costs.
Rent
Minimum Guaranteed Rent £47,500 plus VAT per annum along with supporting turnover rent provision.
User
The landlord is seeking a high quality retail offer which will compliment the existing tenant mix. In order for a letting to proceed, the landlord will need to approve the proposed tenant’s references as part of the letting process. Amey TPT makes a non-refundable reference charge of £75 plus VAT.
Utilities
The tenant will be responsible for all utilities. Should the landlord permit use of the station bins then the tenant will pay towards the costs of refuse collection.
Insurance
Building Insurance is currently £410.00 per annum plus vat.
Service Charge
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
Shopfit works will need to be undertaken by professional qualified contractors. The incoming tenant will be required to provide detailed annotated plans and signage proposals demonstrating a high quality shopfit along with supporting AMTECH (or equivalent) electrical information for the Superior Landlord’s prior approval.
Rating
The payment of business rates will be the responsibility of the tenant. Data from the Valuation Office Agency website indicates: . Local Authority (Wandsworth) reference 00046500165012
The rates liability for the property is as follows: -
Rateable Value: £22,750.00. NB the incoming tenant may benefit from small rates relief.
For 2025/26 based on a multiplier of 55.5p rates payable will be £12,512.50 per annum.
Energy Performance
The premises are rated C.
Viewing
For further details relating to thisproperty please contact us:
Ian Chalmers – Account Manager
Email: ian.chalmers@amey.co.uk
Tel: 020 7921 2935
Eva Puchowska – Portfolio Surveyor
Email: eva.puchowska@amey.co.uk
Tel: 07926 278883
Ian Chalmers
Associate Director
Joining TPT in 2008, Ian is the principal lead on the South Western Railway contract. Ian has worked on the South Western area from 2008 to present day and has also been the client lead for the East Midlands Trains account when franchised to Stagecoach. Ian managed the Greater Western Railway contract before passing the latter to colleagues. Ian is responsible for all third party lettings, licences, property management and Landlord and Tenant matters for South Western Railway tenants and has over 24 years experience as a Chartered Surveyor. Ian’s role involves conception of development proposals, development appraisals and working with the client on a range of commercial retail projects taking schemes from inception through to completion.
Prior to joining TPT now AmeyTPT, Ian worked at Jones Lang LaSalle as an Asset Manager within the Shopping Centre and prior to that at CB Hillier Parker as a member of the team managing, leasing and undertaking Landlord & Tenant advisory work for Major Stations.
Call: 02079212935
Email: ian.chalmers@amey.co.uk
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