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Property Details
Retail Premises to Let
The flagship station is located on the South West Main line providing services to London Waterloo, Winchester, Southampton, Bournemouth and Weymouth but also interchanges with the Alton Line, the Portsmouth Direct Line to Guildford and
Portsmouth Harbour and the West of England Main Line to Andover, Salisbury and Exeter Passenger data from the Office for the Rail Regulator stipulates that in 2024/25 the station had in excess of 6,522,202 million passengers entries and exits.
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Ian Chalmers
Isobel Barber
Location
The premises are located at the main entrance using Station approach and most recently traded as a convenience store.
Description
The premises provides two customer entrance/exits as well as a loading bay, yard
and bin storage area. The premises are currently configured with the sales area and back of house with WC, staff mess, offices and storage.
Agreement Details
The premises are offered either by way of a new lease to 31st March 2029 or subject to the Superior Landlord’s approval, a new 9-year tripartite lease. 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 landlord and if a longer lease is required, the superior landlords costs associated with the grant of this lease.
Rent
Offers in excess of £120,000 per annum plus vat plus supporting turnover rent provision Subject to the landlord's formal approval, a rent free period may be available for the period of shopfit.
Other Costs
The tenant will be responsible for all utilities, cost of refuse disposal and insurance. 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.
Shop Fitting
Fit Out works will need to be undertaken by professional qualified contractors. The incoming tenant will be required to provide detailed annotated shop fit plans and signage proposals demonstrating a high quality shopfit. The works and signage will
require the Landlord's consent and technical consent of the Superior Landlord, Network Rail Infrastructure Limited. Shopfit must be of high quality with use of
energy efficient equipment.
Rating
The payment of business rates will be the responsibility of the tenant. Data from the Valuation Office Agency website indicates: . Local Authority
(Woking) reference 10096010001800
The rates liability for the property is as follows: -
Rateable Value: £117,000.00.
For 2025/26 based on a multiplier of 55.5p rates
payable will be £64,935.00 per annum.
Energy Performance
The premises are rated D
Viewing
For further details relating to this property please contact us:
Ian Chalmers – Account Manager
Email: ian.chalmers@amey.co.uk
Tel: 020 7921 2935
Isobel Barber – Assistant Project Manager
Email: isobel.barber@amey.co.uk
Tel: 07926 280065
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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