Chertsey Station

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Property Details

Catering / Retail Premises to Let

Chertsey station is located on Guildford Street in Surrey. The station is on the Waterloo to Reading Line. Chertsey is a Grade II listed building having been first listed on 3rd June 1986.
Passenger figures from the Office of the Rail Regulator state that Chertsey Station had in just in excess of 0.551 million passenger entries and exits in 2022/23.

Speak to one of our experts

Ian Chalmers
Ian Chalmers
02079212935
Eva Puchowska
Eva Puchowska
07395 883 599

Location

The premises are located in a building adjacent to the main ticket office and station building.

The premises have the following approximate floor areas, measured on a net internal basis:
Ground Floor 50 sq m 538 sq ft
The station WC facility is located within the premises. The new tenant will be required to allow any passenger to use the facility at no cost.

The premises are being offered by way of a new 6-year tri-partite lease from 18th August 2024. 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.
If the tenant requires a longer lease then subject to 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.

The landlord is seeking Minimum Guaranteed Rental offers in the region of £9,500 per annum along with supporting turnover rent provision. Subject to the landlord's formal approval, a rent free period may be available for the tenant undertaking agreed investment to the premises.

The landlord is seeking a high quality retail offer. 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.

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.

Building Insurance is currently £410.00 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.

Shopfit 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.

The payment of business rates will be the responsibility of the tenant. The Valuation Office Agency advise that the premise s are Local authority reference 00237000945111. The rates liability for the property is as follows:
Rateable Value: £12,750
Based on the current multiplier of 0.512 for 2023/24 Rates Payable rate r: £6,528
*An incoming tenant may benefit from Small Business Rates Relief. Interested parties are to make their own enquiries in this regard.

The premises are rated E.

For further details relating to this property 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: 07395 883 599

Ian Chalmers

Contact

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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