Eastleigh Station

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Property Details

Retail / Catering Premises to Let

Easleigh Station is located on Southampton Road, within short walking distance from the High Street and Swan Shopping Centre. The station operates train services to London Waterloo, Winchester, Salisbury, Porstmouth Harbour and Romsey. Passenger data from the Office for the Rail Regulator stipulate that in 2021/22 the station had in excess of 0.908 million passenger entries and exits and 85,078 interchanges.

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

Location

Retail Unit RU01 is located within the booking hall of the station. The unit benefits from private WC and storage area. Retail Unit RU02 is situated on Platforms 2&3 adjacent to the passenger waiting room area.

Most recently, both retail units traded as a coffee shop. The premises have the following approximate floor areas, measured on a net internal basis:

RU01 Booking Hall: Retail 15.5 sq m, Store 7 sq m
RU02 Platform 2-3: Retail 56 sq m

The premises are being offered by way of a new 6-year tri-partite 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. 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.

Offers in excess of £25,000.00 per annum plus vat along with supporting turnover rent provision.
Subject to the landlord's formal approval, a rent free period may be available for the period of shopfit.

The landlord wishes to provide their customers and the community that the railway serves with an exceptional quality retail offer. We are seeking a high quality retail offer from an end user that shares the aspirations. We anticipate interest from coffee operators

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.

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. Shopfit must be of high quality with use of energy efficent equipment.

The payment of business rates will be the responsibility of the tenant. The Valuation Office Agency advise that the booking hall premises are Local authority reference 700173401782
The rates liability for the property is as follows: -
Rateable Value: £10,500
Based on the current multiplier of 0.512 for 2023/24 Rates Payable: £5,376
*An incoming tenant may benefit from Small Business Rates Relief. Interested parties are to make their own enquiries in this regard.

RU01 is rated E

RU02 is rated B

For further details relating to this property please contact us:

Eva Puchowska – Portfolio Manager
Email: eva.puchowska@amey.co.uk
Tel: 07395 883 599

Ian Chalmers – Account Manager
Email: ian.chalmers@amey.co.uk
Tel: 020 7921 2935

Eva Puchowska

Contact

Eva Puchowska

Assistant Surveyor

Assistant Surveyor with ten years' experience in in both commercial and residential property organisations within public and private sectors.

Acting on behalf of First MTR South Western Railway, Eva assists the Portfolio Manager with the provision of estate management for the retail space on their stations. Her aim is to continuously seek to improve both the Client's commercial income and the existing retail offer. This is achieved through the competitive tender of units, lease renewals, rent reviews, new lettings and assisting in projects to create new retail units.

Call: 07395 883 599

Email: Ewa.Puchowska@amey.co.uk

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