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Property Details
Catering Premises to Let
The premises are located at Henley-On-Thames station which is managed by First Great Western Railway. The station is on the Henley on Thames branch line that links the town to Twyford. Henley on Thames is a terminus station with a single terminal platform. Estimated footfall for the year ending March 2024 was 726,000 entries and & exits (source GWR).
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David Murray
David Corp
Location
The retail unit is situated next to the main station entrance and it benefits from both concourse and platform entrances. The premises recently traded as a café.
Description
The premises has the following approximate floor areas, measured on a net internal basis:
Ground Floor retail area 42 sq m 452 sq ft
Agreement Details
GWR are able to offer a lease term to 24th June 2028. A longer lease term may be available subject to the consent of the Superior Landlord, Network Rail. Interested parties should be aware that any new lease will be excluded from the security of tenure provisions of the 1954 Landlord & Tenant Act. The lease will not permit assignment or subletting. The Tenant will be required to meet the Landlord’s reasonable legal costs in connection with the lease which are anticipated to be £1,000 plus VAT.
Rent
The premises are being offered for rent at £15,000 per annum plus vat along with supporting turnover rent provision. Rent is payable quarterly in advance by standing order. A rent deposit will be payable. VAT is payable on all rent.
Incentives such as a rent free period or stepped rental arrangement may be available.
User
The landlord is looking to secure a high quality catering operator and will welcome approaches from local independent businesses.
Utilities
The tenant will be liable for payment of all utility consumption. Electricity consumption is monitored and charged via a smart metering system.
Service Charge
There is currently no service charge for the Premises but the landlord reserves the right to intoduce any service charge in the future.
Rating
The payment of business rates will be the responsibility of the tenant.
The Valuation Office Agency advise that the premises are Local Authority (South Oxfordshire Council) reference 807851007777.
The rates liability for the property is as follows : Rateable Value : £8,000
Based on the rate multiplier of £0.546 for 2024/25 Rates Payable 24/25 Rates Year: £4,368.00
Rates relief may be available to the tenant and they should contact the council directly in this regard.
Energy Performance
The premises are rated E.
Viewing
For further details relating to this property please contact us:
David Murray – Senior Portfolio Manager
Email: david.murray@amey.co.uk
Tel : 0207 921 2936
David Corp – Senior Surveyor
Email: david.corp@amey.co.uk
Tel: 07708 479441
David Murray
Senior Portfolio Manager
David’s career in the rail industry started with BR and he held a number of operational station management posts with Network Rail as well as Station Access Contract management and retail/ commercial positions. Working in both of these departments gave David a broad knowledge of station access issues along with the management of commercial contracts including advertising and promotions, left luggage, ATMs and vending. Having previously managed the client relationships with Southeastern, GTR, TfL, and Scotrail and West Midlands Trains, he is now responsible for overseeing Amey TPT's property management contract with GWR.
Call: 020 7921 2936
Email: david.murray@amey.co.uk
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