Reading West Station

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Property Details

Retail / Catering Premises to Let

Reading West station is located approx 1 mile west of Reading town centre. The station underwent a major redevelopment with the construction of a new ticket office, ticket hall and retail unit at street level. The new station opened in March 2024.
Estimated footfall for Reading West Station for the year ending March 2024 was 356,930 entries & exits (source GWR)

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David Murray
David Murray
020 7921 2936
David Corp
David Corp
07708 479441

Location

The retail unit is located within the new ticket office building.

The retail unit is newly constructed and accessed from the ticket hall. A serving window faces out onto the street and this can be utilised to take advantage of 
trade other than from the station users.

Net Internal Area : 18.6sqm /200sqft

Mains services of electric & water only. No WC facilities are available.

A new bi-partite lease is being offered to 24th June 2028. The lease will be contracted out of any security of tenure provisions of the 1954 Landlord and Tenant 
Act. Standard Railway Lease Terms will apply. The lease will not permit assignment or subletting. There will be a landlord’s option to break on six months’ notice or 28 days in case of urgent station works. The incoming tenant will be expected to pay approximately £1,000 plus VAT for landlord’s legal costs associated with the grant of this lease.

We are inviting offers in the region of £5,000 plus VAT for a base Minimum Guaranteed Rent (MGR) together with an Additional Turnover Rent element.
A rent deposit will be payable and a credit check will be required. VAT is payable on all rent.

The landlord is looking to secure a high quality catering operator and will welcome approaches from local independent businesses.

The tenant will be responsible for the cost of all utilities consumed. Electricity consumption is monitored via a smart meter and the tenant will be charged on the 
basis of the sub-metered readings.

There is currently no service charge for the Premises but the landlord reserves the right to introduce any service charge in the future.

Fitting out works will need to be undertaken by professional qualified contractors. The incoming tenant will be required to provide detailed, annotated plans and signage proposals for works. Any works and signage will require the Landlord’s prior consent 
and potentially the technical consent of the Superior Landlord, Network Rail Infrastructure Limited. 
Tenants works must be of high quality with the use of energy efficient equipment.

The tenant shall be responsible for business rates.

The premises have not yet been assessed for rates.

The premises are rated B33.

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

Contact

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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