Three areas on the ground floor area are available for let. The areas are separated from the station WC’s so cannot be interconnected. To the Shanklin end there are two rooms and a boiler/store that are accessed from a door by the car park. The rooms were used for community functions. To the centre there is a café with access both from the front of the station and the platform and on the Ryde end of the building a store room.. The unit is suitable for a number of different uses, subject to planning and Landlord’s approval. The premises has the following approximate floor area, measured on a net internal basis:
Community Rooms 57.64 sq. m 620 sq ft
Café 58.60 sq m 631 sq ft
Store 15.68 sq. m 169 sq. ft
Total area 131.82 sq m 1,420 sq ft

The premises are being offered by way of a new 6 or a 9-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. 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 interested in receiving expressions of interest from potential end users. Interested parties should send information on their organisation along with a brief outline of their business.

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 premises are Local authority (Isle of Wight) reference 45008500593012 and 45008500593030
The rates liability for the property is as follows:
Café Premises (Referenced as Unit 1&2) Rateable Value: £5,000.00
Remainder (referenced as Unit 3 Rateable Value £4,150.00
Based on the current multiplier of 0.54.6 for large tenants 2024/25 Rates Payable 24/25 rate year: £2,730 and £2,265.90
*An incoming tenant may benefit from Small Business Rates Relief. Interested parties are to make their own enquiries in this regard.*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 D.

For further details relating to this property please contact us:

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

John Owootomo – Assistant Project Manager
Email: John.Owootomo@amey.co.uk
Tel: 07548107712