Walton-on-Thames Station

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Property Details

Retail / Catering Premises to Let

Walton-On-Thames railway station forms part of the South West Main line. The station is an important commuter hub in Surrey with frequent services running to London Waterloo, Surbiton, Basingstoke and Woking. From data supplied by the ORR the station had just in excess of 1.54 million passenger entries and exits in 2021/22.

The opportunity is being offered under an informal tender, deadline for tender submissions being 12 noon, Wednesday 20th December 2023.

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

Location

The premises are in a prime location at the front of the station and next to the main entrance.

The premises has a main entrance from the front to a sales area. From the sales area there are two steps leading to a further area which has a doorway leading to the rear area. There is a shared side access to the right of the retail unit that leads to the rear storage area.
The landlord has recently undertaken works to the premises to level the floor, remove redundant electrical equipment and repair previous damage. The premises has the following approximate floor area, measured on a net internal basis:
• Retail area: 18.99 sq. m 204 sq. ft
• Back of the house: 40.9 sq. m 440 sq. ft
Total floor area: 59.89 sq.m 644 sq. ft

Subject to the consent of Network Rail Infrastructure Limited the premises are being offered by way of a new 6 or 9 year lease, subject to a rent review at the end of the third and sixth year. The lease will be excluded from the security of tenure provisions of the Landlord & Tenant Act 1954. 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 superior landlords costs associated with the grant of this lease.

The opportunity is being offered under an informal tender, deadline for tender submissions being 12 noon, Wednesday 20th December 2023.

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 core coffee operators.

The tenant will be responsible for Building Insurance, currently £410.00 per annum plus Vat.

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 for the Superior Landlord and Landlord’s approval. The plans packs must demonstrate compliance with Building Regulations. AMTECH reports or equivalent will be required as part of the plans submission.

The ingoing tenant will be responsible for Business Rates. The Valuation Office Agency advise that the premises are Local authority (Elmbridge) reference 0000752300120A.
The rates liability for the property is as follows: -
Rateable Value: £8,400.
Based on the current multiplier of 0.512 for 2023/24 Rates Payable: £4,300.80.

The premises are rated C.

For further details relating to this opportunity please contact us:

Eva Puchowska – Portfolio Surveyor
Email: eva.puchowska@amey.co.uk
Tel: 07808 395714

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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