Property Details
Retail Premises to Let
UNIT NOW UNDER OFFER
Speak to one of our experts
Julia Brookes
Location
The unit is located on the ground floor on platform 1, with trains departing to London Marylebone.
Description
Chiltern Railways Company Limited (CRCL) is Station Facility Owner at Wendover.
The unit is located at street level a few meters from the main front of the Station. The unit is approximately 38 square meters with provisional back of house storage. (The incoming tenant will be required to verify these measurements).
The tenant will have use of the WC facilities at the station. The unit has vacant possession.
The incoming tenant will be required to fit-out the units subject to approval of the design and installation by the Landlord.
There will be a power supply of 80 amp single phase to the main unit, and water and drainage. The tenderer is required to carry out load testing and to specify its power requirements.
The incoming tenant will be required to install a sub-meter for the power supply where not present
Footfall at Wendover Station was approximately per annum (Pre Covid) (ORR 2019/20 entries and exits) 484,988 and around 97,592 (ORR 2021/22).
Agreement Details
The property is being offered on a new 4 year lease. The lease will be excluded from the security of tenure provisions of the 1954 Landlord & Tenant Act.
The incoming tenant will be expected to pay the Landlord’s reasonable legal costs (estimated at £1,200 ex VAT) in connection with the granting of the lease.
Rent
Offers shall consist of a Minimum Guaranteed Rent supported by a turnover rent percentage. Rent shall be paid quarterly in advance.
Rating
The incoming tenant will be responsible for Business Rates. A search for the Rateable Value using the station postcode and the Valuation Office Agency website has not provided any detail. It is recommended that the interested parties make their own enquiries with the Local Authority to ascertain what business rates will be payable.
Energy Performance
The EPC Rating for the main unit is D. The Full details can be obtained on the Government EPC website.
Viewing
For further details relating to this property please contact:
Julia Brookes – Portfolio Manager
Email : julia.brookes@amey.co.uk
Tel : 07879 775703
Julia Brookes
Portfolio Manager
Julia was previously with Virgin West Coast Trains where she gained valuable experience in estate management and procurement. She developed and implemented the Total Facilities Management strategy for West Coast Trains, delivering business benefits and value for money. Julia was responsible for improving the quality of commercial tenancies and a step change in revenue for seven years.
At Amey TPT Julia is Portfolio Manager for Chiltern Railways Company Limited. She has managed a transformation in the merchandising mix at Marylebone station and stations along the route improving both commercial revenues and passenger services
Call: 02079219583
Email: Julia.Brookes@amey.co.uk
Find out more about what we do
Select the service of interest to you: