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Property Details
Retail / Catering Premises to Let
Winchfield station is located on the South West Main line between Fleet and Hook. The station provides South Western Railway services to Basingstoke and London Waterloo. Passenger data from the Office of the Road and Rail Regulator states that in 2021/22 the station had just over 163,000 passenger entries and exits.
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Ian Chalmers
Eva Puchowska
Location
The premises are located on platform 1 which provides the train services to London Waterloo and Ascot.
Description
The premises currently trade as a café and have the following approximate floor areas, measured on a net internal basis:
• Total Area 11.26 sq m 121 sq ft
Agreement Details
A 6-year tripartite lease is being offered and will be subject to a landlord’s option to break on six months’ notice or 28 days in case of urgent station works. The lease will be excluded from the security of tenure provisions of the 1954 Landlord & Tenant Act. There will be a rent review on the third anniversary of term commencement. Standard Railway Lease Terms will apply. The incoming tenant will be expected to pay approximately £3,200 plus VAT for landlord and superior landlords costs associated with the grant of this lease.
Rent
We are inviting offers in the region of £2,000.00 per annum plus vat along with supporting turnover rent provision.
User
We require a tenant that will cater for passengers' needs. Our client is anticipating interest from coffee operators.
Utilities
The tenant will be responsible for all utilities consumed and in the event that the operator uses the landlord’s refuse and recycling bins then a contribution will be made towards removal.
Insurance
The tenant shall make a contribution towards the landlord’s building insurance of £410 per annum plus vat.
Service Charge
There is currently no service charge for the premises but the landlord reserves the right to introduce 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 reference 20380369. The rates liability for the property is as follows: -
Rateable Value: £3,900.00
Based on the current multiplier of 0.491 for 2019/20 Rates Payable 19/20 rate year: £1,914.90
*An incoming tenant may benefit from Small Business Rates Relief. Interested parties are to make their own enquiries in this regard.
Energy Performance
The Premises are rated E.
Viewing
For further details relating to this property please contact us:
Eva Puchowska – Portfolio Surveyor
Email: eva.puchowska@amey.co.uk
Tel: 07395 883 599
Ian Chalmers – Portfolio Manager
Email: ian.chalmers@amey.co.uk
Tel: 0207 921 2935
Ian Chalmers
Associate Director
Joining TPT in 2008, Ian is the principal lead on the South Western Railway contract. Ian has worked on the South Western area from 2008 to present day and has also been the client lead for the East Midlands Trains account when franchised to Stagecoach. Ian managed the Greater Western Railway contract before passing the latter to colleagues. Ian is responsible for all third party lettings, licences, property management and Landlord and Tenant matters for South Western Railway tenants and has over 24 years experience as a Chartered Surveyor. Ian’s role involves conception of development proposals, development appraisals and working with the client on a range of commercial retail projects taking schemes from inception through to completion.
Prior to joining TPT now AmeyTPT, Ian worked at Jones Lang LaSalle as an Asset Manager within the Shopping Centre and prior to that at CB Hillier Parker as a member of the team managing, leasing and undertaking Landlord & Tenant advisory work for Major Stations.
Call: 02079212935
Email: ian.chalmers@amey.co.uk
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