Retail premises with direct access from platform 2 plus the option to use an existing roadside window as a serving hatch.

• Retail Kiosk 18.29sqm 197sqft

Mains services of electric and water are provided.

A new bi-partite lease is being offered to 24th June 2028. The lease will be contracted out of the security of tenure provisons 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 legal costs associated with the grant of this lease.

To be agreed.
For retail use, a Minimum Guaranteed Rent (MGR) together with an Additional Rent based on an agreed percentage of Turnover (where this exceeds the MGR) depending on use.
A rent deposit will be payable. 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 all utilities connections (where needed) and for all utilities consumed. The tenant will be required to pay costs for installing any smart meter for the purposes of monitoring electricity consumption 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. The tenant will pay towards refuse collection.

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 qualiy shopfit. The works and signage will require the Landlords consent and technical consent of the Superior Landlord, Network Rail Infrastructure Limited. The shopfit must be of high quality with the use of energy efficient equipment.

The payment of business rates will be the responsibility of the tenant.
The Valuation Office Agency advise that the premises are Local Authority (Sedgemoor) reference 6607505330.
The rates liability for the property is as follows : Rateable Value : £2,325
Based on the current rate multiplier of £0.512 for 2023/24 Rates Payable 23/24 Rates Year: £1,190.40

An incoming tenant may benefit from Small Business Rates Relief. Interested parties are to make their own
enquiries in this regard.

Rating D, certificate number 3323-3759-2831-0524-6881

For further details relating to this property please contact us:

David Corp – Senior Surveyor
Email: david.corp@amey.co.uk
Tel: 07708 479441

David Murray – Portfolio Manager
Email: david.murray@amey.co.uk
Tel : 0207 9212936