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Retail / Catering Premises to Let
Salisbury Station is located on both the West of England and Wessex Mainlines. The station is operated by South Western Railway and provides train services to London Waterloo and Exeter St David’s and from Bristol to Southampton Central. Passenger figures from the Office of the Rail Regulator state that Salisbury Station had 1.622 million passenger entries and exits and 0.218 million interchanges in 2022/23.
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Ian Chalmers
Eva Puchowska
Location
The property is located within the booking hall area of the main Station building and most recently traded as Ritazza.
Description
The premises has the following approximate floor area, measured on a net internal basis:
Total area 30 sq. m 322 sq. ft
Agreement Details
The premises are being offered by way of a new 6-year tri-partite lease. 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.
If the tenant requires a longer lease then subject to Network Rail Infrastructure Limited, a longer term may be available. 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.
Rent
The landlord is seeking Minimum Guaranteed Rental offers in the region of £25,000 per annum along with supporting turnover rent provision.
User
The premises are suitable for a number of uses. The landlord is seeking a high quality retail offer with the tenant selling products that complement the existing tenant mix at the station.
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
Insurance
Building Insurance is currently £410.00 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. Should the landlord permit use of the station bins then the tenant will pay towards the costs of refuse collection.
Other Costs
The tenant will be responsible for all utilities, business rates and a contribution towards the buildings insurance.
Shop Fitting
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.
Rating
A search on the Valuation Office Agency website has indicated that the premises is not currently on the Rating List. The ingoing tenant will be responsible for liaising with the Local Authority and shall be liable for any business rates charged.
Energy Performance
The premises are rated E.
Viewing
For further details relating to this property please contact us:
Ian Chalmers – Account Manager
Email: ian.chalmers@amey.co.uk
Tel: 020 7921 2935
Eva Puchowska – Portfolio Manager
Email: eva.puchowska@amey.co.uk
Tel: 07808 395714
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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