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Catering / Retail Premises to Let
Worcestershire Parkway station opened in February 2020. It is located in Norton, Worcester and is served by train services which run on the North Cotswold Line, operated by GWR, and Cardiff to Nottingham route, operated by Cross Country Trains. vesham is a market town on the River Avon situated equidistant between Worcester, Cheltenham and Stratford-upon-Avon. In 2022/23, the station had 516,483 entries and exits (source GWR).
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David Corp
David Murray
Location
The property is located in a prime position within the station building facing onto the main concourse.
Description
The unit has a net internal area of approximately 22.15 sq. m./238 sq. ft.
It is provided with a 100A 3 phase power supply.
The tenant will have access to WC facilities.
Agreement Details
The property is being offered on a new lease to 24th June 2028.
Interested parties should be aware that any new lease will be excluded from the security of tenure provisions of the 1954 Landlord & Tenant Act. The lease will not permit assignment or subletting.
The incoming tenant will be expected to pay the Landlord’s legal costs in connection with the grant of the new lease. These costs are anticipated at £1,000 plus VAT.
Rent
The premises are offered on a Minimum Guaranteed Rent of £8,500 per annum plus VAT with supporting turnover rent provisions. A rent deposit will be payable. Credit references will require to be obtained.
User
The Landlord is seeking a high quality catering operator. Offers from local independent operators/SMEs would be welcome.
Utilities
The tenant will be responsible for all utilities consumed. The premises are separately metered for the purposes of monitoring electricity consumption and the tenant will be charged on this basis.
Other Costs
The tenant will be responsible for all utility consumption costs and insurance cover with the exception of buildings insurance.
Shop Fitting
The incoming tenant will be required to provide detailed annotated fit out plans and signage proposals demonstrating a high-quality retail shop fit. The Superior Landlords approval may be required in advance of any works. The tenant shall be required to contribute towards the landlord’s costs in obtaining consents.
Rating
The tenant shall be responsible for business rates.
The premises have not been assessed for rates and the incoming tenant will be required to make their own enquiries with the Local Authority to ascertain what business rates will be payable.
Local Authority Worcester City Council.
Energy Performance
The premises are rated B.
Viewing
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 – Senior Portfolio Manager
Email: david.murray@amey.co.uk
Tel : 0207 921 2936
David Corp
Senior Surveyor
David has 20 years’ experience in commercial property management including 4 years’ experience in Asset Management (commercial).
David joined AmeyTPT in November 2020 and is working on the GWR account managing new lettings, lease and licence renewals and reviews, client development advice and general estate management.
Call: 07708 479441
Email: david.corp@amey.co.uk
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