Unit Former Ticket Office
Charing Cross Underground StationLondon, , SW1A 2DR

Annual Footfall

Former Ticket Office, Charing Cross Underground Station, London - Picture 2017-03-13-14-45-16

Overview

Size

1,238 sq ft

Availability

Under Offer

Details

Description

The subject unit is the former ticket office which has been redeveloped into new retail space. It sits adjacent the ticket machines and has great visibility when entering and exiting this ticket hall. We understand it will be handed over in shell condition with capped off services. The unit will have a glazed shop front installed by the landlord.

Location

Charing Cross is a central London railway terminus in the City of Westminster. It is the fifth busiest rail terminal in London and operates the Bakerloo and Northern line and National Rail. The station is in travel card zone 1 and had a footfall in 2015 of 20.69 million. The subject unit is located in the Northern Line ticket hall which is currently being modernised. The ticket hall is due to reopen in July 2017.

Viewing

For more information, please contact

Financial

Rent

£150,000 pa

The rent payable will be the higher of an agreed percentage of turnover net of VAT or a base rent of £150,000, and will be exclusive of rates.

Lease Term

The shop is available by way of a new 6 year lease contracted outside the Landlord and Tenant Act 1954 and is subject to a 6 month rolling Landlord break.

Rates

Interested parties are advised to make their own enquiries to the Local Authority.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.