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New Retail Units in Ticket Hall, Oxford Circus Underground Station

City of London, W1B 3AG

New Retail Units in Ticket Hall

Overview

Size

280 sq ft

Availability

To Let

Details

Description

Situated opposite the ticket barriers, both new retail units will occupy a prominent position in Oxford Circus Station. The units will benefit from excellent visibility within the ticket hall, which captures all passenger footfall from exits 1 - 4. The units are located on the unpaid side of the ticket barrier. They will be handed over in shell condition with capped off services and a shop front installed. The units are located on the unpaid side of the ticket barrier. They will be handed over in shell condition with capped off services and a shop front installed.

Location

Oxford Circus Underground Station is located at the junction of Regent Street and Oxford Street, with entrances/exits on all four corners of the intersection. The station is an interchange between the Bakerloo, Central and Victoria lines. It is the busiest station in the United Kingdom, with 76.3 million entries and exits in 2018. On the Central line it is between Bond Street and Tottenham Court Road, on the Bakerloo line it is between Regent's Park and Piccadilly Circus and on the Victoria line it is between Green Park and Warren Street. The station is in Travelcard Zone 1.

Financial

Rent

The rent payable will be the higher of either base rent of: £115,000 (unit 1) and £70,000 (unit 2) pax or a percentage of turnover to be agreed.

Lease Term

The units are available on a 5 year lease contracted outside the Landlord & Tenant Act and will be subject to a 6-month rolling Landlord break.

Lease Type

New Lease

Rates

The Tenant will be responsible for the Rates Payable, which are yet to be assessed. Interested parties are advised to contact the VOA direct for more information.

Contacts

Agents

Cushman & Wakefield

Vicky Davies

07917 686837

Email agent

Cushman & Wakefield

Alice Hershman

020 7152 5798

Email agent

Cushman & Wakefield

Michael Soetan

07766 133 130

Email agent

Transport for London

Company Representative

Email agent

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.