New Retail Units in Ticket Hall, Oxford Circus Underground Station
City of London, W1B 3AG
280 sq ft
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.
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.
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.
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.
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.
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.