Retail Unit - Gloucester Road Underground Station

Address

Gloucester Road Underground Station, SW7 4SF

Lines
Zone 1
Circle
District
Piccadilly
Size
193 sq ft
Rent
£45,000 per annum
Description

A prominent retail unit on the front of Gloucester Road Underground Station.  The unit captures good passing footfall and has a straightforward configuration with a WC to the rear.

3.79
million annual station footfall
Rent

The base rent payable to be £42,500 pax or an agreed percentage of gross turnover, whichever is the higher, and will be net of VAT and exclusive of rates.

Location

Gloucester Road Underground Station is located on the Piccadilly and District and Circle lines between Earls Court Station and South Kensington Station within travel Zone 1 of the transport for London Network. The Station is located in South Kensington which is an affluent submarket within the London Borough of Kensington and Chelsea.

The unit is adjacent Flowers Inc Florist and the entrance to the station. Other occupiers in the immediate vicinity include Blank Street Coffee, Waitrose & Partners, Wing-Stop, Comptoir Libanais, KFC, Burger King, Starbucks and Tesco Express.

Rates

Rateable Value - £22,750

Rates Payable - £11,352.22

Lease term

5-year lease, contracted outside the Landlord & Tenant Act. 

Annual RPI uplifts for the rent review applicable. 

Service charge payable.

Contact Cushman and Wakefield about this property

Cushman and Wakefield

the agents for this property
Contact:
Roshni Patel
51.49449746996, -0.18366654999999

Retail Unit - Gloucester Road Underground Station

193
Zone
Zone 1

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