Unit Cart in Ticket Hall, Paddington
London, Greater London, W2 1HQ
22 sq ft, (2 sq m)
The rent payable to be the higher of an agreed base rent or an agreed percentage of turnover. The rent will be net of VAT and will be exclusive of rates and service charge. Offers in excess of £37,500 per annum are invited.
The unit is available by way of a new 3 year lease contracted outside of the Landlord and Tenant Act 1954, and is subject to a rolling 6 month Landlord break.
The location for the cart opportunity is in the Hammersmith & City line ticket hall at Paddington Station, immediately visible as you exit the ticket barriers.
Paddington is a district within the City of Westminster, located in Travelcard Zone 1. The train station predominantly services the West of England and the Heathrow Express. The underground station serves the Bakerloo, Circle, District and Hammersmith & City lines. The station had a footfall of 39 million in 2017.
The Paddington Waterside regeneration project has brought an influx of office tenants to the area, in addition to the existing residential offering.
We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above.