Unit Kiosk in Ticket Hall, Bank
London, Greater London, EC3V 3LA
135 sq ft, (13 sq m)
The rent payable will be the higher of an agreed percentage of turnover net of VAT or a base rent of £40,000, and will be exclusive of rates.
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.
The unit is located within the ticket hall of Bank Underground and was a former Sweet Express. The unit is simple in configuration and is secured by a roller shutter. There is no water or drainage within the unit. The passing footfall comes from multiple areas as the unit sits close to the ticket barriers and adjacent the ticket machines.
Bank station is situated in the heart of the City of London and served by the Central, Northern, Waterloo and City lines and the Docklands Light Railway. The area is a key location for London financial services, with the Bank of England just moments away. The combined passenger numbers for Bank & Monument (2015) are 52.31m making it one of the busiest stations on the underground.
Rateable Value: £13,000 UBR: 0.479 Rates Payable: £6,227
The Landlord reserves the right to introduce a service charge at any time during the lease term to cover all RICS approved reasonable expenditure. Such charge is to be capped at an agreed amount.
Strictly by appointment.