Cushman & Wakefield

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Contacts

  • Vicky Davies

    • T: 07917 686837 (Mobile)
    • T: 020 7152 5595 (Office)
  • Alice Hershman

    • T: 07702 518 499 (Mobile)
    • T: 020 7152 5798 (Direct)
    • T: 020 7935 5000 (Office)

Unit Kiosk in Ticket Hall, Bank

London, Greater London, EC3V 3LA

Kiosk in Ticket Hall, Bank Station, Bank Station, London - Picture 2017-07-27-16-18-15

Size

135 sq ft, (13 sq m)

Lease Type

New Lease

Rent

£40,000 pa

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.

Use Class

A1

Lease Term

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.

Description

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.

Location

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.

Rates

Rateable Value: £13,000 UBR: 0.479 Rates Payable: £6,227

Service Charge

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.

Viewing

Strictly by appointment.