Cushman & Wakefield

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  • Vicky Davies

    • T: 020 7152 5595 (Office)

Unit Museum Subway Shop, South Kensington Station /The Arcade

County Londonderry, County Londonderry, SW7 2NB

Museum Subway Shop, South Kensington Station /The Arcade, County Londonderry - Picture 2017-08-30-14-31-21

Size

393 sq ft, (37 sq m)

Lease Type

New Lease

Rent

£80,000 pa

The Landlord will be seeking offers in excess of £80,000 per annum net of VAT or a percentage of turnover, whichever is the higher and will be exclusive of rates and service charge.

Lease Term

The shop is available by way of a 6 year lease contracted outside the Landlord and Tenant Act 1954. The lease will be subject to the standard TfL rolling break option after the first 6 months.

Description

The unit is located in the subway and is very visible as you come down the steps from the station ticket hall. The unit has a good configuration and benefits from a small kitchen at the rear, an open frontage and roller shutter. Being the only retail unit within the subway it has the benefit of capturing all the footfall that passes through.

Location

The retail unit is located at South Kensington Station, just within the subway that links the station to the museums alongside Exhibition Road.. The station is served by the District, Circle and Piccadilly lines and is in Travelcard Zone 1. Footfall for the station is 33.8 million. The approximate footfall (2015) for the subway is c. 9 million. This is expected to increase to 10 million by 2021.

Accommodation

Ground floor sales 393 sq ft Ground Kitchen 32 sq ft

Rates

Interested parties are advised to verify the above with the VOA or local authority.

Viewing

Strictly by appointment.