Charing Cross Station, London, WC2N 5DP

Retail

Address

Charing Cross Station, WC2N 5DP

Near

Embankment Underground Station

Leicester Square Underground Station

Lines

Zone 1

Bakerloo

Northern

Size

1,238 sq ft

Rent

£150,000 per annum

Description

The subject unit is the former ticket office which is being redeveloped into retail space. It sits adjacent the ticket machines and has great visibility when entering and exiting this ticket hall. We understand it will be handed over in shell condition with capped off services. The unit will have a glazed shop front installed by the Landlord. Air circulation is via the original duct routes at the rear of the unit. There is a room (not part of the demise) where AC could possibly be located.

1.35

Billion Passengers Per Year

Million Annual Station Footfall

Rent

The rent payable to be an agreed minimum guaranteed rent (MGR) based on a percentage of turnover (sales), net of VAT and exclusive of rates.

Location

Charing Cross is a central London railway terminus in the City of Westminster. It is the fifth busiest rail terminal in London and operates the Bakerloo and Northern line and national Rail. The station is in travel card zone 1 and the footfall here is 13 million as of 2022. The subject unit is in the Northern Line ticket hall which is currently being modernised. Changes will include better lighting, security and configuration around the ticket barriers and escalators as well as this new retail unit.

Rates

Interested parties are advised to contact the VOA directly for more information.

Lease term