Custom House Station – Elizabeth Line, E16 1XL

Retail
Address

Custom House for ExCel DLR Station, E16 1XL

Near
Prince Regent DLR Station
Royal Victoria
Lines
Zone 3
DLR
Size
560 sq ft
Rent
£25,000 per annum
Description

The newly built retail unit sits under the stairs leading up to the station platforms. It has a straightforward configuration and is a good size for an F&B use and has a shop front already installed. The unit has two entrance/exit doors.  

 

3.30 Million
Rent

The rent payable to be an agreed base rent or an agreed percentage of gross turnover, whichever is the higher and will be net of VAT and exclusive of rates.

Location

Custom House for ExCeL is a Docklands Light Railway (DLR) and now an Elizabeth line station in Custom House in London. It is by the Royal Docks in London Borough of Newham and is situated in Travelcard Zone 3. The station has step-free access from street to train and is an above ground station.

Station footfall is currently c.60-70% of pre-pandemic footfall but it is likely this will rise with the opening of the Elizabeth line and it has been estimated (Crossrail.co.uk) that up to 25,000 passengers per day will use the Elizabeth line at this station with the scheduled service of 12 trains per house (peak, each way).

Rates

Rates to be assessed.

Lease term
  • 5-year lease, contracted outside the Landlord & Tenant Act.
  • Annual RPI + 1% rent review applicable. 

Contact Cushman and Wakefield about this property

Cushman and Wakefield

the agents for this property
Contact:
William Alden
51.509958, 0.027701

Custom House Station – Elizabeth Line, E16 1XL

Retail
560
Zone
Zone 3

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