87 Queensway, Bayswater Underground Station

87 Queensway Bayswater Underground Station 

The property comprises a ground floor retail unit with glass window frontage.  It is located on the right hand side when exiting Bayswater Station. The entrance leads out onto Queensway. The area is experiencing great change and improvement with property along the street being bought for redevelopment. The unit would be suitable for a dry use operator looking to benefit from a prominent location.  The unit has power, but no water or drainage. 

Bayswater is a London Underground station in the Bayswater area of the City of Westminster. The station is on the Circle and District lines, between Notting Hill Gate and Paddington stations and is in Travelcard Zone 1.  It is less than 100 meters away from the Central line's Queensway station. 

Use Class

A1 

Lease Type

New Lease 

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. 

Legal

Each party is to be responsible for their own legal costs 

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. 

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. 

Energy Performance Certificate Information

An EPC has been requested from the landlord and will be provided in due course.