Retail Space FOR RENT in City of London, Greater London

Property Description

Unit 14B - London Waterloo Station - Premium Casual Dining Space for Lease – London SE1
Unit 14B at London Waterloo Station offers an exceptional opportunity for a casual dining provider to occupy a large, well-located space in one of the busiest transport hubs in the UK. The unit, spanning 4,000 sq ft, is currently in shell and core condition, allowing the tenant to customize the space to suit their needs. Previously occupied by an all-day food concept, this unit showcases stunning original features, including exposed brick walls, large steel frames, and spectacular windows that allow natural light to flood the space.
Located in the Balcony area of Waterloo Station, the unit sits alongside other established casual dining providers, ensuring high visibility and consistent footfall from the 80 million passengers that pass through the station annually. Waterloo is a prime retail destination, offering excellent opportunities to attract both commuters and tourists.
About London Waterloo Station
As one of the busiest stations in the UK, Waterloo Station serves as a key transport hub for both local and national travel, making it a prime location for food and beverage operators. The station has a unit penetration rate of 28.2%, with an average dwell time of 16 minutes, ensuring that tenants can benefit from substantial exposure to foot traffic and dwell time.
Property Details
Floor Area: 4,000 sq ft
Handover Condition: Shell & Core
Rent: £150,000 per annum
Available From: Immediate
Lease Length: 9 years (outside of the Landlord and Tenant Act)
Category: Hospitality - Casual Dining
Storage: Available on request
Storage Costs: £25 per sq ft
Service Charge: Year 1-3: £14 psf; Year 4-6: £16 psf; Year 7-9: £18 psf
Rent and Lease Terms
Rent Terms: The rent will be based on either the base rent or an agreed percentage of the gross turnover, whichever is higher. The rent is exclusive of VAT and rates.
Connectivity and Technology
WiFi: Tenant to install
Telecoms: Tenant to install
Utilities and Infrastructure
Gas: 50mm Ø Gas with Common GPT-01 meter
HVAC: Available on request
Drainage:
Male Toilets: 1 x 100mm Ø soil
Female Toilets: 1 x 100mm Ø soil
Bar: 1 x 50mm Ø waste
Kitchen: 1 x 50mm Ø waste
Power Level: 200 AMP
Regulatory and Legal Information
Legal Costs: Each party is responsible for their own legal costs
LLC Fees: £4,000
For further details or to arrange a viewing, please contact Fraser Bond.