Hull Paragon Interchange Station
On the instruction of Transpennine Express Units 2 & 3 – Catering / Retail Opportunity
On the instruction of Transpennine Express Units 2 & 3 – Catering / Retail Opportunities
HULL PARAGON INTERCHANGE STATION KINGSTON-UPON-HULL , HU1 3QX Hull Paragon Interchange comprises both Hull's rail and bus stations and is located in the heart of the city centre adjacent to St. Stephen's Shopping Centre. Train services are provided by TransPennine Express, Hull Trains & Northern Rail to London, Leeds, Manchester, Sheffield and many other regional and local destinations. The latest figures available from the Office of Rail & Road (2019/20) estimate 2,382K annual passenger entries and exits at the rail station. Additionally, an estimated 8 million passengers per year also utilise the 38 bus and 4 coach stands that are an integral part of the Station
Premises Permitted Use Four recently constructed units are situated on the High quality catering, licensed or retail uses will be main rail concourse. permitted. Unit 1 Let to Starbucks Rent Rent to be agreed depending on use, but based on a Unit 2 1,313 sq ft Minimum Guaranteed Rent supported by an Additional Unit 3 1,345 sq ft Rent based on a percentage of Turnover. Unit 4 Let to Costa A generous rent free period will be allowed. Each unit benefits from a glazed full height shopfront Upward only Rent Review on every third anniversary. and is presented in shell condition ready for shop fit Lease Details with capped 60 Amp three phase power, water and An internal repairing lease of 6 or 9 years is offered by drainage supplies. way of a Tripartite Lease subject to the usual railway Units 2 & 3 are available to let individually but could determination provisions. be combined to create a larger unit with possible The lease will be contracted out of the security of remote storage available. tenure provisions of the Landlord & Tenant Act.
AmeyTPT Limited and their clients give notice that: (i) These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. (ii) No person in the employment of AmeyTPT Limited has any authority to make or give any representation or warranty whatever in relation to this property. (iii) Floor areas, measurements or distances given are approximate. Unless otherwise stated, any rents, or outgoings quoted are exclusive of VAT. (iv) Any descriptions given of the property cannot be taken to imply it is in good repair, has all necessary consents, is free of defects.
On the instruction of Transpennine Express Units 2 & 3 – Catering / Retail Opportunities
AmeyTPT Limited and their clients give notice that: (i) These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. (ii) No person in the employment of AmeyTPT Limited has any authority to make or give any representation or warranty whatever in relation to this property. (iii) Floor areas, measurements or distances given are approximate. Unless otherwise stated, any rents, or outgoings quoted are exclusive of VAT. (iv) Any descriptions given of the property cannot be taken to imply it is in good repair, has all necessary consents, is free of defects.
On the instruction of Transpennine Express Units 2 & 3 – Catering / Retail Opportunities
Unit 1 – let to Starbucks Unit 4 – let to Costa
Business Rates. The Tenant will be responsible for business rates. A search for the Rateable Value using the station postcode and the Valuation Office Agency website has not provided any detail. It is recommended that interested parties make their own enquiries with the Hull City Council to ascertain what business rates will be payable.
Costs The Tenant will be responsible for all utilities consumed on the premises and a Service Charge equivalent to 7.5% of the Minimum Guaranteed Rent will be payable. The Tenant will be responsible for the Landlord's and Superior Landlord's legal fees.
AmeyTPT Limited and their clients give notice that: (i) These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. (ii) No person in the employment of AmeyTPT Limited has any authority to make or give any representation or warranty whatever in relation to this property. (iii) Floor areas, measurements or distances given are approximate. Unless otherwise stated, any rents, or outgoings quoted are exclusive of VAT. (iv) Any descriptions given of the property cannot be taken to imply it is in good repair, has all necessary consents, is free of defects. On the instruction of GTR Unit 3 – Catering / Retail Opportunity
For further details relating to this property please contact us:
Phil Duggleby – Portfolio Manager Email : [email protected] Tel : 020 7921 9581
Stephen Ames – Commercial Director Email : [email protected] Tel : 0208 7921 9534
Please visit tpt.amey.co.uk/properties/ for terms and conditions and more information on similar properties across the United Kingdom
@TPTRetail [email protected] 020 7921 2930
AmeyTPT Limited and their clients give notice that: (i) These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. (ii) No person in the employment of AmeyTPT Limited has any authority to make or give any representation or warranty whatever in relation to this property. (iii) Floor areas, measurements or distances given are approximate. Unless otherwise stated, any rents, or outgoings quoted are exclusive of VAT. (iv) Any descriptions given of the property cannot be taken to imply it is in good repair, has all necessary consents, is free of defects.