Unit 13-14 | London Paddington | Food and Beverage

Soon to be available is an excellent food and drink space at one of London’s most famous stations, suitable for a experienced operator within retail.

Currently trading as a Café Ritazza, this unit has extensive space for seating, and a large counter area for capturing footfall.

Centrally located in a prime position in the Lawn area of Paddington Station and visible to the main concourse. Adjacent to the two main entrances to the Lawn the majority of the footfall has to pass this unit.

Paddington has now become the second largest station in the UK with the addition of the Elizabeth Line interchange and the adjacent Paddington Square development, and has retail unit penetration rate of 38.6%.

Overview

Floor area2,020 sq ft
Handover conditionFloor space with capped services
Rent£200,000 per annum
Available fromJune 2025
Lease length6 years - outside of the landlord and tenant act
CategoryFood and beverage

Rent and Lease Term

Rent termsBase rent or an agreed percentage of gross turnover. Whichever is the higher and will be net of VAT and exclusive of rates
Storage costs£25 per sq ft
Service chargeYears 1-3 £16 per sq ft, Years 4-6 £17 per sq ft.
Length of lease6 years - outside of the landlord and tenant act