NEW LEASEHOLD OPPORTUNITY
KEY FEATURES
LOCATION
A unique opportunity offered by the Swanage Railway Company, consisting of three sites along the railway line in Dorset: Norden Station, Corfe Castle Station and Swanage Station.
Swanage Railway is a railway branch which opened in 1885 and originally operated between Wareham and Swanage, on the Isle of Purbeck, close to the Jurassic Coast. The line eventually closed in 1972, before the Swanage Railway Society reopened the railway as a heritage line in 1979. This volunteer- led heritage line now contributes more than £15,000,000 a year to the Isle of Purbeck economy, and has a national membership of 4,000 people, together with an average of 200,000 passengers per annum.
The area is popular tourist destination with attractions such as Corfe Castle, an eleventh century fortification which was built by William The Conqueror. There is also the seaside town of Swanage, where visitors enjoy many activities including diving, fishing, boat trips, paddle boarding and sight seeing. The town has a population of approximately 9,600.
DESCRIPTION
SWANAGE STATION
Consisting of a KIOSK on the ground floor of the ticket office and a ground floor PREPARATION ROOM, both with storage, fridge, freezers and sink provision. This area has historically been used as a take away for teas, coffees and cakes etc. There is a stationary storage carriage which can be used as a
DRY/FRIDGE/FREEZER STORE.
EXTERNAL
An outside green area provides bench seating for customers.
CORFE CASTLE STATION
A station BUFFET CARRIAGE near the railway museum. This carriage consists of a seating area and countertop SERVERY with preparation area behind.
EXTERNAL
There is external bench seating to provide outside dining.
NORDEN STATION
A KIOSK in the station building with countertop SERVERY and capacity for a handful of seated customers. The station house is located on the railway platform.
BUFFET AND CATERING CARRIAGES
The railway has a commercial KITCHEN in one of the carriages to provide on-train dining. The kitchen is fitted with a range of stainless steel equipment and nonslip flooring.
Each station and the train provides CUSTOMER TOILETS.
THE BUSINESS
Our clients wish to franchise the catering operation at three stations along the railway, as well as BASIC BUFFET FACILITIES on the train. This unique catering opportunity offers plentiful custom, thanks to the railway’s appeal and reputation. The Swanage Railway Company is open to further discussion regarding terms, subject to strength of covenant and business plan.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
LICENCE
A full Premises Licence is held for the sale of alcohol on the train.
SERVICES
SWANAGE STATION
All mains services are connected.
KIOSK
All mains services are connected.
CORFE CASTLE
The carriage is connected to all mains services.
NORDEN
The kiosk is connected to all mains services.
BUFFET AND CATERING CARRIAGES
These are mobile but can be connected to mains electricity or can be battery powered and carry water supplies on board.
TENURE - New lease opportunity
TERM - Three years.
LEASE - A furnished let with the Freeholder retaining ownership of the fixtures and fittings and effects. The Lessee to repair and replace like-for-like.
LANDLORD & TENANT ACT 1954 - Excluded from the security provisions of the Landlord & Tenant Act 1954.
DEPOSIT - A deposit of £2,000 is to be paid.
RENT - A base rent of £6,750 per annum, paid monthly in advance. Turnover rent of 9% up to £130,000 of net takings, then 5% thereafter.
REPAIR LIABILITY - This is a part repairing and insuring lease with the Freeholder retaining responsibility for the structure of the buildings. The Lessee will be responsible for the internal and external decoration.
TIE - Free of all trade ties.
SERVICES - Services are included in the foregoing rent.
VAT - VAT will not be applicable
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