Common questions
What do you look for when you're comparing offers?
Important factors include: what you're bidding for the rent; what you want to do with the space; your business record; your financial background.
What is a conflicting use?
This means there's the same type of business as yours at the location you're interested in. For example, we tend to say no to an application for a newsagent if there's already one in a station.
What is an A1, A2 and A3 permitted property?
It tells you what kind of business you can run in the property. See below for details.
- A1 - retail shops, travel/ticket agencies, dry cleaners, internet cafes, hairdressers, sandwich bars
- A2 - real estate and employment agencies, banks, professional and financial services, betting offices
- A3 - food preparation units - cafes, restaurants, snack bars
- A4 - pubs and bars
- A5 - takeaway food outlets
Can I put in an A3 offer on an A1 advertised property?
Yes, although a decision may take longer. We recommend you contact your local council if you intend to do this.
What does it mean when the lease is to be, 'contracted out of the security of tenure and compensation provisions of the Landlord and Tenant Act 1954'?
All TfL leases contain this clause. It means that when your lease expires, your landlord is not obliged to grant you a new lease under the Act. In most circumstances though, we do renew the lease with the tenant.
What is included in the annual rental figure?
Only rent for the landlord. It does not include rates, outgoings and taxes.
Will there be a deposit and any rent in advance required?
Deposits and rents are usually three to six months in advance. This depends on the strength of the tenant's financial background.
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