Request ID: FOI-0609-2122 Date published: 21 July 2021
You asked
Please can you share with us the following property information as at current date, please indicate which are inside stations under LU management and which are outside/high street for each question unless specified in the question:
What amount (in £) of rent credits/covid support have been given to SMEs within ISR since March 2020?
What amount (in £) of rent credits/covid support has been given to large business tenants in ISR since March 2020?
What amount (in £) of rent credits have been given to SMEs within CD since March 2020?
What amount (in £) of rent credits/covid support has been given to large business tenants in CD since March 2020?
How many occupied units?
How many leases/tenants?
How many are on the market?
How many new lettings since March 2020?
How many outstanding/unresolved rent reviews due before end March 2022?
How many outstanding lease renewals are due before end of March 2022?
How many vacant units are currently unfit for occupancy and require development?
How many vacant units would not be eligible for redevelopment/refurbishment or occupancy and will remain vacant?
How many property managers?
How many are SMEs/Independent?
Total rent arrears for SME portion of estate?
Total rent arrears of the Larger tenants portion of the estate?
% occupancy per use class?
Rent revenue (book value) of occupied Commercial space per station location?
Please don’t hesitate to contact me if any of these questions are unclear.
We answered
Our ref: FOI-0609-2122/GH
Thank you for your request received by Transport for London (TfL) on 24 June 2021 asking for information about rents and other information relating to the TfL property estate.
Your requests have been considered under the requirements of the Freedom of Information Act 2000 and our information access policy.
I can confirm that we do hold the information you require. However, to provide the wide range of information you have requested would exceed the ‘appropriate limit’ of £450 set by the Freedom of Information (Appropriate Limit and Fees) Regulations 2004.
Under section 12 of the FOI Act, we are not obliged to comply with requests if we estimate that the cost of determining whether we hold the information, locating and retrieving it and extracting it from other information would exceed the appropriate limit. In this instance, we estimate that the time required to answer your request would exceed 18 hours which, at £25 per hour (the rate stipulated by the Regulations), exceeds the ‘appropriate limit’.
While we are unable to provide the information you have requested, I would like to highlight that since March 2020, Transport for London’s property teams have worked hard to support their customers. In March 2020, TfL was the first major landlord to announce that small business customers would not have to pay rent for the March 2020 quarter. For the June 2020 quarter, small businesses paid a maximum of 50 per cent of their rent. Since then, TfL has offered targeted support based on sector, location of business and the impact of the pandemic.
Although we are unable to provide you with the specific information you have requested under the Freedom of information Act, we do wish to be helpful and to engage with you, and therefore my colleague Siobhan Jared will contact you to advise how we can assist you further on these matters.
If you are not satisfied with this response, please see the attached information sheet for details of your right to appeal.
Yours sincerely
Graham Hurt
FOI Case Officer FOI Case Management Team General Counsel Transport for London