TfL help for retail tenants:
TfL have today written to all retail tenants across their estate, including those within arches and Tube stations, to outline the measures they will be introducing to support them during the COVID-19 pandemic.
The measures, which will start from 25 March 2020, will support the cafes, shops, and businesses on the TfL property estate, 86% of which are small and medium enterprises, so that they can continue to trade in the future. All SMEs on TfL property across London will get 100 % relief from their rent for the next three months. All tenants in London Underground stations that have had to be closed to ensure a safe and reliable service for London’s critical workers will also be given 100% rent relief and our property managers will be contacting them to discuss individual circumstances on a case by case basis as required.
TfL property managers will also be in contact with all other larger businesses on their estate to review their needs to see what additional support they may require. This will be kept under constant review to ensure that if additional support is required it can be provided quickly. TfL is also suspending any ongoing negotiations on rent reviews and lease renewals and will give existing tenants longer to pay any rent outstanding. This will not only help businesses manage their finances, but also relieve additional stress and uncertainty during this difficult time.
TfL travel advice:
TfL would like to thank you for following the government's advice not to travel unless your journey is absolutely necessary.
Ridership on our services has fallen dramatically over the last few weeks. This is helping fight the spread of the virus, protecting the NHS and maintaining safe and reliable transport for health, logistics and other critical workers.
Only travel if your journey is absolutely essential. If you do travel, follow the expert advice on hand washing and other health measures. We are running reduced services and closing a number of stations, and also still need to undertake essential engineering work at weekends.
However if you need to travel, this information will help you get around London this weekend, 21 and 22 March, and the following week.
Please continue to help us and our hardworking staff maintain this action in the weeks and months ahead.
Stay safe and only travel if it is absolutely essential.