Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews |
| Unit 1 - Ground |
Retail |
95.5 sq m |
(1,028 sq ft) |
STATE BANK OF INDIA (1) |
10 years from and including 24/03/2006 |
£32,500 |
24/03/2011 |
Unit 2 - Ground
Unit 5 - First
Unit 6A - Second |
Retail
Office/Storage
Storage |
97.4 sq m
202 sq m
87 sq m |
(1,048 sq ft)
(2,174 sq ft)
(936 sq ft) |
INDIVIDUALS and including (on assignment)
(t/a LONDIS) (2) |
15 years from and including 18/06/2008 |
£34,000 |
18/06/2013
and 5 yearly |
| Unit 3 - Ground |
Retail |
96 sq m |
(1,033 sq ft) |
1 year VENDOR RENTAL GUARANTEE from completion |
£15,000 |
Unit 4 - Ground
- First |
Retail
Office |
352 sq m
30 sq m |
(3,789 sq ft)
(323 sq ft) |
CLYDESDALE BANK PLC
(t/a YORKSHIRE BANK) (3) |
10 years from and including 24/06/2006 |
£100,000 |
24/06/2011 |
Unit 6 - First
- Second |
Office
Office |
221.5 sq m
36.5 sq m |
(2,384 sq ft)
(393 sq ft) |
JARK RECRUITMENT LIMITED
(now PTS (NORFOLK) LIMITED) (4) |
10 years and 18 days from and including 06/03/2007 |
£14,000 |
06/03/2012 |
| Totals |
|
1,217.90 sq m |
(13,108 sq ft) |
|
|
£195,500 |
|
(1) The State Bank of India is India’s largest commercial bank in terms of profits, assets, deposits, branches and employees. The bank has 131 overseas offices spread over 32 countries and has 200,299 employees. (Source: www.statebankofindia.com 23/09/2010) In addition, State Bank of India is the 50th largest bank in the world and the only Indian bank to feature in the Fortune 500 list. It is 59.41% owned by the Government of India, making them a solid investment. (Source: www.sbiuk.com 24/09/2010) (2) Established in 1959, Londis consists of 1,800 independent retail grocers. Since 2004 they have been part of the Musgrave Group, an Irish based privately owned retail business and one of Ireland’s largest retailers. (Source: www.londis.co.uk 23/09/2010) (3) For the year ending 30th September 2009, Clydesdale Bank plc reported a turnover of £1,999,000,000, pre-tax profits of £48,000,000 and a net worth of £2,250,000,000. (Source: www.riskdisk.com 27/09/2010) (4) For the year ending 31st March 2008, PTS (Norfolk) Limited, a subsidiary of Jark plc, reported a turnover of £2,285,000, pre-tax profits of £950,000 and a net worth of £85,000. (Source: www.riskdisk.com 27/09/2010). Launched in 1996, Jark Recruitment operates from seven branches nationwide and is one of the largest privately owned recruitment groups in the UK. It has ranked in the top 100 recruitment companies in the UK for several years and in the top 10 for certain specialist sectors. (Source: www.jark.co.uk 23/09/2010)
