Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Review/(Reversion) |
Part Ground
Part First |
Post Office
Office |
323.44 sq m
61.00 sq m |
(3,482 sq ft)
(657 sq ft) |
POST OFFICE
LIMITED (1) |
16 years from
11/05/2007 until 2023
on a full repairing
and insuring lease (2) |
£64,000 |
(10/05/2023) |
Part Ground
Part First |
Reception
Office |
9.29 sq m
105.58 sq m |
(100 sq ft)
(1,136 sq ft) |
SOLAR PLUS
SERVICES
LIMITED (3) |
3 years from
11/04/2014 |
£10,500 |
(09/04/2017) |
| Totals |
|
499.31 sq m |
(5,375 sq ft) |
|
|
£74,500 |
(1) For the year ending 25/03/2013, Post Office Limited reported a turnover of £1,234,000,000, pre-tax profits of £18,000,000 and a total net worth of £288,000,000. (Source: www.riskdisk.com 10/11/2014)
(2) As to the Post Office, the original lease was for a term of 10 years from 11/05/2007 until 10/05/2017 and the reversionary lease was for a term of 6 years from 11/05/2017 until 10/05/2023.
(3)Solar Plus Services Limited was incorporated on 24th September 2008 and is a leading UK supplier of solar energy systems to the home improvements industry (www.solarplusservices.com). As to the part first floor office let to Solar Plus Services Limited, the tenant has served notice to determine the lease on 10th April 2015.
