Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Review/(Reversion) |
Basement
Ground
Ground
First
First (Attic)
Second
Second (Attic) |
Storage
Retail
Office
Office
Office
Office
Office |
157.90 sq m
58.97 sq m
229.50 sq m
132.00 sq m
141.50 sq m
171.50 sq m
15.80 sq m |
(1,700 sq ft)
(635 sq ft)
(2,470 sq ft)
(1,421 sq ft)
(1,523 sq ft)
(1,846 sq ft)
(170 sq ft) |
THORNTONS LAW LLP (1)
|
15 years from 19/10/2007 on a full repairing and insuring lease (2)(3)
|
£135,500 |
18/10/2012
(18/10/2022)
|
| Totals |
|
907.17 sq m |
(9,765 sq ft) (4) |
|
|
£135,500 |
|
(1) Founded in 1857, Thorntons now has 29 partners and more than 270 staff, and has grown to become one of Scotland’s leading and largest law firms. They have offices in Dundee, Perth, Arbroath, Forfar and Edinburgh. Their residential property division, Thorntons Property Services, is the largest estate agent in Tayside and Angus and is widely regarded as being the market leader. In the last year, they sold more than £140 million worth of property. (Source: www.thorntons-law.co.uk 26/01/2011) For the year ending 31st May 2009, Thorntons Law LLP reported a turnover of £13,797,000. (Source: www.riskdisk.com 26/01/2011)
(2) Under the terms of the lease, the tenant has an option to determine on 18th October 2017 following nine months’ written notice.
(3) Please note that the lease is subject to a schedule of condition.
(4) Please note that there is an express agreement in the lease that the net internal area of the property at the date of entry is 9,900 sq ft. These areas are from the Scottish Assessors.
