Tenancy & Accommodation
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reversion |
Ground Mezzanine |
Workshop Ancillary |
307.59 sq m 45.12 sq m |
(3,310 sq ft) (485 sq ft) |
STAPLETON'S (TYRE SERVICES) LIMITED GUARANTEED BY ITOCHU EUROPE PLC AND ON ASSIGNMENT FROM PIRELLI UK TYRES LIMITED (2) (3) (4) |
15 years from 15/09/2006 (1) |
£27,000 |
14/09/2021 |
Total Commercial Area |
352.71 sq m |
(3,795 sq ft) |
|
|
£27,000 |
|
(1) The lease is guaranteed by Itochu Europe Plc and on assignment from Pirelli UK Tyres Ltd, for a term of 15 years from 15/09/2006.
(2) Stapleton’s has more than 75 years’ experience as one of the UK’s largest distributors of passenger car, 4x4 and van tyres. Employing over 1,000 people at 9 strategic locations across the UK, the Company is a national leader in tyre warehousing and distribution for the specialist tyre retail trade and the car dealership sector. (Source: www.stapletons-tyres.co.uk 17/01/2016). For the year ending 31st March 2015, Stapleton's (Tyre Services) Limited reported a turnover of £286,592,000, pre-tax profits of £2,792,000 and a total net worth of £10,289,000 (Source: www.experian.com 17/01/2010).
(3) For the year ending 31st March 2016 Itochu Europe Plc reported a turnover of £231,822,000, pre-tax profits of -23,468,000 and a total net worth of £47,830,000 (Source: www.experian.com 17/01/2010).
(4) For the year ending 31st December 2015, Pirelli UK Tyres Limited reported a turnover of £320,760,000, pre-tax profits of £6,913,000 and a total net worth of £97,999,000 (Source: www.experian.com 17/01/2010) .