Tenancy & Accommodation
Unit
No.
|
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews
|
66
|
Ground
First
|
Retail/Ancillary
Ancillary
|
117.5 sq m
79.10 sq m
|
(1,265 sq ft)
(851 sq ft)
|
LADBROKES BETTING
AND GAMING LIMITED
(1)
|
15 years from
29/11/2012 until
28/11/2027 (2)
|
£25,000 (2)
|
29/11/2017 and
29/11/2022
|
67
|
Ground
|
Retail/
Ancillary
|
104.20 sq m
|
(1,122 sq ft)
|
PACT ANIMAL SANCTUARY (3)
|
10 years from 07/10/2014 until
06/10/2024 (4)
|
£19,000
|
07/10/2019
|
67A
|
First
|
Office
|
76.20 sq m
|
(820 sq ft)
|
BERRY RECRUITMENT
LTD (5)
|
9 years from 25/12/2010 until
24/12/2019
|
£5,500
|
25/12/2015 (6)
|
| Total |
|
377.00 sq m
|
(4,058 sq ft)
|
|
|
£49,500
|
|
(1) For the year ending 31st December 2015, Ladbrokes Betting and Gaming Limited reported a turnover of £830,679,000, pre-tax profits of £49,866,000 and a total net worth of £1,191,903,000 (Source: Experian Group 06/03/2017).
(2) The tenant is currently benefitting from a rent free period due to expire 24/06/2017 in return for the removal of a November 2017 break option. The seller has agreed to adjust the completion monies so that the unit effectively produces £25,000 p.a.x. from completion of the sale. The lease provides a tenant option to determine on 29/11/2022 subject to 6 months’ notice.
(3) People for Animal Care Trust (PACT) was established by a group of people dedicated to animal welfare, and registered as a charity in March 1995 (Charity Reg 1154444). The PACT animal sanctuary is one of the largest in East Anglia (Source: www.pactsanctuary.org 06/03/2017).
(4) The lease provides a tenant option to determine on 07/10/2019 subject to 6 months’ notice.
(5) For the year ending 31st December 2015, Berry Recruitment Limited reported a turnover of £48,022,525, pre-tax profits of £508,995 and a total net worth of £2,029,869 (Source: Experian Group 06/03/2017).
(6) The 2015 rent review for 67A is outstanding .
