Tenancy & Accommodation
| Unit |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews |
| A |
Tyre Deport |
687.48 sq m |
|
KWIK-FIT PROPERTIES LIMITED (1) |
25 years from 30/07/1997 until 29/07/2022 |
£58,500 |
30/07/2012 and five yearly thereafter
|
| B |
Car Wash |
306.48 sq m |
|
ANOUFF CAR WASH LIMITED (2) (t/a ARC Car Wash and quaranteed by Andouff Holdings Limited)
|
25 years from 05/03/1998 until 04/03/2023 |
£40,000 |
05/03/2013 and five yearly thereafter |
|
Telephone Mast |
|
|
VODAFONE LIMITED (3) |
10 years from 28/04/1998 until 27/04/2008 (4) |
£2,228.78 |
|
| Totals |
|
993.96 sq m |
(10,699 sq ft) |
|
|
£100,728.28 |
|
(1) For the year ending 31st December 2009, Kwik-Fit Properties Limited reported a turnover of £70,000, pre-tax profits of £678,000 and a total net worth of £10,099,000. (Source: www.riskdisk.com 12/04/2011)
(2) Founded in Germany in 1965, IMO Car Wash, which trades as ARC in the UK, is the world's largest car wash company washing over 34 million cars per year at over 900 locations and in 14 countries. (Source: www.imocarwash.com 12/04/2011)
(3) Vodafone Group plc is one of the world's largest mobile communications companies by revenue operating across the globe providing a wide range of communications services. They employ approximately 85,000 people and have significant global presence with equity interests in over 30 countries worldwide. (Source: www.vodafone.com 12/04/2011)
(4) The tenant is currently holding over.
