Tenancy & Accommodation
Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Review/ (Reversion) |
617 |
Ground |
Retail |
82.91 sq m |
(892 sq ft) |
INCORPORATED TRUSTEES OF THE NATIONAL COUNCIL ON AGEING t/a Age UK (1) |
10 years from 09/08/2008 |
£19,500 |
(08/08/2018) |
619 |
Ground |
Retail |
82.71 sq m |
(890 sq ft) |
GREGGS PLC (2) |
10 years from 25/12/2014 (4) |
£14,500 |
25/12/2019 (24/12/2024) |
621 |
Ground |
Retail |
134.94 sq m |
(1,452 sq ft) |
SPORTSWIFT LIMITED t/a Card Factory (3) |
5 years from 01/02/2014 |
£20,000 |
(31/01/2019) |
623 |
Ground |
Retail |
95.02 sq m |
(1,023 sq ft) |
ALDO GRILL LTD with director guarantees (5) |
7 years from 23/06/2017 |
£13,000 |
22/06/2020 and 22/06/2023 (22/06/2024) |
Totals |
|
395.58 sq m |
(4,257 sq ft) |
|
|
£67,000 |
|
(1) For the year ending 31st March 2016, Age UK reported a pre-tax profit of £4,256,000, a total net worth of £41,973,000 and a working capital of £8,612,000 (Source: Experian Group 9/11/2017).
(2) For the year ending 31st December 2016, Greggs Plc reported a turnover of £894,195,000, a pre-tax profit of £80,319,000 and a net worth of £250,406,000 (Source: Experian Group 8/11/2017).
(3) For the year ending 31st January 2017, Sportswift Limited reported a turnover of £379,540,000, a pre-tax profit of £81,718,000 and a net worth of £62,010,000 (Source: Experian Group 8/11/2017).
(4) As to unit 619, the lease provides for a tenant option to determine the lease on 25th December 2019.
(5) As to unit 623, the Seller holds a rent deposit of £4,550 including VAT.