Tenancy & Accommodation
| Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reversion |
20/24
Henshaw
Street |
Basement |
Betting
Office |
193.52 sq m |
(2,083 sq ft) |
CORAL RACING
LIMITED (1) |
10 years from
17/04/2010 |
£16,500 |
16/04/2020 |
20/24
Henshaw
Street |
Ground |
Retail |
156.17 sq m |
(1,681 sq ft) |
GAME RETAIL
LIMITED (2) |
5 years from
14/01/2015 (3) |
£40,000 |
25/06/2020 |
37 Albion
Street |
Ground
First |
Retail
Retail |
8.83 sq m
169.18 sq m |
(95 sq ft)
(1,821 sq ft) |
INDIVIDUAL
t/a NJ Mobiles |
3 years from
19/04/2016 (4) |
£9,000 |
18/04/2019 |
| Total |
|
527.70 sq m |
(5,680 sq ft) |
|
|
£65,500 |
|
(1) For the year ending 31st December 2016, Coral Racing Limited reported a turnover of £867,406,000, pre-tax profits of £91,174,000 and a total net worth of £54,538,000 (Source: Experian Group 12/01/2018).
(2) For the year ending 30th July 2016, Game Retail Limited reported a turnover of £583,890,000, pre-tax profits of £6,868,000 and a total net worth of £72,104,000 (Source: Experian Group 12/01/2018).
(3) As to unit 20/24, Game Retail Limited has served notice to exercise the tenant option determine the lease on 31/05/2018.
(4) As to the lease of 37 Albion Street, the lease is outside the security of tenure provisions of the Landlord and Tenant Act 1954.
