Tenancy & Accommodation
Unit |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews/ (Reversion) |
2, 9 and 11 |
898.50 sq m |
(9,671 sq ft) |
PLASTIC PROFILING SPECIALISTS (1) |
10 years from 01/11/2010 (2) |
£30,000 |
(31/10/2020) |
3-7 |
2,763.38 sq m |
(29,745 sq ft) |
FRICTION MARKETING COMPANY LIMITED (3) |
15 years from 19/01/2009 (4) |
£105,000 |
19/01/2019 (18/01/2024) |
12 |
430.22 sq m |
(4,631 sq ft) |
LIFTERZ LIMITED (5) |
6 years from 17/03/2014 |
£13,500 |
(16/03/2020) |
12a |
255.02 sq m |
(2,745 sq ft) |
SAFEWAY CARS SALES LIMITED (6) |
10 years from 31/10/2014 |
£9,296 |
(30/10/2024) |
12a (Parking) |
0.117 acres |
(0.047 ha) |
SAFEWAY CARS SALES LIMITED (6) |
7 years 8 months from 01/03/2017 |
£4,500 |
(30/10/2024) |
14 Land |
10.00 sq m 0.187 acres |
(108 sq ft) (0.076 ha) |
INDIVIDUAL t/a The Bike Skool (7) |
9 years from 01/02/2016 (8) |
£11,600 |
01/12/2019 and 01/02/2023 (9) (31/01/2025) |
Totals |
4,357.12 sq m |
(46,900 sq ft) |
|
|
£173,896 |
|
(1) Plastic Profiling Specialists are highly experienced subcontractors offering lasering and routing services to the POS and engineering sector (Source: www.pps-uk.com 23/02/2018).
(2) The leases of Units 2, 9 and 11 provide a tenant only option to determine on 01/11/2019.
(3) For the year ending 31st March 2017, Friction Marketing Company Limited reported a turnover of £11,626,181, pre-tax profits of £1,496,190 and a total net worth of £6,170,576 (Source: Experian Group 23/02/2018). Established in 1991, FMC manufactures a vast
range of parts for a wide variety of industries and specific specialised markets, including mining, marine, military and industrial (Source: www.frictionmarketing.co.uk 23/02/2018).
(4) The lease of Units 3-7 provides a tenant only option to determine on 19/01/2019.
(5) For the year ending 31st December 2016, Lifterz Limited reported a turnover of £11,660,347, pre-tax profits of £1,003,953 and a total net worth of £2,222,268 (Source: Experian Group 23/02/2018). Lifterz supply platforms to all parts of the country and have established themselves as a leading provider of cherry pickers and scissor lifts in the North and East Midlands (Source: www.lifterz.co.uk 23/02/2018).
(6) Safeway Car Sales Limited are a family run business offering an extensive range of second hand cars (Source: www.safewaycarsales.co.uk 23/02/2018).
(7) Bikeskool offer motorbike rider training and courses to all ages and abilities (Source: www.bikeskool.co.uk 23/02/2018).
(8) The lease of Unit 14 provides a tenant only option to determine on 31/01/2021.
(9) Unit 14 provides fixed rental increases to £12,600 p.a. from 01/12/2019 and £13,200 p.a. from 01/02/2023.