Tenancy & Accommodation
Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews |
Unit 1 |
Ground |
Retail |
96.71 sq m |
(1,041 sq ft) |
INDIVIDUAL t/a Unique Stylish Italia Furniture |
20 years from 20/6/2017 until 2037 (1) |
£35,000 |
20/6/2022 and 5 yearly |
Unit 2 |
Ground |
Retail |
98.57 sq m |
(1,061 sq ft) |
INDIVIDUAL t/a Susan’s Cuts |
20 years from 03/12/2015 until 2035 (2) |
£36,000 |
03/12/2020 and 5 yearly |
Unit 3 |
Ground |
Retail |
84.91 sq m |
(914 sq ft) |
TUKUYPAJ LIMITED on assignment from Individuals t/a Palm Group |
20 years from 02/09/2016 until 2036 (3) |
£26,850 |
02/09/2021 and 5 yearly |
Unit 4 |
Ground |
Leisure |
405.5 sq m |
(4,365 sq ft) |
SHOREDITCH SOLUTIONS LIMITED on assignment with an Authorise Guarantee Agreement (AGA) from Viva Fitness Solutions Limited t/a Anytime Fitness (4) |
15 years from 01/12/2014 until 2029 (5) |
£76,170 |
01/12/2019 01/12/2024 |
Totals
|
685.69 sq m |
(7,381 sq ft) |
|
|
£174,020 |
|
(1) As to unit 1, the lease provides for a tenant option to determine the lease on 20/06/2020 subject to 6 months’ written notice. There is a six month rent deposit in place.
(2) As to Unit 2, the lease provides for a tenant option to determine the lease on 03/12/2020 subject to 6 months’ written notice. There is a three month rent deposit in place.
(3) As to Unit 3, there is a three month rent deposit in place.
(4) Anytime Fitness currently operates in 24 countries globally and has 113 clubs currently in the United Kingdom, as well as 3,342 clubs across the globe (Source:www.anytimefitness.co.uk 09/01/2016).
(5) As to Unit 4, the lease provides for a tenant option to determine the lease on 01/12/2024 subject to 6 months’ written notice. There is 6 months rent deposit in place.