Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Review |
| Ground |
Retail |
148.50 sq m |
(1,598 sq ft) |
A-PLAN HOLDINGS (1) t/a A Plan Insurance |
10 years from 02/07/2015 until 01/07/2025 |
£36,250 |
02/07/2020 |
| First/Second |
Residential (6 flats) |
- |
(-) |
INDIVIDUALS |
6 leases each let for 125 years from 06/10/2010 until 06/10/2135 each let at £100 per annum, doubling every 25 years |
£600 |
Various dates in 2035 and 25 yearly thereafter |
| Total (Ground Floor) |
148.50 sq m |
(1,598 sq ft) |
|
|
£36,850 |
|
(1) For the year ending 28th February 2018, A-Plan Holdings reported a turnover of £93,357,176, pre-tax profits of £29,948,892 and a total net worth of £19,029,747. A-Plan has been providing a personalised insurance service to clients since the 1960s and now has over 80 branches in the UK.
NB: The Seller has served notices on the residential tenants, pursuant to section 5B of the Landlord & Tenant Act 1987.
No acceptance notices have been received from the tenants within the permitted period and therefore the residential tenants cannot exercise their rights of pre-emption on this sale.