Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Review/(Reversion) |
| Ground |
Retail |
56.28 sq m |
(605 sq ft) |
DONE BROTHERS
(CASH BETTING)
LIMITED on Assignment and with an Authorised
Guarantee Agreement
(AGA) from CORAL
RACING LIMITED
t/a Betfred (1) (2) |
16 years from
28/02/2011 on
a full repairing
and insuring
lease |
£7,446 |
29/09/2021
(27/02/2027) |
| First |
Residentia |
Not measured |
INDIVIDUAL |
99 year lease
from
24/07/1992 |
£35 |
24/07/2025
and
24/07/2058
(23/07/2091) |
Totals
|
56.28 sq m |
(605 sq ft) |
|
|
£7,481 |
|
(1) Established in 1967, as of July 2017, Betfred operates over 1,650 shops throughout the United Kingdom after the purchase of
322 shops due to the merger between fellow bookmakers Ladbrokes and Coral in October 2016
(Source: www.betfred.com/about 4/09/2019).
(2) For the year ending 31st December 2017, Coral Racing Limited reported a turnover of £598,371,000, pre-tax profits of £7,642,000 and total net worth of £75,914,000 (Source: Experian 26/09/2019).
