Tenancy & Accommodation
| Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x. |
Reviews/
(Reversion) |
8-10
Bridge
Street |
Ground
Part First |
Restaurant
Ancillary |
195 sq m
100 sq m |
(2,099 sq ft)
(1,076 sq ft)
|
WAGAMAMA LIMITED
(1) |
25 years from 18/02/2008
expiring 17/02/2033 |
£60,000 |
18/02/2023 and 5 yearly |
6
Bridge
Street |
Ground
First |
Retail
Not
accessible |
51 sq m |
(549 sq ft) |
DONE BROTHERS
(CASH BETTING) LTD
(2) |
15 years from 18/01/2013 expiring 17/01/2028 (3) |
£25,700 |
18/01/2018
Review
Outstanding (17) |
2
Bridge
Street |
Ground |
Restaurant |
103 sq m |
(1,109 sq ft) |
COURTIER LIMITED t/a
Carwardine’s (4) |
10 years from 04/03/2019
expiring 03/03/2029 |
£44,000
(4) |
04/03/2024 (4) |
2A Bridge
Street |
Ground |
Retail |
41 sq m |
(441 sq ft) |
AMALI JULES LIMITED
(5) |
10 years from 02/04/2019
expiring 01/04/2029 (6) |
£20,500
(6) |
02/04/2024 (6) |
| Suite 1 |
First |
Office |
77 sq m |
(829 sq ft) |
THE DENTIST
SALISBURY LIMITED (7) |
14.5 years from 25/12/2019 (8) |
£8,500 |
25/12/2024 and 5 yearly |
Suites 2
and 3 |
First |
Office |
146 sq m |
(1,572 sq ft) |
OPTICAL EXPRESS
LIMITED (9) |
5 years from 15/03/2018 (10) |
£18,000 |
(14/03/2023)
(10) |
| Suite 4 |
Second |
Office |
87 sq m |
(937 sq ft) |
MAKARA HEALTH
COMMUNICATIONS
LIMITED (11) |
5 years from 01/10/2019 (12) |
£10,000
(12) |
(02/05/2024)
(12) |
| Suite 5 |
Second |
Office |
93 sq m |
(1,001 sq ft) |
MAKARA HEALTH
COMMUNICATIONS
LIMITED |
5 years from 03/05/2019 (13) |
£11,650
(13) |
(02/05/2024)
(13) |
| Suite 6 |
Second |
Office |
52 sq m |
(560 sq ft) |
MAKARA HEALTH
COMMUNICATIONS
LIMITED |
Term of years from 04/07/2019 (14) |
£7,500
(14) |
(02/05/2024)
(14) |
| Suite 7 |
Second |
Office |
134 sq m |
(1,442 sq ft) |
THE DENTIST
SALISBURY LIMITED
with personal
guarantees |
15 years from 03/06/2019 (15) |
£15,000 |
03/06/2024 and 5 yearly |
| Seating Licence |
|
|
|
|
WAGAMAMA LIMITED |
5 years from 18/02/2018 (16) |
£3,600 |
(17/02/2023) |
| Two Car Park Spaces |
|
|
|
|
VACANT |
|
|
|
| Total |
|
|
1,079 sq m |
(11,615 sq ft) |
|
|
£224,450 |
|
(1) For the year ending 29th April 2018, Wagamama Limited reported a turnover of £293,589,000, pre-tax profits of £28,776,000 and a total net worth of £155,179,000 (Source: Experian Group 13/11/2019). Website: www.wagamama.com
(2) Betfred may be the biggest independent bookmaker on the high street having been founded in 1967 (Source: www.betfred.com).
(3) Option to determine in 18/01/2023.
(4) Current passing rent £42,000 rising to £43,000 in 2nd and 3rd years and to £44,000 in the 4th year. The Seller has agreed to adjust completion monies so the unit will effectively produce £44,000 pa from completion of the sale. "Carwardine's first opened in 1992 and during our time here we've served over 2.5 million customers"(Source : www.carwardines.co.uk).
(5) A boutique jewellery store specialising in silver and gold jewellery with a difference (Source : www.amalijules.co.uk). In occupation since 2014.
(6) Option to determine in 01/04/2021 upon 6 months' notice. Current rent £19,000 rising to £19,500 in year 2 and £20,500 in years 3-5. The Seller has agreed to adjust completion monies so the unit will effectively produce £20,500 pa from completion of the sale.
(7) The Dentist Salisbury has been in occupation since 2004 (Source : www.thedentistsalisbury.co.uk).
(8) The lease is in solicitors hands and due to complete imminently. Option to determine in 24/12/2024 & 24/12/2029 with personal guarantees.
(9) For the year ending 29th December 2018, Optical Express Limited reported a turnover of £88,120,000, pre-tax profits of £1,226,000 and a total negative net worth of £-29,137,000 (Source: Experian Group 13/11/2019). Optical Express opened in 1991 (www.opticalexpress.co.uk).
(10) Option to determine 14/03/2021 and annually upon 6 months' notice.
(11) Makara Health is an independent healthcare communications agency (Source: www.makarahealth.com).
(12) Option to determine 30/09/2022. Current rent £7,500 pa rising to £10,000 on 23/04/2020. The Seller has agreed to adjust completion monies so the unit will effectively produce £10,000 pa from completion of the sale.
(13) Option to determine 02/05/2022. Current rent £5,825 pa rising to £11,650 in year 2. The Seller has agreed to adjust completion monies so the unit will effectively produce £11,650 pa from completion of the sale.
(14) Option to determine 02/05/2022. Current rent £3,750 pa rising to £7,500 in year 2. The Seller has agreed to adjust completion monies so the unit will effectively produce £7,500 pa from completion of the sale.
(15) Option to determine 02/06/2029.
(16) License can be terminated by either party on one month's notice.
(17) Proposed rent of £28,975 per annum served. Negotiations ongoing. Further rent review 18/01/2023.
