Tenancy & Accommodation
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Review/ (Reversion) |
Ground Basement |
Retail Ancillary |
71.34 sq m 44.05 sq m |
(3,835 sq ft) (1,799 sq ft) |
CURRENCY EXCHANGE CORPORATION LIMITED (1) |
15 years from 06/10/2014 |
£35,000 |
05/10/2019 05/10/2024 (05/10/2029) |
Ground |
Retail |
22.80 sq m |
(245 sq ft) |
TIMPSON LIMITED (2) |
10 years from 28/10/2016 (3) |
£18,000 |
28/10/2021 (27/10/2026) |
First |
Flat 313A 2 Room Flat |
Not measured |
INDIVIDUAL |
Assured Shorthold Tenancy for a term of 1 year from 22/03/2020 |
£11,700 |
|
Second and third |
Flat 313B 5 Room Flat |
Not measured |
INDIVIDUAL |
Assured Shorthold Tenancy for a term of 1 year from 08/02/2020 |
£16,200 |
|
Total Commercial Area
|
138.20 sq m |
(1,487 sq ft) |
|
|
£80,900 |
|
(1) For the year ending 30th December 2018, Currency Exchange Corporation Limited reported a turnover of £8,217,363, pre-tax profits of £2,418,618 and a total net worth of £7,019,222 (Source: Experian Group 28/02/2020).
(2) For the year ending 29th September 2018, Timpson Limited reported a turnover of £164,229,000, pre-tax profits of £5,718,000 and a total net worth of £54,227,000 (Source: Experian Group 28/02/2020).
(3) The lease provides for a tenant option to determine on 28/09/2021. Timpson has occupied the property since at least June 1970
(50 years).