Tenancy & Accommodation
| Unit |
Floor |
Use |
Floor Areas (Approx sq m) |
Floor Areas (Approx sq ft) |
Tenant |
Term |
Rent p.a.x. |
Reversion |
| 1 |
Ground
First |
Retail
Ancillary |
90.00 sq m
87.16 sq m |
(969 sq ft)
(938 sq ft) |
FAT FACE HOLDINGS LIMITED (1) |
15 years from 17/03/2009 until 16/03/2024 |
£50,000 |
(16/03/2024) |
| 2 |
Ground |
Retail |
105.04 sq m |
(1,130 sq ft) |
HOLLAND & BARRETT RETAIL LIMITED (2) |
15 years from 12/03/2009 until 11/03/2024 |
£36,000 |
(11/03/2024) |
| 3 |
Ground
First |
Retail
Retail |
157.31 sq m
110.40 sq m |
(1,693 sq ft)
(1,188 sq ft) |
ANGLING DIRECT LIMITED (3)
with guarantee |
Approx. 13 years 2 months from 28/04/2011 until 12/06/2024 |
£32,500 |
(12/06/2024) |
| 4 |
Ground |
Retail |
461.25 sq m |
(4,965 sq ft) |
ICELAND FOODS LIMITED (4) |
15 years from 01/07/2013 until 30/06/2028 (5) |
£77,500 |
(3006/2028) |
| 5 |
Ground |
Retail |
332.23 sq m |
(3,576 sq ft) |
VACANT |
- |
- |
|
| Total |
|
|
1,344.39 sq m |
(14,460 sq ft) |
|
|
£196,000 |
|
(1) For the year ending 29/05/2021, Fat Face Holdings Limited reported a turnover of £9,855,000, pre-tax profits of £7,624,000 and shareholders equity of £69,9151,000. (Source: Northrow 02/02/2022)
(2) For the year ending 30/09/2020, Holland & Barratt Retail Limited reported a turnover of £413,639,000, pre-tax profits of £5,749,000 and shareholders equity of £307,466,000 (Source: Northrow 02/02/2022)
(3) Angling Direct has a large online business and is rated as the number 1 fishing tackle shop online in the UK. (Source: www.anglingdirect.co.uk 02/02/2022). The lease is guaranteed by Hillages Limited with a Shareholders Funds of £2,198,169 for the year ended 31/01/2021. (Source: Companies House)
(4) For the year ending 26/03/2021, Iceland Foods Limited reported a turnover of £3,715,300,000, pre-tax profits of £73,100,000 and shareholders equity of £271,700,000 (Source: Northrow 02/02/2022)
(5) The lease to Iceland Foods Limited provides an option to determine on the tenth anniversary of the term.
