Tenancy & Accommodation
| Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews |
| 8 |
Ground |
Retail |
107.67 sq m |
(1,159 sq ft)
|
LADBROKES BETTING
& GAMING LTD (1)
|
15 years from
25/03/2006 (2) |
£24,750 |
25/03/2016
|
| 9 |
Ground
|
Retail |
99.41 sq m
|
(1,070 sq ft) |
INDIVIDUAL (t/a Fitzjohn
Estate Agent) (3) |
10 years from
23/07/2009 (4) |
£22,000 |
23/07/2012, 23/07/2013
and 23/07/2014 (5) |
| 8A |
First
|
Office |
88.07 sq m
|
(948 sq ft) |
INTERACTION
RECRUITMENT LIMITED (6) |
10 years from
11/11/2008 (7) |
£12,000 |
11/11/2013 |
| Totals |
|
|
295.15 sq m |
(3,177 sq ft) |
|
|
£58,750 |
|
(1) For the year ending 31st December 2010, Ladbrokes Betting & Gaming Limited reported a turnover of £683,635,000, pre-tax profits of £67,274,000 and a total net worth of £774,890,000. (Source: www.riskdisk.com 28/02/2012)
(2) There is a tenant only option to determine the lease on the 24th March 2016, subject to 6 months’ written notice.
(3) Fitzjohn is the premier independent estate agent for Peterborough and the surrounding area (Source: www.fitzjohningle.co.uk, 28/02/2012)
(4) There is a tenant only option to determine the lease on the fifth anniversary of the term subject to 6 months’ written notice.
(5) Under the terms of the lease, the rent is to increase by £2,000 at the next
two reviews. The rent for Unit 9 will therefore be £24,000 from 23rd July 2012 and £26,000 from 23rd July 2013. Additionally there is an upwards only rent review to market value on 23rd July 2014.
(6) For the year ending 31st December 2010, Interaction Recruitment plc reported a turnover of £21,819,798, pre-tax profits of £412,212 and a total net worth of £7,998,476. (Source: www.riskdisk.com 28/02/2012)
(7) There is a tenant only option to determine the lease on the 10th November 2015, subject to 6 months’ written notice.
