Tenancy & Accommodation
Floor |
Use |
Floor Areas Approx sq m |
Floor Areas Approx sq ft |
Tenant |
Term |
Rent p.a.x. |
Rent Review |
Ground First Mezzanine Second |
Gaming Centre Tanning Salon Ancillary |
169.80 132.60 24.76 74.60 |
1828 1427 267 803 |
Luxury Leisure (02448035) (1) |
25 years from 25th March 2010 until 2035 (2) |
£114,500 |
25/03/2025 (2) |
Total Approximate Floor Area |
|
401.76 (3) |
4325 (3) |
|
|
|
|
(1) Luxury Leisure (02448035) in November 1989 and for the year ending 31st December 2023 reported a Turnover of £141,017,789., Pre Tax Profits of £14,858,803 and Net Assets of £56,956,135.. (Source: Annual Report and Financial Statements as published at Companies House 27/01/205),
(2) The property is let for a term of 25 years from 25th March 2010 until 2035 by virtue of a lease from 25th March 2010 until 24th March 2025 and a Reversionary lease from 25th March 2025 until 24th March 2035. The reversionary lease provides for an Open Market Rent Review on 25th March 2025 and a tenant option to determine the lease on 25th March 2030, subject to 6 months written notice.
(3) The floor areas stated above are those published by the Valuation Office Agency at https://www.tax.service.gov.uk/business-rates-find/valuations/start/724966252 .