Tenancy & Accommodation
| Floor |
Unit |
Use |
Floor Areas Approx sq m |
Floor Areas Approx sq ft |
Tenant |
Term |
Rent p.a.x. |
Rent Review (Reversion) |
EPC |
| Ground |
Suites 1-4 |
Office/Ancillary |
227.70 |
(2,451) |
GARTHWAITE DIGITAL LTD (CRN: 09232514) & DISPLAY CHAMP LTD (CRN: 15439146) |
5 years from 24/03/2025 |
£10,000 |
24/03/2028 (23/03/2030) (1) |
B |
| Ground |
Suite 5 |
Office/Ancillary |
41.53 |
(447) |
VACANT POSSESSION |
N/A |
N/A |
N/A |
C |
| Ground |
Suite 6 |
Retail/Ancillary |
47.19 |
(508) |
L & R PHARMA LTD (CRN: 12233016) Trading as Pharmacy2go |
5 years from 07/02/2022 |
£8,000 |
N/A (06/02/2027) |
D |
| Ground |
Suite 7 |
Office/Ancillary |
48.31 |
(520) |
ALEXANDER GREENS PROPERTY SERVICES LTD (CRN: 07091266) |
3 years from 18/07/2023 |
£10,700 |
N/A (17/07/2026) |
D |
| Ground |
Suite 8 |
Office/Ancillary |
40.41 |
(435) |
I A P A (CRN: 05166917) |
5 years from 10/10/2025 (2) |
£8,500 |
N/A (09/10/2030) |
D |
| First |
Suite 9 |
Office/Ancillary |
84.61 |
(910) |
VACANT POSSESSION (Newly Refurbished) |
N/A |
N/A |
N/A |
B |
| First |
Suite 10 |
Office/Ancillary |
84.61 |
(910) |
VACANT POSSESSION (Newly Refurbished) |
N/A |
N/A |
N/A |
B |
| First |
Suite 11 |
Office/Ancillary |
84.61 |
(910) |
VACANT POSSESSION (Newly Refurbished) |
N/A |
N/A |
N/A |
B |
| First |
Suite 12 |
Office/Ancillary |
84.61 |
(910) |
VACANT POSSESSION (Newly Refurbished) |
N/A |
N/A |
N/A |
B |
| First (North) |
Suite 14 |
Office/Ancillary |
114.92 |
(1,237) |
A.L.N CARPENTRY & JOINERY LTD (CRN: 07991266) Trading as ALN Carpentry |
5 years from 10/09/2021 |
£20,410 |
N/A (09/09/2026) |
B |
| First (South) |
Suite 15 |
Office/Ancillary |
112.96 |
(1,216) |
LOVELL PARTNERSHIPS LTD (CRN: 02387333) |
10 years from 25/10/2024 (3) |
£20,064 |
N/A (24/10/2034) |
B |
| Second (North) |
Suite 16 |
Office/Ancillary |
81.10 |
(873) |
BIFOLD CANOPIES AND BLINDS LTD (CRN: 11783402) |
3 years from 01/10/2023 |
£12,625 |
N/A (30/09/2026) |
C |
| Second (South) |
Suite 17 |
Clinic/Ancillary |
109.81 |
(1,182) |
CAMBRIDGE ULTRASOUND SCAN LTD (CRN: 13182345) Trading as Window to the Womb |
5 years from 25/05/2022 |
£16,649 |
N/A (24/05/2027) |
C |
| Second |
Suite 18 |
Office/Ancillary |
116.13 |
(1,250) |
NEWMED HEALTHCARE LIMITED (CRN: 08966527) |
10 years from January 2026 (4) |
£15,000 |
(January 2036) |
- |
| Total Approximate Commercial Area |
|
|
1,278.50 |
(13,759) |
|
|
£121,948 |
|
|
(1) As to Suites 1-4, the current rent reserved is £10,000 per annum exclusive, the lease permits for a fixed rental income to £12,000 per annum exclusive on 24/03/2026. The lease provides a fixed rental increase to £12,000 per annum exclusive on 24/03/2027.
(2)The lease provides a Tenant option to determine on 10/10/2028.
(3)The lease provides a Tenant option to determine on 24/10/2029.
(4) As to Suite 18, the lease to NEWMED HEALTHCARE LTD has been agreed for a term of 10 years at a rent reserved of £15,000 per annum exclusive in the 1st year, and £16,500 per annum exclusive in the 2nd year and £18,000 per annum exclusive in the 3rd year. Additionally, an upward only open market rent Review and Tenant option to determine the Lease at the end of the 5th year of the term. The lease has been agreed but not yet documented.