Tenancy & Accommodation
| Floor |
Use |
Floor Areas Approx sq m |
Floor Areas Approx sq ft |
Tenant |
Term |
Rent p.a.x. |
Reversion |
| Ground |
Retail |
272.00 |
(2,928) |
HERON FOODS LIMITED (CRN 01392197) (2) |
5 years from 23/12/2025 (3) |
£22,000 |
22/12/2030 |
| Total Approximate Floor Area |
|
272.00 (1) |
(2,928) |
|
|
£22,000 |
|
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
(2) Heron Food Limited (CRN:01392197) currently operate from over 340 shops nationwide and employ over 6000 people. Heron Food was established in 1979 and remained a family business until September 2017 when it was brought by B&M Stores (for more information, please see https://heronfoods.com/about/). For the 52 weeks ending 29th March 2025 Heron Foods Limited (CRN: 01392197) reported a Turnover of £546,474,000 and Net Assets of £101,293,000 and Pre Tax Profits of £18,346,000. (Report and Financial Statements as published at Companies House 16/01/2026).
(3) The lease provides the Tenant option to determine the lease on 22/12/2028 upon serving 6 months written notice.
(4) The Seller owns the Freehold interest under title number MAN222510 and MAN222483 and the head Leasehold interest held under title number GM842995 for a term of 120 years from 01/04/1998 until 31/03/2118. Both Freehold and the head Leasehold interest will be transferred to the Buyer.