Tenancy & Accommodation
| Address |
Floor |
Use |
Floor Areas sq m (1) |
Floor Areas sq ft (1) |
Tenant |
Term |
Rent p.a.x. |
Rent Review (Reversion) |
| Unit 1 |
Ground First |
Warehouse/Office Office/Ancillary |
261.85 123.08 |
(2,818) (1,324) |
SOUTH WESTERN SPECIALISED TAPE LIMITED (CRN 02989512) t/a South Western Specialised Tapes (2) |
10 years from 01/06/2022 (2) |
£44,500 |
25/03/2027 (31/05/2032) |
| Unit 2 |
Ground |
Warehouse |
145.19 |
(1,562) |
HOWDEN JOINERY LIMITED (CRN 00526923) (3) |
7 years from 29/09/2026 |
£22,300 |
29/09/2026, 29/09/2031 (31/08/2033) |
| Unit 3 |
Ground First |
Warehouse/Office Office |
214.60 76.34 |
(2,309) (821) |
BURKERT UK LIMITED (CRN 00831741) t/a Burkert UK (4) |
Approx. 17 years from 18/11/2020 (4) |
£20,000 rising to £25,500 in April 2027 |
- (31/03/2037) |
| Unit 4 |
Ground First |
Office Office/Warehouse |
205.00 28.84 |
(2,206) (310) |
INDIVIDUAL |
6 years from 24/08/2026 (5) |
£24,000 |
24/08/2029 (23/08/2032) |
| Total approximate floor area |
|
|
1,054.90 |
(11,354) |
|
|
£110,800 rising to £116,300pax in April 2027 |
|
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
(2) As to Unit 1, South Western Specialised Tape Limited is a specialist supplier of adhesive tape solutions, established in 1977 and based in Cirencester since 2001 (Source: https://swst.co.uk/). The lease provides for a tenant option to determine the lease on 01/06/2027.
(3) As to Unit 2, for the year ending 29th December 2024, Howden Joinery Properties Limited reported a turnover of £2,359,042 and pre-tax profits of £373,250 (Source: Companies House, accessed 23/09/2026). Howden Joinery Limited is a leading UK trade supplier of kitchens, joinery and hardware, established in 1995 with more than 850 depots across the UK (Source: https://www.howdens.com/).
(4) As to Unit 3, for the year ending 31st December 2025, Burkert UK Limited reported a turnover of £20,454,000 and a pre tax profit of £2,122,000 (Source: Companies House, accessed 23/09/2026). Bürkert UK Limited is part of Bürkert Fluid Control Systems, a global manufacturer of fluid control systems and equipment, with its UK headquarters in Cirencester. (Source: https://www.burkert.co.uk/en). The unit is let for a term of approximately 17 years by virtue of a lease for a term from 18th November 2020 until 31st March 2027 and Reversionary lease for a term of 10 years from 1st April 2027 until 31st March 2037 at a rent reserved of £25,500per annum exclusive. The Reversionary lease has been agreed but not yet completed. It is anticipated that the Reversionary lease will be completed prior to the Auction date. The draft copy of the lease is available in the Legal Pack.
(5) As to Unit 4, the lease provides for a tenant option to determine the lease on 24/08/2028 and again on 24/08/2030.