Tenancy & Accommodation
| Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews |
| 4 Market Place & 1, 3 High Causeway |
Ground
First |
Banking/Office
Ancillary |
155.98 sq m
54.63 sq m |
(1,679 sq ft)
(588 sq ft) |
BARCLAYS BANK
PLC (1) |
20 years from 12/01/2007 until 2027 (2) |
£18,500 |
29/09/2013
and 5 yearly |
| 3A High Causeway |
Ground
First |
Retail
Ancillary |
33.63 sq m
33.07 sq m
|
(362 sq ft)
(356 sq ft) |
W & T COST COUNTERS LIMITED |
10 years from 04/10/2007 |
£7,500 |
25/12/2016 (3) |
| Totals |
|
|
277.31 sq m |
(2,985 sq ft) |
|
|
£26,000 |
|
(1) For the year ending 31st December 2009 Barclays Bank plc reported a turnover of 31,182,000,000, pre-tax profits of 4,559,000,000 and a net worth of 47,130,000,000. (Source: riskdisk.com 10/06/2010) (2) The tenant has an option to determine the lease at the end of the 15th year and the lease is a full repairing and insuring lease subject to a Schedule of Condition. (3) As to the 2006 rent review, no notices have been served. (4) As to 3A High Causeway, the lease is subject to a tenant option to determine the lease on the expiry of the third and sixth years of the term. The tenant has served a Notice to end the lease on 4th October 2010.
