Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews |
Ground
Ground
Ground
Ground
|
Warehouse
Offices
Café & Training Rooms
Vehicle Cleaning Unit |
743.88 sq m
407.10 sq m
223.32 sq m
199.68 sq m |
(8,007 sq ft)
(4,382 sq ft)
(2,404 sq ft)
(2,149 sq ft)
|
TDG (UK) LTD (2) guaranteed by TDG Limited (1) |
15 years from 30/06/2010 until 29/06/2025 on a full repairing and insuring lease
|
£150,477 (3) |
30/06/2015 and 30/06/2020 (3) |
| Totals |
|
1,573.98 sq m |
(16,942 sq ft) |
|
|
£150,477 (3) |
(1) For the year ending 31st December 2012, TDG Limited reported pre-tax profits of £220,000,000 and a total net worth of £128,824,000. (Source: www.riskdisk.com 13/06/2013)
(2) For the year ending 31st December 2012, TDG (UK) Ltd reported a turnover of £6,489,000, pre-tax profits of £12,790,000 and a total net worth of £153,989,000. (Source: www.riskdisk.com 13/06/2013)
(3) The current rent reserved under the terms of the lease is £133,000 p.a.x. The lease provides for the rent to be increased to the higher of £150,477 p.a.x. or OMRV on 30th June 2015 and the higher of OMRV and the rent payable immediately before x 1.1314 on 30th June 2020. The seller will pay the buyer the difference between the current rent reserved of £133,000 p.a.x. and £150,477 p.a.x from completion of the sale until 29th June 2015. Therefore the property will produce £150,477 from completion of the sale.
(4) TDG was recently bought by Norbert Dentressangle, one of the largest logistical operators in Europe.
