Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews |
| Ground |
Restaurant/
Ancillary |
347.36 sq m |
(3,739 sq ft) |
CASPIAN FOOD SERVICES LIMITED (guaranteed by Caspian UK Group Limited) (t/a Burger King) (1) |
25 years from 14/02/2005 until 13/02/2030 on a full repairing and insuring lease |
£110,000 |
14/02/2020 and 14/02/2025 |
| Ground |
Car Wash |
123.83 sq m |
(1,333 sq ft) |
ANDUFF CAR WASH LTD (2) |
25 years from 24/02/1997 until 23/02/2022 |
£23,100 |
24/02/2017 (3) |
| Totals |
471.19 sq m |
(5,072 sq ft) |
|
|
£133,100 |
(1) For the year ending 6th January 2013, Caspian Food Services Limited reported a turnover of £34,809,000, pre-tax profits of £460,000 and a total net worth of £9,911,000 (Source: www.riskdisk.com 17/04/2014). Caspian UK Group are one of the largest franchisees of Burger King in the UK, with 56 restaurants at present (Source: www.flame-grilled.co.uk 16/04/2014). Founded in 1954, Burger King is the second largest fast food hamburger chain in the world with 12,600 restaurants in 83 countries (Source: www.burgerking.co.uk 16/04/2014)
(2)For the year ending 31st December 2012, Anduff Car Wash Limited reported a turnover of £ 34,170,224, pre-tax profits of £8,645,467 and a total net worth of £33,776,363 (Source: www.riskdisk.com 17/04/2014).
(3)The 2017 rent review for the Anduff Car Wash Ltd lease is to the greater of RPI or OMRV.
