Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Review/(Reversion) |
Basement
(part) |
Storage/Ancillary |
77.7 sq m |
(836 sq ft) |
VACANT POSSESSION |
|
|
|
Basement
(part) |
Storage/Ancillary |
30.1 sq m |
(324 sq ft) |
BRIDGER BELL
COMMERCIAL LLP |
3 years from 26/05/2013
(1) (2) |
£4,250 |
(25/05/2016) |
| Ground |
Offices |
110.5 sq m |
(1,189 sq ft) |
COMMS MULTILINGUAL
LIMITED |
5 years from 24/03/2011
(2) |
£20,450 |
(23/03/2016) |
| First |
Offices |
128.1 sq m |
(1,379 sq ft) |
PRO PUBLICATIONS
INTERNATIONAL
LIMITED |
5 years from 10/11/2012
(2) (3) |
£18,000 |
09/11/2016 |
| Second |
Offices |
112.8 sq m |
(1,215 sq ft) |
ESSENTIALNET
LIMITED |
5 years from 23/12/2013
(2) |
£16,432 (4) |
(23/12/2018) |
| Stable Block |
Residential Maisonette |
55.4 sq m |
(596 sq ft) |
AN INDIVIDUAL |
1 year Assured Shorthold
Tenancy from 03/03/2014 |
£9,000 |
(02/03/2015) |
| Totals |
|
514.6 sq m |
(5,539 sq ft) |
|
|
£68,132 |
|
(1) As to the lease on the basement there is a rolling mutual option to determine upon 6 months’ notice.
(2)The lease is outside the security provisions of the Landlord & Tenant Act.
(3) As to the first floor lease there is an option to determine the lease on 10th May 2016.
(4) The current rent reserved under the lease is £10,690 p.a.x. The lease provides for a rental increase to £13,904 p.a.x. on 23rd December 2014, £15,168 p.a.x on 23rd December 2015 and £16,432 p.a.x. on 23rd December 2016. The seller wil pay the difference between the current rent reserved and £16,432 p.a.x. on completion of the sale such that the property will effectively produce £16,432 p.a.x. from completion of the sale.
