Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Rent/Review |
Ground
Basement
First & Second |
Public House
Cellar & Stores
Staff & Residential Flat
? 6 Rooms and 1 Bathroom |
224.51 sq m
89.97 sq m |
(2,417 sq ft)
(968 sq ft) |
PUNCH PARTNERSHIPS (PGRP) LTD (1) with guarantees (2) (on assignment from THE CHEF & BREWER GROUP LTD) (3) (4) |
34 years from 20/04/1995 on a full repairing and insuring lease (4) |
£105,000 |
25/03/2010
and 5 yearly |
| Not Measured |
| Totals |
|
314.48 sq m (3,385 sq ft) |
|
|
£105,000 |
|
(1) For the year ending 22nd August 2009, Punch Partnerships (PGRP) Ltd reported a turnover of £14,586,000, pre-tax profits of £7,389,000 and a net worth of £72,873,000. (Source: www.riskdisk.com 28/04/2010) (2) The lease is guaranteed by Punch Taverns (PGE) Ltd and Scottish & Newcastle Ltd, however, the Scottish & Newcastle Ltd guarantee expires in June 2019.In November 2003, Scottish & Newcastle sold its pub estate to the Spirit Group which was subsequently acquired by Punch Taverns. In 2008, shareholders approved a £7.8 billion takeover of Scottish & Newcastle by Heineken International and Carlsberg. The acquisition was completed on 29th April 2008. (3) The Chef & Brewer Group Limited is a subsidiary of Punch Taverns plc. Punch Taverns is the leading pub company in the UK with a core estate of over 8,300 leased and managed pubs. Punch Pub Company is the managed arm of Punch Taverns operating several pub chains including the Chef & Brewer.(Source: www.punchtaverns.com) (4) Please note, the property has been sub-let to Etive Pubs Ltd. Please see www.princeofwalesputney.co.uk
