Tenancy & Accommodation
| Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x. |
Reviews/(Reversion) |
| 239/241 |
Ground |
Retail |
104.30 sq m |
(1,123 sq ft) |
CORAL ESTATES LTD (1) |
10 years from 24/06/2013 until 2023 |
£14,375 |
24/06/2018 |
| 243 |
Ground |
Retail |
50.70 sq m |
(546 sq ft) |
MRS J MCLEAN (t/a Janes Snack & Sandwich Bar) |
10 years from 01/01/2006 |
£8,750 |
(31/12/2016) |
| 245 |
Ground |
Retail |
53.10 sq m |
(571 sq ft) |
LLOYDS PHARMACY LIMITED (2) (3) |
10 years from 01/06/2005 |
£8,500 |
(31/05/2015) |
| 247 |
Ground |
Retail |
50.40 sq m |
(543 sq ft) |
MR D PHAN AND MR V NGUYEN (t/a Star Nails) |
10 years from 02/06/2008 |
£10,500 |
(01/06/2018) |
| 249 |
Ground |
Retail |
48.80 sq m |
(525 sq ft) |
PASQUE CHARITY (t/a Keech Hospice Care) |
10 years from 22/05/2007 |
£9,250 |
(21/05/2017) |
| 251 to 255 |
First |
Residential |
3 x 2 Bedroom Flat |
INDIVIDUALS |
3 x Assured Shorthold Tenancy Agreements |
£17,550 (4) |
|
| Totals |
|
|
307.30 sq m |
(3,308 sq ft) |
|
|
£68,925 |
|
(1) Coral Estates Limited is part of the Gala Coral Group and together with their online presence, trade from over 1,700 outlets across the UK with a market share of approximately 20% (www.coral.co.uk).
(2)For the year ending 31/12/2013, Lloyds Pharmacy Limited reported a turnover of £1,784,978,000, pre-tax profits of £14,489,000 and a total net worth of £72,933,000. (Source: www.riskdisk.com 09/01/2015)
(3)Lloyds Pharmacy Limited have offered to renew their lease for a term of 10 years from 01/06/2015 subject to a 3 month rent free period and a tenant option to determine the lease in year 5. The proposed rent is £7,750 p.a.x.
(4) The rent shown is the total for the 3 Assured Shorthold Tenancies have been annualised.
