Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reversion |
| Ground |
Office |
391.80 sq m |
(4,217 sq ft) |
INTERTEK SURVEYING
SERVICES UK LIMITED (1) |
10 years from
02/02/2009 |
£42,200 |
01/02/2019 |
| First |
Office |
440.83 sq m |
(4,745 sq ft) |
SHAWCOR UK LIMITED (2) |
5 years from 25/09/2015 |
£33,750 (3) |
24/09/2020 |
| Totals |
|
832.63 sq m |
(8,962 sq ft) |
|
|
£75,950 rising to
£82,200 p.a. in 2017 |
(1) Established over 130 years ago, Intertek provides quality and safety services to businesses across the globe. Intertek now employ over 38,000 people in 1,000 locations in over 100 countries. (Source: www.intertek.com 19/09/2015). For the year to 31st December 2014
Intertek Surveying Services UK Limited reported a turnover of £3,482,000, pre-tax profits of 53,000 and a net worth of £1,608,000 (Source: Experian Group 12/11/2015)
(2) Shawcor UK Limited is a division of ShawCor Limited, a growth oriented, global energy services company specializing in technology-based products and services for the pipeline and petrochemical sectors, as well as other industrial markets. ShawCor Limited operate from more than 70 manufacturing and service facilities in over 15 countries (Source: shawcor.com 12/11/2015). For the year to 31st December 2014 ShawCor UK Limited reported turnover of £92,544,000, a pre-tax profit of £8,214,000 and a net worth of £17,294,000. (Source: Experian Group 12/11/2015)
(3) The lease to Shawcor UK Limited provides a rental fixed increase to £45,000 p.a.x. on 25th September 2017. The total rental income from 25th September 2017 will therefore increase to £82,200 p.a.
