Tenancy & Accommodation
| Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x. |
Reviews/(Reversion) |
| 94/96 |
Ground
Basement
First
Second |
Retail
Ancillary
Ancillary
Ancillary |
290.26 sq m
13.82 sq m
279.87 sq m
135.80 sq m |
(3,124 sq ft)
(149 sq ft)
(3,013 sq ft)
(1,462 sq ft |
CAVERSHAM TRADING
LIMITED (1)
(t/a Brighthouse) |
10 years from
09/08/2011 (2) |
£100,000 (2) |
(08/08/2021) |
| 98 |
Ground
First
Second |
Retail/Ancillary
Ancillary
Ancillary |
146.45 sq m
135.00 sq m
147.00 sq m |
(1,576 sq ft)
(1,453 sq ft)
(1,582 sq ft) |
DONE BROTHERS (CASH
BETTING) LIMITED (3)
(t/a Betfred) |
10 years from
26/11/2014 (4) |
£50,000 |
26/11/2019
(25/11/2024) |
| 100 |
Ground
First
Second |
Retail/Ancillary
Retail/Ancillary
Ancillary |
153.00 sq m
140.00 sq m
146.80 sq m |
(1,647 sq ft)
(1,506 sq ft)
(1,580 sq ft) |
INDIVIDUALS
(t/a McDonald’s) |
125 years from
12/08/1996 |
£100 |
(06/08/2121) |
| Totals |
|
|
1,588.00 sq m |
(17,092 sq ft) |
|
|
£150,100 (2) |
|
(1) For the year ending 31st March 2015, Caversham Trading Limited reported a turnover of £67,479,000, pre-tax profits of £2,759,000 and a total net worth of £56,365,000. (Source: Experian Group 22/02/2016)
(2) The lease to Caversham Trading Limited is subject to tenant options to determine at any time between 09/08/2016 and 09/08/2017. By way of a Deed of Variation (due to complete imminently) the tenant option to determine will be removed and the rent reduced to £80,000 p.a.x. The revised rent of £80,000 will start from 09/08/2016. Heads of Terms are available within the legal pack.
(3) For the year ending 28th September 2014, Done Brothers (Cash Betting) Limited reported a turnover of £417,111,000, pre-tax profits of £13,967,000 and a total net worth of £108,429,000. (Source: Experian Group 22/002/2016)
(4) The lease provides for a tenant option to determine on 26th November 2019.
