Tenancy & Accommodation
| Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews |
| 64 |
Ground
First |
Betting Shop/
Ancillary
Ancillary |
82.49 sq m
38.55 sq m |
(887 sq ft)
(415 sq ft) |
BETTING SHOP
OPERATIONS
LIMITED
t/a Jennings Bet
(2) |
15 years from
23/01/2008 until
22/01/2023 |
£50,000 |
23/01/2018 |
| 66-72 |
Ground
First |
Retail/Ancillary
Ancillary |
258.76 sq m
89.57 sq m |
(2,786 sq ft)
(964 sq ft) |
GREGGS PLC
(1) |
10 years from
25/12/2012 until
24/12/2022 |
£97,500 |
25/12/2017 (3) |
| Total |
|
469.37 sq m |
(5,052 sq ft) |
|
|
£147,500 |
|
(1) Greggs is the UK's leading bakery retailer established in the 1950s. Trading from over 1,698 stores and 12 bakeries, it employs around 20,000 people nationwide specialising in assorted baked goods, salads and refreshments. (Source: www.greggs.co.uk 11/09/2017). Greggs Plc has a D&B rating of 5A1 which is considered "a minimal risk of business failure". For the year ending 31st December 2016, Greggs Plc reported a turnover of £894,195,000, pre tax profits of £80,319,000 and a total net worth of £323,367,000 (Source: Experian Group 11/09/2017).
(2) Betting Shop Operations Ltd trades as Jennings Bet and is the UK's largest independent bookmakers with more than 100 stores nationwide. The company was founded and licensed in May 1961, making it the oldest betting company in Britain. It currently employs over 500 personnel and has established itself as one of the most innovative and competitive bookmakers on the modern day High Street (Source: www.jenningsbet.com 11/09/2017).
(3) The tenant did not exercise a 2017 break option.
