Tenancy & Accommodation
| Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reversion |
| 1 |
Ground |
Trade Counter |
236.44 sq m |
(2,545 sq ft) |
WOLSELEY UK LIMITED
(1) t/a Parts Center |
30 years from
01/11/1990 (2) |
£13,000 |
31/10/2020 |
| 2 |
Ground |
Trade Counter |
227.43 sq m |
(2,448 sq ft) |
KAIZEN ACTIVE
LIMITED t/a Fly
Functional Fitness (3) |
5 years from
18/07/2014 |
£12,773.25 |
17/07/2019 |
| 3 |
Ground |
Trade Counter |
236.44 sq m |
(2,545 sq ft) |
M TAYLOR
t/a Affordable Golf (4) |
10 years from
03/02/2012 |
£12,000 |
02/02/2022 |
| 4 |
Ground |
Trade Counter |
236.44 sq m |
(2,545 sq ft) |
SGURRENERGY
LIMITED (5) |
10 years from
26/05/2011 |
£12,000 |
25/05/2021 |
| 5 |
Ground |
Trade Counter |
236.44 sq m |
(2,545 sq ft) |
SANCTUARY SCOTLAND
HOUSING ASSOCIATION
LIMITED (6) |
5 years from
19/03/2015 (7) |
£12,878.25 |
18/03/2020 |
| Total |
|
1,173.19 sq m |
(12,628 sq ft) |
|
|
£62,651.50 |
|
(1) Parts Center, together with Plumb Center and Drain Center, trade from over 500 stores throughout the UK and are one of the leading suppliers of plumbing and heating products including central heating systems, bathrooms, showers, drainage and renewable technologies. For the year ending 31st July 2016, Wolseley UK Limited reported a turnover of £1,865,856,000, pre-tax profits of £-4,559,000 and a total net worth of £630,415,000 (Sources: www.plumbcenter.co.uk and Experian Group 21/09/2017).
(2) The original lease commenced on 1st November 1990 and was subsequently assigned to Wolseley UK Limited and then extended in 2015. The lease is subject to a tenant option to determine on 1st November 2018.
(3) Fly Functional Fitness operate as a personal training company, providing personal training and group exercise classes (Source: www.fly.fit 21/09/2017).
(4) Established over 20 years ago in Scotland, Affordable Golf is now one of the UK's leading online golf retailers (Source: www.affordablegolf.co.uk 21/09/2017).
(5) SgurrEnergy are part of Wood Group who work on oil platforms, factories, power stations, wind farms and refineries in 40 countries with around $5bn of global sales. For the year ending 31st December 2015, SgurrEnergy Limited reported a turnover of £16,672,000, pre-tax profits of £2,419,000 and a total net worth of £7,186,000 (Sources: www.woodgroup.com and Experian Group 21/09/2017).
(6) Sanctuary Scotland Housing Association are one of Scotland's leading housing associations with more than 6,500 homes and are a part of Sanctuary Group, one of the UK's leading social landlords (Source: www.sanctuary-scotland.co.uk 21/09/2017).
(7) The lease is subject to a tenant option to determine on 19th March 2018.
