Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews |
| A |
Tyre Depot |
366.96 sq m |
(3,950 sq ft) |
KWIK-FIT PROPERTIES LIMITED (1)
|
25 years from 04/06/1999 until 03/06/2024
|
£40,000 |
04/06/2014
|
| B |
Trade Counter |
353.03 sq m |
(3,800 sq ft) |
WOLSELEY UK LIMITED (2) (t/a Plumb Center/Parts Center) |
15 years from 09/08/1999 until 08/08/2014 |
£28,500 |
(09/08/2014) |
| C |
Office |
264.77 sq m |
(2,850 sq ft) |
SAXON BRIDGE AUTOMOTIVE LTD (3) |
10 years from 12/08/2009 until 11/08/2019 (4) |
£24,000 |
(12/04/2014) |
| Totals |
987.76 sq m |
(10,600 sq ft) |
|
|
£92,500 |
|
(1) For the year ending 31st December 2009, Kwik-Fit Properties Limited reported a turnover of £70,000, pre-tax profits of £678,000 and a total net worth of £10,099,000. (Source: www.riskdisk.com 12/04/2011)
(2) Wolseley UK Ltd is a FTSE 100 company, the largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials to the professional market. They operate from 4,400 branches in 25 countries worldwide and have 47,000 employees. (Source: www.wolseley.com 12/04/2011).
(3) Established in 2005, Saxon Bridge is a Milton Keynes based family-run used car dealership and one of only two car dealerships in Milton Keynes that are Trading Standards approved. (Source: www.saxonbridge.com 12/04/2011)
(4) Under the terms of the lease, both the tenant and landlord have an option to determine the lease on the fifth anniversary of the term, subject to 6 months' notice.
