Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews (Reversions) |
Ground
Basement
First
Second
Third
Fourth |
Entrance foyer, Auditorium & Bar
Storage
Balcony, Offices & Dressing Rooms
Offices/Storage
Offices/Storage
Plant Rooms |
904.08 sq m
Not Measured
261.41 sq m
38.04 sq m
54.67 sq m
Not Measured |
(9,732 sq ft)
Not Measured
(2,814 sq ft)
(409 sq ft)
(588 sq ft)
Not Measured |
VACANT POSSESSION |
|
|
|
| Roof |
Telecom Mast |
|
|
O2 (UK) LIMITED (1) |
15 years from 09/08/2003 |
£15,523.99 |
09/08/2013
(08/08/2018) (2) |
| Roof |
Telecom Mast |
|
|
ORANGE PERSONAL
COMMUNICATIONS SERVICES LTD (3) |
20 years from 01/07/2002 (4) |
£11,765.04 |
01/07/2012 and five yearly (30/06/2022) (2) |
| Roof |
Telecom Mast |
|
|
T MOBILE (UK) LTD (5) |
20 years from 04/03/2003 (6) |
£11,790.30 |
04/03/2013 and five yearly (04/03/2023) (2) |
Elevations
|
2 Advertising Hoardings
|
|
|
CITY OUTDOOR LIMITED
|
3 years from 01/11/2009 (7) |
£12,000 |
(30/10/2012)
|
| Totals |
|
1,258.20 sq m |
(13,543 sq ft) |
|
|
£51,079.33 |
|
(1) Telefonica SA is the ultimate holding company of O2 (UK) Limited. The company acquired O2 in the UK, Germany and Ireland in 2006. Telefonica is one of the world's leading integrated operators in the telecommunication sector and operates in 25 countries. As of March 2011, Telefonica's total number of customers amounted to 290.5 million. The Group stands in fifth position in the sector Telco worldwide in terms of market capitalisation and is a 100% private company with more than 1.5 million direct shareholders. (Source: www.telefonica.com 10/06/2011)
(2) The rent is subject to five yearly fixed increases to the Retail Price Index.
(3) Orange is the key brand of France Telecom, one of the world's leading telecommunications operators. At the end of 2010, France Telecom had sales of 45.503 billion euros (11.228 billion euros at March 31, 2011). At 31st March 2011, the Group had a total customer base of almost 216 million customers. Orange is one of the main European operators for mobile and broadband internet services and, under the brand Orange Business Services, is one of the world leaders in providing telecommunication services to multinational companies. (Source: www.orange.com 08/06/2011)
(4) There is a tenant option to break subject to 6 months' prior written notice if the premises are deemed no longer suitable.
(5) T Mobile (UK) Ltd is a subsidiary of T-Mobile Holdings Limited. On 1st July 2010, T-Mobile UK became part of Everything Everywhere Limited - the company formed through the merger of T-Mobile UK and Orange UK. Owned jointly by Deutsche Telekom and France Telecom, Everything Everywhere Limited is the UK's biggest communications company, with a combined customer base of almost 28 million people and more than 720 retail stores across the country. (Source: www.t-mobile.co.uk 10/06/2011)
(6) There is a tenant option to break at any time after the tenth anniversary of the term, subject to 12 months' prior written notice if the premises are deemed no longer suitable.
(7) Please note that the billboards are let on a licence.
