Tenancy & Accommodation
| Unit |
Use |
Gross Internal Floor Areas
(Approx) |
Tenant |
Term |
Rent p.a.x |
Review/(Reversion) |
| A |
Retail |
989.48 sq m |
(10,651 sq ft) |
GLENEARN FLOORING
OF PERTH LIMITED
(1) |
10 years from
14/06/2016 (2) |
£64,000 |
14/06/2021
(13/06/2026) |
| B |
Retail |
322.55 sq m |
(3,472 sq ft) |
BATHSTORE.COM
LIMITED (3) |
25 years from
20/03/2000 (3) |
£46,000 |
30/03/2020
(19/03/2025) |
| B1 |
Trade Counter/
Industrial |
421.58 sq m |
(4,538 sq ft) |
VACANT |
- |
- |
- |
| C |
Trade Counter/
Industrial |
392.41 sq m |
(4,224 sq ft) |
D + G AUTOCARE
LIMITED (4) |
10 years from
01/03/2015 |
£25,000 rising to £28,000
in March 2020 |
(28/02/2025) |
| D |
Storage/Ancillary |
82.68 sq m |
(890 sq ft) |
EVEN KEEL CONTRACTS LIMITED |
5 years from 26/10/2017
(5) |
£4,000 |
(25/10/2022) |
| E |
Gym |
243.03 sq m |
(2,616 sq ft) |
EVEN KEEL LIMITED
t/a Curves (6) |
5 years from 16/10/2017 |
£9,000 |
(15/10/2022) |
| Yard |
Car wash |
- |
(-) |
SOAPER STARS (PERTH)
LIMITED (7)
with a guarantee from
Perthshire Glazing Co
Limited |
5 years from 05/01/2015 |
£13,333.33
rising to
£14,583.33 in
January 2019 |
(04/01/2020) |
Total
|
2,451.72 sq m |
(26,391 sq ft) |
|
|
£161,333.33 |
|
(1) Founded in 1995, Glenearn Flooring is East Scotland’s largest independent flooring store (Source: www.glenearn.co.uk 18/04/2018). Glenearn Flooring have occupied this unit for over 20 years and have recently refitted.
(2) The lease is subject to a tenant option to determine on 14th June 2021. If the tenant does not exercise the break option, then a 3 month rent free period will be granted from 14/06/2021.
(3) Bathstore are the largest specialist bathroom retailer in the UK, operating from 164 stores nationwide (Source: www.bathstore.com 18/04/2018). This unit has been recently refitted. Whilst the property was originally let for a term of 10 years from 20th March 2000, the tenant extended their lease in 2011 and in 2017. The tenant has therefore been in occupation on this site for 18 years.
(4) D + G Autocare specialise in MOTs, tyres, exhausts and brakes and trades from 15 garages across central Scotland (Source: www.dandgautocare.co.uk 18/04/2018). The tenant has been in occupation on this site for 10 years having moved from a smaller site within the park.
(5) The lease is subject to a tenant option to determine on 26/04/2020.
(6) Curves operate franchises in countries including UK, Spain, France, Belgium, Ireland and Switzerland. They provide more than 4,500 fitness clubs and are present in 76 countries (Source: www.curves.com 18/04/2018).
(7) Soaper Stars trade from another site in Perth. A rent deposit of £3,000 is held by the Vendor and the lease is subject to a guarantor.
