Tenancy & Accommodation
| Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Review/
(Reversion) |
| 1A |
Ground
First |
Retail
Ancillary |
129.32 sq m
67.82 sq m
|
(1,392 sq ft)
(730 sq ft)
|
SHOE ZONE LIMITED
t/a Shoe Zone (1) |
10 years from
17/07/2009 |
£52,500 |
17/07/2014
(16/07/2019) |
| 1B/1C |
Ground
First |
Retail
Ancillary |
105.17 sq m
100.71 sq m |
(1,132 sq ft)
(1,084 sq ft) |
ANGELPACE LTD
t/a ClarksShoes |
15 years less
3 days from
11/12/2002 |
£54,500 |
Holding Over (2) |
| 2/3 |
Ground
First |
Retail
Ancillary |
169.83 sq m
90.39 sq m |
(1,828 sq ft)
(973 sq ft) |
A G RETAIL CARDS
LIMITED t/a Clintons (3) |
Approximately
5 years and 6
months from
29/08/2012 |
£45,000 |
Holding Over (2) |
| 4 |
Ground
First |
Retail
Ancillary |
566.34 sq m
305.56 sq m |
(6,096 sq ft)
(3,289 sq ft) |
VACANT
POSSESSION |
- |
- |
- |
| 5A |
Ground
First |
Retail
Ancillary |
189.71 sq m
115.11 sq m |
(2,042 sq ft)
(1,239 sq ft) |
BONMARCHE
LIMITED
(4) t/a Bonmarché |
Approximately
6 years and 4
months from
22/11/2011 |
£52,500 |
Holding Over (2) |
| 5B |
Ground
First |
Retail
Ancillary |
86.59 sq m
110.09 sq m |
(932 sq ft)
(1,185 sq ft) |
VACANT
POSSESSION |
- |
- |
- |
| 6 |
Ground
First |
Retail
Ancillary |
75.81 sq m
33.72 sq m |
(816 sq ft)
(363 sq ft) |
WARREN JAMES
(JEWELLERS)
LIMITED (5)
t/a
Warren James |
15 years from
30/09/2004 |
£25,500 |
(29/09/2019) |
| 6A |
Ground
First |
Retail
Ancillary |
48.40 sq m |
(521 sq ft) |
VACANT
POSSESSION |
- |
- |
- |
| 7 |
Ground
First |
Retail
Ancillary |
67.26 sq m
40.88 sq m |
(724 sq ft)
(440 sq ft) |
TCCT RETAIL
LIMITED guaranteed
by Thomas Cook Group UK
Limited (6)
t/a Thomas Cook |
5 years from
16/02/2015 (7) |
£20,000 |
(16/02/2020) |
| 8 |
Ground
First |
Retail
Ancillary |
245.17 sq m
221.11 sq m |
(2,639 sq ft)
(2,380 sq ft) |
BURTON/DOROTHY
PERKINS
PROPERTIES LIMITED
(8)
t/a Dorothy Perkins |
5 years from
29/09/2014 (9) |
£40,000 |
(29/09/2019) |
Total
|
2,768.99 sq m |
(29,805 sq ft) |
|
|
£290,000 |
|
(1) For the year ending 1st October 2016, Shoe Zone Retail Limited (formerly Shoe Zone Limited) reported a turnover of £159,834,000, pretax profits of £10,410,000 and a total net worth of £30,145,000 (Source: Experian Group 24/04/2018). Shoe Zone operate from a portfolio of over 500 stores and employ approximately 3,750 employees across the UK and the Republic of Ireland (Source: shoezone.com 24/04/2018).
(2) The Vendor is in discussions with the tenant with regards to agreeing a new lease.
(3) Clintons was founded in 1968 and is a leading retailer of greeting cards, gifts and wrap. There are currently circa 360 stores all over the UK (Source: Clintonsretail.com 24/04/2018).
(4) For the year ending 1st March 2017, Bonmarché Limited reported a turnover of £190,068,000, pre-tax profits of £ 5,719,000 and a total net worth of £30,077,000 (Source: Experian Group 24/04//2018). Established in 1982, the Bonmarché business has more than 30 years of experience, operating out of 300+ stores across the UK (Source: Bonmarcheplc.com 24/04/2018).
(5) For the year ending 31st March 2017, Warren James (Jewellers) Limited reported a turnover of £117,201,000, pre-tax profits of £42,689,000 and a total net worth of £93,036,000 (Source: Experian Group 24/04/2018). Warren James is the UK’s largest independently owned jewellery chain with 225 shops (Source: warrenjames.co.uk 24/04/2018).
(6) For the year ending 30th September 2016, Thomas Cook Group UK Limited reported pre-tax profits of £200,000 and a total net worth of £893,200,000 (Source: Experian Group 24/04/2018). Founded 176 years ago, the Thomas Cook Group is the oldest and best known name in leisure travel with 22,000 employees worldwide (Source: thomascookgroup.com 24/04/2018).
(7) A tenant option to determine in February 2018 was NOT EXERCISED by the tenant.
(8) Dorothy Perkins and Burton form part of the Arcadia Group Ltd. Established more than 95 years ago, Dorothy Perkins now has around 400 UK stores and a growing global presence (Source: dorothyperkins.com 24/04/2018). Burton are one of the UK’s largest men's fashion retailers with over 400 stores in the UK and Ireland (Source: burton.co.uk 24/04/2018).
(9) A tenant option to determine in September 2017 was NOT EXERCISED by the tenant
