Tenancy & Accommodation
| Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Review/
(Reversion) |
| 1 |
Ground |
Retail
|
26.98 sq m |
(290 sq ft) |
PHOTOGRAPHIC
RETAIL 2008 LTD
t/a Max Spielmann |
10 years from
09/08/2012 |
£11,000 |
(08/08/2022) |
| 2 |
Ground
First |
Retail
Ancillary |
166.2 sq m
131.99 sq m |
(1,789 sq ft)
(1,421 sq ft)
|
SANTANDER UK
PLC (1) |
8 years from
10/08/2012 |
£47,500 |
(25/12/2020) |
| 3 |
Ground
First |
Retail
Ancillary |
105.1 sq m
54.5 sq m |
(1,131 sq ft)
(587 sq ft) |
SALLY SALON
SERVICES LTD (2) |
10 years from
11/04/2012 |
£29,500 |
(10/04/2022) |
| 4 and part 5 |
Ground
First |
Retail
Ancillary |
131.3 sq m
135.6 sq m |
(1,413 sq ft)
(1,460 sq ft)
|
INDIVIDUALS
t/a AJ’s Cardstop |
5 years from
01/02/2017 (3) |
£22,000 |
(31/01/2022) |
| 5 |
Ground
|
Retail
|
62.9 sq m |
(677 sq ft) |
VACANT
POSSESSION |
|
|
|
| 6A |
Ground
|
Retail
|
81.45 sq m |
(877 sq ft) |
CLAIRE’S
ACCESSORIES UK
LTD |
2 years from
11/10/2016
(12) |
Nil |
(10/10/2018) |
| 7 |
Ground
First |
Retail
Ancillary |
80.47 sq m
79.3 sq m |
(866 sq ft)
(854 sq ft) |
TUI UK RETAIL
LIMITED (4) |
5 years from
02/08/2017 (5) |
£12,000 |
(01/08/2022) |
| 8 |
Ground
First |
Retail
Ancillary |
72.5 sq m
37 sq m |
(780 sq ft)
(398 sq ft) |
VACANT
POSSESSION |
|
|
|
| 9 |
Ground
First |
Retail
Ancillary |
89 sq m
46.2 sq m |
(958 sq ft)
(497 sq ft) |
VACANT
POSSESSION |
|
|
|
| 10 |
Ground
First |
Retail
Ancillary |
91.1 sq m
44.1 sq m |
(981 sq ft)
(475 sq ft) |
VACANT
POSSESSION |
|
Nil |
(31/05/2018) |
| 11 |
Ground
First |
Retail
Ancillary |
98.8 sq m
38.1 sq m |
(1,064 sq ft)
(410 sq ft)
|
ROMAN
ORIGINALS PLC
(6) |
2 years from
05/02/2018 (7) |
£15,000 |
(04/02/2020) |
| 12 and 18A |
Ground
First |
Retail
Ancillary |
217.3 sq m
87.9 sq m |
(2,339 sq ft)
(946 sq ft)
|
BONMARCHE LTD
(8) |
5 years from
24/06/2015 |
£35,000 |
(23/06/2020) |
| 13B |
Ground
|
Retail
|
21.9 sq m |
(236 sq ft) |
PREMIER SHOE
REPAIRS LTD |
15 years from
17/05/2013 |
£12,500 |
17/05/2018
and 2023
(16/05/2028) |
| 14 |
Ground
First |
Retail
Ancillary |
228.3 sq m
100.3 sq m |
(2,457 sq ft)
(1,080 sq ft)
|
VACANT
POSSESSION |
|
|
|
| 15/16 |
Ground
First |
Retail
Ancillary |
268.09 sq m
198.1 sq m |
(2,886 sq ft)
(2,132 sq ft) |
CAVERSHAM
TRADING LTD
t/a BrightHouse |
10 years from
30/09/2008
(13) |
£45,000 |
29/09/2018 |
| 17 |
Ground
First |
Retail
Ancillary |
249 sq m
251.2 sq m |
(2,680 sq ft)
(2,704 sq ft) |
GR AND MM
BLACKLEDGE PLC
t/a Bodycare |
1 year from
25/06/2018 (9) |
£5,000 |
(24/06/2019) |
| 18B and Coffee Shop |
Ground
First |
Retail
Ancillary |
191.34 sq m
16.9 sq m |
(2,060 sq ft)
(182 sq ft) |
CAFE PACIFICO
KIDDERMINSTER
LTD |
10 years from
01/02/2013 |
£20,000 |
(31/08/2023) |
| A (4 Vicar St) |
Ground
|
Retail
|
82.4 sq m |
(887 sq ft) |
VACANT
POSSESSION |
|
|
|
| B (5 Vicar St) |
Ground
|
Retail
|
139 sq m |
(1,496 sq ft) |
INDIVIDUALS
t/a Chapman & M |
10 years from
07/03/2013 |
£50,000 |
(07/03/2023) |
| C (6 Vicar St) |
Ground
First |
Retail
Ancillary |
87 sq m
21 sq m |
(936 sq ft)
(226 sq ft) |
WARREN JAMES
(JEWELLERS) LTD
(10) |
10 years from
04/09/2017
(11) |
£32,500 |
05/09/2022
(03/09/2027) |
| D (7 Vicar St) |
Ground
|
Retail
|
103.45 sq m |
(1,114 sq ft) |
VACANT
POSSESSION |
|
|
|
Total
|
|
|
3,835.77 sq m |
(41,289 sq ft) |
|
|
£337,000 |
|
(1) For the year ending 31st December 2017, Santander UK Ltd reported a turnover of £1,222,000,000, pre-tax profits of £1,817,000,000 and a total net worth of £14,311,000,000 (Source: Experian Group 07/09/2018).
(2) For the year ending 30th September 2017, Sally Salon Services Limited reported a turnover of £151,160,000, pre-tax profits of £4,790,000 and a total net worth of £41,906,000 (Source: Experian Group 07/09/2018).
(3) As to units 4 and part 5, the lease provides for an annual mutual option to determine.
(4) For the year ending 30th September 2017, TUI UK Retail Limited reported a turnover of £201,000,000, pre-tax profits of £1,000,000 and a total net worth of £191,000,000 (Source: Experian Group 07/09/2018).
(5) As to unit 7, the lease provides for a tenant option to determine the lease on 02/08/2020.
(6) For the year ending 30th December 2017, Roman Originals Plc reported a turnover of £65,611,527, pre-tax profits of £3,866,952 and a total net worth of £13,094,670 (Source: Experian Group 07/09/2018).
(7) As to unit 11, the lease provides for a mutual option to determine on 04/02/2019.
(8) For the year ending 1st April 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 07/09/2018).
(9) As to unit 17, the lease provides for a mutual rolling option to determine on 3 months’ notice.
(10) 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 07/09/2018).
(11) As to unit C, the lease provides for a tenant option to determine the lease on 04/09/2022.
(12) As to unit 6a, the tenant has offered to renew the lease for a term of 2 years from 11th October 2018 at a nil rent with the tenant to pay the business rates.The lease is proposed to be outside the security of tenure provisions of the Landlord and Tenant Act 1954.
(13) As to unit 15/16, the tenant has served a section 26 notice and is in discussions with the seller for a new tenancy.
