Tenancy & Accommodation
| Unit |
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews |
| Unit 1 |
Ground |
Retail |
319.03 sq m |
(3,434 sq ft) |
WATERSTONES
BOOKSELLERS
LIMITED (1) |
10 years from
24/03/2017 until
23/03/2027 (2) |
£95,642 |
24/03/2022 |
| Unit 2 |
Ground |
Retail |
325.16 sq m |
(3,500 sq ft) |
SUPERDRUG
STORES PLC (3) |
10 years from
08/07/2016 until
07/07/2026 (4) |
£86,700 (5) |
08/07/2021 |
| Unit 3 |
Ground
Basement |
Store
Children’s
Play Centre |
23.50 sq m
213.68 sq m |
(253 sq ft)
(2,300 sq ft) |
MK CROUCH
END LIMITED
t/a My Gym (6) |
10 years from
21/02/2017 until
20/02/2027 |
£45,830 |
|
| Total |
881.37 sq m (7) |
(9,487 sq ft)(7) |
|
|
£228,172
rising to
£236,842
in 2021 |
|
(1) For the year ending 28 April 2018, Waterstones Booksellers Limited reported a turnover of £385,715,000, pre-tax profits of £19,984,000 and a total net worth of £17,405,000 (Source: Experian Group 25/04/2019).
(2) The lease provides an option to determine on 23/03/2022.
(3) For the year ending 30 December 2017, Superdrug Stores Plc reported a turnover of £1,241,783,000, pre-tax profits of £92,934,000 and a total net worth of £115,296,000 (Source: Experian Group 25/04/2019).
(4) The lease provides an option to determine on 08/07/2021.
(5) The lease proves a fixed rental increase to £95,370 p.a. on 23/02/2021.
(6) My Gym was set up 35 years ago to teach children in a fun, physically engaging environment. My Gym is an international corporation with more than 550 locations in over 30 countries and runs programmes, camps and parties for children (Source: www.mygym.com 25/04/2019)
(7) Please note the floor areas stated are from the floor plans attached to the occupations leases and provide approximate GIA areas.
