Tenancy & Accommodation
Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x. |
Review |
Unit A Ground Basement |
Bank Ancillary |
285 sq m 219 sq m
|
(3,067 sq ft) (2,357 sq ft)
|
BANK OF SCOTLAND PLC t/a Halifax (1) |
10 years from 16/09/2017 expiring 15/09/2027 |
£60,000 |
16/09/2022 |
Unit B Ground First |
Entrance Restaurant |
8 sq m 605 sq m
|
(86 sq ft) (6,512 sq ft)
|
107 (BLACKPOOL) LIMITED t/a The Chinese Buffet (2) |
10 years from 04/04/2014 extended to 03/04/2029 (3) |
£50,000 |
03/04/2024 |
Unit C Ground |
Retail |
315 sq m
|
(3,390 sq ft)
|
SAVERS HEALTH & BEAUTY LIMITED (4) |
10 years from 11/06/2019 on a lease expiring 10/06/2029 (5) |
£45,000 |
11/06/2022 |
Unit D Second |
Ancillary |
332 sq m
|
(3,573 sq ft)
|
VACANT |
|
|
|
Unit E Basement Third |
|
317 sq m 240 sq m
|
(3,412 sq ft) (2,583 sq ft)
|
VACANT VACANT |
|
|
|
Total |
|
2,321 sq m |
(24,983 sq ft) |
|
|
£155,000 |
|
(1) Bank of Scotland Plc is a wholly owned subsidiary of Lloyds Banking Group Plc, which operates from the high street fascias of Lloyds Bank, Halifax and Bank of Scotland. For the year ending 31st December 2018, Bank of Scotland reported no turnover, pre-tax profits of £2,231,000 and a total net worth of £11,175,000 (Source: Experian Group 27/09/2019).
(2) The Chinese Buffet is an expanding chain of restaurants across the North West and North East of England and elsewhere (Source: www.thechinesebuffet.com).
(3) Original lease expiring 2024 has been extended by way of a five year reversionary lease from 04/04/2024 expiring 03/04/2029.
(4) For the year ending 29th December 2018, Savers Health & Beauty Limited reported a turnover of £507,226,000, pre-tax profits of £103,814,000 and a total net worth of £3,938,000 (Source: Experian Group 27/09/2019).
(5) Tenant's option to determine 10/06/2024 upon 6 months' notice.