Tenancy & Accommodation
| Floor |
Use |
Floor Areas
(Approx) |
Tenant |
Term |
Rent p.a.x |
Review |
Ground
Basement
First
Second |
Retail
Ancillary
Office
Office |
55.18 sq m (3)
42.92 sq m
42.55 sq m (3)
56.11 sq m |
(594 sq ft) (3
)(462 sq ft)
(458 sq ft) (3)
(604 sq ft)) |
BANK OF
SCOTLAND
PLC (1) part
sublet to
Gadgets4UK
Enterprises
Limited (2) |
25 years from
08/06/1999
until
07/06/2024 on
a full repairing
and insuringlease |
£96,000 |
08/06/2019(outstanding) |
Total
|
196.76 sq m (3) |
(2,118 sq ft) (3)) |
|
|
£96,000 |
|
(1) For the year ending 31st December 2018, Bank of Scotland Plc reported profit before tax of 2,231,000,000 and total assets of 343,926,000,000 (Source: Companies House 20/01/2020). Bank of Scotland is part of Lloyds Banking Group, the UKs leading financial services company that serves around 27 million customers. The group also has some of the most well known brands on the high street, including Lloyds Bank, Halifax and Scottish Widows (Source: www.lloydsbankinggroup.com 16/01/2020).
(2) The ground and basement floors have recently been sublet to Gadgets4UK Enterprises Limited t/a Fone World, for a term of years expiring 30/05/2024 at a passing rent of 80,000 p.a.x. A copy of the sub-lease is available in the legal pack.
(3) Under the terms of the rent review clause, it is assumed there is an internal staircase access between ground floor and basement and ground and first floors. As such 26 sq ft is deducted from the ground floor (Zone B) and 26 sq ft from the first floor for rent review purposes. Therefore the total area for rent review purposes is 191.93 sq m (2,066 sq ft).
