Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx sq m) |
Floor Areas (Approx sq ft) |
Tenant |
Term |
Rent p.a.x. |
Reversion |
| First Floor |
Office |
146.01 sq m |
(1,571 sq ft) |
SPECSAVERS OPTICAL SUPERSTORES LTD
(3) |
10 years from 24/08/2015 to 23/08/2025 |
£2,826.38 |
23/08/2025 |
| First floor |
Office |
228.92 sq m |
(2,646 sq ft) |
FEDCAP EMPLOYMENT SCOTLAND LTD
(4) |
5 years from 03/07/2015 to 02/07/2020 (1) |
£19,035.00 |
|
| Second floor |
Office - Development Opportunity |
494.75 sq m |
(5,110 sq ft) |
VACANT - Please see footnote (2) below |
- |
- |
|
| Total |
|
869.68 sq m |
(9,327 sq ft) |
|
|
£21,861.38 |
|
(1) The Lease was assigned to Fedcap Employment Scotland Limited from Working Links Employment Ltd (In Administration). The lease is currently running on tacit relocation and is subject to a rolling mutual break option, terminable by either party on not less than 3 months prior notice. Tenant has no liability for dilapidations or for alterations relating to the period prior to 1 March 2019 and a limited repair and dilapidations obligation which is subject to a photographic schedule of condition. There is a service charge cap of £2,000 per annum exc VAT relating to any costs applicable to the lift. Please see the legal pack for further information.
(2) There is a rates saving arrangement in place. Please see the legal pack for further information.
(3) For the year ending 28/02/2021 SPECSAVERS OPTICAL SUPERSTORES LTD reported a Turnover of £2,738,227,000, a Pre-Tax Profit of £441,528,000 and a Net Worth of £216,396,000. (NorthRow 07/03/2022)
(4) For the year ending 30/09/2020, FEDCAP EMPLOYMENT SCOTLAND LTD reported a Turnover of £3,557,837, a Pre-Tax Profit of negative £81,392 and a Net Worth of negative £106,388. (NorthRow 07/03/2022)
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