Tenancy & Accommodation
Floor |
Use |
Floor Areas Approx sq m |
Floor Areas Approx sq ft |
Tenant |
Term |
Rent p.a.x. |
Reversion |
Ground Lower Ground |
Retail Ancillary |
277.20 sq m 258.20 sq m |
(2,983 sq ft) (2,779 sq ft) |
SPORTSWIFT LIMITED t/a Card Factory (CRN 03493972) (1) (2) |
10 years from 29/09/2017 |
£103,000 (4) |
28/09//2027 |
First Second |
Dental Surgery Office |
91.70 sq m 96.80 sq m |
(987 sq ft) (1,041 sq ft) |
HSS & PKS DENTAL LIMITED (CRN 12958015) t/a City Dental Practice and Brooke Street with a Personal Guarantee |
15 years from 29/09/2017 until 2032 |
£11,850 |
28/09/2032 |
Total Approximate Floor Area |
|
723.90 sq m |
(7,790 sq ft) |
|
|
£114,850 (4) |
|
(1) For the year ending 31/01/2021 Sportswift Limited (CRN 03493972) reported a turnover of £265,024,000, a Pre-Tax Profit of negative £10,866,000 and a Net Worth of £36,831,000.
(2) As to the lease of the Retail Unit to Sportswift the lease has been recently re-geared to include the removal of the 2022 tenant option to determine the lease and a reduction of the rent from £100,000 p.a.x. to £80,000 p.a.x. The tenant has been in occupation since April 2013.
(3) As to the lease of the first and second floors the tenant has sublet the self contained second floor offices to Broad Street employment agency.
(4) As to the ground floor retail unit, the current rent reserved is £103,000 per annum exclusive. The rent reserved under the terms of the lease will be £80,000 per annum exclusive from 28/09/2022.