Tenancy & Accommodation
Floor |
Use |
Floor Areas sq m |
Floor Areas sq ft |
Tenant |
Term |
Rent p.a.x. |
Reviews / (Reversions) |
Ground (George Street) |
Retail |
68.10 |
(733) |
CHINESE LAUNDRY (HULL) LTD (CRN: 05241224) (1) |
10 years from 25/03/2011 (1) |
£10,500 |
(24/ 03/2021) Holding Over (1) |
Ground Floor (Savile Street) |
Retail |
277.90 |
(2,991) |
SCOPE (CRN: 00520866) (2) |
10 years from 16/12/2013 |
£27,000 |
(15/12/2023) |
Ground Floor (Dock Street) |
Retail |
216.30 |
(2,328) |
ESCAPESPACE LTD (CRN: SC487991) |
5 years from 25/03/2021 |
£15,000 |
(31/07/2026) |
First Second |
Office |
1,142.60 |
(12,299) |
HULL SAVILE STREET CENTRE LTD (CRN: 09082235) t/a Regus (4) |
10 years from 16/11/2015 |
£56,702 plus Turnover rent.(4) |
(15/02/2026) |
Third |
Office |
579.50 |
(6,238) |
THE HUMBERSIDE, LINCOLNSHIRE AND NORTH YORKSHIRE COMMUNITY REHABILITATION COMPANY LIMITED (CRN: 08802522) |
5 years from 01/02/2022 (5) |
£47,250 |
(31/01/2027) |
4th Floor (A) |
Office |
135.10 |
(1,454) |
NEWCROSS HEALTHCARE SOLUTIONS LTD (CRN: 03184321) (6) |
1 year from 16/02/2023 |
£13,000 |
(15/02/2024) |
4th Floor (B) |
Office |
318.6 |
(3,429) |
HEADROW PROPERTY MANAGEMENT LIMITED (CRN: 08755355) |
3 year from 01/06/2021 |
£15,000 |
(31/05/2024) |
Total Approximate Floor Area |
|
2,738.10 |
(29,472) |
|
|
£184,452. |
|
(1) As to the Retail Unit on George Street, Chinese Laundry (Hull) Limited (CRN: 05241224) were incorporated in 2004 and have occupied the property since 2004. The Seller is holding a rent deposit of £2,500 is held from the tenant. Terms have been agreed for a new 3 year lease at £10,500 per annum exclusive but not yet documented.
(2) Scope (CRN: 00520866) is a leading disability equality charity in England and Wales, with 190 shops nationwide providing volunteering opportunities for over 4,000 people (www.scope.org.uk)
(3) As to the Retail unit on Dock Street , the Seller is holding a rent deposit of £4,500 and the lease provides for a Service Charge Cap of £2000 + retail price index for 5 years.
(4) As to the 1st and 2nd floor, Regus (CRN: 09082235) is the leading global provider of flexible office solutions with 3,000 business centres across 120 countries (www.regus.com). The lease is outside of the Security of Tenure provisions of the Landlord & Tenant Act 1954 and is subject to a service charge cap of £65,090 plus CPI. The lease is also subject to an addition Turnover rent. See lease for details.
(5) As to 3rd floor, the lease provides for a tenants option to determine the lease on 01/02/2025 and is outside the Security of Tenure provisions of the Landlord and Tenant Act 1954
(6) As to the 4th floor (A), Newcross Healthcare (CRN: 03184321) is an independent organisation that provides highly trained nurses, care assistants and support workers to help care for those in need. The company currently has 20,000 nurses and carers across the UK. (www.newcrosshealthcare.com). The lease is excluded from the Security of Tenure provisions of the Landlord & Tenant Act 1954 and provides for the service charge to be capped at £6,196 plus rpi.