Tenancy & Accommodation
| Address |
Floor |
Use |
Floor Areas
Approx sq m (1) |
Floor Areas
Approx sq ft (1) |
Tenant |
Term |
Rent p.a.x. |
Rent Review
(Reversion) |
| 1 Forest Court |
Ground
First |
Office
Office |
78.22
82.10 |
(842)
(883) |
SECURITAS SECURITY SERVICES LIMITED (crn: 01146486) |
5 years from 01/09/2023 (2) |
£27,500 (2) |
(31/08/2028) |
| 2 Forest Court |
Ground
First |
Office
Office |
78.22
82.10 |
(842)
(883) |
10 DEGREES LIMITED (crn: 06863358) |
5 years from 26/01/2023 (3) |
£27,760 |
(25/01/2028) |
| 3 Forest Court |
Ground
First |
Office
Office |
77.70
101.40 |
(836)
(1,091) |
OHES ENVIRONMENTAL LIMITED (crn: 04320201) |
5 years from 31/05/2023 |
£32,100 |
(30/05/2028) |
| 4 Forest Court |
Ground and First |
Office |
141.00 |
(1,517) |
CENTURION PORTFOLIO MANAGERS LIMITED (crn: 06443313) |
10 years 24/08/2018 |
£24,000 |
23/08/2023
(23/08/2028) |
| 5 Forest Court |
Ground and First |
Office |
75.79 |
(816) |
THREE INDIVIDUALS |
999 years from 12/01/1996 |
Peppercorn |
(11/01/2995) |
| 6 Forest Court |
Ground
First |
Office
Office |
78.40
82.50 |
(844)
(888) |
AN INDIVIDUAL |
999 years from 27/11/1992 |
Peppercorn |
(26/11/2991) |
| 7 and 8 Forest Court |
Ground
First |
Office
Office |
147.90
154.30 |
(1,591)
(1,660) |
KBS ELECTRICAL & DATA SERVICES LIMITED (crn: 05184635) |
999 years from 22/12/1995 |
Peppercorn |
(21/12/2994) |
| Total Approximate Floor Area |
|
|
1,179.63 |
(12,693) |
|
|
£111,360 |
|
(1) The floor areas stated above are those published by the Valuation Office Agency (https://www.gov.uk/find-business-rates)
(2) As to 1 Forest Court, Securitas Security Services Limited (crn: 01146486) is a world-leading provider of integrated security solutions that protect, connect and optimise businesses of all types and sizes (www.securitas.uk). For the year ended 31/12/2022 Securitas Security Services Limited recorded a turnover of £258,413,070, a pre-tax profit of £7,511,405 and a net worth of £11,755,056 (Northrow 06/10/2023). The lease provides for a tenant option to determine the lease on 08/10/2026. The current rent reserved is £25,000 per annum exclusive, the lease provides for a fixed increase in rent to £27,500 per annum exclusive from 1st September 2026. The seller will pay the buyer the difference between £25,000 pax and £27,500 from completion of the sale until 1st September 2026. Therefore the property will provide £27,500 pax from completion of the sale.
(3) As to 2 Forest Court, 10 Degrees Limited (crn:06863358) design and build accessible, low-carbon custom digital products for enterprise organisations with complex technical needs (www.10degrees.uk). The lease provides for a tenant option to determine the lease on 26/01/2026
(4) As to 3 Forest Court, OHES Environmental Limited (crn: 04320201) is an environmental consultancy providing cost effective and timely solutions to the environmental challenges their clients face (www.ohes.co.uk). For the year ended 30/09/2022 OHES Environmental Limited recorded a turnover of £19,124,000, a pre-tax profit of £2,563,000 and a net worth of £13,683,000 (Northrow: 06/10/2023)
(5) As to 4 Forest Court, Centurian Portfolio Managers Limited (crn: 06443313) is an international wealth management and tax planning firm (www.centurionportfoliomanagers.com)
