Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x |
Reviews/(Reversion) |
Ground
Basement
|
Retail
Store
|
97.3 sq m
48.5 sq m
|
(1,047 sq ft)
(522 sq ft)
|
CHELTENHAM &GLOUCESTER PLC(1)
|
10 years from
24/06/2011 (2) |
£30,750 |
24/06/2016
|
| Ground Basement |
Retail
Store
|
63.0 sq m
37.9 sq m
|
(678 sq ft)
(408 sq ft)
|
ASHLEY & PECKLIMITED (3)(sublet to SalmonInvestments Ltd)
|
10 years from
24/06/2006 |
£25,000 |
(24/06/2016)
|
First
Basement |
Offices (4)
Store
|
130.1 sq m
14.1 sq m
|
(1,400 sq ft)
(152 sq ft)
|
ADECCO UKLIMITED (5)
|
5 years from
24/06/2011 (6) |
£12,000 |
(24/06/2016)
|
| Second Floor |
Offices (7)
|
129.0 sq m
|
(1,389 sq ft)
|
VACANT (7)
|
|
|
|
| Totals |
|
519.9 sq m |
(5,596 sq ft) |
|
|
£67,750 |
|
(1) For the year ending 31st December 2009, Cheltenham & Gloucester plc reported a pre-tax profit of £75,500,000 and a total net worth of
£127,800,000. The parent company of Cheltenham & Gloucester plc is Lloyds TSB plc. (Source: www.riskdisk.com 07/06/2012)
(2) There is a tenant option to terminate the lease on 24th June 2016.
(3) Ashley & Peck Limited are an established Essex estate agency. The company won the National Award for best customer services in the
Estate Agency of the Year Awards. (www.ashleypeck.co.uk)
(4) The first floor has planning permission for conversion to residential accommodation.
(5) For the year ending 31st December 2010, Adecco UK Limited reported a turnover of £342,670,000 and a total net worth of £38,094,000.
(Source: www.riskdisk.com 07/06/2012)
(6) As to the first floor office lease there is a tenant option to terminate the lease on 24th June 2013 (subject to 6 months’ notice).
(7) The second floor has planning permission for conversion to residential accommodation.
