Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Hectares |
Acres |
Tenant |
Term |
Rent p.a.x |
Reviews |
| 6 |
Workshop,
Office and Storage |
498.50 sq m
|
(5,366 sq ft) |
0.4
|
1 |
WATKISS AUTOMATION LIMITED (2)(3) |
99 years from 29/09/1978 until 2077 on a full repairing and insuring lease |
£19,000 |
29.09.2018
and 10 yearly thereafter (4) |
| Totals |
|
498.50 sq m |
|
0.4 |
1 |
|
|
£19,000 |
|
(1) The lease refers to the acreage as '1 acre or thereabouts'. (2) Watkiss Automation Ltd is an award winning business that has been designing, manufacturing and supplying collating and print finishing equipment for over 30 years. The result is innovative and practical product design, a total commitment to build quality and a worldwide support network of factory trained staff. So far they have installed over 15,000 Watkiss machines in more than 80 countries. (Source: www.watkiss.com 07/06/2010) For the year ending 28th February 2009, Watkiss Automation Ltd reported a turnover of 7,145,000, pre-tax profits of 503,000 and a net worth of 1,759,000. (Source: www.riskdisk.com 07/06/2010) (3) The tenant also occupies another unit on the estate. (4) Various ground rent reviews and renewals have recently been settled on this estate. For further information please refer to the Auctioneers.
