Unit | Accommodation | Tenancy | Rent (£pa) |
50 Devonshire Road | Retail 175.95 sq m (1,894 sq ft) | Let to Sportswift Ltd t/a Card Factory for a term expiring 11/11/2024 (1) | £16,000 |
52 Devonshire Road | Retail 134.52 sq m (1,448 sq ft) | Let to indiividuals t/a Only Fish for a term of 5 years from 16/11/2023 (2) | £14,000 |
Flat 1 | Residential | 125 years (less 3 days) from 25/12/1984 | £40 |
Flat 2 | Residential | 125 years (less 3 days) from 25/12/1984 | £60 |
Flat 3 | Residential | 125 years (less 3 days) from 25/12/1984 | £40 |
Flat 4 | Residential | 125 years (less 3 days) from 25/12/1984 | £60 |
Flat 5 | Residential | 125 years (less 3 days) from 25/12/1984 | £40 |
Flat 6 | Residential | 215 years (less 3 days) from 25/12/1984 | Peppercorn |
Total | £30,225 |
(1) For the year ending 31/01/2023 the tenant reported a turnover of £446.13 million, a pre-tax profit of £62.12 million and shareholders' funds of £115.86 million
(2) There is a tenant only break clause on 16/11/2026
(3) The relevant Section 5b Housing Act notices have been served on the residential tenants who have not having exercised their right of first refusal.