Unit | Tenant | June rent | July rent | August rent | September rent | October rent | Potential contracted monthly rent | Potential contracted rent PA | Tenancy /Lease start date | Tenancy /Lease end date |
1 | Private to individual on AST | £2,500 | £2,500 | £2,500 | £2,500 | £2,500 | £2,500 | £30,000 | November 2021 | November 2022 (1) |
2 | Independent Housing UK Ltd | £4,800 | £5,760 | £1,920 | £3,600 | £2,880 | £6,420 (2) | £74,880 (2) | 19/10/2020 | 19/10/2025 (3) |
3 | Independent Housing UK Ltd | £5,760 | £9,600 | £6,720 | £5,382.86 | £4,800 | £6,240 (2) | £74,880 (2) | 19/10/2020 | 19/10/2025 (3) |
(1) We understand that Vacant Possession is being persued. The property will be sold subject to any tenancies that may or may not exist upon completion.
(2) The maximum potential rent is based on £240 per tenant per week, payable monthly in arrears in respect of the actual occupational status of the previous month. Both unit 2 & 3 have capacity for 6 tenants.
(3) Please refer to the legal pack for copies of the AST / leases (including mutual break clauses).
We have been provided the historic rent by the Receivers which have been given in good faith, however, the Receivers act without personal liability