Address | Accommodation | Tenancy | Rent (PA) |
1-3 Cheapside | Ground floor retail 157.83 sq m (1,698 sq ft) First floor offices 157.50 sq m (1,694 sq ft) Second floor ancillary 180.20 sq m (1,939 sq ft) Third floor (not measured) Basement 185.80 sq m (2,000 sq ft) | Let to Five Guys Limited JV Limited for a term expiring 31/12/2025 (1) | £185,250 |
2-4 Silver Street | Ground floor retail 31.20 sq m (336 sq ft) | Let to Lien Vu t/a Miss Nails under a tenancy at will whilst a new lease is being negotiated (2) | £18,200 |
TOTAL | £203,450 |
(1) The tenant trades from over 110 branches in the UK and for the year ending 31/12/2019 reported a turnover of £175,227,916, a pre-tax profit of £696,257 and Shareholders’ funds of
(£34,641,480) – (Source: Companies House)
(2) A new 5 year lease has been proposed on the same terms. (Refer to the legal pack)
The auctioneers have not measured the property. All areas have been obtained from www.tax.service.gov.uk
Note: The above is a street traders plan for identification purposes only. Please refer to the legal pack for the correct title boundaries