ACCOMMODATION | SQ M | SQ FT | TENANCY | RENT |
Ground floor retail unit | 93.88 sq m | 1,010 sq ft | JG Foods Ltd T/A Grape Tree for 10 years expiring 31/05/2027 | £32,500 pa |
ITZA | 659 | 61.22 |
Areas have been provided by the vendor.
TENANT INFORMATION/COVENANT
JG Foods Limited (Company No 08178714) International Score – A – Very Low Risk Credit Safe Risk Score – 86/100 Which is up from a previous score of 73/100. The score puts the company in the top 25% of over 6,000 companies sampled in similar industry. JG Foods Limited Trades as Grape Tree. The company was founded by Nick Shutts and Nigel Morris who had previously built Julian Graves. The company was founded in 2012 and now has in excess of 100 stores throughout the UK and a successful online business. A summary of their last three years accounts are set out below:
YEAR END | 31/12/2022 | 31/12/2021 | 31/12/2020 |
Turnover | £38,299,850 | £34,162,537 | £31,645,527 |
Pre-tax profit | £1,587,993 | £1,407,421 | £1,011,311 |
Shareholders funds | £5,929,926 | £4,709,759 | £3,702,338 |
Above information has been supplied by the vendor.