Address | Floor | Use | Sq M | Sq Ft | Tenant | Lease Terms | Rent (£pa) |
22 Coinage Hall Street | Ground | Retail Office/staff Store/WC's | 444.30 21.50 73.80 | 4,782 231 794 | Vacant | Vacant | Vacant |
Flat 1 | First | Residential | Not inspected | Individual | 999 years from 29/09/2002 | £250 | |
Flat 2 | First | Residential | Not inspected | Individual | 999 years from 29/09/2002 | £250 | |
Flat 3 | Second | Residential | Not inspected | Individual | 999 years from 29/09/2002 | £250 | |
Total | £750 |
The floor areas have been sourced from the VOA website
(1) We are advised that the 1996 Housing Act does not apply as the commercial floor area in greater than the residnetial element of the property.
(2) The Landlord had previously agreed Heads of Terms for a new tenancy to a not-for-profit banking hub company for a 10 year term at a rent of £23,250 per annum. Tenant to benefit from 12 months’ rent-free in lieu of fitting-out works paid as half rent over the first two years of the lease. Tenant option to determine on the 5th anniversary of the lease, subject to 6 months' written notice. These negotiations are ongoing.