OFFERS BASED ON £390,000 - Subject to Contract with the benefit of the leases in place
Tenant - Lavelle Bridal Couture Lease Term - 5 years from 19th August 2022
Current Passing Rent - £13,000 per annum, exclusive, from 19th August 2024 (currently £12,500 per annum)
Repairing Liabilities - Internal Repairing and Insuring
Landlord & Tenant Act 1954 - Held within the Act
15 Jury Street, Warwick
Tenant - ehB Residential Lettings (Warwick)
Lease Term - 5 Years from 9th September 2022
Current Passing Rent - £15,450 per annum, excl’ Repairing Liabilities - Internal Repairing and Insuring, contributing up to £500 per annum to the building service charge
Tenant Break – At the third anniversary
Landlord & Tenant Act 1954 - Held within the Act
Flats to Upper Floors
Flats 2, 5, 6, 7 and 8 are held subject to 99 year reversionary leases from 1st Jan 1980 at £50 pa (increases to £100 pa from 1st Jan 2046)
Flats 1, 3 and 4 have had lease extensions