The property is let on assignment to Marks & Spencer plc on a 25-year lease from 28th February 2005, expiring on 27th February 2030 (5.25 years unexpired) on fully repairing and insuring terms. The tenant only break clause of February 2025 has been removed. The current passing rent is £153,020 per annum (£18.26 psf) and is to be reviewed on a 5 yearly basis to the greater of open market value or the rent compounded annually at 2.5%. The rent is topped up to the next fixed uplift in February 2025 of £173,128 per annum (£20.66 psf).