The property is available freehold subject to the below mentioned tenancies.
The ground floor is let to NHS Property Services Limited on an effective FR&I Lease for a term of 10 years from 22nd February 2017. The Lease contains no further break clauses or rent reviews and the passing rent is £52,200 Per Annum exclusive.
The first floor is let to Bluecrest Health Screening Limited on an effective FR&I Lease for a term of 10 years from 28th April 2017. The Lease contains no further break clauses or rent reviews and the passing rent is £63,600 Per Annum exclusive.
The second floor is let to Smartestenergy Business Limited (guaranteed by Smartestenergy Ltd) on an effective FR&I Lease for a term of 10 years from 25th November 2022. There is a Tenant only break clause and an upward only rent review due 25th November 2027. The passing rent is £71,550 Per Annum exclusive.
The third floor is let to Smartestenergy Business Limited (guaranteed by Smartestenergy Ltd) on an effective FR&I Lease for a term of 10 years from 25th November 2022. There is a Tenant only break clause and an upward only rent review due 25th November 2027. The passing rent is £71,550 Per Annum exclusive.
The total current income from the building is £258,900 Per Annum exclusive.