Accommodation And Tenancy
Schedule
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approximate areas:
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view the tenancy schedule
Description
The
subject property comprises three adjoining mid-terraced retail
units, all arranged over ground and two upper floor levels. Each
property has open and clear retail space at ground floor level. In
addition, number 262 (Trespass) trades from the majority of their
1st floor, with the remainder of the 1st and 2nd floor used as
storage; number 264 (WH Smiths) use their 1st floor for ancillary
storage and staff use, with the 2nd floor unused; and number 266
(Greggs shortly to fit out) will trade from ground and use the 1st
floor as ancillary and storage space. As with WH Smiths next door
the 2nd floor is unused.
Covenant Information
WH Smiths Plc
| D&B Rating - 5A1 |
31 Aug 2010 (£000's)
|
31 Aug 2009 (£000's)
|
31 Aug 2008 (£000's)
|
| Sales Turnover |
186,480 |
188,787 |
- |
| Profit/(Loss) Before Tax |
(30,507) |
45,578 |
(2,971) |
| Tangible Net Worth |
526,531 |
563,822 |
513,839 |
| Net Current Assets (Liabilities) |
(113,850) |
(94,739) |
(4,883) |
Greggs Plc
|
D&B Rating - 5A1
|
01 Jan 2011 (£000's)
|
02 Jan 2010 (£000's)
|
27 Dec 2009 (£000's)
|
| Sales Turnover |
662,326 |
658,186 |
628,198 |
| Profit/(Loss) Before Tax |
52,523 |
48,779 |
49,470 |
| Tangible Net Worth |
184,233 |
172,488 |
155,482 |
| Net Current Assets (Liabilities) |
(19,564) |
(13,741) |
(34,658)
|
Trespass Europe Ltd
|
D&B Rating - D3
|
30 Jun 2010
|
30 Jun 2009
|
30 Jun 2008
|
| Tangible Net Worth |
96,452 |
68,898 |
(5,987) |
| Net Current Assets (Liabilities) |
219,310 |
68,898 |
(5,987) |
Tenure
We
understand the properties are held freehold.
Planning
We
understand the current use on all three retail units falls within
class A1 of the Town and Country Planning (Use Classes) order 1987
(as originally enacted). We do not believe that any of the
properties are listed but understand they are within the Bangor
Conservation area.
Interested parties should make their
own enquiries, Gwynedd Council (Planning 01766 771000).