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| Address | Floor | Sq.M | Sq.Ft | Tenant | Lease Terms | Current Rent (£pa) |
|---|---|---|---|---|---|---|
| Kitchen House, 1A Brogden Street | Basement Ground First Second |
228.54 75.02 301.04 216.25 |
2,460 807 3,240 2,328 |
Let to J & J Ormerod plc t/a Rossendale Interiors (1) (2) (3) | 10 years from 24/2/2025 | £62,500 |
| Unit 1, 36/38 Market Street | Basement Ground |
31.49 141.31 |
339 1,521 |
|||
| Unit 2, 40/44 Market Street | Ground | 86.96 | 936 | |||
| TOTAL | 1,080.61 | 11,632 | £62,500 |
The floor areas have been taken from the VOA website.
(1) The tenants accounts for the year ending 29/02/2025 show net assets of £17.14m.
(2) Unit 1, 36/38 Market Street has been sub-let to Red & Racz Ltd (t/a Costa Coffee) at a rent of £20,125 per annum for a term of 10 years expiring 23rd February 2035 with a 5 year rent review. For further information visit www.costa.co.uk
(3) Unit 2, 40/44 Market Street has been sub-let to Guerilla Trading (t/a Working Class Heroes) at a rent of £10,000 per annum until February 2028. For further information visit www.workingclassheroes.co.uk
Kitchen House, 1A Brogden Street – Rating D
Unit 1, 36/38 Market Street – Rating B
Unit 2, 40/44 Market Street – Rating C
We understand VAT is not applicable
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