| Tenancy: |
The
entire property is currently let on a wind and watertight
repair basis with restricted decorating liabilities
for a term expiring in December 2013 with a review
and mutual option to terminate in December 2010. The
current passing rent is £160,000 pax. The property
is let to Elite Forwarders Ltd who are in occupation.
Elite
Forwarders are freight forwarders specializing in
the textile industry who include in their client list
the majority of the high street fashion retailers.
In
2002 their turnover figure was £29,831,626 with
a gross profit of
£7,323, 952 and a net profit of £647,410.
In 2003 the turnover increased to £35,855,097
with a gross profit of £11,253,118 and net profit
of £2,446,821.
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