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Carnaby Street (Reporting) Beta M'App - Coggle Diagram
Carnaby Street (Reporting) Beta M'App
1. Office Holdings
1. Parties and Property
2. Premises
[2. Ground and Basement, 16 Carnaby Street]
1. Internal/non-structural demise
[1. The actual leasing M'App sets out all of the elements of this]
1. Parties
2. Original Tenant
1. Office Holdings Limited
[1. Registered office: Classic House, Martha's Buildings, 180 Old Street London EC1V 9BP]
[2. Company number: 01764341]
1. Original Landlord
[Shaftesbury Carnaby PLC]
3. Tenant's Guarantor
[None]
4. Tenant's Trading Name
["Office"]
5. Freehold or Superior Lease
[Superior Lease]
2. Financial
4. Rent review
[1. Fixed increase to £535,000 per annum on 29.09.2023]
6. Other costs
[Not reported on in this beta version]
5. Interest
[Not reported on in this beta version]
1. Rent
1. Rent level
[1. £520,000 per annum]
[2. Rising to £535,000 per annum on 29.09.2023]
2. Rent free
[No rent free due to previous arrears]
3. Deductions from rent
2. Allowable deductions
[1. Any deductions required by law]
[2. Specify any other allowable deductions in notes]
1. No allowable deductions
[1. No legal deductions]
[2. No equitable deductions]
[3. No set-off]
[4. No counter-claims]
4. When is the rent paid
[Monthly in advance]
3. Security for the rent
[None]
2. Inducements
[None]
7. Turnover rent
[None]
3. Term
2. Ex-Act or protected
[Ex-Act]
1. Length of term
[1. 29.09.2021 to 28.09.2026]
4. User
[Retail sale of shoes]
2. Ksubi
1. Parties and Property
2. Premises
[2. Ground and Basement, 10 Carnaby Street]
1. Internal/non-structural demise
[1. The actual leasing M'App sets out all of the elements of this]
1. Parties
2. Original Tenant
1. Ksubi UK Limited
[1. Registered office: 22 Mount Ephraim, Tunbridge Wells, Kent TN4 8AS]
[2. Company number: 13857515]
1. Original Landlord
[Shaftesbury Carnaby PLC]
3. Tenant's Guarantor
[None]
4. Tenant's Trading Name
["Ksubi"]
5. Freehold or Superior Lease
[Superior Lease]
2. Financial
4. Rent review
[1. 24.06.2027. There is no fixed hypothetical term]
6. Other costs
[Not reported on in this beta version]
5. Interest
[Not reported on in this beta version]
1. Rent
1. Rent level
[£350,000 per annum]
2. Rent free
[6 months]
3. Deductions from rent
1. No allowable deductions
[1. No legal deductions]
[2. No equitable deductions]
[3. No set-off]
[4. No counter-claims]
2. Allowable deductions
[1. Any deductions required by law]
[2. Specify any other allowable deductions in notes]
4. When is the rent paid
[Monthly in advance]
3. Security for the rent
[None]
2. Inducements
[6 months rent free]
7. Turnover rent
[None]
3. Term
2. Ex-Act or protected
[Ex-Act]
1. Length of term
[1. 06.06.2022 to 23.06.2032]
3. Landlord break
[1. Yes; 23.06.2027]
4. Tenant breaks
[1. Yes on 23.06.2025 and 23.06.2027]
[2. No break penalties]
4. User
[Retail sale of high class denim goods under the Ksubi label]
3. Diesel
1. Parties and Property
2. Premises
[2. Ground and Basement, 25 Carnaby Street]
1. Internal/non-structural demise
[1. The actual leasing M'App sets out all of the elements of this]
1. Parties
2. Original Tenant
1. Diesel (London) Limited
[1. Registered office: 1st Floor, 4-26 Britannia London WC1X 9JD]
[2. Company number: 03005257]
1. Original Landlord
[Shaftesbury Carnaby PLC]
3. Tenant's Guarantor
[None]
4. Tenant's Trading Name
["Diesel"]
5. Freehold or Superior Lease
[Freehold]
2. Financial
4. Rent review
[None]
6. Other costs
[Not reported on in this beta version]
5. Interest
[Not reported on in this beta version]
1. Rent
1. Rent level
[£130,000 per annum]
2. Rent free
[No rent free, but it was a stepped rent rising from £65,000 per annum]
3. Deductions from rent
1. No allowable deductions
[1. No legal deductions]
[2. No equitable deductions]
[3. No set-off]
[4. No counter-claims]
2. Allowable deductions
[1. Any deductions required by law]
[2. Specify any other allowable deductions in notes]
4. When is the rent paid
[Monthly in advance]
3. Security for the rent
[None]
2. Inducements
[None]
7. Turnover rent
[None]
3. Term
2. Ex-Act or protected
[Ex-Act]
1. Length of term
[1. 29.09.2022 to 28.09.2027]
3. Break clauses?
[None]
4. User
[1. Retail sale of high class and fashionable men's and ladieswear]
[2. Ancillary Diesel accessories allowed if they do not exceed 50% of the sales area]
5. Unusual clauses
[Must be assigned with adjoining property (at 5/6 Lowndes Court and 3/4 Marlborough Court)]
4. Birkenstock
1. Parties and Property
2. Premises
[2. Basement, Ground and First Floor, 42 Carnaby Street]
1. Internal/non-structural demise
[1. The actual leasing M'App sets out all of the elements of this]
1. Parties
2. Original Tenant
1. Birkenstock UK Limited
[1. Registered office: 1st Floor 99 New Bond Street, London W1S 1SW]
[2. Company number: 09914603]
1. Original Landlord
[Shaftesbury AV Limited]
3. Tenant's Guarantor
[None]
4. Tenant's Trading Name
["Birkenstock"]
5. Freehold or Superior Lease
[Freehold]
3. Rights granted
[1. Unusual right to retain and replace air-conditioning units at first floor]
[2. Subject to Landlord's right to lift and shift on two months' notice]
2. Financial
4. Rent review
[1. £535,000 per annum on 29.09.2023]
6. Other costs
[Not reported on in this beta version]
5. Interest
[Not reported on in this beta version]
1. Rent
1. Rent level
[£270,000 per annum]
2. Rent free
[No rent free]
3. Deductions from rent
1. No allowable deductions
[1. No legal deductions]
[2. No equitable deductions]
[3. No set-off]
[4. No counter-claims]
2. Allowable deductions
[1. Any deductions required by law]
[2. Specify any other allowable deductions in notes]
4. When is the rent paid
[Quarterly in advance]
3. Security for the rent
[1. Rent deposit of £81,000 per annum]
[2. To be returned after 3 years if net profits test met]
[3. Has this been repaid?]
2. Inducements
[None]
7. Turnover rent
[None]
3. Term
2. Ex-Act or protected
[Ex-Act]
1. Length of term
[1. 01.07.2019 to 23.06.2029]
3. Tenant break clauses
[1. on 23.06.2022 with a break penalty of £22,500]
[2. on 23.06.2024 with no break penalty]
4. User
[Retail sale of high class fashionable footwear and associated products under the Birkenstock label]