13-14 BUCKINGHAM GATE LONDON SW1 - Capita Symonds

COVENANT INFORMATION
TENANCIES
The building is multi-let in accordance with the tenancy schedule below.
The income profile shows weighted unexpired terms as follows:
Unexpired to expiry 5.1 years
Unexpired to break 2.6 years
All leases are contracted outside Sections 24 to 28 of the Landlord and Tenant Act 1954 (as amended).
TENANCY SCHEDULE
Tenant Date Of Accounts Turnover Profit Before Tax Net Tangible
Assets (Liabilities)
Agilitas Partners LLP 31/03/2012 N/A (£383,603) £101,068
A pan- European mid-market private equity firm. A current rent deposit of £16,200 is held by the vendor.
Renovata Partners Ltd 31/12/2011 N/A N/A £930,966
A recruitment consultant acting for internet and technology companies seeking executive or board
level employees. For over 15 years the company has worked with founders, venture capital and private
equity firms to recruit business leaders.
Halcyon Property UK Ltd 31/03/2012 N/A N/A (£15,340)
The company specialises in high quality residential real estate in Central London. A current rent deposit
of £23,370 is held by the vendor.
DFJ Esprit LLP 31/03/2012 £5,562,768 £1,229,104 £2,564,496
DFJ Esprit is a venture capital company that is part of the DFJ Global Network, the largest venture
capital network in the world, that co-operate on investment diligence and co-investing.
Wilfred T Fry Ltd 31/03/2012 £10,991,000 £594,000 £2,117,000
Part of The Fry Group, a group of companies engaged as tax consultants, executors and trustees and
personal financial planners.
CVG Ltd 30/09/2012 N/A N/A (£159,509)
The Customer Value Group is a software company focused on bespoke accounts receivable solutions
which are used to manage revenues in excess of €20 bn in 100 worldwide locations. A current rent
deposit of £57,979 is held by the vendor.
Floor Tenant Area sq ft Lease Start Rent Review Lease End Tenant Break
Option
Rent
Rent
(£ per sq ft)
2013 Service
Charge Cap
(£ per sq ft)
Rent
Deposit
Comments
Fouth Floor Agilitas Partners LLP 1,348 10/08/2011 09/08/2016 10/08/2014 £54,000 £40.06 £11.54 £16,200 S/C cap subject to RPI indexation.
Third Floor Renovata Partners Ltd 1,461 23/12/2010 22/12/2015 22/12/2013 £56,979 £39.00 £10.88
Schedule of Condition. Break penalty
of £9,496.50. Rent rises to £58,440 on
23/04/2014.
S/C cap subject to RPI indexation.
Second Floor Halcyon Property UK Ltd 1,449 15/07/2011 14/07/2016 £58,425 £40.32 £13.22 £23,370 S/C cap subject to RPI indexation.
First Floor DFJ Esprit LLP 2,912 19/06/2011 19/06/2016 18/06/2021 19/06/2016 £118,400 £40.66 £12.00 S/C cap falls away from 19/06/2016.
Ground Floor Wilfred T Fry Ltd 2,506 26/02/2007 26/02/2012 25/02/2017 £101,520 £40.51 Rent review outstanding.
Lower Ground CVG Ltd 2,524 01/01/2010 01/01/2015 31/12/2019 31/12/2014 £70,000 £27.73 £57,979
Total £459,324 £37.65
7