Rent Review Memorandum between Silk Developments Limited and Business & Market Research Limited (Wood Street Mill)

Contract Categories: Real Estate Lease Agreements
Summary

Silk Developments Limited and Business & Market Research Limited have agreed to change the rent for a portion of Wood Street Mill, Macclesfield. Starting August 18, 2002, the annual rent will be £14,877 until the next review on August 18, 2007. This memorandum records the updated rent terms as agreed by both parties.

EX-10.5.9 4 l14570aexv10w5w9.htm EXHIBIT 10.5.9 RENT MEMORANDUM BETWEEN SILK DEVELOPMENT Exhibit 10.5.9  

Exhibit 10.5.9
RENT REVIEW MEMORANDUM
         
LANDLORD
  :   SILK DEVELOPMENTS LIMITED
 
       
TENANT
  :   BUSINESS & MARKET RESEARCH LIMITED
 
       
PROPERTY
  :   RELATING TO PORTION OF BUILDING KNOWN AS WOOD STREET MILL, WOOD STREET, MACCLESFIELD.
 
       
LEASE DATED
  :   18/08/1997
By this Memorandum dated the 19th July 2002 Silk Developments Limited as Landlord and Business and Market Research Limited as Tenant desire to record an agreement to vary the rent payable under the review provisions of the Lease with the effect from the review date of 18th August 2002 the rent payable will be £14,877.00 (fourteen thousand eight hundred and seventy seven pounds) per annum up to the next rent review date 18th August 2007.
         
Signed :
  [ILLEGIBLE]
 
 Silk Developments Limited
  Dated : 30/8/2002
 
       
Signed :
  [ILLEGIBLE]   Dated : 30/8/02
 
       
 
  Business and Market Research Limited