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To approve the reviewed rent of the above property leased to
Chamoss International Limited.

In accordance with the 2nd Schedule of the lease, the annual
passing rent of £18,000 has been reviewed as at 9/1/24 and it
is proposed to increase it to £22,500.

The increase in rent is in line with ongoing market evidence and
has been agreed after a period of negotiation. Our consultant
recommends the matter is concluded on this basis.

A memorandum will be endorsed on the lease recording this
review.

If you have any queries, then please contact Charles Wood who will
be happy to provide further information.