In consideration of the rents and the covenants on the part
of the Lessee and the conditions hereinafter reserved and contained the Lessor
HEREBY DEMISES unto the Lessee (a) ALL THAT the premises more particularly
described in the First Schedule hereto all of which premises are hereinafter
referred to as "the Demised Premises" (being part of the land buildings and
appurtenances at 36-40 High Street North Surbiton Surrey such land buildings
and appurtenances being edged blue on the plan annexed hereto and being
hereinafter as "the Development") TOGETHER WITH the appurtenances thereunto
belonging AND TOGETHER ALSO with the several easements and other rights specified
in the second Schedule hereto EXCEPTED AND RESERVED unto the Lessor the several
easements and other rights specified in the Third Schedule hereto TO HOLD
the same unto the Lessee from the twenty third day of May One thousand
nine hundred and ninety-three for the term of twenty years thence next ensuing
YIELDING AND PAYING therefor unto the Lessor during the said term hereby
granted (a) during the first five years of the said term the yearly rent
of Five thousand seven hundred and fifty pounds and (b) during the remainder
of the said term the greater of the yearly rent of Five thousand seven hundred
and fifty pounds or the yearly rent of an amount equal to and calculated
and ascertained from time to time in accordance with the Fifth Schedule hereto
All such rents to be paid by equal quarterly payments to be made in advance
on the four usual quarter days in every year without any deduction whatsoever
the first payment for the proportion of a quarter for the period from the
day of to the day of One thousand nine hundred and ninety to be made on or
before the signing hereof
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