TENANCY DETAILS

Overview Of Tenant

The team has over 35 years of experience designing and producing high-quality, custommade carpets and rugs for residential, commercial and hospitality projects worldwide. A family-owned business founded by David and Kerrie Sharpley, born from a passion for textiles and enchanted by the hand-tufted technique, it is now a global company recognised for its award winning designs and collections. TSAR products are designed by in house designers and manufactured by highly skilled artisans in their owned and operated factory in Portugal. Their versatile product range is designed to suit all spaces and their focus on high quality, durable products ensures long lasting appearance for years to come. Their skilled team draws upon the best TSAR-approved fabrics to ensure each piece is meticulously designed to the highest calibre. With locations in Melbourne, Sydney, New York, London and Munich.

tsarcarpets.com

Trading Name: TSAR Carpets

Current Rent: $111,931 pa + GST (As of July 2023)

Lease Term: Seven (7) Years from 1st July 2018

Options: One further term of Five (5) Years

Rent Reviews: Fixed 4% annually and market review at option

Outgoings: Paid by tenant