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S09524 12 Dover Street Broch A4 V12.Indd TWELVE DOVER STREET MAYFAIR LONDON TWELVE DOVER STREET OFFERS OVER 3,250 SQ FT OF BRAND NEW RETAIL SPACE BEHIND A REDEVELOPED PERIOD FAÇADE IN THE CENTRE OF LONDON’S LUXURY QUARTER Dover Street is notable for its Georgian architecture as well as the location of historic London clubs and hotels, which have been frequented by world leaders and historic figures in the Arts. It has become synonymous with luxury retail and also hosts a number exclusive restaurants, boutique hotels, private members’ clubs and contemporary art galleries. BAGATELLE RESTAURANT DOVER STREET IS HOME TO AN ECLECTIC ARRAY OF LUXURY RETAIL , GALLERIES AND RESTAURANTS DOVER STREET IS ESTABLISHED AS A VIBRANT RETAIL DESTINATION FOR CONTEMPORARY LUXURY BRANDS. Dover Street offers a mix of contemporary and old-world sophistication — some of these include the Victoria Beckham flagship store; new concept-led luxury fashion brand Varana; Galerie Thaddaeus Ropac; and the Aston Martin showroom, which are complimented by a world-class dining offer nearby including Bagatelle's London debut at 34 Dover Street, Novikov, Nobu, Park Chinois and Isabel Mayfair. REGENT PICCADILLY NEW BOND GREEN PICCADILLY THE RITZ STREET CIRCUS STREET PARK GREEN PARK BERKELEY SQUARE Dover Street runs north from Piccadilly into Mayfair and is bordered by Albemarle Street to the east and Berkeley Street to the west. GREEN PARK Travel time mins WELL CONNECTED Victoria 1 Twelve Dover Street is only a few minutes’ walk King’s Cross-St Pancras 6 Eurostar International to Green Park station, providing access through Bond Street with access to 2 the Jubilee, Victoria and Piccadilly Lines. Bond Street Elizabeth Line (2018) The area’s connectivity will be enhanced further Waterloo 4 on the completion of Crossrail. London Bridge 7 Canary Wharf (DLR) 13 Crossrail opens in Dec 2018 and is due to be MARBLE TOTTENHAM COURT ARCH ROADHeathrow Airport 49 fully operational by Dec 2019. It will halve travel OXFORD STREET time to the West End by linking it to Canary 9 BOND OXFORD ELIZABETH LINE STREET CIRCUS (2018) Wharf in c.12 minutes, Stratford in c.15 minutes 6 BOND STREET HANOVER SOHO ELIZABETH LINE SQUARE SQUARE and Heathrow Airport in less than 30 minutes. 6 (2018) 7 BROOK STREET 5 3 S T N CLARIDGE’S ST CARNABY E GROSVENOR G C W SQUARE E H O B A R O GROSVENOR STREET G R N E 3 I D N S 12 G S 13 T T C There are a number of flagship retail stores in the vicinity of the subject R T 9 S R E HYDE PARK HYDE 10 IT E 7 4 U 8 O property including Victoria Beckham, Holly Hunt, Varana and Aston T D S BERKELEY N GOLDEN SQUARE O SQUARE S Martin. The area is also renowned for art galleries such as David Zwirner, 6 C S BRUTON ST A 8 R R 14 V Marlborough Fine Art, Rossi & Rossi and Galerie Thaddaeus Ropac. O I E L A G O 11 E D L E R D D N O B O B W T E 15 V O R 2 S E OFFICES RESTAURANTS HOTELS & CLUBS N K T 8 R E D R L S S E E 1 Apax Partners 1 Café Murano 1 Arts Club T PICCADILLY LEICESTER T E Y T CIRCUS SQUARE S 1 2 Artemis Investment 2 Caviar House & Prunier 2 Brown’s Hotel T GREEN ROYAL ACADEMY 3 BAE Systems 3 Cipriani 3 Claridge’s 5 PARK 16 PICCADILLY 4 Blackstone Group 4 Le Caprice 4 The Army & Navy Club 14 THE 17 2 15 18 1 HYDE PARK RITZ 5 BP 5 Le Gavroche 5 The Athenaeum CORNER 2 1 14 11 4 15 6 Caxton 6 Maze 6 The Beaumont 9 10 5 GREEN ST JAMES’S 7 Credit Suisse 7 Fera 7 The Connaught PARK 13 SQUARE 11 8 Davidson Kempner 8 Nobu Berkeley Street 8 The Dorchester 10 4 9 Elliott Advisors 9 Sake no Hana 9 The Dunhill Club 7 10CHARING GAM 10 Scott’s 10 The East India Club BUCKINGHAM 12 3 13 12 CROSS PALACE 1 1 HSBC Private Bank 1 1 Sexy Fish 1 1 The In & Out Club THE MALL 12 IoD 12 Sketch 12 The Royal Automobile Club ST JAMES’S PARK 13 Lansdowne Partners 13 The Avenue 13 The Travellers Club RIVER THAMES 14 Rio Tinto 14 The Ritz 14 The Westbury 15 The Carlyle Group 15 Park Chinois 15 White’s Club 16 The Grand 17 The Wolseley 18 Wiltons Twelve Dover Street is prominently situated in the prime section of Dover Street opposite the iconic Dover Street Arts Club — originally founded by Charles Dickens and others in 1863. London boasts one of the largest art markets in the world and is an important location for international art galleries. There has been a recent trend in new international galleries making their London debut with Mayfair remaining the traditional heartland for artists and galleries. Dover Street is an established gallery location evident by the recent opening by Thaddaeus Ropac in Ely House, a historic Mayfair mansion, where he will showcase the works of more than 60 major artists. The Arts Club Dover Street is the ideal location to create experiential retail and for global players to showcase their brand. International shoppers have boosted sales figures as they continue to be attracted to the West End by the post-Brexit decline in the value of sterling. Royal Arcade International demand in the Mayfair district has gone from strength to strength in 2017 with sales to non-EU tourists up 28% between July and August. Sales to Chinese tourists have increased by 59% over the period. American, Indian and Russian shoppers have also flocked to the West End stores. Source: NWEC The London Private Members’ Club scene is arguably the most prestigious in the world. In addition to The Arts Club which is located opposite 12 Dover Street, Annabel’s, Morton’s, The Lansdowne and 5 Hertford Street are located close by. Mayfair also boasts a world renowned luxury hotel market synonymous with a top class hospitality experience. There are numerous establishments in the vicinity including Brown’s Hotel, The Ritz, The Wolseley and The May Fair Hotel. Indicative staircase Indicative staircase where soft spot has where soft spot has been created been created DOVER STREET GROUND FLOOR SALES (Approx NIA) BASEMENT SALES / ANCILLARY (Approx NIA) 1,717 SQ FT | 159.50 SQ M 1,544 SQ FT | 143.40 SQ M Plans not to scale. For indicative purpose only. SPECIFICATION TERMS HANDOVER CONDITION • Finished floor level to soffit height Capacities for water and The property is available by way of a new effectively full repairing generally 3.625m at ground floor electricity are as follows. and insuring lease for a term of 10 years subject to an upward only The building has been totally and 3.056m at basement level rent review to market rent at the end of the 5th year of term. redeveloped behind a retained ELECTRICAL SERVICES The lease is to be contracted outside of the security of tenure façade with the retail space being • Reinforced concrete slab • Ground Floor and Basement provisions of the Landlord & Tenant Act 1954 (as amended). delivered to a shell specification with levelling compound will both have the following: with capped off services. finish with retail imposed RENT loading of 400 kg/m2 • 70kVa allocation A detailed retail specification Quoting terms are available upon request. document is available on request. • Painted timber shopfront • Dedicated 100A TPN with clear glass double supply from retained existing USE glazed panel to door and Ryefield distribution board The property benefits from retail use within Class A1 of the clear double glazed shopfront WATER SERVICE with bronze ironmongery Town & Country Planning (Use Classes) Order 1987. • Stand-alone capped supply Other high quality uses such as art galleries • Capped-off electricity and to retail unit, terminated at and luxury car showrooms will be considered. water services incoming location in the basement vaults area BUSINESS RATES • Tenant application necessary To be re-assessed following completion of the landlord’s for service redevelopment works. EPC Available upon request TIMING Handover of the retail unit is expected in Q4 2018. PAUL SOUBER PETER FLINT [email protected] [email protected] 020 7344 6870 020 7344 6596 Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. (March 2018) Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England and Wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA. siren | +44 (0)20 7478 8300 | sirendesign.co.uk | S09524 1 2 D O V E R STREET.COM.
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