WALKABOUT SHEPHERD’S BUSH Iconic Freehold Building WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

THE OPPORTUNITY

Landmark freehold property on Shepherd’s Bush Green

Unique and distinctive property with a large floor area of c.12,700 sq ft.

Adjacent to O2 Shepherd’s Bush Empire live music venue and a new 322 bedroom hotel development

Area has substantial footfall from nearby Westfield Shopping Centre (27.5m annual vistors) & Shepherd’s Bush Market

Currently trading as a fully licensed bar

Significant opportunity to diversify and/or change the use of the venue

56 Shepherd’s Bush Green | London | W12 An investment opportunity WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

Aerial MAP SITUATION

Westway qpr (a40) stadium BBC WOOD LANE stanhope major development scheme WOOD LANE

shepherd’s bush market Westfield shopping centre

shepherd’s bush market ( ) major development proposed West cross shepherd’s bush pavilion route (a3220) (dorsett regency hotel development)

o2 SHepherd’s bush empire SHepherd’s bush common

uxbridge road WALKABOUT (a4020)

shepherd’s bush shepherd’s bush

West 12 shopping centre

56 Shepherd’s Bush Green | London | W12 An investment opportunity WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

Aerial MAP SITUATION

HAMMERSMITH PARK Location BBC WOOD LANE WOOD LANE A40 The property is located on Shepherd’s Bush W E S W Green which lies in the heart of Shepherd’s T

O C

Bush, an affluent suburb of the London O R O D L A N S Borough of Hammersmith & Fulham. S

R O

E WESTFIELD U Lying five miles west of Central London, SHOPPING T E

CENTRE ( Shepherd’s Bush is primarily residential in A 3 2 character with a commercial hub developed 2 UE 0 VEN SHEPHERD’S ) A around Shepherd’s Bush Common. ARK HOLLAND BUSH MARKET D P SHEPHERD’S LAN PARK UXB OL RIDGE BUSH H The area has seen substantial development ROAD (A402 notably the £1.6billion 0) Shopping Centre which opened in 2008 alongside Shepherd’s Bush (Central Line) SHEPHERD’S SHEPHERD’S BUSH Underground Station on the north side of BUSH COMMON HOLLAND Shepherd’s Bush Common. The development WALKABOUT WEST 12 PARK is the largest urban shopping centre in Europe SHOPPING CENTRE H and comprises 150,000 sq m of retail space O L L attracting over 27.5 million annual visitors. A

) S N 402 H D

(A E D A R O P R O Shepherd’s Bush benefits from strong road H WK A HA E D D and rail transport links. It lies close to five OL GOLDHAWK R G ROAD D ’

different underground stations (Shepherd’s S

B

Bush & White City (central line), Shepherd’s U S Bush Market / Goldhawk Road / Wood Lane H R

(Hammersmith & City line); and is serviced O A

by eighteen bus routes. D

( A 2 1 KENSINGTON

9 OLYMPIA ) Demographics

Within a 20 minute contour, Shepherd’s Bush has a total population of 1,198,569 and over 67% have an A, B, or C1 social grade.

Source: Mosaic UK (2011) / 2001 Census

56 Shepherd’s Bush Green | London | W12 An investment opportunity WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

Aerial MAP SITUATION

50 52

51 49 48 50

Norland House 47 49

46 48 45 47 46 44 43 45 44 42

41 42 40 43

40 39 38 41 38 37

39 36 36 35 37 WESTFIELD 34 34 WEST CROSS ROUTE (A3220) Recreation Site 31a Situation 32 32 35 SHOPPING

30 30 29a 33

CENTRE Hume House 28 27 28 31 y und urg B 26 1 e Plac 25 26 29 24

24 23 The premises are situated on 27 22 21 22 20 25 32 12 Burgundy 19 1 Place 12 20 18 14 Shepherd’s Bush Green, directly 23 16 17 2 18 16 30 18 21 15 28 3 14 fronting Shepherd’s Bush Common. 16 13 4 19 12 5 14 BOURBON LANE 29 10 17 6 2 1 12 4 1 Gascony Place MACFARLANCE ROAD MACFARLANCE 6 7 8 15 8 3 7 10 12 8 5 6 14 10 13 16 5 18 7 20 10 4 22 9 8 On the south side, immediately 3 11 24 12 Gascony Place 26 11 11 2 28 30 13 6 1 32 27 12 9 WOOD LANE 34 2a 36 15 38 13 4 40 17 adjacent to the property, is the O2 42 25 TADMOR STREET 44 26 19 14 2b 46 48 21 50 12 26 15 52 24 23 54 1

1 Savory 56 Place 4 Savory 25 Place 58a 16 19 Normandy 24 Place Shepherd’s Bush Empire, a renowned 9 10 22 27 58 17 all 2 H Village 29 Bush pards 19 She A 22 7 20 4 31 18 33 2c 6 5 8 17 L 20 33 19 35 19 live music venue. D 8 18 18 SHEPHERD’ S BUSH 6 BULWER STREET 37 20 MARKET 3 10

1 Westwood

House 23 39 I 18 12 4 N 16 17 1 41 21 14 43 16 2020 31 E 14 22 196 27 Casting 190 3 33

ROAD CAXTON 14 Aldine House 12 23 2 S

7 25-2 UXBRIDGE ROAD Cafe 25 14 T

1 Aldine Court 24 1 Bal 2ac 23 21 37

Adjacent to the northern boundary R 184 19 13 17

15 32 32a 11 180 E 178 7 13 12 176 39 13 9 28 HOPEGOOD ST 174 7 28a

172 E 26 24 11

B

Edu p

p 5

P

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r a of 22 tion

ess 1 41

ion 30 there is the Shepherd’s Bush Pavilion, a T 1a a l 20 30a 10 17-32 Aldine Court 17-32 Aldine Court 18 13 170 168 16 3 16a 144 14 43 9 166 12 9 12a

Passmor e Edwar 162 10 ds

Pub lic Librar 1 SHEPHERD’S y 160 8a BUSH 158 34 8 former cinema and bingo hall which is 8 45 156 STERNE STREET 5 6a 3 154 1 16 7 152 150 148 4a 1 146 47 10a 2a 6 7 2 currently being redeveloped into a 322 142 10c 49 5 3 140 2 138 Retail 8 4 136 4 134 6a STERNE STREET 51

SHEPHERD’S 6c BUSH MARKET 1-7 Boddington Court 3 11 5 bedroom Dorsett Regency hotel due 132 4a 130 130a 4b 2 128 6 53 126 76 124 2 122 1 120 6-16 Lana 102 rk Mansions UXBRIDGE ROAD (A4020) Offices 118 104 100 to open in 2014. 116 114 98 74 96 94 77 112 112a 92 108 110 106 72 70

75 SHEPHERD’S BUSH GREEN 70 56

90 73 88 86 84 68 82 80 PENNARD ROAD 78 76 74 71 Grafton 72 66 68 College 66 SHEPHERD’S 64 BUSH 62 60 54 69 58 64

67 62

65 60 UXBRIDGE ROAD

1 63 58 Retail 61 56

59 54 Retail 57 52 SHEPHERD’S BUSH Recreation Site 50 55 COMMON 53 48

3 51 46

4 49 SHEPHERD’S 4 44

47 BUSH 5 42 6 PAVILLION 6 45 WOODSTOCK GROVE 40 (DORSETT 8 7 43 38 8 REGENCY 10 41 36 HOTEL) 12 9 39 1 10 34 RICHMOND WAY 14 37 11 32 16 35 12 30 SHEPHERD’S BUSH GREEN 3 18 33 14 28 57 PENNARD ROAD 20 15 31 5 26 WEST 12 29 ROCKLEY ROAD 22 24 56 Retail 7 27 WALKABOUT SHOPPING CENTRE 24 22 20 55 25 26 20 9 Retail 54 23 28 Retail 11 53 1 21 Retail 14

16 Way Richmond 30-40b 13 19 O2 SHEPHERD’S 14 52 47 Retail 15 17 BUSH EMPIRE 12 1-70 Romney Court Retail 50 10 2 48 13 6 4 53 8 49 53 47 11 8 6 Retail SHEPHERD’S 46 9 4 12 BUSH ROAD Retail 1b 14 7 1d 10 1 1-50 Sinclair Mansions 5 3 1a 5 1a 18 16 5-19 Lanark 2a Mansions 18 9 20 11 22 13

Offices 15

1-26 Pennard Mansions Alan Maka Textiles 19 Offices

t our r C Rayno 26 1-6 6 1-50 Rockley Court 1a 28 Shepherds Studios GOLDHAWK ROAD 1 30 21 34 10 23 1 175

"(c) UKMap Copyright. The GeoInformation Group 2013 Licence No. LANDMLON100003121118"

56 Shepherd’s Bush Green | London | W12 An investment opportunity WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

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Description

The property comprises a bar venue arranged over basement, ground and two upper floors. The building is of traditional brick and stone construction under a pitched slated roof.

The venue currently trades as Walkabout, an Australasian-themed bar. The front of the property is painted in a distinctive fashion in the green, yellow and red that has become synonymous with the Walkabout themed bars.

At ground floor level there is a large trading area with long bar servery immediately to the right of the entrance. Towards the rear of the property is a raised stage area, kitchen and customer toilets.

The first floor comprises a long bar servery and a large trading area parts of which overlook the ground floor entrance and rear stage area. There are also additional customer toilets.

The second floor comprises plant room and ancillary accommodation.

The basement includes a cellar, wine/ spirit store and further storage areas.

The venue has the capacity for 1,150 customers.

56 Shepherd’s Bush Green | London | W12 An investment opportunity WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

Image gallery

56 Shepherd’s Bush Green | London | W12 An investment opportunity WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

Image gallery

56 Shepherd’s Bush Green | London | W12 An investment opportunity WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

Image gallery

56 Shepherd’s Bush Green | London | W12 An investment opportunity WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

Image gallery

56 Shepherd’s Bush Green | London | W12 An investment opportunity WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

FLoor plans

Accommodation

Area Sq Ft Sq M Description

Ground 5,778 536.8 trading area & main bar; cloakroom; DJ booth; customer toilets & disabled toilet.

1st Floor 4,700 436.6 trading area & bar; kitchen & ancillary storage; stage; & customer toilets

2nd Floor 964 89.6 plant Room / ancillary

Basement 1,301 120.9 main cellar, spirits/wine store & storage

Total 12,740 1,184

56 Shepherd’s Bush Green | London | W12 An investment opportunity WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

FLoor plans

SECOND FLOOR FIRST FLOOR GROUND FLOOR CELLAR

Indicative floor plans, not to scale.

56 Shepherd’s Bush Green | London | W12 An investment opportunity WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

History

The property was originally constructed as a cinema in 1910 and was named the Shepherd’s Bush Cinematograph Theatre. The developer and owner was Montagu Pyke who was an early cinema pioneer and entrepreneur. The original seating capacity was 900.

The cinema was subsequently renamed the Shepherd’s Bush Palladium and then in November 1923 the building reopened with 763 seats as the New Palladium.

During World War 2 the building narrowly escaped being hit by a flying bomb, which in 1944 hit the neighbouring Shepherd’s Bush Pavilion, destroying the original interior. The Pavilion did not re- open until 1955

The property stayed in cinema use operating under various names – the Essoldo, the Classic and finally the Odeon 2 – until 1981 when it closed for the final time.

Subsequently, the property was converted to a pub/bar now owned and operated by Intertain and branded Walkabout, an Australasian-themed bar.

56 Shepherd’s Bush Green | London | W12 An investment opportunity WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

Major Developments

As well as the Westfield London development has there are a number of other major schemes nearby or in the pipeline:

BBC Centre Shepherd’s Bush Pavilion The BBC Studio, on Wood Lane, has The adjacent Shepherd’s Bush Pavilion recently been acquired by development is a Grade II listed building, formerly company Stanhope who are working a cinema and bingo hall. The Pavilion up a major redevelopment. The current closed its doors for good in 2001. In 2009 proposal, expected to be completed planning permission was granted for in 2020, comprises a mix of leisure, retail conversion into a luxury hotel. Demolition and residential uses including a new work began in 2012 and the re-built mid- 50-bedroom boutique hotel market hotel, to be called the Dorsett and over 1,000 new residential Regency, is due to open in 2014. apartments.

Shepherd’s Bush Market WEST 12 There is a major redevelopment planned The West 12 shopping centre boasts over of the Shepherd’s Bush Market. This 30 major occupiers comprising a range development will see several market of retail and leisure outlets including a squares created alongside 212 new Vue Cinema, IBIS hotel, JD Wetherspoon, residential units. The market squares will Pizza Express, Fitness First and a variety feature different types of national cuisines of high street retailers. and accommodate pop-up shops and temporary trading space for start up or small businesses.

56 Shepherd’s Bush Green | London | W12 An investment opportunity WALKABOUT SHEPHERD’S BUSH THE OPPORTUNITY LOCATION DESCRIPTION ACCOMMODATION HISTORY MAJOR DEVELOPMENTS FURTHER INFO

planning Contact

The property lies within the Shepherd’s All enquiries should be via the sole selling agent, as follows: Bush Conservation Area and is a ‘Building of Merit’ on the London Borough of Hammersmith & Fulham’s Local Register. Paul Tallentyre Davis Coffer Lyons Tel: 0207 299 0740 Email: [email protected] Tenure Lawrence Telford Coffer Corporate Leisure Freehold. The property is held freehold Tel: 0207 299 0746 under title number NGL257261. Email: [email protected]

Price

Offers invited for the freehold interest with vacant possession on an unconditional basis.

epc

The property has an Energy Performance Certificate rating of E 102. A copy of the EPC is available on request.

MISREPRESENTATION ACT: Davis Coffer Lyons provide these particulars as a general guide to the property, which is offered subject to contract and to being available. These particulars do not constitute an offer or a contract or any part of an offer or contract. We (or anyone in our employ) do not imply, make or give any representation, guarantee or warranty whatsoever relating to the terms and neither does our client (the vendor or lessor). Any intending purchaser must by inspection or otherwise, satisfy himself as to the correctness of any of the statements contained in the particulars. All negotiations must be conducted through Davis Coffer Lyons. (June 2013)

56 Shepherd’s Bush Green | London | W12 An investment opportunity