Ten Artillery Lane
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TEN ARTILLERY LANE SPITALFIELDS LONDON E1 A Vacant Freehold building located 150 metres from Liverpool Street Station Executive Summary THE artillery building • spitalfields Freehold Located in a vibrant and central City location, situated on the southern side of Artillery Lane, accessed off Bishopsgate, 150m from Liverpool Street Station The property provides 6,466 sq ft (600.70 sq m) of office and ancillary accommodation arranged over basement, ground and four upper floors The property will be offered with full vacant possession Potential to increase the net lettable area through rationalisation and extension, subject to obtaining the necessary consents Suitable for a variety of uses including offices, private members club, restaurant/retail accommodation at ground floor and residential, subject to obtaining the necessary consents Prime rents in the micro-location are north of £70.00 per sq ft for refurbished accommodation Offers are sought in excess of £4,300,000 subject to contract and exclusive of VAT reflecting a capital value of £665 per sq ft on the net area of the existing accommodation Location & Connectivity THE artillery building • spitalfields The Old Truman Fruit & Wool Spitalfields The the Broadgate 5 Broadgate Principal Principal Place The stage Brewery Aldgate Exchange Market Shard Liverpool Street Estate UBS HQ tower Amazon UK HQ SPITALFIELDS LONDON E1 C I T Y R O G A O D S W E LL R O A G D R E . TEET AT T D S A E A RO S H T N G E Location E I R RE N ST H G R H NAL E H E C ET T T Tech ShoreditchI B D E R O HETH H HH TEET S City RKENWELL RO AD T CLE E E R Spitalfields G T O WORS S HIP STREET C S WO O W R M LD SH O IP M E S TR E L EE PP T R L A C R IA 4-10 Artillery Lane is located in a vibrant and central City location, A number of high-profile developments have recently completed O L A CHIS S D WEL T L STR R EET E which is accessed from Bishopsgate, one of the City’s principal and have significantly enhanced the area including Bishops Square, E T thoroughfares. The property is within 150 metres of Liverpool Street Principal Place (Amazon’s UK HQ) and the Salesforce Tower. Future Station and the world-renowned Broadgate Estate. projects which will further enhance the location are 100 Bishopsgate, ET RE The Stage and the London Fruit and Wool Exchange. ST E B SE E IELD STREET L BRUSHF R Immediately to the north of the property is the Bishops Square Estate, OU DO TEET H N I R C TE ST R RE K A E LIVERPOOL CH T ERY L STREET ARTILL A L a unique Foster & Partners designed development owned by JP As well as being a prime office location, 4-10 Artillery Lane benefits TICKETHALL . A TE N M E ID Morgan and Tribeca Holdings stretching across 7 acres comprising from the vibrant and cosmopolitan retail, leisure and restaurant DL E LONDON WALL SE X S landmark offices, 21 retail and restaurant units, traders market and amenities situated within Bishops Square and Old Spitalfields Market. L T H ON . OL DON BOR WA N LL VIA various open public spaces. DU W CT ORMW ET The emergence of Spitalfields as a restaurant, fashion and tech E OO TE RE T D T ST S REE H GA T E ET IG R T H A L The immediate area is home to a diverse occupier base including hub has established the immediate area as a 7-day a week O G PE S A P CH MO O TE H HI Amazon, Royal Bank of Scotland, Bacardi, Allen & Overy, WeWork, trading location attracting independent retailers alongside multi- IS W T B Survey Monkey, RBB Economics, CMC Markets and Salesforce. national operators. TE CH REET EAPS E ST IDE EDL L NE E D The City M EA HR A T N L ILL EADENHA S BANK CORNH LL STR T EET R EET E ST TR E . P IA S T AUL OR ’S C ICT HUR N V CHY UEE ARD Q MANSION EHH HE CANNON TEET TEET CAN UPPER THAMES STREET NON STR EET Map not to scale, indicative only Connectivity 4-10 Artillery Lane benefits from the following excellent transport connectivity: Station Services Distance Hammersmith & City, Circle, Metropolitan and Central Underground lines, Liverpool Street 150 metres National Rail Services to Essex and East Anglia and Elizabeth Line (2018) Aldgate Circle and Metropolitan Underground lines 400 metres Aldgate East District, Hammersmith & City Underground lines 500 metres Shoreditch High Street London Overground Services 600 metres Fenchurch Street National Rail Services to Essex and East Anglia 800 metres District, Circle, Northern, Central, Waterloo & City Underground and Bank/Monument 800 metres Docklands Light Railway linking to Canary Wharf and City Airport Elizabeth line (Crossrail) 4-10 Artillery Lane is within a short walking distance (150 metres) of Liverpool Street Station which will act as the primary connection for Crossrail in the City of London when delivered in December 2018. Crossrail, Europe’s largest infrastructure project, will provide unrivalled connectivity across London with direct access from Liverpool Street Station to Canary Wharf in 6 minutes, Bond Street in 7 minutes and Heathrow Airport in 41 minutes. Stansted Stratford Romford Shenfield Hayes & Tottenham LIVERPOOL 8 27 42 Harlington Paddington Court Road STREET 61 27 18 10 7 4 2 2 Reading Ealing Bond Farringdon Whitechapel 41 Broadway Street 6 10 18 Luton Canary Custom Abbey Heathrow Gatwick Airport Wharf House Wood THE artillery building Local Occupiers Local Amenities THE artillery building • spitalfields The property benefits from excellent amenities with Spitalfields Salesforce Tower is also close by, which is home to the famous 4 Market, Broadgate Circle and the Devonshire Square Estate a Duck & Waffle and Sushi Samba restaurants. To the east lies short distance away, providing a wide variety of retail, dining and Brick Lane which is home to London’s largest agglomeration of Old Street entertainment options. curry houses. The area is further characterised by the vibrant nightlife surrounding the Truman Brewery and its array of bars Great Eastern Street Box Park is located a short walk to the north, just behind and pop-up restaurants. 9 5 Shoreditch High Street Station. Next to the station lies Shoreditch Bethnal Green Road House which is run by the famous Soho House Brand. Shoreditch City Road High Street 8 10 12 Curtain Road Clifton Street Worship Street 3 11 7 Commercial Street 6 Shoreditch High St. 4 OF BISHOPSGATE Finsbury Primrose Street Square 7 2 Wilson Street 7 6 8 3 Spital Square 3 1 9 Sun Street Appold 3Street Old Spitalfields Market Artillery Lane Artillery Lane Middlesex Street Brushfield Street 2 1 min walk 1 min walk 1 min walk 2 mins walk 2 Liverpool Finsbury Pavement 1 Brick Lane Street Brushfield St. 11 Broadgate 1 5 1 7 Artillery Lane Moorgate Commercial Street Moorgate Finsbury 12 Bell Lane Circus Frying Pan1 Alley1 Bishopsgate 12 1 9 London Wall 10 3 4 Middlesex Street Brushfield Street Widegate Street Middlesex Street Frying Pan Alley 8 2 Houndsditch 10 2 mins walk 2 mins walk 3 mins walk 3 mins walk Moorgate 11 Aldgate Bevis Marks 5 Tower 42 East Old Broad Street 12 9 10 Aldgate 8 Bishopsgate5 6 Lothbury 4 6 Insurance / Financial Media / Technology Professional Developments 1. RBS 1. WeWork 1. Bacardi 1. London Fruit & Wool Exchange 2. UBS 2. Second Home 2. Allen & Overy 2. 100 Bishopsgate Spital Square Bishopsgate Commercial Street Bishopsgate 3 mins walk 4 mins walk 4 mins walk 5 mins walk 3. Deutsche Bank 3. Amazon 3. RBB Economics 3. One Crown Place 4. Swiss RE 4. Runway East 4. Salesforce 4. Art’otel, Great Eastern Street 5. CMC Markets 5. Mother 5. Ashurst (2018) 5. 22 Bishopsgate 6. Allied Irish Bank 6. Factset 6. Clyde & Co 6. 13-14 Appold Street 7. Tullet Prebon 7. SapientNitro 7. Pinsent Masons 7. Blossom Street 8. Westpac Group 8. Williams Lea Tag 8. Herbert Smith Freehills 8. The Stage 9. Bloomberg 9. Uber 9. Squire Patton Boggs 9. Shoreditch Village 10. Trireme Insurance 10. Smart Focus 10. McDermott Will & Emery 10. The Goodsyard 11. Royal Bank of Canada (2018) 11. Currencycloud 11. Northumbria University 11. Principal Place Bethnal Green Road Commercial Street Great Eastern Street Shoreditch High Street 12. IHS Global 12. Google Campus 12. Coventry University 12. 100 Liverpool Street 6 mins walk 7 mins walk 7 mins walk 7 mins walk Map not to scale, indicative only Source: Google Maps Local Developments THE artillery building • spitalfields The micro-location has experienced substantial investment and development activity and will continue to be a focus for developers over the coming years with a number of developments planned or under construction. A summary of the notable projects either recently completed, under construction or proposed is set out below: 1. 100 Bishopsgate, EC2 2. London Fruit & Wool Exchange, E1 3. One Crown Place, EC2 7. Blossom Street, E1 8. The Stage, EC2 9. Shoreditch Village Phase II, E1 Developer Brookfield Developer Exemplar/M&G Developer MTD Alloy Metals Developer British Land Developer Plough Yard Developments Developer Brockton Capital Use Office Use Office & retail Office, hotel, members club Use Office, residential and retail Use Office, residential and leisure Use Office and retail Use and retail Size 878,693 sq ft Size 320,000 sq ft Size 347,000 sq ft & 46 C3 units Size 220,000 sq ft & 412 C3 units Size 96,000 sq ft (gross) Size 166,840 sq ft & 246 C3 units Completion Q4 2018 Completion Q1 2018 Completion 2020/2021 (estimate) Completion Q2 2019 Completion 2020 + (estimate) Completion 2020 118,000 sq ft to Jefferies Group The office space is fully pre-let Comments Planning consented Comments Office space fully pre-let to WeWork Comments Subject to planning Comments and 218,500 sq ft to Royal Bank to Ashurst Comments Under construction Comments of Canada with option for further 50,000 sq ft 4.