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Extensively Refurbished Grade a O Ce Accommodation, Prominently Positioned on Stockley Park, Close to Heathrow, with Views Over an Impressive Tree Lined Square

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Extensively Refurbished Grade a O Ce Accommodation, Prominently Positioned on Stockley Park, Close to Heathrow, with Views Over an Impressive Tree Lined Square A PRIME INVESTMENT OPPORTUNITY ON ONE OF EUROPE’S LEADING BUSINESS PARKS Extensively refurbished Grade A o ce accommodation, prominently positioned on Stockley Park, close to Heathrow, with views over an impressive tree lined square. 2 4 THE SQUARE, STOCKLEY PARK Investment Summary • Prime South East multi-let o ce prominently positioned on one of Europe’s premier business parks. • Stockley Park is home to an impressive list of occupiers including Apple, GlaxoSmithKline, Canon, Marks & Spencer, Sharp, Hasbro and Suntory. • Extensively refurbished Grade A oce accommodation, situated within the most recently developed area of Stockley Park on an impressive tree lined square. • 4 The Square is arranged over ground, first, second and third floors, comprising a total of 81,403 sq ft (NIA). • The property, which was extensively refurbished in 2014, benefits from an impressive entrance, double height reception and common parts. • 356 car parking spaces with an excellent ratio of 1:229 sq ft. • BREEAM UK Non-Domestic Refurbishment and Fit-Out 2014 ‘Excellent’. • The property is multi-let to three tenants, providing a WAULT of approximately 5.40 years to breaks. • Total income available is £2,327,466 per annum, reflecting £28.83 per sq ft. The vendor will provide a 24 month rental guarantee, and a 12 month rates and service charge guarantee on the vacancy. • Highly reversionary when compared with prime rents on Stockley Park at £35.00 psf. • With the rental tone on Stockley Park set to continue to improve, 4 The Square provides a rare opportunity to realise genuine reversionary potential, through letting the vacant accommodation. • O¢ers are sought in excess of £32,300,000 (Thirty Two Million Three Hundred Thousand Pounds) subject to contract and exclusive of VAT, reflecting a Net Initial Yield of 6.75% (after allowing for usual purchasers costs of 6.77%). A purchase at this price reflects a low capital value of £397 per sq ft. 4 THE SQUARE, STOCKLEY PARK 3 GOLF COURSE CANON REGUS SHARP GILEAD APPLE BIOCARE, IBM, THE TOSHIBA APPLE ARENA VERIFONE, CANON REGUS VOLGA DNEPR MSC CRUISES KUEHNE IMG + NAGEL FISERV CELGENE M&S SUNTORY A408 UXBRIDGE ROAD M4 / HEATHROW AIRPORT 4 4 THE SQUARE, STOCKLEY PARK Stockley Park Stockley Park is widely regarded as one of the best out of town business Stockley Park is home to a tenant mix locations in Europe, located only 2 miles from Heathrow Airport and is the benchmark by which all other UK business parks are assessed. Set in 415 acres comprising an array of international of Green Belt land, the park o¢ers the benefits of unrivalled communication brands attracting a truly global investor links, excellent on site amenities and high quality accommodation. All of this has attracted a tenant mix comprising an array of global corporate audience. brands, including GlaxoSmithKline, Gilead, Apple, Sharp, Canon, Regus, Marks and Spencer and Suntory. Its unprecedented success to date is proven by both the tenants it has attracted as well as the calibre of investors who have purchased buildings on the park. The amenities boost the Stockley Park experience; a business community with convenient services, social meeting places and recreation all within a pleasant, waterside environment. There is extensive landscaping with 11 lakes across the park, providing attractive settings for the o ce properties and a tranquil work environment with numerous cycle and footpaths. Stockley Park also has its own 18 hole golf course, which was opened by Nick Faldo as well as a nursery, which provides childcare throughout the working day. 4 THE SQUARE, STOCKLEY PARK 5 Location The Park enjoys some of the best communication links in the South East. Stockley Park is located within the London Borough of Rail & Crossrail Hillingdon, 15 miles west of Central London. The Park Stockley Park is strategically positioned for access for enjoys some of the best communication links in the both Hayes & Harlington and West Drayton stations. South East, located adjacent to the M4, close to the M25 Both stations serve London Paddington and provide and with excellent rail connections to Central London fast links to the rest of the UK rail network via Reading and the Thames Valley. to the West. Journey times to London Paddington are approximately 26 minutes from West Drayton and 21 This prime location places Stockley Park within a CGI of The new Hayes & Harlington Station minutes from Hayes & Harlington. 45 minute drive of over 3 million people. The local workforce is highly skilled with a higher than average The Park will benefit from two Crossrail stations, Hayes level of education and household income, which has & Harlington and West Drayton from 2019. The service helped to establish Stockley Park as a sought after will further enhance the Park’s connectivitiy with the location for many high profile occupiers. line running directly through the stations from Reading across London and into Essex. Once opened there will The excellent transport links together with the scale of be a direct journey time to Bond Street taking just 20 the park, quality of the buildings and skilled labour pool minutes and further reduced journey times to numerous are among the reasons for Stockley Park’s undoubted locations. success and reputation as the premier business park in the UK and Europe. Bus A regular bus route links Stockley Park to Hayes & Road Harlington and West Drayton railway stations,with Stockley Park is situated north of Heathrow Airport at journey times of 5-7 minutes. The A10 Heathrow Fast is Junction 4 of the M4 motorway, which provides direct a dedicated service which provides non-stop links from access to Central London, to the east, as well as the Heathrow Airport to Stockley Park in 10 minutes. It also centres of Slough, Reading and the wider South West. runs to the Park from Uxbridge tube station. Junction 15 of the M25 motorway is located just 2 miles (3.2 km) away via the M4 o¢ering convenient access to Air CGI of The new Hayes & Harlington Station the national motorway network, whilst the nearest town, Heathrow, one of the world’s busiest international Uxbridge, is located just 4 miles (6.4 km) to the north via airport, caters for approximately 67 million passengers the A408. per year. The airport is an important feature for Stockley Park occupiers. Located just 2 miles (3.2 km) away, it is Heathrow Airport 2 miles a 5 minute drive to Terminals 1,2, 3 and 5 from where M4 Junction 4 1 mile flights to all major hubs around the globe are accessible. The proximity to the national motorway network means M25 Junction 15 2 miles that Gatwick, Luton and Stansted Airports are also within Central London 15 miles easy reach of Stockley Park. Reading 27 miles Uxbridge 4 miles Heathrow Airport 2 miles Luton 40 miles Gatwick 40 miles Stansted 70 miles 6 4 THE SQUARE, STOCKLEY PARK CGI of The West Drayton Station HIGH WYCOMBE 4 HARROW 16 M40 1 M40 16 1 UXBRIDGE A40 WESTERN AVENUE UXBRIDGE A40 HILLINGDON A437 UXBRIDGE CENTRAL C MAIDENHEAD M25 OW A4 SLOUGH STOCKLEY PARK L ONDON L EY R 7 HAYES OAD OAD HAMMERSMITH 6 5 15 4 M4 1 HARLINGTON ROAD 8 CHISWICK M25 STOCKLEY /9 AY UXBRIDGE ROAD PARK RICHMOND WINDSOR 14 HIGH STREET M4 THE PARKW READING A308 HEATHROW A316 E G LAN LLIN FA A329 (M) 13 Y A W KINGSTON D K 10 STAINES 1 A 12 BRACKNELL W WEST L WIMBLEDON EY IVER S THE PAR DRAYTON T HAYES & O ROAD A3 C 11 K HARLINGTON L 12 E Y R O H A A D R WEYBRIDGE M A329 A24 O N C HERRY LA T E D E S R W M3 T S A23 W O ESTERN ROA 11 D R H EPSOM T G I H 4 H M4 3 15 LA 3 S I P WOKING S O T M25 A N S H L R T D A E H T I O P C A A23 T N R A K 10 R W H D A M25 Y 4 A4 9 S BATH ROAD T 4a A4 BATH A ROAD N W LEATHERHEAD E L L M A3 O O R D 4a OA HATTON CROSS R R ST O E H W A TERMINAL 5 UT 7 D TERMINALS SO EAT 1, 2, 3 GR 8 14 0 A3 A24 5 GUILDFORD REIGATE HEATHROW TERMINAL 4 6 M23 AD INES RO STA ST AIN LONDON ROAD ES BY-PASS 9 GATWICK Post code: UB11 1BT A3 Crossrail (Elizabeth Line) 2019 36 36 HAYES & 33 27 20 17 15 11 8 63HARLINGTON 368 912162022252730 CRAWLEY HAYES & 33 27 20 17 15 11 8 63HARLINGTON 368 912162022252730 STRATFORD STRATFORD IVERIVER 34 READING TAPLOW SLOUGH LANGLEY TWYFORD BURNHAM SOUTHALL HANWELL IVERIVER WEST EALING 34 MAIDENHEAD PADDINGTON BOND STREET FARRINGDON WHITECHAPEL TAPLOW SLOUGH WEST DRAYTON READING LANGLEY HANWELL ACTON MAINLINE TWYFORD BURNHAM SOUTHALL EALING BROADWAY LIVERPOOL STREET WEST EALING MAIDENHEAD PADDINGTON BOND STREET FARRINGDON WHITECHAPEL ELIZABETH LINE (DUE 2019) WEST DRAYTON TOTTENHAM COURT RD ACTON MAINLINE EALING BROADWAY LIVERPOOL STREET TRAVEL TIME (MINS) FROM ELIZABETH LINE (DUE 2019) 5 10 TOTTENHAM COURT RD CANARY WHARF HAYES & HARLINGTON TRAVEL TIME (MINS) FROM 5 10 HEATHROW DLR CANARY WHARF HAYES & HARLINGTON AIRPORT HEATHROW DLR AIRPORT 4 THE SQUARE, STOCKLEY PARK 7 8 4 THE SQUARE, STOCKLEY PARK 4 THE SQUARE, STOCKLEY PARK 9 Accommodation Extensively refurbished in 2014 & benefits from an impressive double height reception, as well as upgraded lifts and common parts. The property was constructed in 1999 and comprehensively refurbished in 2014. It provides the following: • New VRF air conditioning • Full access raised floors • Metal tile suspended ceiling with LG7 compatible lighting • 3 passenger lifts and a goods lift • Male, female and disabled WC’s on each floor • 356 car parking spaces, ratio of 1:229 sq ft • Bike store • Redesigned reception and entrance • BREEAM UK Non-Domestic Refurbishment and Fit-Out 2014 ‘Excellent’ 10 4 THE SQUARE, STOCKLEY PARK 4 THE SQUARE, STOCKLEY PARK 11 Accommodation The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and provides the following approximate floor areas: Floor Use Sq Ft Sq M Ground Reception 706 65.6 Ground O ces 19,245 1,787.9 First O ces 20,488 1,903.4 Second O ces 20,475 1,902.2 Third O ces 20,489 1,903.5 Total 81,403 7,562.6 Typical floor plan 12 4 THE SQUARE, STOCKLEY PARK Stockley Park We understand that the property extends to approximately 3.95 acres (1.59 hectares).
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