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Soho Action Plan: Your Thoughts in Action
Soho Action Plan: Your thoughts in action One Soho Soho is a unique part of the t it has an international identity as a cros ities and energy of the people who live an Without order we cannot live in, work in, o pleasant experience and we will work with ense of belonging and a wide range of op e of the most exciting and colourful part uraging diversity in retail and protecting up dialogue between businesses and re he foundations for enterprise in Soho. Re e look after the heart of this city. We propo neration, and we will improve the public re Contents 1 Introduction 3 Foreword 7 One Soho 13 Order 21 Opportunity 27 Enterprise 35 Renewal: Our lasting legacy 41 One Soho, One City, One Action Plan 45 List of actions 52 Contact details capital that has grown out of a rich s-cutting and cosmopolitan melting nd work here, which makes this area or visit Soho in enjoyment and peace. h the police and the Soho community pportunities in Soho that make even ts of the capital, if not the world, in Soho’s core businesses, promoting esidents, making the council more enewal: Our lasting legacy We will be ose real consultation with residents, ealm to make Soho accessible to all. Soho Boundary Soho is the area within the boundaries set by Oxford Street, Regent Street, Shaftesbury Avenue, and Charing Cross Road (for the purpose of this Action Plan). Featured Imagery 1 KINGLY COURT 2 SOHO HOTEL 3 SOHO SQUARE TOTTENHAM 4 MEARD STREET COURT ROAD 5 BERWICK STREET MARKET 6 GREAT MARLBOROUGH STREET 19 20 18 GREA OXFORD STREET TCH W CH TON RO Additional Streets -
Carnaby History
A / W 1 1 Contents Introduction C S W T S C A RN A BY IS KNO W N FOR UNIQUE INDEPENDENT BOUTIQUES , C ON C EPT STORES , GLOBA L FA SHION C F & D N Q BR A NDS , awa RD W INNING RESTAUR A NTS , ca FÉS A ND BA RS ; M A KING IT ONE OF L ONDON ' S MOST H POPUL A R A ND DISTIN C TIVE SHOPPING A ND LIFESTYLE DESTIN ATIONS . T K C S TEP UNDER THE IC ONIC C A RN A BY A R C H A ND F IND OUT MORE A BOUT THE L ATEST EXPERIEN C E THE C RE ATIVE A ND UNIQUE VIBE . C OLLE C TIONS , EVENTS , NE W STORES , T HE STREETS TH AT M A KE UP THIS STYLE VILL AGE RESTAUR A NTS A ND POP - UP SHOPS AT I F’ P IN C LUDE C A RN A BY S TREET , N E W BURGH S TREET , ca RN A BY . C O . UK . M A RSH A LL S TREET , G A NTON S TREET , K INGLY S TREET , M F OUBERT ’ S P L ac E , B E A K S TREET , B ROA D W IC K S TREET , M A RLBOROUGH C OURT , L O W NDES C OURT , G RE AT M A RLBOROUGH S TREET , L EXINGTON S TREET A ND THE VIBR A NT OPEN A IR C OURTYA RD , K INGLY C OURT . C A RN A BY IS LO caTED JUST MINUTES awaY FROM O XFORD C IR C US A ND P Icca DILLY C IR C US IN THE C ENTRE OF L ONDON ’ S W EST E ND . -
Rare Long-Let Freehold Investment Opportunity INVESTMENT SUMMARY
26 DEAN STREET LONDON W1 Rare Long-Let Freehold Investment Opportunity INVESTMENT SUMMARY • Freehold. • Prominently positioned restaurant and ancillary building fronting Dean Street, one of Soho’s premier addresses. • Soho is renowned for being London’s most vibrant and dynamic sub-market in the West End due to its unrivalled amenity provisions and evolutionary nature. • Restaurant and ancillary accommodation totalling 2,325 sq ft (216.1 sq m) arranged over basement, ground and three uppers floors. • Single let to Leoni’s Quo Vadis Limited until 25 December 2034 (14.1 years to expiry). • Home to Quo Vadis, a historic Soho private members club and restaurant, founded almost a 100 years ago. • Restaurant t/a Barrafina’s flagship London restaurant, which has retained its Michelin star since awarded in 2013. • Total passing rent £77,100 per annum, which reflects an average rent of £33.16 per sq ft. • Next open market rent review December 2020. • No VAT applicable. Offers are invited in excess of £2,325,000 (Two Million Three Hundred and Twenty-Five Thousand Pounds), subject to contract. Pricing at this level reflects a net initial yield of 3.12% (after allowing for purchaser’s costs of 6.35%) and a capital value of £1,000 per sq ft. Canary Wharf The Shard The City London Eye South Bank Covent Garden Charing Cross Holborn Trafalgar Square Leicester Square Tottenham Court Road 26 DEAN Leicester Square STREET Soho Square Gardens Tottenham Court Road Western Ticket Hall Oxford Street London West End LOCATION & SITUATION Soho has long cemented its reputation as the excellent. -
16/18 Beak Street Soho, London W1F 9RD Prime Soho Freehold
16/18 Beak Street Soho, London W1F 9RD Prime Soho Freehold INVESTMENT SUMMARY n Attractive, six storey period building occupying a highly prominent corner site. n Situated in a prime Soho position just off Regent Street, in direct proximity of Golden Square and Carnaby Street. n Double fronted restaurant with self contained, high specification, triple aspect offices above. n Total accommodation of 1,097.84 sq m (11,817 sq ft) with regular floorplates of approximately 1,700 sq ft over the upper floors. n Multi let to five tenants with 46% of the income secured against the undoubted covenant of Pizza Express on a new unbroken 15 year lease. n Total rent passing of £645,599 per annum. n Newly let restaurant, and reversionary offices, let off a low average base rent of less than £50 per sq ft. n Substantial freehold interest. n Multiple asset management opportunities to enhance value. n Seeking offers in excess of £12.85 million reflecting the following attractive yield profile and a capital value of £1,087 per sq ft: n Net Initial Yield: 4.75% n Equivalent Yield: 5.15% n Reversionary Yield: 5.30% T W STREE RET IM R RGA E MA P G OLE CAVENDISH E SQUARE N T S S TR T R TOTTENHAM E E E E E COURT ROAD T AC L T A P ST TT . G FORD STREET IL HENRIE OX E S HI GH ST. SOHO SQUARE P O OXFORD B LA E CIRCUS RW N EET R D C I FORD ST CK H OX S A T WA T RE STRE G R EE R I R R N . -
8-12 Broadwick Street
8-12 BROADWICK STREET 898 sq ft of contemporary loft-style office space on the 4th floor UNIQUE space 8-12 Broadwick Street is a unique office building in the heart of Soho. The available loft-style space is on the 4th floor and has been refurbished in a contemporary style. The office features a large central skylight, views over Soho and original timber flooring. The floor benefits from a demised WC and shower as well as a fitted kitchenette. SPECIFICATION • Loft-style offices with fantastic natural light • Original parquet timber flooring • Demised WC and shower • Perimeter trunking • New comfort cooling system • Refurbished entrance and common parts • Fitted kitchenette • Lift to 3rd floor • BT internet available 4th FLOOR PLAN 898 sq ft / 84 sq m Shower NORTH Kitchen CLICK HERE FOR VIRTUAL tour 360 BROADWICK STREET LOCATION Broadwick Street sits in an area of Soho famed for its record shops, markets and restaurant scene, with the iconic Carnaby Street an easy walking distance away. There are excellent transport links available, with Tottenham Court Road, Oxford Circus, Leicester Square and Piccadilly Circus within a 10-minute walk. Oxford Street Oxford Berwick Street Tottenham Court Road Circus BREWDOG Dean Street SOULCYCLE Noel Street Street Wardour Poland Street Poland Tenants will benefit from discounts from tens of Soho food, drink and fashion staples with the Soho NEIGHBOURHOOD London Soho Square TED’S Gin Club CARD. Neighbourhood Card holders are BLANCHETTE GROOMING CARNABY entitled to receive 10% off full price STREET D’Arblay Street merchandise, menus or services at Sheraton Street participating stores, restaurants, bars and cafés across Soho and Carnaby. -
91-92 Dean Street Emerging Proposals Consultation Questions & Answers
91-92 Dean Street Emerging Proposals Consultation Questions & Answers Hostel Questions Q: There are four new hotels being built in Soho (Wardour Q: How many guests will be resident in the hostel on any given Street, Poland Street, Berwick Street and Broadwick Street) - day? Why do we need another hotel in the area? A: These are emerging proposals but we anticipate that there will be A: It is important to note that we are not proposing a new hotel, or capacity for 750 - 830 sleepers. Based on a projected occupancy a new hostel, but a recasting of the existing facility which is a well- of 90% we will average 650+ guests in residence on a daily basis. established feature of the Soho panorama. Our concept will continue in the tradition of the existing Sohostel, offering a hostel style, shared accommodation experience. However rather than featuring the traditional rooms with bunk Q: The current hostel only has c300 spaces. How will the local beds, we will be featuring pod accommodation. Guests will sleep area cope with you doubling the capacity? in private pods based on single or double occupancy. The pod offers affordable accommodation with heightened security, A: The current hostel has 300 beds, our proposals increase this to hygiene as well as a quieter sleep experience. accommodate 750 - 830 sleepers. We anticipate that our guests will primarily arrive using public transport which we believe will have We believe our improved hostel concept with shared facilities and a positive impact on traffic and the environment. a more communal feel is more in keeping with the nature of Soho. -
Everything Goes in Soho
13 BATEMAN ST Put yourself at the centre. Four apartments of this exquisite quality and style Soho’s legendary social prowess is the key inspiration just don’t exist in Soho. They are rare; a prize for for the look and feel of the spaces. Layouts echo the the buyer that understands the importance of this area’s venerated bars, encouraging easy flow between location. They are immaculate; a showcase for different areas. Lighting is intelligently designed to modern design and spatial art. They are characterful; blend from day to night and to capture your mood, residences inspired by their eclectic address. And whatever it is. Integrated speakers take the music into they are state-of-the-art; their technology exists to every room. Materials and finishes chime with those seamlessly move with their residents. of the finest Soho establishments. Dean Street Townhouse 04 • 13 BATEMAN ST TOTTENHAM CT. RD. SO O 5 MINUTE WALK (Crossrail opening 2017) K L A W E T U N I M Your Soho Neighbourhood. 8 XFORD STREET Bateman Street is true Soho. O 11 It links Dean Street and Greek Street, crossing Frith street OXFORD CIRCUS 10 at its mid-point. It is fundamental to the grid that holds 09 Soho Square Gardens, Ronnie Scotts, Soho Theatre and 01 too many bars, restaurants, shops and services to name. CHARING CROSS RO DEAN ST H STREET 05 R E 10 ET GR T MARLBOROUG 02 GREA EEK STREET15 14 07 WAR DINING And DRINKING POINTS OF INTEREST 13 07 DOUR STREET 01 01 Dean Street Town House Soho Square 19 AD TEMAN STREET POL BERWICK STREET BA 02 02 12 C Barrafina Golden Square ARNABY STREET 04 AND STREET 03 Bocca Di Lupo 03 St Annes Churchyard 01 18 02 08 06 20 03 04 Social Eating House Gardens 16 01 FRIT 05 H 02 Bob Bob Richard STREET 14 06 Yauatcha 01 09 17 SHOPPING 03 07 Refuel Bar & Restaurant Soho Hotel 12 04 07 Carnaby Street ON STREET 08 China Town REGENT STREET 08 13 05 01 Cheap Monday 04 09 Bao LEX OLD COMPT INGT 02 Diesel 05 10 06 Bo drake ON STREET BEAK STREET 03 Scotch and Soda 03 11 Ham Yard 04 Vans 12 Bone Daddies 03 05 Dr. -
TCRW.SOHO Brochure Aug 20.Qxp
SOHO | APARTMENTS W1 WORLDCLASS APARTMENTS WEST END LONDON 1 SOHO | APARTMENTS W1 Highly specified studio, 1, 2 & 3 bedroom apartments Apartment layout and interior design concept by Nicola Fontanella of Argent Design Moments from Crossrail services linking the metropolis, London Heathrow and Canary Wharf Central to all of the Capital’s world renowned universities Exterior image is computer generated, facade detailing, balustrades and finishes may vary and are subject to change during design development programme. 3 BLOCK C BLOCK D OXFORD STREET 4 5 AN UNRIVALLED LOCATION THE HEART OF THE WEST END SOHO | APARTMENTS W1 6 7 ISLINGTON TCRW SOHO is not only a new landmark for luxurious living in the heart of London’s West End - it is a new focal point from which Average walking times include: residents can take a leisurely stroll to the Capital’s most revered shopping streets, its Crossrail Ticket Hall Liberty 7 mins fashion houses, bespoke master tailors and royal appointed jewellers. (Dean Street) 1 min Palladium 9 mins Soho Square Gardens 4 mins British Museum 10 mins It doesn’t get any better... it is simply London BLOOMSBURY Tottenham Court Road Regent Street 10 mins living at its finest. tube station 4 mins Shaftesbury Avenue 11 mins Dominion Theatre 5 mins Leicester Square 12 mins 1 Oxford Street 5 New Bond Street Charlotte Street Hotel 5 mins University of London 13 mins Marks & Spencer Asprey Sanderson Hotel 5 mins Covent Garden 18 mins Selfridges Bellstaff MARYLEBONE Debenhams Bonhams House of Fraser Burberry John Lewis Canali Topshop Cartier The Plaza Calvin Klein Chanel Dolce & Gabanna 2 Hermes THE WEST END Regent Street Louis Vuitton THE CITY Apple Store Ralph Lauren Liberty Hugo Boss Hamleys Sotheby’s 1000m 750m 500m 250m Burberry Fenwick Emporio Armani TOTTENHAM Mappin & Webb COURT RD WEST Aqua-Scutum Patek Philippe SOHO 6 Old Bond Street Alexander McQueen 3 Conduit Street Bottega Veneta Cartier COVENT DKNY CHINATOWN GARDEN East India Food Co. -
The Soho Portfolio Executive Summary the Soho Portfolio
THE SOHO PORTFOLIO EXECUTIVE SUMMARY THE SOHO PORTFOLIO • An exceptional opportunity to acquire a portfolio of properties in the heart of Soho. • Opportunities to actively asset manage a highly reversionary and prominent portfolio situated in Soho, London, W1. • The properties benefit from excellent communications, which will be substantially enhanced by the new Crossrail station at Tottenham Court Road. • ‘The Soho Portfolio’: 1 26 Frith Street, London, W1D 5LD TOTTENHAM COURT ROAD 2 33A Dean Street, London, W1D 4PP 3 37 & 38 Frith Street, London, W1D 5LJ / 24 Romilly Street, London, W1D 5AH (two freehold titles) 4 Ground floor & Basement, 30-31 Peter Street, London, OXFORD STREET W1F 0AP (long-leasehold) 5 First to Fourth floors, 30-31 Peter Street, London, W1F 0AP (including freehold title) 6 20 Great Chapel Street, London, W1F 8FW • Six freehold interests and one new 999 long-leasehold interest. • We are instructed to invite offers in excess of £14,450,000 for the portfolio, reflecting a combined average capital value of £955 per sq. ft. on the existing accommodation. • The properties are also available on an individual basis. 6 WARDOUR STREET CANARY WHARF CITY OF LONDON CENTRE POINT SHAFTESBURY AVENUE SOHO SQUARE 1 3 2 5 4 LOCATION THE SOHO PORTFOLIO Covering an area of approximately one square mile, Soho is one of London’s most iconic areas. Bounded by internationally renowned thoroughfares including Oxford Street and Regent Street, it is an integral part of the West End’s unique character. Soho has evolved to become the cultural centre of the West End. Its association with London’s fashion and entertainment culture has led to the area becoming a hub of creative and media based industries. -
AUTUMN 2019 Best Estate Agent in Central London &
NO. 174 THE CLARION CALL OF THE SOHO SOCIETY The Soho Society’s Free and yet Priceless Magazine AUTUMN 2019 Best Estate Agent in Central London & greaterlondonproperties.co.uk Soho Clarion Autumn 2019 Editorial 3 From Soho Society Chair Tim Lord The Club, Leo Damrosch 25 Book Review NEWS Our community updates inclduing licensing, planning, Tehran 4 police and messages from Soho Councillors 26 David Gleeson Thank You for the Soho Fete FEATURES 28 Photographs from the 45th Soho Fete Bar Italia 70 Years On 10 Jane Doyle speaks to Anthony Polledri Simon Buckley 30 A message from St Anne’s Church Berenjak 12 Restaurant Review St Anne’s Day 31 Hugh Morgan Walking 13 Reminiscences from Soho’s past 20th Century Fox 32 A history School Garden & Food Feast 14 An update from the parish school Map 34 The Soho Society’s preferred providers Keeping Soho Special 20 The Soho Society’s preferred providers The 43 Club 35 Celebrating Kate Meyrick Theatre, Museums & Galleries 21 A roundup from Jim Cooke 40 Years Ago Today 36 The Soho Clarion, 1979 Soho Swap Shop 22 Lucy Haine RECIPE Tomato Chutney When Soho Lost It’s Louche 15 The Soho Bakers Club 23 Poet Jo Reed INTERVIEW Last Week on Berwick Street Colin Vaines 24 Steve Head 16 Film producer and long time Soho resident Cover image (repeated on page 32): Jenn Lambert @sohosketchbook THE SOHO SOCIETY St Anne’s Tower, 55 Dean Street, London W1D 6AF | Tel no: 0300 302 1301 [email protected] | Twitter: @sohosocietyw1 Facebook: The Soho Society | www.thesohosociety.org.uk CONTRIBUTORS Tim Lord | Jane -
14 Meard Street with Royalty Mansions + 8
8 – 14 MEARD STREET WITH ROYALTY MANSIONS + 8 RICHMOND MEWS LONDON 1 The first occupants of the newly created Meard Street in 1732 included a harpsichord maker, a Reverend, a writer, a painter, a composer and a drunk. It seems as though Meard Street has always attracted eclectic and artistic residents 2 Executive Summary > 0.22 acre property with development potential in the heart of Soho in Central London > Benefits from a 25 metre frontage onto the part- pedestrian Meard Street, as well as vehicular access to the rear at Richmond Mews > Provides an excellent opportunity for either refurbishment, extension or redevelopment subject to obtaining the necessary consents > The property comprises three parts totalling 24,567 sq ft NIA and 32,008 sq ft GIA, arranged as follows: 8 – 14 Meard Street - Freehold - Light industrial, office and ancillary B1(c) use totalling 13,275 sq ft NIA and 19,937 sq ft GIA. - Vacant possession in December 2016. Royalty Mansions – Freehold - Residential uppers of 8 - 14 Meard Street, comprising 12 apartments accessed from Meard Street, totalling 8,869 sq ft NSA and 9,224 sq ft GIA (estimated). - Leased to Soho Housing Association expiring December 2026. 8 Richmond Mews – Leasehold - Light industrial, office and ancillary B1(c) use totalling 2,423 sq ft NIA and 2,847 sq ft GIA. - Vacant possession in December 2016 > Seeking offers inexcess of £20 million, subject to contract. 5 4 British Museum Tottenham Court Road THE PROPERTY The City Piccadilly Circus London Bridge Waterloo Oxford Street Soho Square Covent Garden 7 6 The Property Location Meard Street is part-pedestrianised and connects Wardour Street and Dean Street in REGENT STREET bustling Soho. -
Seventysix Wardour Soho / London Seventysix Wardour Soho / London
SEVENTYSIX WARDOUR SOHO / LONDON SEVENTYSIX WARDOUR SOHO / LONDON THE OPPORTUNITY 2 SOHO – THE LOCATION 4 SOHO – THE CENTRAL VILLAGE 10 SOHO – NEIGHBOURS 12 EVOLVING SOHO 14 SOHO – COMMUNICATIONS & CROSSRAIL 16 THE BUILDING 18 THE BUILDING – OFFICE 22 THE BUILDING – RETAIL & RESTAURANTS 24 ACCOMMODATION & FLOORPLANS 26 SUMMARY SPECIFICATION 30 TENURE & TENANCY 32 COVENANTS 34 MARKET COMMENTARY 36 MORE INFORMATION 38 THE OPPORTUNITY INVESTMENT HIGHLIGHTS – HIGHLY REVERSIONARY MIXED-USE MULTI-LET INVESTMENT – HIGHLY VALUABLE A3 LATE LICENSE IN CENTRAL LONDON OPPORTUNITY – BREEAM RATING ‘VERY GOOD’ – FREEHOLD – FULLY LET TO A DIVERSE TENANT BASE PRODUCING A RENTAL – PROMINENT CORNER BUILDING FRONTING WARDOUR STREET INCOME OF £3,346,405 PER ANNUM (INCLUDING A VENDOR TOP AND MEARD STREET IN THE HEART OF SOHO UP OF THE FIXED UPLIFT ON SECOND FLOOR) – LESS THAN FIVE MINUTES WALK FROM THE NEW ELIZABETH – 68% OF INCOME FROM OFFICE ACCOMMODATION, 32% FROM LINE (CROSSRAIL) WESTERN TICKET HALL ON DEAN STREET RESTAURANT AND RETAIL UNITS – SOHO HAS THE FINEST AMENITY PROVISION IN CENTRAL LONDON – GRADE A OFFICE RENTS IN SOHO HAVE RECENTLY ACHIEVED £102.50 PSF COMPARED WITH THE AVERAGE PASSING RENT ACROSS – AREA SET TO FURTHER BENEFIT UPON THE DELIVERY OF THE WEST THE OFFICE SPACE OF £69.59 PSF (BASED ON VENDOR TOP-UP) END PROJECT – OPPORTUNITY TO REALISE A SIGNIFICANT INCREASE IN RENTAL – PROPERTY PROVIDES A TOTAL OF 51,136 SQ FT (4,750.6 SQ M) OF INCOME ACROSS THE GROUND FLOOR A3 UNITS WITH CURRENT OFFICE, RETAIL AND RESTAURANT ACCOMMODATION LET TO