3-6 Spring Place Kentish Town, London Nw5
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3-6 SPRING PLACE KENTISH TOWN, LONDON NW5 EXISTING INDUSTRIAL WORKSHOP WITH NEW OFFICE CONSENT IN THE HEART OF KENTISH TOWN 2 3-6 SPRING PLACE 3 CONSENTED LANDMARK OFFICE SCHEME IN THE HEART OF KENTISH TOWN. Development Summary Planning consent for Piercy & Company designed scheme to provide 35,061 sq ft (3,257.3 sq m) NIA of Grade A flexible work space including restaurant/café & kitchen accommodation. Underdeveloped site of approximately 0.48 acres (0.19 hectares). Potential to refurbish existing B2 industrial accommodation. Sold with the benefit of vacant possession. Existing site totals 20,546 sq ft (1,908.79 sq m) GIA of B2 industrial accommodation. 5 minute walk from Kentish Town Station. Located close to Camden Town & King’s Cross. Local occupiers include MTV, Getty Images, French Connection & Hugo Boss. Close to all the local amenities on Kentish Town Road. Virtual freehold for a term of 946 years unexpired at a peppercorn. Offers in excess of £10,000,000. Capital Value of £285 per sq ft on the consented floor areas and £486 per sq ft on the existing floor areas. 4 5 KENTISH CIT Y OF KING’S ST PANCRAS TOWN CAMDEN REGENT’S CAMDEN REGENT’S LONDON CROSS INTERNATIONAL ROAD TOWN PLACE MARKET PARK KENTISH TOWN REGIS ROAD GROWTH AREA. CAMDEN COUNCIL IS PROMOTING THIS INDUSTRIAL AREA FOR MIXED USE EMPLOYMENT-LED REDEVELOPMENT K E N T I S H U PS ROYAL MAIL TOWN DEPOT DELIVERY OFFICE 6 3-6 SPRING PLACE 7 MTV HQ KENTISH TOWN AND NEIGHBOURING CAMDEN HAVE BECOME ESTABLISHED OFFICE LOCATIONS OFFERING Chicken Shop COST EFFECTIVE ALTERNATIVES TO THE TRADITIONAL CENTRAL LONDON SUB-MARKETS KOKO Camden Saint Espresso & Kitchen Kentish Town is located in the London Borough of Camden approximately 3.2km (2 miles) north of the West End, 4.7 km (2.9 miles) north-west of the City and less than 2.4km (1.5 miles) north-west of King’s Cross, one of Europe’s Largest urban regeneration projects. Parliament Hill The property is situated in the heart of Kentish Town on the western side of Spring Place at the junction with Holmes Road. Kentish Town and neighbouring Camden have become established office locations offering cost effective alternatives to the traditional Central London sub-markets. The area is considered one of London’s major creative media and advertising hubs. Its strong business reputation has drawn companies such as software consultancies, advertising firms, publishing houses, TV, radio, fashion houses, news and media, making it an integral part of the Soho-Clerkenwell media triangle. Local occupiers include MTV, Sheppard Robson, Hugo Boss, French Connection, Warner Bros, ASOS and Getty Images. A growing resident population in Kentish Town has led to an improving retail and leisure provision with new operators such as The Bull & Last, Pizza East Kentish Town and The Oxford Tavern located moments away Hugo Boss + French Connection HQ German Gymnasium Camden Lock Location from 3-6 Spring Place on Kentish Town Road. 8 3-6 SPRING PLACE 9 1 11 12 Entertainment Restaurants And Bars 1 Camden Lock Market 1 The Grafton 13 A GROWING AND 2 Camden Stables Market 2 Wahaca Kentish Town 3 Koko 3 German Gymnasium Kentish Town DEMOGRAPHICALLY 4 Jazz Café 4 Shaka Zulu 5 9 2 5 Roundhouse 5 The Blues Kitchen 15 CHANGING POPULATION 11 10 6 London Zoo 6 Whole Foods 5 14 4 7 Caravan Fashion 8 Dishoom King’s Cross 9 Beef & Brew 6 1 ASOS BELSIZE 10 The Oxford Tavern 4 2 Whistles PARK KENTISH 11 Café Renoir 1 3 Hugo Boss TOWN 12 Chicken Shop Wales Road Kentish Town 4 French Connection Prince Of 13 Pizza East West 5 Ted Baker 14 Saint Espresso & Kitchen 5 6 Oliver Sweeney 15 Camden’s Daughter ad R Ro o y n al ad Media o R Adelaide Road Chalk ow Co n Culture T lle e Farm C g ha e md 1 Viacom lk St a F C a ntish 1 Sheppard Robson r 5 m R 2 Associated Press R oa d Ke oa d ey l 2 The Open University w 3 Hat Trick Ha 3 University Of The Arts 4 Outfront Media 2 4 Collège Français Bilingue 5 Young & Rubicam Camden Road 2 1 4 De Londres 1 6 WPP Y 5 Spring Studios o 4 r 7 Frank PR 2 k 1 W 6 The Francis Crick Institute 3 RE 3 a 8 Havas y C GENT’S 7 The British Library CAMDEN am 7 PRIMROSE 6 4 9 Getty Images de 8 Central St Martins Primrose Hill n 10 Condé Nast HILL St CA Camden Town r e e NA 11 Rankin Photography t Health and Wellness L 4 9 St Pancras King’s 3 10 International Cross Technology 1 Parliament Hill 6 C am d oa t R d 2 Regent’s Park er e Alb 1 n 1 REIX Group ce rin H 8 P i 3 Fitness First 5 gh 5 2 Google S t 4 Kentish Town Sports Centre r e 8 3 Vodafone et 3 ad o 5 Kentish Town Pilates Studio R 4 YouTube Space London 6 7 n o 6 Triyoga Camden 3 i n 5 Autograph Sound Mornington Pa n o cr d Crescent 3 a le s Ro a C a d 2 Y 8 o r P k a W n 5 c 4 a r E KING’S a y ve REGENT’S 1 2 s 6 r R s 6 ho o CROSS a 3 d PARK lt S t r e 2 e t H a m p s t e a d R 7 o a d Euston d oa R on st Eu 10 3-6 SPRING PLACE 11 KENTISH TOWN & KENTISH UNRIVALLED DOMESTIC AND TOWN WEST STATIONS INTERNATIONAL TRANSPORT WITHIN A 5 MINUTE WALK LINKS FROM KING’S CROSS ST PANCRAS INTERNATIONAL Kentish Town Connectivity 7 mins to Euston 9 mins to King’s Cross/ King’s Cross & St Pancras International s St Pancras Int s n s s i n n i i n i m One of Europe’s best connected transport hubs. m m m + 5 0 0 5 1 1 2 Six London underground lines (Circle, Leeds Hammersmith & City, Metropolitan, Northern, 1 hr 46 mins Piccadilly & Victoria). Kentish Town West Manchester 27 Mins to Stratford Access to three main rail services including; 1 hr 8 mins Birmingham Camden Road East Coast Main Line, Midland Mainline and 49 mins 25 Mins to Stratford Thameslink rail services. Amsterdam 3 hr 41 mins High speed Eurostar services to other major London Chalk Farm European cities including Paris and Brussels. Cologne 8 mins to Euston 4 hr 28 mins 10 mins to King’s Cross/ St Pancras Int King’s Cross/ High Speed 2 (HS2) Lille Brussels 1 hr 22 mins St Pancras Int 1 hr 48 mins High speed 2 (HS2) is a planned high-speed Camden Town National Rail services to The North, Eurostar services inter-city rail network. 3 mins to Euston to Europe and a mojor Paris 6 mins to King’s Cross/ London Underground hub. 2 hr 15 mins St Pancras Int Vastly reduced journey times across a number of the UK’s major cities, including Birmingham, Leeds and Manchester. Journey times from King’s Cross: The first phase proposes to link London with Birmingham. The second phase will bring two Lyon 4 hr 55 mins Heathrow Bond Paddington King’s Cross London Canary London thirds of the population of Northern England Airport Street St.Pancras Int Bridge Wharf City Airport within two hours of the capital by extending Bordeaux further north to Manchester and Leeds. 5 hr 16 mins Avignon 55 13 12 11 23 23 5 hr 14 mins Euston to Birmingham in just 49 minutes. Montpellier Marseille 6 hr 14 mins Crossrail 2 6 hr 13 mins Bakerloo Central Circle District DLR Hammersmith & City Jubilee Construction of Crossrail 2 will begin between Metropolitan Northern Piccadilly Victoria 2021 and 2022 where Euston will be a major interchange HS2 12 3-6 SPRING PLACE 13 THE EXISTING VACANT SITE TOTALS 20,546 SQ FT (1,908.79 SQ M) GIA OF B2 INDUSTRIAL ACCOMMODATION Description Comprises a single-storey (double height) brick warehouse building. The building fronts onto Spring Place with multiple vehicle and pedestrian accesses along this frontage. OSE V CL i DYARD a WOO d u G c I t L L I 3-6 SPRING PLACE E S S T R E E T 14 REET IC ST ARCT S P R I N G P L A C E G R A F T O N R O A D V i a 15 d u c t WARDEN ROAD Planning WARDEN ROAD Located in the London Borough of Camden in the Gospel Oak, Kentish Town Ward. The property does not lie within a designated conservation area nor is it listed or identified as a building of architectural merit. ATHLONE STREET ATHLONE STREET Not to scale. For identification purposes only. This plan is based upon the Ordnance Survey Map with the sanction of the controller of H.M. Stationery Office. Crown Copyright reserved. C A T H C A R T Tenancy S T Sold with the benefit of full vacant possession. WILKIN STREET W I L K I TenureN S T R E E T M VirtualE freehold for a term of 946 years unexpired W G S R at a peppercorn. Further details are available on A F T request. O N R O W A I L D L E S R O A D R Y L A N D R O A D S EW M LE AB ST PERREN S TREET 16 3-6 SPRING PLACE 17 Second Floor Proposed Floor Plans First Floor Planning permission was granted by the London Borough of Camden on 21 December 2017 (under reference 2016/5181/P) for the demolition of existing buildings and structures and the development of a part-six and part-two storey building comprising office (Class B1) at ground and upper floors; café (Class A3) and flexible event space (Sui Generis) at ground floor and associated works.