OFFICE LED, MIXED USE DEVELOPMENT OR REFURBISHMENT OPPORTUNITY CGI OF CONSENTED SCHEME
EXECUTIVE SUMMARY
AN OPPORTUNITY TO ACQUIRE AND DEVELOP A FREEHOLD SITE WITHIN THE HEART OF ISLINGTON AND IN CLOSE PROXIMITY TO ANGEL TUBE STATION, WHICH WILL BE OF SIGNIFICANT INTEREST TO DEVELOPERS, INVESTORS AND OWNER OCCUPIERS.
Freehold
Well connected tube with Angel, which will benefit from Crossrail 2, and Old Street
Located within a vibrant and exciting ‘tech belt’, 400 metres south of Angel Underground station, with a unique offering of leisure, retail and social opportunities
The property currently comprises approximately 22,364 sq ft (GIA) and 18,281 sq ft (NIA) of office accommodation over ground, first, second, third, fourth and fifth floors
Offered with vacant possession
Planning permission granted for a new build mixed use scheme comprising a total 33,056 sq ft (NIA) of office space, and 4,908 sq ft (NSA) of residential accommodation across 8 units
The total consented area is 37,964 sq ft (NIA) / 44,530 sq ft (GIA)
Offers invited, subject to contract and exclusive of VAT
An interactive video offering outstanding views of the surrounding area and clearly illustrating how the proposed development will sit within this unique location is available in the dataroom
3 2 CGI OF PROPOSED 328 CITY ROAD
4 5 THE CITY THE ST FARRINGDON CLUSTER SHARD PAUL’S
LIVERPOOL STREET
OLD STREET PROPOSED ANGEL BARBICAN KINGS CROSS ⟶ CROSSRAIL 2
6 7 ALMEIDA THEATRE N E
L E
I R V SCREEN G
E ON THE R N GREEN O P T
O G I N O O2 L S
L ACADEMY I
S ISLINGTON UPPER STREET
GRANARY T
SQUARE R E
E CAMDEN T PASSAGE
ANGEL LOCATION CENTRAL
328 CITY ROAD & 7-8 WAKLEY STREET IS PANCRAS SQUARE
STRATEGICALLY LOCATED WITHIN EC1, ONE ANGEL P 6 mins S
OF CENTRAL LONDON’S MOST EXCITING A H N E P C H SUB-MARKETS R KINGS CROSS PENTONVILLE ROAD 20 mins E A RD S C
R E O T S S A Y S D E ITY L W K RO A AD A W ST PANCRAS L
K E
A
S T
R S A
T O
EUSTON ROAD
J G D O SADLER’S O H S 14 mins N WELLS W
THEATRE S The property is positioned within an island block bounded E
T L by City Road to the north, Goswell Road to the south, R L
E R
E O Wakley Street to the east and Hall Street to the west. T G A
R D
A The property’s location provides easy access to some
Y
’
S OLD STREET of London’s most popular districts, including Angel and
I N S T K E Finsbury to the north, Clerkenwell and Farringdon to the N R E I N ST
F N L
A VA R E CI R R south, and Shoreditch and Hoxton to the east. ER O R S P T I R E E T
A N O G D
D EXMOUTH
O The property sits within the rapidly expanding “tech N MARKET
R T E belt” formed by the exciting submarkets of Kings Cross, E O R T S A D
D L O Farringdon, Clerkenwell and Old Street. The site has S E
T
U
exceptional public transport links with Angel Underground N B C E
U I RUSSELL V J T Station (Northern Line) situated approximately 0.2 miles O N A Y H H
SQUARE Y N I to the north west of the site, providing direct access R R L
O E L
ST JOHN’S A B
into Bank in approximately 6 minutes and King’s Cross in R
D E SQUARE O
S S D W A approximately 7 minutes. Old Street Station (Northern Line T O O R
R L L R W E E N L E R K E and National Rail services) is situated 0.7 miles to the south C
E
T
east of the site.
The immediate surrounding area boasts a high level of
G
R
amenities, with the vibrant Old Street area just 15 minutes’ A FARRINGDON
F
BARBICAN Y A
A D A ’ R walk away. In vicinity to the property, Islington High Street R O S L M R D
’ S O I I D E
N CHARTER O offers an eclectic assortment of retail, bars and other social A L N R B N
O G HOUSE R S
E D G H G amenities including the Sadler’s Wells Theatre, O2 Academy T R SQUARE
O O A A
N T
A T Islington, Almeida Theatre, Screen On The Green and E
D E R
Islington Central. This location has made it one of the most O S
T A exciting and appealing locations in which to live, work and CHANCERY D
socialise. LANE HOLBORN MOORGATE
L O N D ON WA L L
H O LB L O O R N VI AD U C T
NE W G A F T E A S TR R E ET R
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8 9
10 11 GROUND FLOOR 7–8 Wakley Street: 601 sq ft CURRENT ACCOMMODATION 328 City Road: 476 sq ft Central Building: 9,220 sq ft Total: 10,297 sq ft THE EXISTING OFFICE BUILDING EXTENDS TO APPROXIMATELY 18,281 SQ FT (NIA) AND COMPRISES THREE INTERCONNECTED ELEMENTS OF VARYING HEIGHTS; 7-8 WAKLEY STREET IS ARRANGED OVER GROUND TO 2ND FLOOR, 328 CITY ROAD IS ARRANGED OVER GROUND TO 5TH FLOOR AND THE CENTRAL BUILDING IS ARRANGED OVER LOWER GROUND TO 1ST FLOOR.
The building shares a predominantly brick facade, with part rendering, in keeping with the aesthetic of the neighbouring buildings. 1ST FLOOR 7–8 Wakley Street: 1,510 sq ft No part of the property is listed, however 328 City Road sits within the Duncan Terrace / Colebrook Row Conservation Area. 328 City Road: 506 sq ft Central Building: 1,932 sq ft Total: 3,948 sq ft
The property has been independently measured by Sterling Temple in accordance with the RICS Code of Measuring Practices (6th edition) and comprises the following approximate areas.
7-8 WAKLEY STREET NIA sq ft GIA sq ft 2nd Floor 1,489 1,683 2ND FLOOR 1st Floor 1,510 1,687 7–8 Wakley Street: 1,489 sq ft Ground Floor 601 1,028 328 City Road: 532 sq ft Total 3,600 4,398 Total: 2,021 sq ft 328 CITY ROAD NIA sq ft GIA sq ft 5th Floor 490 698 4th Floor 421 682 3rd Floor 540 672 2nd Floor 532 661 1st Floor 506 635 Ground Floor 476 533 Ground Floor Reception 33 - TYPICAL FLOOR (3RD-5TH) Total 2,998 3,881 328 City Road
CENTRAL BUILDING 3rd floor: 540 sq ft NIA sq ft GIA sq ft 4th floor: 421 sq ft 1st Floor 1,932 2,107 5th floor: 490 sq ft Ground Floor 9,220 11,449 Lower Ground Floor 531 531 Total 11,683 14,086 Grand Total 18,281 22,364 *All areas are sq ft NIA
Central Building 7–8 Wakley Street 328 City Road 12 13 14 15 CGI OF CONSENTED SCHEME
PLANNING & CONSENTED SCHEME
THE SITE HAS PLANNING PERMISSION (APPLICATION REFERENCE: P2018/0429/FUL) GRANTED FOR THE DEMOLITION OF THE EXISTING BUILDINGS AND THE ERECTION OF A MIXED-USE, COMMERCIAL-LED, REDEVELOPMENT SCHEME THAT PROVIDES A TOTAL OF 33,056 SQ FT (NIA) OF OFFICE ACCOMMODATION WITH A SMALL PROPORTION OF BASEMENT SPACE AND 8 SELF-CONTAINED RESIDENTIAL APARTMENTS PROVIDING A TOTAL OF 4,908 SQ FT (NSA) OF RESIDENTIAL ACCOMMODATION.
The consented development comprises the following: OFFICE – MAIN BLOCK Floor Use NIA sq ft GIA sq ft Fourth Offices 1,830 2,282 Third Offices 3,078 3,509 Second Offices 3,380 3,810 First Offices 7,438 8,051 Ground Offices 13,261 14,068 Total 28,987 31,721 OFFICE – CITY ROAD Floor Use NIA sq ft GIA sq ft Fourth Offices 797 1,066 Third Offices 797 1,066 Second Offices 797 1,066 First Offices 797 1,066 Ground Offices 0 0 Basement Offices 883 1335 Total 4,069 5,597 *Basement includes cycle storage 33,056 RESIDENTIAL – WAKLEY STREET Floor Use NSA sq ft GIA sq ft Fourth Residential 538 1,389 Fourth Residential 538 Third Residential 549 1,561 Third Residential 678 Second Residential 549 1,561 Second Residential 678 First Residential 624 1,711 First Residential 753 Ground Storage 0 990 Total 4,908 7,212 Overall Total 37,964 44,530 DetailedDetailed ininformationformation isis providedprovided withinwithin thethe 20182018 GGMLML AArchitectsrchitects DeDesignsign & AAccessccess StStatementatement (a(availablevailable inin thethe datadata room).room).
16 17 CONSENTED SCHEME - PROPOSED CENTRAL MAIN BLOCK CENTRAL MAINBLOCK & WAKLEY STREET BLOCK PLANS
CITY ROAD The residential block will be constructed on the Wakley Street frontage by MAIN OFFICE way of a 5-storey infill extension. The residential element of the proposed ENTRANCE development promises to deliver high quality accommodation whilst retaining the unique period features of the surrounding buildings, utilising materials that are sympathetic to the architecture of the surrounding area.
The accommodation will comprise of 5 x 1 bedroom units and 3 x 2 bedroom units, with all apartments being dual aspect and including private amenity space. There is a dedicated entrance lobby directly accessed from Wakley Street which allows access to the stair core, lift and bicycle storage.
The commercial element of the scheme is divided between two elements; a 5-storey (plus basement) block fronting City Road and a larger 5-storey block within the centre of the development.
The main access to the office space is provided from City Road with a secondary access on Wakley Street next to the residential entrance. The City Road block incorporates a reception and lobby area at ground floor, office space within the 1st to 4th floors and plant / bicycle storage within the basement.
The main block within the centre of the development will provide the bulk of the scheme’s office accommodation arranged over ground to 4th floors and benefits from approximately 3,272 sq ft of external terrace space at ground, 2nd and 4th floors.
FIRST FLOOR SECOND FLOOR TERRACE
PROPOSED GROUND FLOOR
TERRACE
WAKLEY STREET RESIDENTIAL ENTRANCE
THIRD FLOOR FOURTH FLOOR
TERRACE 18 19 PROPOSED FLOOR PLANS - PROPOSED FLOOR PLANS - CITY ROAD WAKLEY STREET
PROPOSED CITY ROAD BLOCK PLANS
1 Bed
2 Bed
GROUND FLOOR FIRST FLOOR
1 Bed
1 Bed
2 Bed 1 Bed
BASEMENT GROUND FLOOR FIRST FLOOR SECOND & THIRD FLOORS FOURTH FLOOR
20 21 7-8 WAKLEY STREET REFURBISHMENT NIA sq ft 4th Floor 1,042 & EXTENSION 3rd Floor 1,489 2nd Floor 1,489 POTENTIAL 1st Floor 1,510 Ground Floor 601 Total 6,131
An architect feasibility study has found that the existing 328 CITY ROAD floor areas can be enhanced to provide an additional NIA sq ft couple of floors (subject to planning consent agreed and 5th Floor 490 permission granted). Potential for the net internal area to 4th Floor 421 grow by increasing the current offering to incorporate 3rd Floor 540 a double layer of new accommodation. This provides an 2nd Floor 532 alternative business plan option to the demolition of the 1st Floor 506 building for the prospective purchaser. Ground Floor 476 The plans are only indicative at this stage but provided on Total 2,965 the right is an approximate indication of how a potential refurbishment and extension scheme could increase the CENTRAL BUILDING net area. NIA sq ft 2nd Floor 3,283 1st Floor 6,356 Ground Floor 9,220 Lower Ground Floor 531 Total 19,390 NIA Overall Total (sq ft) 28,486 UPPER GROUND FLOOR SECOND FLOOR
Provided below in the blue are areas of potential new build extension accommodation.
22 23 CGI OF CONSENTED SCHEME – 328 CITY ROAD
S106 & CIL CONTRIBUTION The Section 106 Agreement is due to be completed and signed imminently, and we detail proposed contributions and obligations as follows
Affordable Housing: £60,000 per unit (£480,000) Employment & Training: £18,430 Carbon Offset: £70,958 Parking: £8,000 Construction & Design Management: £2,072 (tbc) Provision of two 710 sq ft micro workspace units which would be offered at a maximum of 50% of market rent for a period of 7 years and 6 months and would be permanently retained as micro workspace units thereafter
CIL Crossrail deductions (£178,000) £450,000 (incorporates the above)
All planning documentation including the approved drawings, associated reports / assessments, Section 106 Agreement and Committee Report can be viewed in the data room. Total planning gain payments: £1,029,460
24 25 RESIDENTIAL MARKET COMMENTARY 1 2 3
THE SITE FALLS WITHIN THE NORTHERN SECTOR OF LONDON’S MID CITY REGION WHICH IS THE CENTRAL RESIDENTIAL LOCATION SITTING BETWEEN THE WEST END, THE CITY, SOUTH BANK AND KINGS CROSS. THE AREA IS QUICKLY BECOMING A FOCAL POINT FOR RESIDENTIAL DEVELOPMENT, WITH THE EIGHT LARGEST SCHEMES THAT ARE CURRENTLY UNDER CONSTRUCTION OR IN THE PIPELINE, DELIVERING OVER 2,000 PRIVATE UNITS.
JOHN STREET, WC1N KING’S CROSS QUARTER, N1 250 CITY ROAD, EC1V
Due to the area’s close proximity to the technology, media, Average residential property values in Mid City have John Street is an elegant period King’s Cross Quarter is a development Arranged over 42 floors and offering legal and financial hubs there is a wealth of economic outperformed prime central London in the last three years, development of eight generously comprising 119 luxury apartments luxurious one, two and three bedroom diversity, with large numbers of home-owners and renters with average resale prices climbing 121% since 2007. proportioned apartments finished to a consisting of 1, 2 & 3 bed apartments. apartments and penthouses, the working in these core markets. This area is also home to Forecasts predict a price growth of around 13% between high specification. The scheme offers residents’-only gym, spectacular Carrara Tower will form three of the UK’s top ten-ranked universities and there is 2018 and 2022. pool, spa and concierge facilities. the first phase at 250 City Road. strong demand from an international student population. (Source – Knight Frank Residential Research) Completion late 2018 Under construction Under construction Est. £psf: 1,800 Est. £psf: £1,650 + Est. £psf: 1,400
ALMEIDA THEATRE N E L 4 E I R V SCREEN G
E ON THE R N GREEN O P T
O G I N O O2 L S
L ACADEMY I
S ISLINGTON UPPER STREET
GRANARY T
SQUARE R E
E CAMDEN 4 5 6 T PASSAGE
ANGEL CENTRAL
PANCRAS SQUARE 5
P 2 S A ANGEL H N E P C ILLE ROAD H R KINGS CROSS PENTONV E A RD S C
R E O S
A S D ITY
W RO 6 AD A
ST PANCRAS L
K
E A
S
S T
T R
J G 3 A O SADLER’S O O H
S D N WELLS W
THEATRE S E ISLINGTON SQUARE, N1 PENTONVILLE ROAD, N1 CANALETTO, EC1 T L
R L
E R
E O
T G A
R D
A
Y
’
S OLD STREET Islington Square is a mixed-use The Claremont is a boutique Canaletto is 31 storey residential tower
I N S T K E N R E I N ST F L development that will house 185 N
apartment development opposite and the building sits at the crossroads A VA R E CI R R ER O R S P T I R E E T
A N
G residential units in addition to new D Claremont Square, and comprises a of Islington, City, Shoreditch and D EXMOUTH
O
N MARKET
public realm, shops restaurant, a new
R T E E mixture of 1, 2 & 3 bed apartments. Clerkenwell. O R T S A D
D L S O Third Space heath club and a cinema. E
T U Each apartment benefits from a large
N B C E
U I RUSSELL V J T O N south facing terrace. A Y H H
SQUARE Y N I R R L
O E L
ST JOHN’S A B
R
D E SQUARE O Under construction Under construction Complete
S S D W A T O O R
R L L R W E E N L E R K E C
E
T Est. £psf: £1,500 Est. £psf: 1,350 Est. £psf: 1,350
1
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R A
A L
M Y
D O ’ FARRINGDON E S
O
BARBICAN R
D I R A S
O N G R G
S N ’ A D A
L CHARTER R T B A T
O HOUSE E E O E H A SQUARE T S D
T
26 27 OCCUPATIONAL MARKET
SHOREDITCH & CLERKENWELL TAKE-UP TOTALLED 257,999 SQ FT IN THE SECOND QUARTER SHOREDITCH / CLERKENWELL PRIME RENTS OF 2018, 15% ABOVE THE 225,000 SQ FT RECORDED IN THE FIRST QUARTER OF 2018.
DEMAND LEVELS ARE NOW 12% ABOVE THE LONG-TERM AVERAGE. £80.00
The property sits on the boundary of 1 2 £70.00 a number of submarkets such as Kings Cross, Farringdon and Clerkenwell all £60.00 of which have seen profound rental growth in recent years. £50.00
Total active demand in the wider City £40.00 market increased by 7% quarter-on- per sq ft quarter from 4.3 m sq ft in Q1 to 4.6 £30.00 m sq ft in Q2. Levels are now £20.00 12% above the long-term average of
4.1 m sq ft. £10.00
(Source – Knight Frank Commercial Research) 201-203 CITY RD, EC1 160 OLD ST, EC1 £0.00 Date: Q1 2018 Date: Q4 2017 1991 1997 1993 1995 1996 1999 1994 1992 1998 1989 2011 2017 2013 1990 2015 2016 2014 2012 2001 2010 2007 2003 2005 2006 2009 2004 2002 2008 2000
Status: Let Status: Let Q2 2018 Area (sq ft): 1,820 Area (sq ft): 99,799 Rent (psf): £55.00 Rent (psf): £59.50 Floor: 2nd Floor: LG – 3rd
Amenities: Recently refurbished to Amenities: Modern high spec Grade A
provide media style accommodation in office building. BREEAM ‘Excellent’. ANGEL SH
E
a warehouse building. P PENTONVILLE ROAD H
E
RD
3 4 5 E S
S
CI
W TY
R A OA
D L
K
E A
S
S T
T 1 R
J G A O
O O
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S D N W
S E
T L
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OLD STREET
S T K E R E I N ST
F N L
A E CIVA R R ER R S P T I R E E T
N
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D EXMOUTH 32 GREAT SUTTON ST, EC1 24 CHISWELL STREET, EC1 EPWORTH HOUSE, 25 CITY
O
N MARKET
R T ROAD, EC1 E E O R T S A D 2 D L
S O E
T Date: Date: Date: U Q3 2017 Q4 2018 Q2 2018
N B C E
U I V J T Status: Status: Status: N Let Let Let O A 3 Y H H
Y N I R R L
O Area (sq ft): Area (sq ft): Area (sq ft): L E 5 1,800 6,981 9,139
ST JOHN’S A B
R
D E SQUARE O
S S D W Rent (psf): Rent (psf): Rent (psf): A £55.00 £57.50 £60.21 T O O R
R L L R W E E N L E R K E C
E
Floor: Floor: Floor: 6th LG – 3rd 4th T
Amentities: Amentities: Comprehensively Prominent postion at the Amenities: G
Open plan Clerkenwell style
R A
A L refurbished and enjoys excellent views junction of City Road & Epworth Street. 4 M Y office space with timber floors, good D ’ O
FARRINGDON E
S O
BARBICAN R
over the HAC ground with car parking Art deco inspired refurbishment with a I R natural daylight, modern light fittings, S
N G
G
N A
new pentthouse flat with roof terrace. A
CHARTER kitchen area and demised W/C’s. T R T
O HOUSE E E
A SQUARE S D
T
28 29 INVESTMENT COMPARABLES
DEMAND FOR INVESTMENT OPPORTUNITIES IN THESE LOCATIONS CONTINUES TO OUTSTRIP SUPPLY. THE EXAMPLES BELOW OUTLINE SOME RECENT INVESTMENT DEALS WHERE IN SOME CASES, CAPITAL VALUES HAVE BEEN WAY IN EXCESS OF £750 PER SQ FT. MOST RECENTLY IN EXCESS OF £1,000 PER SQ FT AT THE ADJACENT PROPERTY, 2 WAKLEY STREET. YORK HOUSE 207-221, PENTONVILLE ROAD, EDWARD RUDOLF HOUSE, GREATER LONDON, LONDON, N1 84 MARGERY STREET, WC1 Tenure: Freehold Tenure: Freehold
Existing Size: 41,849 sq ft Exisitng Size: 23,126 sq ft Proposed Size: 51,815 sq ft Tenant: The Children’s Society Tenant: Vacant Possession WAULT: 0.0 yrs WAULT: 1.25 years Rent: N/A Rent: N/A Vendor: Private Investor Vendor: The Children’s Society (FBS Overseas Limited) Purchaser: The Office Group Purchaser: Private Investor Sale Price: £34.25M Sale Price: £17.01M Yield: N/A Yield: N/A Capital Value (existing) psf: £818 Capital Value (proposed) psf: £661 Capital Value psf: £736
COMPARABLE COMMERCIAL EXIT PRICE EVIDENCE EDWARD HOUSE, 2 WAKLEY STREET, EC1 HERTFORD HOUSE & NAPIER HOUSE, 1 & 2 CRANWOOD STREET, LONDON, EC1V 9PE Tenure: Freehold Tenure: Freehold
Exisitng Size: 7,591 Existing Size: 33,793 sq ft Proposed Size: 50,119 sq ft Tenant: Vacant Possession Tenant: Vacant Possession WAULT: 0.0 yrs WAULT: 0.0 yrs Rent: N/A Rent: N/A 80 CLERKENWELL ROAD, EC1 45 FOLGATE STREET, E1 6GL INSTRUMENT HOUSE, 207-115 Vendor: Private Investor Vendor: CBREGI KINGS CROSS ROAD, WC1X 9DN Purchaser: LBS Properties Ltd Purchaser: Dogs Trust Tenure: Freehold Tenure: Freehold Tenure: Freehold Sale Price: £25.10M Sale Price: £8.00M Exisitng Size: 12,863 sq ft Existing Size: 20,714 Existing Size: 12,232 Yield: N/A Tenant: Multi-let Tenant: Multi-let Tenant: Multi-let Yield: N/A Capital Value (existing) psf: £743 WAULT: 6.3 yrs WAULT: 7.2 years WAULT: 5.6 years Rent: £907,907 (£70.58 psf) Rent: £1,228,618 (£59.31 per sq ft) Rent: £757,639 (£61.93 per sq ft) Capital Value psf: £1,054 Capital Value (proposed) psf: £501 Vendor: DTZ Investors Vendor: Credit Suisse Vendor: Private Investor Purchaser: Orchard Street Purchaser: Private Investor Purchaser: Private Investor Sale Price: £19.00M Purchaser Price: £27.80M Purchaser Price: £15.00M Yield: 4.58% Yield: 3.34% Yield: 4.73% Capital Value psf: £1,477 Capital Value psf: £1,342 Capital Value psf: £1,226
30 31 TENURE FURTHER INFORMATION
The majority of the site is held FREEHOLD (Title Number NGL390257). TENANCY VAT
A small proportion of 11–13 Wakley Street is held Leasehold (Title Number NGL390258) at basement and ground only Vacant Possession on completion. The property is not elected for VAT. for a term of 99 years from 7th January 1981 at a peppercorn rent. This has been outlined in blue below.
The consented scheme is within the Freehold demise only. DATAROOM EPC
http://kingsbury-consultants.co.uk/properties/city-road- The property has an EPC rating of ‘C’ (66). A copy of the london-ec1/?dl=1 EPC is available on request/available in the data room. Access code – City
CITY ROAD INTERACTIVE VIDEO
An interactive video (will be available for viewing in the data room) has been prepared by Emperor vision, which not only offers an outstanding view of the surrounding area, highlighting the sites proximity to the City, Farringdon, Clerkenwell and Old Street, but also clearly illustrates how the proposed development will sit within this unique location.
ET
RE
ST
WAKLEY
EET
R
L ST
HAL
GOSWELL
ROAD
Freehold Leasehold
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.
32 33 CGI OF CONSENTED SCHEME – WAKLEY STREET
34 35 PROPOSAL
OFFERS INVITED, SUBJECT TO CONTRACT AND EXCLUSIVE OF VAT.
CONTACT
FOR FURTHER INFORMATION, PLEASE CONTACT THE FOLLOWING JOINT SOLE AGENTS:
Andrew Harrison Ross Kemp T: +44 20 7861 1333 T: +44 20 7183 2529 M: +44 7795 316020 M: +44 7793 746270 [email protected] [email protected]
Ollie Thornton Keir Goldstein T: +44 20 7861 5424 T: +44 20 7183 2529 M: +44 7976 172224 M: +44 7799 577636 [email protected] [email protected]
Ellie Cunningham T: +44 20 7718 5204 M: +44 7973 684518 [email protected]
On the instructions of Roca Investments
IMPORTANT NOTICE i.Particulars. These particulars are not an offer or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agent or seller. ii. Photos etc. The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. iii. Regulations etc. Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. iv. VAT. The VAT position relating to the property may change without notice. Particulars dated September 2016. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Knight Frank’s registered office is 55 Baker Street, London, W1U 8AN, where you may look at a list of members’ names. Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268. January 2019 www.cube-design.co.uk (Q4160)