22 KING STREET St James’S London SW1

22 KING STREET St James’s London SW1

A rare prime freehold opportunity in the heart of St James’s Investment summary

22 KING STREET St James’s London SW1

»» Rare freehold;

»» Prime St James’s opportunity available with immediate vacant possession;

»» Impressive Grade II listed office building. 22 King Street comprises a Georgian townhouse with a rear modern extension, developed around 2001, which provides four floors of Grade A office accommodation;

»» The building provides a total of 10,861 sq ft (NIA) of office accommodation arranged over lower ground, ground and four upper floors, with a small basement storage area;

»» Of interest to owner occupiers, investors and developers;

»» Potential to explore various asset management opportunities including the refurbishment of the existing office space and extending the building (subject to planning);

»» Offers are invited in excess of £18,250,000 which reflects a low capital value of £1,680 per sq ft (NIA).

1 Waterloo Place St James’s Square St James’s Park 22 King Street, St James’s St James’s Palace

2 3 History and Today Today, St James’s sits at the heart of London’s West End, and remains one of its most distinguished locations. History The Crown Estate’s Vision for St James’s The development of St James’s began in the 17th Century The Crown Estate owns around 50 per cent of the buildings when King Charles II granted Henry Jermyn a Freehold in St James’s. As a sign of their long term commitment over what was formerly parkland. Jermyn designed the area to St James’s, the Estate will invest a minimum of £500m with a distinctive grid system of streets with the central in the built environment across a ten year period. This focus on St James’s Square. One of the major streets in investment will: this new grid layout was King Street, which was named in • Enable the delivery of over 500,000 sq ft of newly honour of King Charles II. The area immediately became one developed and refurbished office space thereby enhancing of London’s most prestigious locations due to its proximity St James’s reputation as a successful to St James’s Palace, the main London residence of the and distinct sector of the West End office market. Sovereign from 1698. An example of this is the impressive 260,000 sq ft St James’s Market development; Today • Enhance St James’s position as a stimulating and eclectic Today, St James’s sits at the heart of London’s West End, shopping and dining destination; and remains one of its most distinguished locations. The • Significantly improve the area’s public realm through area provides a unique array of top quality restaurants and the introduction of new crossings, wider footways hotels, including The Wolseley and The Ritz, alongside its and redressing the balance between pedestrians world famous private members’ clubs. To the north and east and vehicles. St James’s is bordered by Mayfair and Soho, to the south and west lie the green spaces of The Royal Parks. www.thecrownestate.co.uk/media/5420/st_james_s_vision.pdf King Street is home to Christie’s, the world famous auction house founded in 1766. The presence of Christie’s has Situation helped to attract a community of internationally respected art galleries to St James’s. The property is situated on the southern side of King Street opposite the junction with Bury Street. King Street connects

Although St James’s is renowned for its heritage and history, with St James’s Square to the east and St James’s Street to

the area has welcomed the addition of several modern 2 the west. The property provides frontage to King Street and 9 r

o 7 developments to reinforce its reputation as the most u sits above3 a retail parade fronting Crown Passage. r

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7 3 desirable office market in the West End. This has helped 3 2

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including BP, Anglo American,A Rio Tinto, Temasek, Permira, 8 0

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ALBEMALE STREET BURLINGTON GARDENS

Extremely rare opportunity to acquire a DOVER STREET freehold St James’s building Key

The vast majority of commercial property in St James’s is owned freehold by the OLD BOND STREET Long-term ownership/owner occupied

Crown Estate and a collection of Ultra High Net Worth investors, who are strategic SACKVILLE STREET long term holders. This sale affords a purchaser with the rare opportunity to own Recently Traded

a freehold building in this prestigious West End location. The Crown Estate Freehold SWALLOWSTREET 22 King Street Rents psf BERKELEY STREET 63-65 Piccadilly 181 Piccadilly REGENT STREET Private | £52m Fortnum & Mason £2,965 CV psf (2017) (LLH) Owner occupier

11-12 St James’s Square 150 Piccadilly Chinese Estates | £175m The Ritz | Owner occupier £2,112 CV psf (2017) PICCADILLY 7-8 St James’s Square 14 St James’s Square Pansy Ho | £213m The London Library | Owner occupier PICCADILLY £3,425 CV psf (2017)

£125 £105 18-22 Haymarket 16 St James’s Square JERMYN STREET Qatari Private | £65m JERMYN STREET East India Club | Owner occupier JERMYN STREET DUKE OF YORK STREET £2,515 CV psf (2015)

DUKE STREET ST DUKE JAMES’S £116 WHITCOMB STREET WHITCOMB 2-4 King Street 10 St James’s Square F&C Chatham House | Owner occupier

BURYSTREET £115

28 King Street STREET REGENT 6 St James’s Square

ST JAMES’S STREET JAMES’S ST ST JAMES’S ST

Ponte Gadea | £232m HAYMARKET Ponte Gadea | £262m £2,381 CV psf (2016) £188 £2,151 psf (2014) RYDER STREET ORANGE STREET 23 King Street RYDER STREET ST JAMES’S SQUARE 3 St James’s Square Wheelock Properties | £116m £97 £160 Joint Treasure | £135m £2,573 CV psf (2016) £2,609 CV psf (2017)

£110 CHARLES II STREET STREET SUFFOLK 55-58 Pall Mall CHARLES II STREET WHITCOMB 1 St James’s Square PKS Immobilen ST JAMES’S PLACE KING STREET BP | Owner occupier

£117 STREET 78 St James’s Street WATERLOO 33 St James’s Square Sofaz | (LLH) £130 PLACE Private ST JAMES’S SQUARE

53-54 Pall Mall PALL MALL EAST £100 PALL MALL 31 St James’s Square Sedra Investments & Wafra Investments PALL MALL Sakria Investments PALL MALL 20 St James’s Square 50 Pall Mall Threadneedle | £120m Zenith Property Developments (2015) 30-35 Pall Mall

48 Pall Mall 22 St James’s Square REM N Motcomb

22 King Street 36-39 Pall Mall 45 Pall Mall Available | £1,680 CV psf (2017) Army & Navy Club | Owner occupier M1 Real Estate ERV £87.00 psf For Sale Offers are invited in excess of £18,250,000 Note: Map is not to scale, 6 for indicative purposes only 7 8 9 G O S W E L C L ITY R R O OA A D D

LORDS D A O R

King’s Cross Y E St. Pancrass N K C A OAD Maida H EN R T GRE Vale J S AL P U TON THN A D IN BE W F LD R D S O K A D

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E R EET R SSET STR O GO D S A A T D O B R A G D K E O E O R U O S N E W S W V S T E ’ E A N R U N H E T N L H I E A L AR G O T V E RO L J V W I R ROA E T S A Old D S T Y O O R ET A Street RE C U ST D B D OLD OA K E Bethnal R S S S N O K WEAVERS Green O Q R IN AD T U N RO US ER EEN FIELDS E A ST AL GR R G R THN E R E C E ET O B A M Y M ’S E R I C N IA N L S LI G R T S L O R S E O O A E N Warren CORAM’S D T G U E R C Street FIELDS D O E V Euston T G E S REE E T Square T W D S E L A O R R

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U I R L Portland T O R E Y A N U Warwick D Street N CLERKENWELL R E Regent’s H V Avenuie O A I D Park L A N L A D REET L L Baker E ST IR A R ESH E Street R CH D H T O SCLA B U TER STREET S W R O Russell K D E Square A

O G E R R V Bethnal O A H V Marylebone Y Green T E R A E U Shoreditch B H

E High Street E S D V G A O O A R D D NE R L ROA I O NWEL L B RKE F R LE CLE L RY A A A B M R N M R C A I N E C

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T R Oak O A E D D G E W Holborn A MARYLEBONE R LONDON WALL Paddington E R N O R A BO AD D L RO HO E H DG T G RI E I B E H H PS R OL O T BO Y SH S R A BI D N TW E VI S A Tottenham AD E R U W Ladbroke P Court Road CT

Grove F H N A E O R R T U S O A R N N E LB G D E LAC O I L S Algate D A P H N B D R ETT H O E I I G G East A NR HI F V T HE C I C G D S H H N X O M E ET A O A E N T R S TR R S S Oxford R K E R I S U O S S GM Circus N O I T W G N I R E N OV C E R V L G R E E P E E O T N M O R R U S St Paul’s A N S R O N B E T ET T Q E R O S TR Algate S S D S R O B E U S XFO T Bond O E A R W E T W L D E E Street L E A C E O N R R H T Marble E S R R A D P E W Covent O A Arch S T O ID A C ST E A A U Garden D ET M Y E RE G D ST R R PAUL’S S A XFO O S E P N L T AN L CATHEDRAL O S A R R E H E D E T Bank T S L B E E I PADDINGTON F L R T Latimer B T S O S Blackfriars T Road K ET E R E R L D F M E G A E O N E R R G D I N E E AN N T O E W R Shadwell AV Amenities N T Mansion O V R S B T R E C 59 CITY O S House I N T SOHO E D D R Fenchurch S ROA E TER YSWA S E Street BA T T R Bayswater E Cannon 33 E COVENT Temple S T A Street T E T V V GARDEN MARBLE E S A RE 52 I ST T L Y Leicester K I E T R ARCH O S Blackfriars O U U BR R R Square WHITECHAPEL O B D E S D N W W E A E T O R V C F 61 B A I E H P ET S S MES STRE PPER THA A U Lancaster S 47 63 R

T B E T H K E

Gate R L Wine and Dine HotelsT R A S NT R 48 Y ME A

L NO E ANK B C A E M

Queensway 1 Wiltons SV 53 Brown’s E A EM Piccadilly K N O T T I Monument GR S 43 A TOR R C F E 2 The Avenue 54 The Cavendish 60 N Circus VI O R T K Tower U E I R A

3 The Wolseley 55 Le Meridien B 8 T

Notting Hill R Hill

4 Le Caprice 56 The May Fair 11 S Gate R ROAD O O Tower ATE W U L YS B

BA 5 Café Murano 57 The Ritz D T R Gateway ET H E B 49 6 Bilbao Berria 58 The Stafford TR 30 I S O D T 80 A N OU BERKELEY N G

7 Boulestin 59 U Claridge’sM D D E D O R S 55 8 Cecconi’s 60 L The Connaught SQUARE V E 16 E T 29 W E E 76 G R A 9 Chutney Mary 61 TheY Westbury E D A S L N T S N O T S 18 W T 53 T A E E R S 10 Franco’s 62 ParkT Lane Hotel T R R R HA M

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S L ES I 41 T S 11 Hakkasan 63 HamE Yard Hotel E 81 O TR R EET T E 82 T O B HF T E I 12 Nobu 27 L E 12 32 E B L

51 6 A D 13 T R TOWER 13 Rowley’s ROYAL ACADEMY C I

50 K 35 D K 46 OF LONDON 14 Sake No Hana Clubs 21 OF ARTS G F E 45 Charing E R N 15 45 Jermyn Street 64 Boodle’s I

MAYFAIR 56 15 70 A S 42 Cross

75 44 79 28 R I 16 Sexy Fish 65 East India Club 38 N T 37 S

G E 17 Quaglino’s P 66 RAC (The Royal RE 78 R T A ST 92 O O 18 St James’s MarketR Automobile Club) 62 31 K 71 68 1 N 40 A N Y L M D 67 Reform Club 10 R 54 C A Y JE TRAFALGAR N L H IL Holland Culture E 68 White’s Club D 3 26 SQUARE Embankment U A 39 Green C S Park R 19 Clarence House 69 The Athenaeum Club C T 17 65 ST JAMES’S E E I 57 U C Park J 5 86 85 G N P A VE H 20 ICA 70 Naval & Military Club 24 D A M ST JAMES’S I K 23 S R AR ROUND POND 21 Royal Academy of Art 71 The Mayfair Club E P T S 64 25 B D R SQUARE N ET ’S A 22 St James’s Palace 72 The Oxford and RE 14 69 N LL ST O E N S H RZO 96 74 O E 23 Christie’s Cambridge Club CU T 87 20 D T 67 S 90 O N 24 Grosvenor Gallery 73 The Royal Over Seas 88 UT 4 89 L ADMIRALITY H O KING STREET L W L 25 Martyn Gregory League MA 94 AR ARCH K L 66 S 26 Whitford Fine Art 74 The Travellers Club L 84 T PA R 95 97 EE 93 T 27 Theatre Royal Haymarket 75 The Arts Club 73 2 D

A O 28 Her Majesty’s Theatre 76 Annabel’s 36 72 R D

R 58 9 34 O 29 Jermyn Street Theatre 77 5 Hertford Street W F M 7 H A 30 Criterion Theatre LY ST ST 91 I R HYDE PARK L E I T E T E 31 White Cube Mason’s Yard Occupiers D 83 E T A H O C H G OL O E C D 32 BAFTA 78 BP I A Y 77 I P R S L TR R E 33 Sotheby’s 79 Rio Tinto S L Waterloo E 22 B T Wapping E

80 McKinsey East G K 81 Apax Partners U R Retail A G A

R N W I 34 Berry Bros. & Rudd 82 Carlyle D Southwark H R S 35 Fortnum & Mason 83 HSBC T E R U Shepherds H 84 Citi O O 36 Lock & Co Hatters T T 19 London A S N Bush 85 Anglo American 37 Paxton & Whitfield D E Bridge

L L M 38 Dunhill 86 J O Hambro A K M UNION STREET

E N 39 Turnbull & Asser 87 Rolex H LONDON KENSINGTON GARDENS T A D 40 Thomas Pink 88 KKR GREEN PARK B EYE W A

O M A Hyde Park 89 Temasek T R 41 DAKS E

E H R E Corner 90 Warburg Pincus & Co A G 42 Harvie & Hudson I L I O G R D H O 43 Chanel 91 Rothschild Foundation I HOLLAND O H T R R 92 Blackstone O G PARK 44 De Beers C B I A U

45 Cartier 93 GAM V D O C N R E 46 Dolce and Gabbana 94 B A E Systems ONSTITUTIO G N H O SBRID ILL HT 95 Credit Suisse B KNIG 47 Burberry Waterloo B G 48 Louis Vuitton 96 Artemis Investment E R R O 97 Permira Advisers M 49 Ralph Lauren S ST JAMES’S PARK V Westminster O Knightsbridge 50 Gucci E N SOUTHWARK N 51 Prada O D Note: Map is notR to scale BUCKINGHAM S KEN 52 Emporio Armani E S P Y INGTON ROAD L PALACE A C S E T LK GE WA Borough DCA E S BIR WESTMINS TER BRIDG G L E D O 10 11 T I D A KNIGHTSBRIDGE U R R N C B U High Street I E D E R Kensington S S H E T T T W

L R O

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BELGRAVIA E L THE A T N E B St James’s HOUSES OF ROYAL U D

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U A WESTMINSTER L G Y G A E A O T A Lambeth R E E R ABBEY B D D North E N A A E D H ’ I O T G S S A O ON R D D L R B D G I L N O I A A AD R N O N O UGH R V W T T BORO E B D P G E R A M R R R O D S E O W R O A B T I W D C ET N R JAM K E O A R E ICA T T S R G S E E T OAD E T T D GH R I T R N H KENSINGTON B S E W N EA A EET S O E TR Kensington A T UC RI ABBEY S R ING H O T Olympia W S A T N M IC I KE P V C P K L AC R E G O E A O D R Bermondsey PO G N E T LAMBETH ’S ST R RE PALACE O E T WESTMINSTER AD

SOUTHWARK Victoria PARK G RA N

G AD E O R R H O T A E D B A AM L

E A HORSEFERRY ROAD R OAD L ELL R LAM ’ OMW B S CR ETH K BR

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U N R I ROAD T N NEW KENT Elephant

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D O T & Castle A A O O D H R N

IT Gloucester SM R ER Road O MM South A

A D H Kensington S LO LAMBETH AN E AV EN U O E V L A D SO U UTH X K WARK H E PARK AL N ROA L T D B R R ID O G A E D R Sloane O Square AD

OAD L R K WEL OM N T CR Earl’s A ES B W Court L W T D L A I A D N W OA R O R W M E TH A R AR I LG C M L TA K W N R K A O AD N O T A A R West D RO N ICO B T U Kensington L H IM M D P D E R

R E O PIMLICO T N A A A R L Y D T E N O B TO L G N C Pimlico IN Barons H A N G E EN Court A L K S R E D A E N B S R ID G E RO R LLS D O RO A A AD South O AD D R RO V Bermondsey M S AU A ’ X H G H L IN A Kennington U K L F L D R B VAUXHALL A E R O ID R D G ON C E PT L M IF RO F B E LD G O A F R I N D E B N O S ROYAL U G HOSPITAL H ANE N L NGTO West R ENNI O CHELSEA K Brompton A O D A K

L D AD E A O O Y O H LD R R A LE S R K IL L L E L T E T N R A T T YF R R E I O A O E P R A

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KENNINGTON PARK BATTERSEA Oval CHELSEA POWER STATION FC BATTERSEA PARK Description

22 King Street comprises a Georgian period building fronting Specification King Street with a modern office extension to the rear constructed around 2001. The two sections interconnect via • Attractive reception area an impressive triple height glazed roof atrium. As a result • Impressive glazed atrium the building provides an occupier with the combination of impressive period offices and meeting rooms in the front • Excellent natural light section and open plan Grade A offices to the rear. • One x 13 person passenger lift The property benefits from side frontage to Crown Passage • Dedicated male and female WCs including four retail units – 6, 7, 8 and 9 Crown Passage. These retail units have been sold off on a separate Long The rear offices benefit from the following specification: Leasehold interest. • Suspended ceilings Around 2001 a major refurbishment scheme was undertaken. • Fully raised floors The original Grade II listed building fronting King Street was retained and the rear section was redeveloped to provide • VRF air conditioning system a new steel framed office building. We understand that the original facades of 6 and 7 Crown Passage were retained and that new facades for 8 and 9 Crown Passage were rebuilt in a traditional style. The modern rear section provides four floors of Grade A office space, above the Crown Passage retail units. The previous occupier has fitted out one of these floors with client entertaining facilities, meeting rooms and a catering area. The central atrium links the period and modern sections and contains a single, 13 person lift.

12 13 Accommodation

The property has been measured by Plowman Craven in accordance with both the RICS Code of Measuring Practice (6th Edition) providing Net Internal Areas, Gross Internal Areas and the RICS Property Measurement (1st Edition) providing IPMS: Office Buildings measurements. The full measured survey is available on the data site and is assignable to the Purchaser.

Net Internal Areas Gross Internal Areas IPMS 3 Areas

Floor Use (sq m) (sq ft) (sq m) (sq ft) (sq m) (sq ft)

4th Office 47.1 507 56.7 610 53.2 573 N KitchenKitchen Kitchen 3rd Front Office 52.6 566 == Demountable Demountable partitions partitions= Demountable partitions

Office 96.3 1,037 204.4 2,200 159.6 1,718 == Reduced Reduced headroom headroom below below= Reduced 1.5m 1.5m / headroom/5'0 5'0 below 1.5m / 5'0 3rd Rear MeetingMeeting Room Room Meeting Room == Skylight Skylight = Skylight Atrium Base 5.9 64 OfficeOffice Office OfficeOffice Office

2nd Front Office 49 527 MeetingMeeting Room Room Meeting Room

OfficeOffice Office Office 185.6 1,998 303.3 3,265 249.4 2,684 2nd Rear MeetingMeeting Room Room Meeting Room Atrium Base 9.8 105

aseentaseent 1 1 aseentLiftLift 1 Lift LiftLift Lift LiftLift Lift LiftLift Lift 1st Front Office 48.5 522

Office 202.2 2,176 316.1 3,402 265.4 2,856 VoidVoid Void VoidVoid Void VoidVoid Void 1st Rear CellarCellar Cellar Atrium Base 9.1 98

Office 211.7 2,279 OfficeOffice Office OfficeOffice Office OfficeOffice Office Ground 361.7 3,893 272.5 2,933 BreakoutBreakout Breakout AreaArea Area Reception 54.5 587 ReceptionReception Reception

Lower Ground Office 35.6 383 OfficeOffice Office OfficeOffice Office BreakoutBreakout Breakout OfficeOffice OfficeAreaArea Area 76.1 819 46 495 Storage 1.1 12 aseentaseent 2 2 aseentGroundGround 2 Foor Foor Ground Foor FrstFrst Foor Foor Frst Foor eondeond Foor Foor eond Foor hrdhrd Foor Foor hrdFourthFourth Foor Foor Foor Fourth Foor

Total 1,009 10,861 1,318.30 14,189 1,046.10 11,259

14 15 Market Commentary Together with Mayfair, St James’s continues to be West End Occupational Market Together with Mayfair, St James’s continues to be the prime office location in London and has the prime office location in consistently achieved some of the highest office rents in the world. Recent deals have included major lettings to The Carlyle Group, GB Gas Holdings, Onex and Waverton. The market continues to experience constrained supply which continues to put upward pressure on office rents. London and has consistently Recent Letting Transactions achieved some of the highest Date Address Tenant Size (sq ft) Floor Term Rent (psf)

Oct 17 48 Pall Mall 8 Advisory 3,273 7th 10 years £115.00 office rents in the world.

Aug-17 15 King Street Equinox Fitness 1,500 1st 5 years £102.50

Jul-17 8 St James’s Square Onex 11,055 3rd 10 years £135.00

Jun 17 8 St James’s Square Gemcorp 10,267 2nd 10 years £125.00

Jun-17 3 St James’s Square Aegila 2,200 2nd (Front) 15 years £115.00 Stirling Square, 5-7 Jun-17 GB Gas Holdings 14,269 2nd 10 years £118.00 Carlton Gardens May-17 2 St James’s Market Stepstone Group 7,260 7th 10 years £105.00 1st & Part £190.00 (1st) Mar-17 5 St James’s Square Laurence Stoll 4,000 10 years Ground £125.00 (Part ground) Jan-17 55 St James’s Street AlbaCore 4,684 2nd 10 years £115.00

Jan 17 16 St James’s Street Eisler Capital 7,234 2nd 12 years £105.00 Riverstone Europe Dec 16 3 St James’s Square 2,200 5th 10 years £117.50 LLP Asset Value Nov 16 25-26 Bury Street 1,410 5th 10 years £115.00 Investors

Investment Market Comparable transactions Demand for Central London investment Capital Value opportunities, particularly in the Core West Address Tenure Price (psf) End, remains robust. Investors are attracted in particular by the market’s long term performance. 29 Sackville Street, FH £17.55m £2,482 International demand is particularly strong W1 for the West End, given the volatility in global 45 Clarges Street, currency markets. FH £7.5m £2,362 W1 Set against the backdrop of low interest rates 33 Grosvenor Street, LLH (10% £30.0m £2,623 around the world, the relative return on Core West W1 gearing) End looks very attractive, in particular the spread 69 Grosvenor Street, LLH (10% £35.0m £2,404 of prime Central London yields over 10 year GILTs. W1 gearing) 20 St James’s Square, Demand for vacant freehold property in West End FH £32.50m £2,570 locations remains unprecedented. Demand from SW1 owner occupiers has strengthened over the last LLH (10% 27 Berkeley Square, W1 £22.86m £3,783 three years and continues to do so in light of the gearing) recent changes to Lease Accounting Standards. 6 Grafton Street, FH £36.0m £2,719 W1 Capital Value 22 Kings Street, Quoting FH Quoting SW1 £18.25m £1,680 16 17 Tenure Further information

22 King Street is held Freehold over five separate titles. VAT Planning The retail units at 6-9 Crown Passage are included in the The property has been elected for VAT. freehold ownership but have been sold off on a 999 year The property is Grade II Listed and is located within the long leasehold interest at a peppercorn rent. St James’s Conservation Area. Data room London Power Networks have a long lease relating to the GVA’s Planning department have produced an indicative electricity transformer chamber in the basement. An electronic data room can be found at planning study which explores the possibility of changing http://22kingstreet.gva.co.uk. the use and increasing the massing of the building. The adjoining building to the rear, Quadrant House, benefits Login details are available on request. The report finds that changing the use to residential or from a deed of easement relating to the rear fire escapes. alternative commercial uses is likely to be looked upon favourably by Westminster City Council. The full report is Building Survey available in the data site. A full Technical Due Diligence Report and Vendor Survey is available via the marketing data site which provides more detailed information.

18 19 Proposal

Offers are invited in excess of £18,250,000 which reflects a capital value of £1,680 per sq ft (NIA).

Investor Rationale • Opportunity to generate attractive investment returns • Suitable for immediate owner occupation • Potential for change of use and extension (subject to planning)

Contact

For further information or to arrange an inspection please contact:

Justin James Fergus Keane T +44 (0)20 7911 2678 T +44 (0)20 7152 5474 E [email protected] E [email protected] Christopher Strong Tom Coleby T +44 (0)20 7911 2080 T +44 (0)20 7152 5688 E [email protected] E [email protected] James Hall Graham Harding T +44 (0)20 7911 2328 T +44 (0)20 7152 5756 E [email protected] E [email protected]

GVA and Cushman & Wakefield hereby give notice that the information provided (3) No person in the employment of GVA or Cushman & Wakefield, or any joint in this brochure is provided on the following conditions: agents, has any authority to make or give any representation or warranty (1) The particulars are set out as a general outline only, for the guidance of whatsoever in relation to the property or properties in this brochure. intending purchasers and/or lessees and do not constitute an offer or contract, (4) All prices quoted are exclusive of VAT. or part of an offer or contract. (5) GVA or Cushman & Wakefield shall have no liability whatsoever in relation to (2) All descriptions, dimensions and references to this property’s condition and any documents contained within the brochure or any elements of the brochure any necessary permission for use and occupation, and any other relevant details, which were prepared solely by third parties, and not by GVA or Cushman & are given in good faith and are believed to be correct. However, any intending Wakefield. October 2017. purchasers or tenants should not rely on them as statements or representations Designed by S-Kape www.s-kapedesign.com of fact but satisfy themselves of their correctness by inspection or otherwise. 20