116-118 WALWORTH ROAD LONDON SE17 • • • • • • • EXECUTIVE SUMMARY on application the We are inviting and leasing through addingfloorspace, refurbishment developers real estatefunds,owner occupiers and Opportunity and roof-terrace accommodation withair-conditioning 2013 delivering refurbishment beingundertaken in Property benefitsfrom extensive storeys and (ground-fifth) Existing buildingislaidoutover (Southeastern andThamesLink) Bakerloo Line) Underground station, 0.2 milesfrom Elephantand Castle the LondonBorough of Located along 1,327 sqm(NIA) (B1) for sale Substantial vacant freehold interest potential toconstructadditional (subjecttothenecessaryconsents) providing accesstotheLondon

with freehold officebuilding ; measuring will appealtoinvestors, (Northern Lineand withanexternalroof terrace Walworth Road andNationalRailservices unconditional offers quality Cat-B

potential toaddvalue

Southwark 14,500 sqft/ with within 6 floors

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01 116-118 WALWORTH ROAD, LONDON SE17 and iswithin within Southwark’sCentralActivityZone(CAZ) split over hectares (3,485sqft) occupies theentire sitearea whichextends (NIA) ofB1officeaccommodation The subjectproperty comprises OVERVIEW number SGL187016 The property isheld TENURE SITE OVERVIEW 6 floors (ground-fifth) Zone 1 . . freehold withtheaccommodation underthe 14,500 sqft . Thelocationis . Thebuilding title 0.032 116-118 WALWORTH ROAD 02 116-118 WALWORTH ROAD, LONDON SE17 on itsaccessibilityandcharacter. scale regeneration projects thatcapitalise The area israpidlychangingthrough Westminster Bridge. the City,aswell astheWest Endthrough and SouthLondontoBridge with Walworth RoadconnectingCamberwell the south. Castle junctioninthenorthtoBurgessPark One milelong High Street. Road isknown asElephantandCastle’s London Borough ofSouthwark northern endof The subjectproperty islocatedalongthe LOCATION The areas connectivity is historic , itrunsfrom theElephantand Walworth Road . Walworth withinthe large-

W WALWORTH ROAD 116-118 03 116-118 WALWORTH ROAD, LONDON SE17 TRANSPORT &CONNECTIVITY King’s Cross Oxford Circus Canary Wharf Blackfriars Farringdon Bank Journey Timesfrom Elephant&CastleStation nearby stationsbelow; We have shown estimatedjourney timesto extensive cycle andbusroutes inalldirections. Link). Thesubjectlocationalsobenefitsfrom National Railservices Underground trains offers excellent transportlinkswithboth of ElephantandCastlestation The buildingislocatedjust CONNECTIVITY TRANSPORT &

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04 116-118 WALWORTH ROAD, LONDON SE17 https://vimeo.com/434032182 and canbefound below; walkthrough oftheproperty hasbeencreated WC facilitiesthroughout thebuilding.Avideo floor bike rack storageandamplekitchen/ lighting, the installationofVFR a refurbishment in2013 The existingbuildingwassubjecttoa height glazing. an ground-fifth floors sqft (1,327sqm)ofNIA asphalt roof. Theaccommodation with abrickfaçadeandpartpitched,flat The buildingisofconcrete framedconstruction office building The subjectproperty comprisesa THE BUILDING Cat-B standard external terrace single Otispassengerlift thatwasconstructedin1991. . Thisinvestment included . Thefifth-floorbenefits from , alongwithfloortoceiling air-conditioning bringingthespaceto , whichislaidoutover purpose-built extends 14,500 , ground full , new

05 116-118 WALWORTH ROAD, LONDON SE17 https://www.elephantandcastle.org.uk the linkbelow; regeneration oftheElephantcanbefound at in theElephantby 2030 2025 than economy andpotentialofthearea willseemore the mostoutofitscentralLondonlocation.The now well underway itisbeginningtoreally make With theElephant’sregeneration programme and leisure, alongwith thousands ofnewjobs transport andpublicrealm, improved shopping £4billion This large-scaleof underway orinthepipeline). area includes been implementedacross theElephantandCastle The current regeneration programme thathas THE ELEPHANT REGENERATION OF 5,000 newandreplacement homes by , with andwillprovide 10 millionpeopleforecast tolive 24 projects investment will exceed HOTEL ELEPHANTONSPARE STREETSE17 . Fulldetailsonthe (eithercomplete, new homes,better

. CGI OFPROPOSED E&CSHOPPINGCENTREAND STATION CGI OFELEPHANT&CASTLESKYLINEFOLLOWING REGENERATION PROGRAMME CGI OFPROPOSED VIEWFROM ELEPHANTPARK 06 116-118 WALWORTH ROAD, LONDON SE17 potential ofthis Lease andSouthwarktounlockthegreat ongoing withintheSE17market by Lend complemented by thehugeinvestment areas capital values jumpupinthesurrounding The successoftheseoperationshasseen Ministry ofSoundandUncommon this opportunity.Examplesinclude Castle andBorough submarkets begun established coworking operatorshave already Our research hasshown thatinvestors and (£62.50psf-£70psf). affordable alternative toprimeSE1rent levels from securingabuildingthatcouldoffer amore Thus, offering buyers anopportunitytobenefit growing SE1andSouthbankofficemarket The property islocatedonthe MARKET COMMENTARY UNCOMMON WORKSPACE 1 LONGLANE,BOROUGH . Theseincreases have alsobeen migrating towards theElephant& Zone 1location MINISTRY OFSOUNDCOWORKING, BOROUGH ROAD fringe ofthe . toexploit Fora, .

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Uncommon FlexibleWorkspace 30,000 sqft 180 Borough HighStreet Fora Coworking 25,000 sqft 79-81 Borough Road Ministry ofSound 15,000 sqft 1-5 Spare Street, Walworth SE173EP Hotel ElephantCreative Space 25,000 sqft 1 LongLane,Borough B R S S S 4 astle lehat

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L L L S T S T S £39.00 psfLH(2,194sqft) Borough HighStreet £32.00 psfLH(3,640sqft) 73-75 NewingtonCauseway £550.00 psfFH(90,918sqft) 99-101 NewingtonCauseway £580.00 psfFH(2,700sqft) 43 Westminster BridgeRoad £762.00 psfFH(24,936sqft) 1 LongLane,Borough Brde odo

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07 116-118 WALWORTH ROAD, LONDON SE17 FLOOR PLANS 2712.81 sqft-252.03sqm FIRST FLOORPLAN 2437.71 sqft-226.47sqm GROUND FLOORPLAN RECYC RECYC

Pigeon Holes 08 116-118 WALWORTH ROAD, LONDON SE17 FLOOR PLANS 2792.60 sqft-259.44sqm THIRD FLOORPLAN 2793.49 sqft-259.52sqm SECOND FLOORPLAN RECYC RECYC Future Expansion3HighStorage Future StorewallExpansion

Storewall No�ceboard Wall No�ceboard

Lockers Feature Wall Feature 09 116-118 WALWORTH ROAD, LONDON SE17 FLOOR PLANS 1891.77 sqft-175.75sqm FIFTH FLOORPLAN 2794.95 sqft-259.66sqm FOURTH FLOORPLAN

Future Storewall Expansion Future Storewall/ No�ceboard Wall No�ceboard Storewall/ Future 10 116-118 WALWORTH ROAD, LONDON SE17 Additionally, ifyou would like toarrangeaninternalinspectionofthesite. Please contact FURTHER INFORMATION /VIEWINGS We understandthattheproperty has We are inviting PROPOSAL (this isanindicative viewandpurchasers mustsatisfythemselves fully).Furtherinformation is available. We estimatebetween 3-5%ofthepurchase consideration the property duringtheirownership. Therefore, an The vendor has CAPITAL ALLOWANCES FURTHER INFORMATION    https://vimeo.com/434032182 walkthrough ofthebuilding @henshallandpartners +44(0)7772775130 [email protected]

Henshall &Partners unconditional offers not claimedcapitalallowances 

. @HenshallandP

whoare appointedas for the not beenelectedfor VAT vacant

inrespect ofanyplantandmachineryfixtures installedin  unrestricted claimwillbe available @henshall-partners freehold interest with sole sellingagents may berecoverable viaasubsequentclaim . See linkbelow for anonline price onapplication for anyfurtherinformation. tothepurchaser. .

Registered Address: Onega, 112MainRoad,SidcupDA146NE. Henshall andPartners Ltd(RegNo:10712199). property may changewithoutnotice. been properly dealtwithandthatallinformation iscorrect. 4.VAT: TheVAT positionrelating tothe obtained. Abuyer orlesseemustfindout by inspectionorinotherways thatthesemattershave property doesnotmeanthatanynecessaryplanning,buildingregulations orotherconsent hasbeen are approximate only.3.Regulations etc:Anyreference toalterationsto,oruse of, anypartofthe property asthey appeared atthetimethey were taken. Areas, measurements anddistancesgiven of theagents,seller(s)orlessor(s).2.Photos etc:Thephotographssho the property, andaccordingly anyinformation given isentirely withoutresponsibility onthepart Henshall &PartnersLtdnoranyjointagent hasanyauthoritytomake anyrepresentations about (“information”) asbeingfactuallyaccurateabouttheproperty, itsconditionorvalue. Neither rely onstatementsby Henshall&Partnersintheparticularsorby word ofmouthorinwriting Particulars: 1.Theseparticularsare notanoffer orcontract,norpartofone.You shouldnot Important Notice w onlycertainpartsofthe 09 116-118 WALWORTH ROAD, LONDON SE17