DOCSLIB.ORG

An Outstanding Office Investment Opportunity

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
An Outstanding Office Investment Opportunity AN OUTSTANDING OFFICE INVESTMENT OPPORTUNITY THE GRIMALDI BUILDING 154a PenTONVILLE ROAD KING’S CROSS, LONDON N1 15,636 sq ft (1,452.6 sq m) 13 onsite pARKING SPACES INVESTMENT SUMMARY: • S ituated on the north side of Pentonville Road, • A new head lease for a term of 150 years from equidistant between Angel and King’s Cross/ 6th March 2013. The current head rent payable St Pancras underground and mainline stations. is £32,000 per annum rising from the 2nd January 2014 to £60,000 per annum, being • A highly prominent and characterful self- 12.50% of either rents received or open market contained office building constructed from rental value, and will be reviewable upwards new in 1991 and comprehensively refurbished only on a 5 yearly basis in line with RPI. in 2012 to an excellent standard. • Current net passing rent of £448,000 pax. • T he property extends to a net internal area of 15,636 sq ft and has the benefit of 13 onsite car • We have been instructed to seek offers in excess parking spaces. of £6,500,000 subject to contract and exclusive of VAT for the benefit of our clients long leasehold • S ingle let to Eviivo Limited on an FR&I lease interest. A purchase at this level would reflect a for a term of 10 years from 30th March 2012, capital value of £416 psf and the following yield subject to an upwards only rent review and profile after the deduction of the ground rent and a tenants option to break at the 5th year. standard purchaser’s costs of 5.80%: • Current passing rent of £480,000 pax • 6.51% Net Initial Yield devaluing to £30.70 psf overall. • 7.55% Reversionary Yield* • Prime rents in King’s Cross are approaching * Assuming our opinion on ERV of £30 psf on lower ground and £40 psf on ground to third floors, after the £50 psf and as such we believe that the deduction of the head rent payable at 12.50% and standard property has strong reversionary potential. purchaser¹s costs of 5.80%. LOCATION: The building is located in the centre of Pentonville Road equidistant between Upper Street Islington and King’s Cross L ST PAU The property is located in the London I L’S R Caledonian V OAD Sat Nav: n1 9PE Park E R Highbury Borough of Camden, on the edge of the P D O R & O N Islington C King’s Cross Growth Area. The King’s E L A D D R N A Y O M O O N A R A T E O C R X Cross area of London has been subject E D K V N E E I S B S W R R U E Caledonian Road T R to extensive regeneration in recent A D Y S & Barnsbury Y E R R D H E T years, with the relocation of the Eurostar P Essex R P Road O U N Y terminal to St Pancras International E A ST D W L N P Bernard A N C A E O O E and most notably the substantial new O N Park R R R A1 T L C G C L H L R A E T N A O E R development at King’s Cross Central. M G O D S O E E T D P R W S G E R T D N N T A S I E L R S Y V S R I I T E N L P Y King’s Cross Central is a 67 acre A P A I D U R N AY N W W RF S D O A E O H W development site which, when complete, GO King’s K D W R E E L L G N Cross O A M A E O Inter’l Y C will provide 8 million sq ft of mixed use I S R D H E King’s Angel T V L E P H E A Cross H R D R accommodation to include 23 office N OA E S St Pancras ILLE R ONV S G R D H D ENT P T O D O S E R W C L J IT S buildings, up to 2,000 homes and serviced D S T O E Y R L O W S H L A D A T N R E L R F D D apartments, 650 student accommodation K U S E A R E J N T R T T U E R S T D R V CE S A N units, 500,000 sq ft of retail space and 10 D I PE A N S Euston D Y B E S Coram’s G T A R S A O T R G O E R Fields U V T N TA D LE Old new public parks and squares, as well as B S O O E H T W S V N S S St U H K E I R O I S S R N T E U G D N R S T theatres, cinemas, hotels and up to 50 arts T E L N O R L C T A R C K E Y ET B D E U and music venues. R ’S TR I S E S T D R Q S I V L N Y N A O U T N H T A Y R O R I D R R L U T L E D B T D R R E G LL S E N S WE T EN O The property is located in the centre N O Russell LERK O O C J W F W H R R H T Square A O Barbican A R A E H D H R R T R Goodge M A Farringdon N E of the Pentonville Road, equidistant S T I BEE M D N CH S L ST T O S Street C T P A G T B T A O N S A O R T E D E S L O H O U G G U E N T O N D between Upper Street Islington and E H R R A R T Chancery R E E T Y R T O A D R D D A L R W Lane IE O R E H Moorgate Y R C F S King’s Cross, the immediate surrounds O N H O M R G U IT A W O M B GH H LB A D S HI ORN S T M LONDON WALL O E benefit from a variety of restaurants, O RN Tottenham L O H B O B L Court Road L Holborn BO S O R T coffee shops and bars which enhance H N H VIA HIG DU a thriving working environment. CT COMMUNICATIONS: Eurostar connections from St Pancras International The property is well served by transport links, being situated within a 5 minute walk of King’s Cross St Pancras station, which provides access to mainline national rail services as well Destination Best time as London underground services and the Eurostar terminal. Calais 1 hour 2 mins King’s Cross St Pancras underground station is served by six Lille 1 hour 20 mins London underground lines (the Circle, Hammersmith and City, Metropolitan, Northern, Piccadilly and Victoria lines). Brussels 1 hour 55 mins Paris 2 hours 15 mins Click here to view tube map source: eurostar.com Overground connections from King’s Cross / St Pancras Destination Best time London Luton Airport 20 mins Gatwick Airport 56 mins Peterborough 45 mins Leicester 1 hour 8 mins Derby 1 hour 31 mins Nottingham 1 hour 44 mins Sheffield 2 hours 5 mins York 3 hours 21 mins Newcastle 4 hours 38 mins source: nationalrail.co.uk SITUATION: ST PANCRAS THE KING’S BRITISH RENAISSANCE ST. PANCRAS LIGHTHOUSE THE REGENT CROSS EUSTON LIBRARY HOTEL INTERNATIONAL BLOCK KING’S CROSS COURTYARD NIDO QUARTER CENTRAL The property is situated on the north side of Pentonville Road, approximately 0.5 miles from Angel underground station and King’s Cross/St Pancras underground and mainline stations, which lie to the east and west respectively. The surrounding area comprises a mix of commercial, residential and retail/leisure uses. The property is bound by a small public park to most elevations. SITE: The site of the property is irregular in WESTON RISE shape and has a principal frontage Playground of approximately 119 feet (36 metres) to Pentonville Road. By reference to the COLLIER STREET Ordnance Survey Extract, we calculate that the total site area for the property CUMMING STREET is approximately 0.25 acres. Playground Playground Playground Originally on the site was the Church of St James which dated back to 1778 and PENTONVILLE ROAD A501 served as the Pentonville Chapel. From 1854 the church served as the official church of the International Circus Clown’s Club and the legendary Joseph PENTON RISE JOSEPH GRIMALDI Grimaldi was buried in the grounds. PARK RODNEY STREET DONEGAL STREET DESCRIPTION: A new office building was rebuilt in 1991 and has recently been comprehensively refurbished to an excellent standard. It is arranged over lower ground, ground and three upper floors and extends to a net internal area of 15,636 sq ft. The specification included carpeted floors, solid ceilings with fluorescent strip lighting units, aluminium framed double glazed windows and air conditioning provided via Mitsubishi ceiling mounted cassettes.
Load more

Recommended publications
  • Railways: Thameslink Infrastructure Project
    Railways: Thameslink infrastructure project Standard Note: SN1537 Last updated: 26 January 2012 Author: Louise Butcher Section Business and Transport This note describes the Thameslink infrastructure project, including information on how the scheme got off the ground, construction issues and the policy of successive government towards the project. It does not deal with the controversial Thameslink rolling project to purchase new trains to run on the route. This is covered in HC Library note SN3146. The re- let of the Thameslink passenger franchise is covered in SN1343, both available on the Railways topical page of the Parliament website. The Thameslink project involves electrification, signalling and new track works. This will increase capacity, reduce journey times and generally expand the current Thameslink route through central London and across the South East of England. On completion in 2018, up to 24 trains per hour will operate through central London, reducing the need for interchange onto London Underground services. The project dates back to the Conservative Government in the mid-1990s. It underwent a lengthy public inquiry process under the Labour Government and has been continued by the Coalition Government. However, the scheme will not be complete until 2018 – 14 years later than its supporters had hoped when the scheme was initially proposed. Contents 1 Where things stand: Thameslink in 2012 2 2 Scheme generation and development, 1995-2007 3 2.1 Transport and Works Act (TWA) Order application, 1997 5 2.2 Revised TWA Order application, 1999 6 2.3 Public Inquiry, 2000-2006 6 2.4 New Thameslink station at St Pancras 7 This information is provided to Members of Parliament in support of their parliamentary duties and is not intended to address the specific circumstances of any particular individual.
    [Show full text]
  • Central London Bus and Walking Map Key Bus Routes in Central London
    General A3 Leaflet v2 23/07/2015 10:49 Page 1 Transport for London Central London bus and walking map Key bus routes in central London Stoke West 139 24 C2 390 43 Hampstead to Hampstead Heath to Parliament to Archway to Newington Ways to pay 23 Hill Fields Friern 73 Westbourne Barnet Newington Kentish Green Dalston Clapton Park Abbey Road Camden Lock Pond Market Town York Way Junction The Zoo Agar Grove Caledonian Buses do not accept cash. Please use Road Mildmay Hackney 38 Camden Park Central your contactless debit or credit card Ladbroke Grove ZSL Camden Town Road SainsburyÕs LordÕs Cricket London Ground Zoo Essex Road or Oyster. Contactless is the same fare Lisson Grove Albany Street for The Zoo Mornington 274 Islington Angel as Oyster. Ladbroke Grove Sherlock London Holmes RegentÕs Park Crescent Canal Museum Museum You can top up your Oyster pay as Westbourne Grove Madame St John KingÕs TussaudÕs Street Bethnal 8 to Bow you go credit or buy Travelcards and Euston Cross SadlerÕs Wells Old Street Church 205 Telecom Theatre Green bus & tram passes at around 4,000 Marylebone Tower 14 Charles Dickens Old Ford Paddington Museum shops across London. For the locations Great Warren Street 10 Barbican Shoreditch 453 74 Baker Street and and Euston Square St Pancras Portland International 59 Centre High Street of these, please visit Gloucester Place Street Edgware Road Moorgate 11 PollockÕs 188 TheobaldÕs 23 tfl.gov.uk/ticketstopfinder Toy Museum 159 Russell Road Marble Museum Goodge Street Square For live travel updates, follow us on Arch British
    [Show full text]
  • 158-160 Pentonville Rd Committe Report
    Development Management Service PLANNING COMMITTEE REPORT Planning and Development Division Environment and Regeneration Department Town Hall Upper Street LONDON N1 2UD PLANNING COMMITTEE AGENDA ITEM NO:1 Date: 23 April 2020 Application number P2019/2290/FUL Application type Full Planning Application Ward Barnsbury Listed building n/a Conservation area n/a Strategic Central Activities Zone Kings Cross & Pentonville Road Key Area Employment Growth Area Article 4 Direction – A1 (Retail) to A2 (Professional and Financial Services) Article 4 Direction – B1c (Light Industrial) to C3 (Residential) CrossRail 2 Safeguarding Zone London Underground Zone of Interest (Tunnels) Licensing Implications n/a Site Address 158-160 Pentonville Road, London, N1 9JL Proposal Demolition of existing single storey building and erection of part one, part 4 storey plus basement office (Use Class B1(a)) with associated works (Departure from Development Plan)) Case Officer Simon Roberts Applicant Korbe Ltd Agent GML Architects Ltd 1. RECOMMENDATION 1.1. The Committee is asked to resolve to GRANT planning permission: subject to the conditions set out in Appendix 1; and conditional upon the prior completion of a Deed of Planning Obligation made under section 106 of the Town and Country Planning Act 1990 securing the heads of terms as set out in Appendix 1. 2. SITE LOCATION AND PHOTOS Figure 1: Site Plan (outlined in red) Figure 2: Aerial view from the south Figure 3: Aerial view from the north Figure 4: Photograph of the front elevation of the building from Pentonville Road Figure 5: Photograph showing the access from Cumming Street Figure 6: Photograph of the rear of the site 3.
    [Show full text]
  • Thameslink Rolling Stock Qualitative Research
    Thameslink Rolling Stock Qualitative research Prepared for Passenger Focus in a joint project with the Department for Transport and London TravelWatch August 2008 Introduction This report is about what passengers want from the £5.5 billion Thameslink project. The scheme aims to deliver significant additional capacity on the First Capital Connect Bedford to Brighton route and, ultimately, other routes including some First Capital Connect East Colin Foxall CBE Coast Main Line (Great Northern) services. hese are already well-used parts of the network where passenger demand T is expected to grow strongly. Many stations will have platforms lengthened to accept 12 coach trains and Blackfriars and London Bridge stations will be substantially improved through major rebuilding. As well as planned improvements to the physical infrastructure on which trains run and to the stations passengers use, the Thameslink Programme will bring brand new trains into service on the routes concerned. Passenger Focus as part of its work representing the interests of passengers commissioned research on passengers views about how the new trains should be laid out and the facilities they should provide for their passengers. It is vital that the trains meet passenger needs and expectations and that they also reflect the diverse demands of the different routes they will serve. Two consumer organisations represent the interests of rail passengers on the Thameslink routes: Passenger Focus, the independent national rail consumer watchdog and London TravelWatch, the voice of London’s transport users. The two organisations have worked together with The Department for Transport, which is responsible for the procurement of the new trains, to ensure that passengers’ views are properly at the heart of decisions about the design of the trains – right from the earliest stages of their procurement.
    [Show full text]
  • DESIGNATION 2008 (No. 3) VARIATION ORDER 2019
    THE GREATER LONDON AUTHORITY THE GLA ROADS (No. 3) DESIGNATION 2008 (No. 3) VARIATION ORDER 2019 Made December 2019 Coming into force December 2019 The Mayor of London keeps under review the system of highways and proposed highways in Greater London and the allocation of responsibility for that system between the different local highway authorities, and he considers it expedient that certain roads should become or cease to be GLA Roads. Therefore, the Greater London Authority, in exercise of the powers conferred by section 14B of the Highways Act 1980a and of all other enabling powers, and with the consent of the Councils for the London Borough of Islington, hereby makes the following Order: 1. Citation and Commencement This Order may be cited as The GLA Roads (No. 3) Designation 2008 (No. 3) Variation Order 2019 and shall come into force on December 2019. 2. Variation From the date on which this Order comes into force, the Schedule to The GLA Roads (No. 3) Designation 2008, is varied as follows: (1) Under the heading “GLA Roads in London Borough of Islington”: a. Item 2 is substituted as follows: 2 A1 (HOLLOWAY ROAD (HIGHBURY CORNER), ST PAUL’S ROAD, CANONBURY ROAD, UPPER STREET, ISLINGTON HIGH STREET, GOSWELL ROAD), both sides from the south-eastern side of its junction with St John’s Way to the south-east side of its junction with Wakley Street b. Item 2a is added as follows: 2a A1 (UNNAMED SERVICE ROAD FRONTING NOS. 257 TO 259 UPPER STREET), both sides for its entire length Dated this day of December 2019 Tim Steer, Assistant Director of Transport, Infrastructure and Connectivity DMR0--- 1 THE GREATER LONDON AUTHORITY THE GLA SIDE ROADS (LONDON BOROUGH OF ISLINGTON) DESIGNATION ORDER 2008 (No.
    [Show full text]
  • N205 Bus Time Schedule & Line Route
    N205 bus time schedule & line map N205 Leyton, Downsell Road - Paddington View In Website Mode The N205 bus line (Leyton, Downsell Road - Paddington) has 2 routes. For regular weekdays, their operation hours are: (1) Leyton, Downsell Road: 12:45 AM - 5:15 AM (2) Paddington: 12:30 AM - 4:30 AM Use the Moovit App to ƒnd the closest N205 bus station near you and ƒnd out when is the next N205 bus arriving. Direction: Leyton, Downsell Road N205 bus Time Schedule 52 stops Leyton, Downsell Road Route Timetable: VIEW LINE SCHEDULE Sunday 12:40 AM - 5:15 AM Monday 12:45 AM - 5:15 AM Cleveland Terrace (L) Eastbourne Mews, London Tuesday 12:45 AM - 5:15 AM Paddington Station (H) Wednesday 12:45 AM - 5:15 AM 127 Praed Street, London Thursday 12:45 AM - 5:15 AM St Mary's Hospital (P) Friday 12:45 AM - 5:15 AM 93 Praed Street, London Saturday 12:40 AM - 5:15 AM Edgware Road Station (ET) Chapel Street, London Marylebone Station (N) Marylebone Road, London N205 bus Info Direction: Leyton, Downsell Road Old Marylebone Town Hall (W) Stops: 52 3 Glentworth Street, London Trip Duration: 65 min Line Summary: Cleveland Terrace (L), Paddington Baker Street Station (D) Station (H), St Mary's Hospital (P), Edgware Road Allsop Place, London Station (ET), Marylebone Station (N), Old Marylebone Town Hall (W), Baker Street Station (D), Harley Street Harley Street (M) (M), Regent's Park Station (A), Great Portland St Stn 20 Devonshire Place, London / Euston Rd (H), Warren Street Station (KA), Euston Square Station (Q), Euston Station (D), British Regent's Park Station
    [Show full text]
  • THEMED Priority Questions to Bob Kiley – Transport Commissioner
    Subject: THEMED Priority Questions to Bob Kiley – Transport Commissioner, TfL Report number: 6 (b) Report to: London Assembly Date: 6 April 2005 Report of: Director Of Secretariat Part A – Themed Priority Questions 1. TfL’s Corporate Governance Bob Kiley - Transport Commissioner Appointment of TfL Directors Question No: 137 / 2005 Andrew Pelling What role do you play in the appointment of Directors to the Board of TfL? Copyright of Congestion Charge Scheme Sally Hamwee Who owns the congestion charge scheme copyright (idea/design)? What is it worth and which cities are interested in buying it? How much income has Capita and/or TfL received to date from advising on or selling the copyright/design of the congestion charge scheme to other cities? Living Wage John Biggs What has TfL done to ensure its staff, and its contractors staff, are paid a living wage, consistent with the Mayor’s proposals? What obstacles exist to the universal roll-out of this policy and what would overcome these obstacles? TfL Employees Murad Qureshi What are you doing to ensure that TfL employees are all treated with respect by the organisation? 1 2. Transport Infrastructure in London Bob Kiley - Transport Commissioner Mobile Phones on the Underground Question No: 117 / 2005 Bob Neill 1) How much will it cost to implement your planned mobile phone use on a. Tube stations b. Tube trains? 2) Do you expect this scheme to be a cost burden on London Underground or a revenue raiser? How much do you expect it will cost - or will raise in revenue? 3) Do you propose charging mobile phone companies for access to mobile phone reception on the Tube or are you proposing another form of market mechanism or another form of mechanism altogether? If so, could you explain what it is.
    [Show full text]
  • AOC AOC Architecture the Crafts Council, 44A Pentonville Road
    The Crafts Council, 44A Pentonville Road, London, N1 9BY DESIGN AND ACCESS STATEMENT including a Heritage Status Assessment August 2017 AOC AOC Architecture DESIGN AND ACCESS STATEMENT Contents Introduction Site Claremont Hall 1.0 HERITAGE STATUS ASSESSMENT Address 44a Pentonville Road Islington 1.1 Introduction London, N1 9BY 1.2 Historic significance of Claremont Hall in the immediate locality 1.3 Architectural and townscape description Client Crafts Council 1.4 Current proposals Address 44a Pentonville road 1.5 Conclusions Islington London, N1 9BY 2.0 DESIGN PROCESS Contact Andy McGlynn, Development Director Tel. 0207 806 2520 2.1 Original Brief Email [email protected] 2.2 Assessment .1 Physical context Agent AOC Architecture Ltd .2 Historical context Address 24-28 Pritchards Road .3 Planning and policy context London, E2 9AP 2.3 Involvement: a shared conversation Contact Martha Rawlinson, Architectural Assistant 2.4 Evaluation Tel. 02077399950 Email [email protected] 3.0 DESIGN PROPOSAL 3.1 Use 3.2 Amount 3.3 Layout 3.4 Scale 3.5 Appearance (incl. hard landscape) 3.6 Site boundaries 3.7 Accessibility 3.8 Sustainability 4.0 APPENDIX 4.1 Structural Engineers Drawing AOC Architecture Ltd. The Crafts Counci 24-28 Pritchards Road, London, E2 9AP Design & Access Statement tel. 0207 739 9950 2 www.theaoc.co.uk [email protected] DESIGN AND ACCESS STATEMENT Introduction This is a Design and Access Statement in support of a formal planning application for consent to make external and internal modifications to Claremont Hall, a Grade 2 listed building, including: 1. Removal of modern non-compliant access ramps, steps and balustrading in forecourt and construction of new pre-cast concrete sloping and stepped access.
    [Show full text]
  • London Buses - Route Description
    Printed On: 26 June 2019 11:28:02 LONDON BUSES - ROUTE DESCRIPTION ROUTE 205: Paddington Station - Bow Church Date of Structural Change: 27 July 2019. Date of Service Change: 27 July 2019. Reason for Issue: Introduction of a new schedule with connection to Old Street Gyratory. STREETS TRAVERSED Towards Bow Church: Cleveland Terrace, Westbourne Terrace, Bishop's Bridge Road, Eastbourne Terrace, Praed Street, Chapel Street, Old Marylebone Road, Marylebone Road, Euston Road, Euston Bus Station, Grafton Place, Churchway, Euston Road, Pentonville Road, City Road, Old Street Roundabout, Old Street, Great Eastern Street, Holywell Lane, Shoreditch High Street, Norton Folgate, Bishopsgate, Camomile Street, Outwich Street, Houndsditch, St Botolph Street, Middlesex Street, Whitechapel High Street, Whitechapel Road, Mile End Road, Bow Road. Towards Paddington Station: Bow Road, Mile End Road, Whitechapel Road, Whitechapel High Street, St Botolph Street, Duke's Place, Bevis Marks, Camomile Street, Bishopsgate, Norton Folgate, Shoreditch High Street, Great Eastern Street, Old Street, Old Street Roundabout, City Road, City Road Bus Lane Slip Road, City Road, Pentonville Road, King's Cross Bridge, Gray's Inn Road, Euston Road, Marylebone Road, Balcombe Street, Melcombe Place, Harewood Avenue, Marylebone Road, Old Marylebone Road, Sussex Gardens, Norfolk Place, Praed Street, Eastbourne Terrace, Cleveland Terrace. AUTHORISED STANDS, CURTAILMENT POINTS, & BLIND DESCRIPTIONS Please note that only stands, curtailment points, & blind descriptions as detailed in this contractual document may be used. PADDINGTON, CLEVELAND TERRACE Public stand for two buses on south-east side of Cleveland Terrace commencing at junction with Eastbourne Mews and extending 30 metres north-east. Buses proceed from Cleveland Terrace direct to stand, departing to Cleveland Terrace.
    [Show full text]
  • Streets Apart
    Streets Apart: Outdoor Prostitution in London Julie Bindel and Helen Atkins The POPPY Project Eaves Housing for Women Second Floor Lincoln House London SW9 6DE Telephone 020 7735 2062 www.eaves4women.co.uk Charity Number 275048 Acknowledgements Thank you to those organisations which facilitated outreach for the researchers – Estelle Young, Healthy Options (Newham), Pam Mazava, Streetlink (Streatham). Sarah Stephen-Smith for the initial planning and research, and Louise Hinchliffe for her design and publishing of this document. Ken Shuttlewood from the Police Performance Information Bureau provided useful crime and arrest figures, as did Hanna Gregory from the Prostitution Strategy Team, Home Office. Thanks you also to Sue Jago, Home Office, and Chris Pellett, analyst with CO14 (Metropolitan Police Clubs and Vice Unit). 2 Contents 1. Introduction................................................................................................5 2. Aims and Methods .....................................................................................9 3. Police Responses ....................................................................................11 3.1 Anti Social Behaviour Orders ........................................................................................ 12 3.2 All Cautions for Prostitution by Borough ....................................................................... 14 3.3 Hackney ........................................................................................................................ 14 3.4 Haringey.......................................................................................................................
    [Show full text]
  • Kingscrosstoislington Maximus .Pdf
    Kings Cross to Islington Maximus Maximise Behind the scenes IMPACTS 1.46 million per 14 days Maximus are proud to present a new and exciting Mega Banner where King’s Cross is currently undergoing the largest and most exciting Kings Cross meets Islington. redevelopment in London. The area has a rich history and a unique setting. What was an underused industrial wasteland has been SIZE 9m wide x 12m high Pentonville Road is famous as one of London’s key roads as a continuation of transformed into a new and integral London hub with homes, shops, London’s main artery from East to West (A501), measuring just 0.7 miles and oces, galleries, bars, restaurants, schools, a University and of course specifically linking Kings Cross to Angel, Islington. The Pentonville Road was its famous transport interchanges. Thanks to its new reputation as a MAXIMUS FACTOR 12 originally built to connect the City of London to the Western Suburbs. Today business and creative hub, Google, The Guardian, Luis Vuitton and it is a key arterial road, busy with both trac and pedestrians alike. media giant Havas having recently moved in, with Universal Music soon to join them. VISIBILITY 50 meters The road set up means cars can only travel east-bound towards Islington ensuring that all vehicular impacts on this busy stretch of road are directly Islington is often referred to as the ‘original London Gentrification’. Now head-on. in its second ascension Islington has consistently been one of London’s TARGET GROUPS trend setters, city workers, most desirable areas over the last 25 years.
    [Show full text]
  • Urban Geology: Two New Buildings at the Angel, Islington
    Urban Geology in London No. 3 Urban Geology: Two New Buildings at The Angel, Islington The cross-roads at The Angel, Islington are where the Pentonville Road (running north) becomes the City Road (running south) and St John Street, running towards Clerkenwell and Smithfields, becomes Upper Street, the hub of Islington. Two major new office complexes, both owned by the property developers Derwent London have recently been completed which are of notable attention with respect to the geology of their building materials. Both buildings have been part rebuilds, part renovations of existing buildings, transforming their appearances. Start at the Ten Four Pentonville Road, with its striking brick façade. Ten Four Pentonville Road Situated at the start of Pentonville Road at the Angel, Ten Four Pentonville Road is a striking new office development, designed by architects Stiff + Trevillion and opened in late 2012. This is not an entirely new build, but it has renovated, restored and transformed the existing buildings, on either side of Angel Mews, without requirement for demolition. The architects have justly prided themselves on the use of natural materials and this is at its most striking in the brickwork cladding the front of the twin buildings. If you intend to spend time photographing this building, it is a good idea to ask permission and explain to the building reception what you are doing, so as not to arouse suspicions. The bricks range in colour from palest dove grey to almost black. They are supplied by a family firm of traditional brick makers, Petersen Tegl (Petersen brick), based in Broager, southern Denmark.
    [Show full text]