EGHAM – 195-198 HIGH STREET Affluent London Commuter Town Investment Opportunity, with Massing Potential (STPP)

EGHAM – 195-198 HIGH STREET Affluent London commuter town Investment Opportunity, with massing potential (STPP)

Sat Nav Ref: TW20 9ED Fawcett Mead

2 EGHAM – 195-198 HIGH STREET £103,000 per annum per annum £103,000 £300 psf 6.63% 6.91% 7.07% 7.23% £1,500,000 Price: Rent: 6.47% Yield: Capital Value: rental uplifts, the Based on the fixed 2024 will be as follows: running yield until Yield Date Dec - 2021 Dec - 2022 Dec - 2023 Dec - 2024 Situated in Egham, an affluent and vibrant university town on the outskirts on the outskirts university town and vibrant in Egham, an affluent Situated London. of Greater which has made road and transport infrastructure Egham has fantastic London commuters. it popular amongst positions in the town. holds one of the most prominent The subject property as it is home to affluent student population Egham has a substantial University. Royal Holloway Egham Town Centre is taking place within A £60 million redevelopment retail and residential space. providing modern plus a popular independent businesses, Let to two long-established takeaway business. Nearby tenants include: Freehold • • • • • • • INVESTMENT SUMMARY SUMMARY INVESTMENT • A127A127 A12A12 Grays South Ockendon A2 M20M20 A414 M25M25 Upminster Brentwood M26M26 Purfleet KENT Eynsford Dartford Chipping Ongar Sevenoaks Elm Park Elm A21 Rainham Gidea Park Gidea Harold Hill Harold Hornchurch Romford ESSEX Shoreham M25M25 Erith Dagenham A12A12 Becontree BEXLEY Bexleyheath Swanley Chadwell Heath A13 A13 Collier Row Hainault East Wickham Orpington Sidcup Barking A20A20 Grange Hill Grange Newbury Park Epping Westerham A21 Thamesmead Goodmayes Plumstead A2A2 M11M11 Petts Wood Petts Chigwell Theydon Bois Beckton Clayhall East Ham East Downe Eltham Ilford Barkingside Woolwich Upton Chislehurst Loughton Oxted CITY AIRPORT Keston Gants Hill Gants Forest Gate A2A2 Charlton Biggin Hill Plaistow A12 A12 NEWHAM Hayes Leytonstone Bromley A102A102 Blackheath Hale End Woodford

Stratford Fawcett Mead M25M25 Waltham Abbey Greenwich Buckhurst Hill Buckhurst A205A205 Walthamstow Catford Lewisham 3 EGHAM – 195-198 HIGH STREET Poplar Bow Leyton Dogs Isle of Limehouse Peckham Cheshunt Chingford Higham Hill Warlingham Godstone Godstone Beckenham A10A10 Lower Clapton A2A2 New Addington Forest Hill Forest Lock Penge Upper Clapton Upper West Wickham Enfield Highams Park A232A232 Deptford A10A10 A22A22 Stepney Caterham Camberwell Dulwich Rotherhithe A10 A10 Tottenham Upper Norwood Hackney Kenley Palace Crystal Bletchingley Edmonton Tulse Hill Tulse Bermondsey Thornton Heath Kennington Highbury Brixton Croydon Winchmore Hill Winchmore A23A23 Enfield Shoreditch Hornsey CITY OF CITY Islington LONDON Vauxhall A23A23 Palmers Green Palmers Coulsdon Canonbury Merstham Stoke Newington Stoke A1 A1 Purley Strand Muswell Hill Wood Green Clapham A406A406 Streatham Town Battersea A3A3 Mitcham Redhill Westminster Camden Town Camden Kentish A214A214 Crouch End Crouch A24A24 Carshalton Highgate Sutton Hadley Wood Wandsworth Wood Potters Bar Potters A41 A41 Marylebone Kingswood St John’s East Finchley Finchley Banstead Friern Barnet Friern Barnet Fulham Green Hampstead Golders Morden Reigate A217A217 A24A24 A4A4 Wimbledon Kilburn Notting Hill Cockfosters Cheam Raynes Park Raynes A240A240 A1(M)A1(M) Maida Vale Putney Cricklewood Hammersmith Bush Mill Hill Barnes Hendon A406 A406 Tadworth A1A1 Ewell Burgh Heath Burgh Shepherd’s A205A205 Walton on the Hill Walton Willesden A24A24 Worcester Park Worcester Borehamwood Chiswick Neasden Kensal Green Kensal Epsom M25M25 Colindale Kew Kingsbury Acton New Malden Chessington Richmond Kingston Kingston upon Thames Edgware Queensbury Ham Perivale A243A243 Ealing Wembley Radlett Ashtead Surbiton Kenton Sudbury Brentford A4A4 M25M25 Leatherhead St Margarets Fetcham A309A309 Isleworth A40A40 Dorking Hampton Claygate Oxshott Greenford Stanmore A316A316 Harrow Harrow Northolt Wealdstone East on the Hill the on M1M1 A41A41 Southall A3A3 Esher Teddington Whitton Heston Molesey Bushey Hounslow Oxhey Cobham A312A312 A308A308 East Horsley Twickenham Yeading Stoke D’Abernon Stoke SURREY Pinner A30A30 Feltham M4M4 Hayes Kings Langley Sunbury Northwood Walton-on- Thames Weybridge Hillingdon Watford M3M3 Ruislip A3A3 A308A308 Rickmansworth West Clandon Uxbridge AIRPORT The M3 motorway is located approximately 2 miles to the south of Egham, In Southampton. to down and London into access vehicular direct providing addition, the M25 runs through Egham allowing for easy travel to London’s popular suburban towns by commuters. Egham railway station is located towards the southern end of the town centre. town the of end southern the towards located is station railway Egham approximately of time journey a with Waterloo London to frequently run Trains 40 minutes which has attracted many London commuters. Reading station minutes. is also directly accessible with a journey time of around 45 mins 15 of time journey a with Egham of north just located is Heathrow London by car. Gatwick and London Luton airports are also in reasonable proximity with a car journey times of 40 minutes and 50 minutes. HEATHROW Ripley M25M25 HERTFORDSHIRE Staines M25M25 M25M25 A30A30 Chertsey LOCATION approximately Surrey, in Runnymede of Borough the in town university a is Egham Reading. 18 miles to the west of 20 miles east of central London and University of London Royal Holloway College with its population of circa 10,000 students lies approximately 1 mile away at currently and Englefieldproperty Green.subject Strode’sthe of Sixtheast Form the to meters 300 under situated is College has approximately 1300 students. Bovingdon Guildford Chelfont St Peter Woking Iver M4M4 Heath Gerrards Cross Gerrards Virginia Water Virginia Chobham EGHAM Fawcett Mead

4 EGHAM – 195-198 HIGH STREET Royal Holloway University is situated 1 mile to the east of Egham town centre and currently has well in excess in ranked is university The attending. students 10,000 of the top 300 universities worldwide by the Times Higher Form Sixth Strode’s Rankings. University World Education College is situated in the town centre, with a student population of approximately of population student a with centre, town the in situated is College of amount large a it with brings Egham within population student large This 1300. Egham. disposable income which can only benefit businesses within Wilkins Kennedy and Menzies due to the towns close proximity to London to proximity close towns the to due Menzies and Kennedy Wilkins and excellent infrastructure. The town has attracted several major office occupiers including Proctor including occupiers office major several attracted has town The & Gamble, Centrica /British Gas, Future Electronics, Belron and Kerry Foods. Smaller local companies also are attracted to Egham such as In 2018, Egham boasted an affluent population of around 28,000, with amounts high indicating status social AB of as classed being 30% around of disposable income (CityPopulation). DEMOGRAPHICS Fawcett Mead

5 EGHAM – 195-198 HIGH STREET CGI of Egham Gateway West Development bounded at Station Road North, High Street and Church Road where a new retail and retail new a where Road Church and Street High North, Road Station at bounded include highlights redevelopment The 2021. late by created be to is space residential cinema. screen four a and restaurants shops, block, student bed 100 a homes, new 100 A A £60 million redevelopment is currently taking place at Egham Gateway West, Retailing in Egham is focused towards the western national end from of tenants of High variety Street, a boasts the Street town’s High thoroughfare. retail prime 100% retailers national notable Some cafes. and businesses independent small to retailers here include: RETAILING IN EGHAM IN EGHAM RETAILING Fawcett Mead

6 EGHAM – 195-198 HIGH STREET  The subject property comprises an end-terrace building of traditional of building end-terrace an comprises property subject The brick construction, and is arranged over the ground and first floor. Street. High on entrance designated a via accessed is floor first The area, services and park car space 11 large a from benefits property The Road. Milton off just located is which property, the of rear the at found The property presents deliverable massing opportunities (STPP), and in keeping with the remainder of the parade. SITUATION at Street, High of end eastern the at situated is property subject The opposite (A30), Hill Egham meets Street High where roundabout the the opposite diagonally and Arms Kings refurbished newly the from Maranello Showroom. include: Some notable nearby national covenants DESCRIPTION Royal Holloway University University Holloway Royal Fawcett Mead

7 EGHAM – 195-198 HIGH STREET 5 yearly rent reviews higher of OMV or RPI. 5 yearly rent reviews higher of OMV Stepped Rent: – 15/04/202116/04/2020 – £32,500 pa 16/04/2021 – £35,000 pa – 15/04/2023 16/04/2023 – £37,500 pa Stepped Rent: 01/08/2022 – £47,500 pa Stepped Rent: £25,500 pa – 31/07/2022 – 01/08/2020 £27,500 pa 31/07/2024 – 01/08/2022 – pa £30,000 31/07/2025 – 01/08/2024 – Comments Comments 1,200 1,300 2,500 5,000 5,000 Area (sq ft)* (sq Area £32,500 £25,500 £45,000 £103,000 Rent (p/a) (p/a) Rent End Date End Date 31/07/2025 31/07/2024 15/04/2035 Start Date Date Start 01/08/2019 01/08/2019 16/04/2020 5 years 6 years 15 years Lease Term Term Lease Tecnica Building Services Limited Cheeky Chicken and Grill Limited Pepperstitch Design Limited Tenant Tenant 196-197 High Street (First Floor) Total 198 High Street 195 High Street Address Address *All properties are let on FRI leases. *There has been no rental concessions during lockdown. *Fawcett Mead have not measured the subject property. TENANCY SCHEDULE & ACCOMMODATION & ACCOMMODATION SCHEDULE TENANCY Fawcett Mead

8 EGHAM – 195-198 HIGH STREET Cheeky Chicken and Grill Limited Tecnica Building Services Limited Pepperstitch Design Limited The company displays a Creditsafe rating of B-56, indicating “low risk” of default. leisure, residential and travel sectors. They have invested heavily over the last 15 years since they took occupation. services engineering consultancy, specialising in construction projects. The company boast a large portfolio of clients across the commercial, retail, Tecnica Building Services Limited (03507987) Tecnica Building Services Limited Tecnica Building Services Limited is a MEP building chicken-based takeaway meals. The company have extensively have and £125,000 of excess in invested refitted the property to help meet their already popular demand. Cheeky Chicken and Grill Limited (12042035) fast established newly a are Grill and Chicken Cheeky food takeaway company serving a wide variety of They have been in occupation at the property for over 15 years. design company who trade on the throughout most Surrey and part the south east of England. COVENANT INFORMATION COVENANT Limited (02994275) Pepperstitch Design Pepperstitch Designs are a well-established interior Freehold. TENURE Fawcett Mead

9 EGHAM – 195-198 HIGH STREET Created By: Fawcettmead

STRODE’S COLLEGE : For more information on our products and services Experian Goad Plan Created: 19/10/2020 Located on High Street, the towns principal retail thoroughfare. www.experian.co.uk/goad | [email protected] | 0845 601 6011 www.experian.co.uk/goad | [email protected] m Egha

EPC A copy of the Energy Performance Certificate is available upon request.

M25 E&M TECNIA E&M

FIRST FLOOR A30 PEPPER- STITCH

THE KINGSARMS DESIGN

CHEEKY

CHICKEN MARANELLO SHOWROOM MARANELLO

50 metres Copyright and confidentiality Experian, 2020. © Crown copyright and Copyright and confidentiality Experian, 2020. © Crown database rights 2020. OS 100019885 as a transfer of a going concern (TOGC). VAT We understand that the property is elected for treated be will sale the that anticipated is It VAT. Fawcett Mead

10 EGHAM – 195-198 HIGH STREET net initial yield net initial yield (One £1,500,000 Million Five Hundred Thousand PROPOSAL We have been instructed to seek offers in excess of A VAT. of exclusive and contract to subject Pounds) a reflect would level this at purchase assuming purchaser costs of 6.1%. assuming purchaser 6.47% of Patrick Kilvington Kilvington Patrick [email protected] 020 7182 7486 07860 625 512 Joe Baio [email protected] 020 7182 7489 07515 889 649 

y are expressly excluded from any contract. SUBJECT TO CONTRACT Misrepresentation Act: The particulars in this brochure are believed to be correct, but accuracy cannot be guaranteed and the Designed by Graphic Outlines Ltd 2020 Graham Fawcett Graham [email protected] 020 7182 7482 07980 548 852 FURTHER INFORMATION

Egham Gateway Egham Gateway West Development West