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One & Three Hammersmith Broadway, London W6

One & Three Hammersmith Broadway, London W6

ONE & THREE BROADWAY, W6

PRIME OFFICE INVESTMENT OPPORTUNITY WESTFIELD SHEPHERD’S LONDON SHOPPING CENTRE BUSH HAMMERSMITH EVENTIM APOLLO THE ARK OLYMPIA HYDE PARK

STAGE 6 TELEVISION STUDIO (BBC) SOLD MAR 15 £67M/3.73%

SHEPHERD’S BUSH ROAD

26/28 HAMMERSMITH GROVE SOLD JUN 15 £131M/4.11% GRIFFIN HOUSE SOLD AUG 15 £75.55M/5.06%

To 4.5 miles/15 mins >

ARGENTUM SOLD JUN 15 £15.78M/4.22%

KING STREET

A4

77 PALACE ROAD SOLD SEP 14 £81.75M/6.33%

< To London Heathrow airport 12 miles/20 mins ROAD

Indicative purposes only. ONE & THREE , LONDON W6

INVESTMENT SUMMARY

O Prime and prominent office building situated in the centre of Hammersmith O Hammersmith has the lowest office vacancy rate in London O Hammersmith is an established business location with other significant occupiers in The Broadway development including AOL, Walt Disney, EMI, Time Warner O Excellent amenities being located above the Hammersmith Broadway Shopping Centre and close to the high street where occupiers include M&S, Pret, Costa, TK Maxx and restaurants such as Bill’s and Byron O Surrounding areas of Earl’s Court and Shepherd’s Bush are undergoing significant regeneration with various iconic schemes such as the BBC TV Centre, the redevelopment of Earls Court Exhibition Centre and the Westfield extension O Attractive building with unparalleled transport links situated directly above Hammersmith Underground and bus station O Two separate long leasehold interests O A new 10 year lease to be granted to BC Property Management Limited, a subsidiary of Blenheim Chalcot on an institutional FRI lease with an upward only rent review in year five. The tenant is to have an option to renew for a further 10 years at market rent O High quality office accommodation with a newly created staff café and break out area totalling 2,678.82 sq m (28,835 sq ft) O The property has a total of 22 car parking spaces O Excellent rental growth prospects in Hammersmith with rents rising over 8% last year O Current income of £1,417,136 per annum, reflecting£49.50 per sq ft based on first to fifth floors O Offers are sought in excess of £25,500,000 (Twenty Five Million, Five Hundred Thousand Pounds), subject to contract and exclusive of VAT, equating to an attractive net initial yield of 5.25% after allowing for purchaser’s costs of 5.8% LOCAL BUSINESSES, GLOBAL BRANDS

O WORLD CLASS COMMERCIAL LOCATION O LOWEST VACANCY RATE IN LONDON O BUSINESS HUB O HIGHLY SKILLED EMPLOYMENT POOL O SIGNIFICANT INVESTMENT IN THE AREA O UNRIVALLED RENTAL GROWTH POTENTIAL O FIRST CLASS TRANSPORT AND AMENITIES

HAMMERSMITH Hammersmith is the business hub and strategic gateway in the western corridor of London connecting the area to Central London approximately four miles to the east.

The area benefits from excellent transport links with the A4 providing access into Central London approximately four miles to the east and access to the M4 (Junction 1) three miles to the west and the M4/M25 interchange 10 miles to the west.

The serves Hammersmith via four of the lines including the District, Circle, and Hammersmith and City lines providing access to Central London in approximately 20 minutes. The London Underground provides access to King’s Cross and Euston railway stations, with quickest journey times of 23 minutes and 25 minutes respectively. Shepherd’s Bush Underground is a short distance away and provides access to Central London via the Central Line. Hammersmith is also a major part of the bus network with 17 routes utilising . Hammersmith is considered one of the best connected stations in London.

The area is well connected by air with London Heathrow situated 10 miles to the west and also accessible via the London Underground () in approximately 30 minutes.

Hammersmith benefits from an extensive retail offering with the Broadway Centre and King’s Mall both providing a significant retail provision. The former has an annual footfall in excess of 37.8 million (source: completely retail). The Westfield Shopping Centre is situated nearby and provides one of the most extensive shopping destinations in London with over 300 shops, 60 drinking and dining places and a leisure offering.

The borough is home to over 10,500 businesses employing more than 127,000 people (source: Hammersmith and Fulham Borough Profile). A number of established global companies have located their headquarters in Hammersmith including GE, Disney, L’Oréal, Sony Ericsson, Phillip Morris and Virgin Media amongst others. ONE & THREE HAMMERSMITH BROADWAY, LONDON W6

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Burgess Hill A10 STRATFORD A501 Western Avenue REGENTS PARK KINGS CROSS

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HYDE PARK SHEPHERD’S BUSH

KNIGHTSBRIDGE A4

M4 COMMON HAMMERSMITH VICTORIA M 4 A4

M4 JUNCTION (Jct 1) HAMMERSMITH CHISWICK EARL’S COURT Old Kent Road CHISWICK HOUSE & GARDENS BARNES A202 PARK FULHAM PARK GARDENS

Paddington 11 minutes Great Portland Street 21 minutes King’s Cross St. Pancras 25 minutes 33 minutes LONDON HAMMERSMITH London Heathrow UNDERGROUND STATION 28 minutes 12 minutes Piccadilly Circus 15 minutes King’s Cross St. Pancras 23 minutes TRAVEL TIMES

Earls Court 7 minutes Victoria 14 minutes Westminster 17 minutes Blackfriars 21 minutes 23 minutes n Piccadilly n Hammersmith & City n Circle n District n Jubilee n Victoria n Central n Bakerloo n Northern n Metropolitan ONE & THREE HAMMERSMITH BROADWAY, LONDON W6

SITUATION One & Three Hammersmith Broadway forms part of the Centre West Development which comprises the subject property, the recently refurbished One Queen Caroline Street and the Broadway Shopping Centre. The centre has an annual footfall in excess of 37.8 million with a tenant lineup including Boots, WHSmith, Tesco, Pret, Costa, McDonalds and numerous other well known brands.

The property is prominently located on the northern side of the Hammersmith roundabout between the junctions of King Street and Shepherds Bush Road and above the entrance to Hammersmith Underground station.

The surrounding area benefits from numerous amenities including an extensive retail offering and various leisure/ cultural buildings including , London Olympia, The Lyric Theatre, and The . Further afield there is 1.3 miles to the Outline for indicative purposes only north and Earls Court 1.5 miles to the east.

As well as being a transport hub One & Three Hammersmith Broadway is well positioned to access the wider retail and leisure offerings close by. King Street, immediately to the west, provides an extensive retail offering and is undergoing regeneration with ongoing work at King’s Mall Shopping Centre.

Helical Bar and Grainger plc are in the process of developing a mixed use scheme around Hammersmith Town Hall to provide new offices, approximately 200 apartments, new retail and leisure space, and an attractive public square with works due to start in early 2016. DESCRIPTION One & Three Hammersmith Broadway was originally built in In 2012 the property was refurbished as follows: the 1980s and provides a total of 2,678.82 sq m (28,835 sq ft) Ground Floor – new reception, refurbishment of the staircase to arranged over ground and five upper floors. The property is held first floor, refurbishment of the lift (to provide access to the first floor under two separate titles: and now DDA compliant), improved lighting and reconfiguration to One Hammersmith Broadway comprising part reception (main the floorplate to create a more open floorspace. entrance area), mezzanine behind the reception and floors two to five. First Floor – new suite of four meeting/conference rooms and Three Hammersmith Broadway comprising part reception ancillary accommodation, new food preparation room, a new hub (area with the stairs leading to the first floor) and the first floor. room to serve the meeting rooms, new DDA compliant WC, and a general refurbishment. The office accommodation is situated on second to fifth floors and Second to Fifth Floors – each of the office floors refurbished to the new café and break out room are situated on the first floor. form revised office accommodation with meeting rooms and cellular The office accommodation is mainly open plan with some glazed offices in part, formation of server rooms and refurbishment of partitioning on the majority of the floors. kitchenette or installation of new kitchenette. There are two passenger lifts accessed from the mezzanine floor During 2015 the property has had an ongoing refurbishment behind and above the reception, these provide access to the second program as follows: to fifth floors. A disabled lift is accessible from ground floor reception Ground Floor – new reception fittings, new lighting, new flooring, and provides access to the mezzanine and first floor. There is also new signage, new furniture and graphics to the exterior glazing. a goods lift which services floors two to five which is accessed from To be completed by December 2015. the ground floor of Three Hammersmith Broadway. First Floor – extensive refurbishment to create a new staff café and The property is of high quality specification and provides: break out room. The café provides subsidised food and drink and informal meeting space with two meeting booths in the ‘dining area’ • VRV air conditioning of the floor. The break out room is an informal meeting space. • Raised floors (100-110 mm) the office floors are part of an ongoing • 2.8m floor to ceiling heights Second to Fifth Floors – refurbishment program to include new carpets, new glazed • Kitchenette and male & female WC’s on each of the office floors partitioning and office reconfiguration, new lighting, new office fittings • Two 10 person passenger lifts, a disabled lift and a goods lift and new furniture. The third floor has undergone refurbishment as • Shower Facilities detailed above with the second and fourth floors to be completed by • Communal café and break out room December 2015, and the fifth floor to be completed by early 2016. Once completed the tenant will have spent approximately £70 psf The property provides 22 underground car parking spaces, situated on the property over the last three years. within the Broadway Shopping Centre Car Park, with a car parking ratio of 1:1,310 sq ft. More information available on request. ONE & THREE HAMMERSMITH BROADWAY, LONDON W6

Refurbished office floor Break out room Staff café

FLOORPLANS ACCOMMODATION The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) Fifth Floor and provides the following net internal floor areas: 1 Hammersmith 5 Broadway Floor Sq M Sq Ft n Office area 5th 612.22 6,590 n Kitchen area 4th 612.22 6,590 Fourth Floor n Toilet facilities 3rd 617.24 6,644 1 Hammersmith 4 n Stairwells Broadway n Lift 2nd 616.96 6,641 1st 201.04 2,164 Reception 19.14 206 Third Floor Total 2,678.82 28,835 1 Hammersmith 3 Broadway The property provides 22 car parking spaces.

Second Floor 2 SITE AREA 1 Hammersmith The property occupies a site of approximately Broadway 0.081ha (0.2 acres).

n Café & Dining 1 First Floor n Breakout room 3 Hammersmith Breakout room Broadway n Stairwell Café Dining Area n Toilet facilities

Staff café

Floorplans for illustrative purposes only Outline for indicative purposes only

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TENURE 3 TENANCY COVENANT

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4 u 7 o St Augustine's C Priory e g 0m 10m The20m 30propertym Theatre is held on two seperate long leasehold interests The property is to be under-let to BC Hammersmith Property BC Hammersmith Property Management Limited is within Some of the notable companies in the portfolio are: Hall Ordnance Survey © Crown Copyright 2015. All rights reserved. as detailedLicence number 100022432. Plotted Scbelow:ale - 1:994 Management Limited by two separate underleases as follows: Blenheim Chalcot responsible for property management services. • Agilisys: one of the largest BPO service providers to the public sector in the UK Freehold 1. One Hammersmith Broadway Blenheim Chalcot traces its origins back to 1998, when it was Title Number NGL634727 2. Three Hammersmith Broadway set up as an IT service provider, helping large corporates to • Brightbridge Ventures: one of UK’s largest FinTech incubator London Underground Limited adapt to the fast changing technology environment at that • Captured: shared learning platform provider The underleases will be on FRI terms for 10 years from time. Since then, the two founders and an expanding team of • Contentive: global online lead generation platform Long Leasehold completion of the sale. The leases will contain upward only rent experienced and trusted CEO’s have created or acquired more • Floream: largest online business college in the UK Title Number BGL10281 reviews in year five. The tenant is to have an option to renew than 30 businesses, mostly in the core domains of Digital Hammersmith Broadway SARL • Liberis: Largest independent merchant cash advance for a further 10 years at the expiry of the lease at market rent. Finance, Digital Education, Digital Media and Digital Tech. Dated 15 April 1994 provider in the UK c. 164 years to expiry The rent is to be apportioned to each of the separate Blenheim Chalcot has over time become one of the UK’s underleases based on their respective floor areas as follows: leading ‘Venture Builders’ – having created a unique BC Hammersmith Property Management Limited corporate DNA and support system infrastructure, which One Hammersmith Broadway – the rent is £1,310,017 per 2013/14 2014/15 2015/16 Long Leasehold Long Leasehold annum which equates to £49.50 per sq ft, with zero rent allows start-up teams to efficiently and rapidly start up and 1 Hammersmith Broadway 3 Hammersmith Broadway applied to the reception. grow new businesses. Its synergetic and supportive incubator Sales £1,612,801 £1,935,107 £3,162,795 Title Number BGL41046 Title Number BGL10192 environment has nurtured many highly successful companies. BC Hammersmith BC Hammersmith Costs £1,321,027 £1,546,860 £2,956,057 Property Limited Property Limited Three Hammersmith Broadway – the rent is £107,118 per Today, these companies have sales of over £300 million and Dated 11 February 2002 Dated 3 February 1994 annum which equates to £49.50 per sq ft, with zero rent employ in excess of 3,000 people. Gross Profit £291,774 £388,2461 £206,7382 c. 164 years to expiry c. 103 years to expiry applied to the reception. Peppercorn rent Peppercorn rent Net Worth £132,947 £521,193 £727,932 The total rent passing is £1,417,136 per annum which 1. Draft figure. 2. Forecasted figure. Further information available upon request. equates to an average of £49.50 per sq ft overall. The long leaseholder of One Hammersmith Broadway has been granted, by the landlord, an exclusive right to park in 22 spaces which the landlord may from time to time designate. This right is co-terminus with the long lease of One Hammersmith Broadway expiring on 27 January 2179. HAMMERSMITH OCCUPATIONAL Date Property Description Area (sq ft) Rent (per sq ft) Tenant Term (term certain) MARKET COMMENTARY Quoting Available One Queen Caroline Street Total Building 82,893 – – £57.50 Average annual take-up in Hammersmith over the past has been Under Offer Lyric House, 149 Hammersmith Road 5th Floor 3,015 £52.50 Confidential Unknown approximately 228,000 sq ft. Take-up in 2014 totalled approximately 241,000 sq ft, exceeding both the five and 10 year averages. Under Offer One King Street 5th Floor 3,714 £55.00 Confidential 10 years (5 years)

The majority of office take-up over the last 10 years has been from companies Under Offer One King Street 4th Floor 5,102 £52.50 Confidential 10 years already based in the London Borough of Hammersmith & Fulham, however, Aug-15 227 Shepherd’s Bush Road 3rd Floor 3,613 £50.50 Starlight 15 years more recently there has been an influx of occupiers moving to Hammersmith from further afield. These include GE (West End), (), May-15 Broadway Studios Part 3rd Floor 3,000 £50.00 NPD Marketing 5 years (Knightsbridge), Medidata (Uxbridge), Philip Morris (Richmond) and Virgin Co-terminus 9 years May-15 Colet Court Part 2nd Floor 5,055 £47.00 Newell Rubbermaid Media (). (4 years) Take-up has traditionally been for Grade A accommodation, with 83% May-15 Lyric House, 149 Hammersmith Road 1st Floor 4,069 £47.50 Vessels Value 5 years of all take-up over the last 10 years falling into this category. During the last Mar-15 Griffin House Whole Building 88,872 £45.74 Virgin Media 10 years five years, Grade B take-up has further reduced and only accounted for 13%. Feb-15 200 Hammersmith Road 1st Floor 5,421 £50.00 Western Union 10 years (5 years) 10 Hammersmith Grove is the only new Grade A office building to have been delivered in the last 10 years and has benefited from the most high-profile Sept-14 10 Hammersmith Grove 6th-8th Floors 34,250 £50.00 Philip Morris 10 years letting activity. The entire building was under-offer within six months of practical Aug-14 10 Hammersmith Grove Part 2nd & 3rd Floors 22,600 £47.50 Fox Intl Channels 10 years completion and fully let within 12 months. Jul-14 10 Hammersmith Grove 1st & Part 2nd Floors 24,800 £46.00 Accor 10 years The average building/floor size of take-up in Hammersmith has remained relatively constant for the last 10 years at approximately c. 20,000 sq ft. Feb-14 10 Hammersmith Grove 4th & 5th Floors 32,000 £48.00 UK TV 15 years

INVESTMENT MARKET COMMENTARY Date Address Tenant(s) Lease Expiry Price NIY Cap Val Purchaser (Break) (per sq ft) The West London market has experienced considerable demand over Coming to New 15 year Quoting 184 Shepherds Bush Road, Shepherds Bush Dunnhumby 4.50% c.£812 - the past 12 months, with investors attracted by the strong occupational market lease c.£95.00m picture and continued rental growth in locations such as Hammersmith. 6.9 years Quoting Quoting On market Metro Building, Hammersmith Mutli-let (13 tenants) £560 - The improving economy and lack of development activity has resulted (2.7 years) £61.00m 6.00% in extremely low vacancy rates and the potential for continued rental Overseas private Aug-15 Griffin House, 161 Hammersmith Road Virgin Media Ltd 9.7 years £75.55m 5.06% £850 growth has attracted investors to this booming market. investor

With yields in the West End and City of London reaching all-time lows, Jun-15 Argentum, Hammersmith Regus 5.2 years £15.78m 4.22% £623 Royal London 7.2 years investors are pursuing opportunities outside of these core markets in Mar-15 26-28 Hammersmith Grove, Hammersmith Multi-Let (31 tenants) £130.00m 4.31% £636 Hermes (4.3 years) the search for higher returns. Mar-15 Stage 6 Television Studio, Shepherds Bush BBC Worldwide Ltd 25 years £67.00m 3.75% £713 Aviva The Hammersmith market in particular offers robust occupational Mar-15 St George’s House West, Wimbledon Multi-Let (4 tenants) 8.7 years £58.70m 4.56% £691 Orchard Street and investment credentials, underpinned by a severe lack of supply, Multi-Let (Thames Tower – Eastern attractive current rents relative to the West End, strong rental growth Jan-15 Landmark House & Thames Tower, Hammersmith Vacant) (Landmark House – 0.7 years £57.00m N/A £421 & Oriental prospects and excellent transport links. Various short term leases) 16.0 years Dec-14 43 , Hammersmith Halcrow Group Ltd £54.90m 4.95% £640 IVG (11.0 years) Jun-14 27 Wrights Lane, Kensington Warner/Chappell Music Ltd 6.5 years £60.00m 4.23% £867 Warner Music Group M1 A1(M)

ONE & THREE HAMMERSMITH BROADWAY, LONDON W6 M11

M10

REGENERATION M25 Hammersmith continues to undergo regeneration improving both the residential and commercial markets for the M25 area. A number of projects are currently ongoing or in the planning process including the below: M1 M11

M40

£32.50 LONDONEaling Paddington £27.50 Maidenhead Uxbridge £32.00 £32.50 West End £60.00 Slough £130.00 £80.00 M25 A404(M) Chiswick £58.00 £65.00 City M4 £57.50 Mid Town £33.00 Windsor M4 Heathrow HAMMERSMITH EARLS COURT REDEVELOPMENT KING STREET DEVELOPMENT,Reading ST JAMES, WHITE CITY £28.60 £28.00 HAMMERSMITH Staines Nearby Earls Court is subject to one of the biggest redevelopments in London. Over A329(MIn) May 2015 St James secured planning £32.50 permission for a new development with Brentford the next 15 years an £8 billion, 77 acre scheme will be developed with proposals to Helical Bar and Grainger plc joint venture £21.50 £33.00 build 7,500 new homes and a new high street running through the centre. The scheme to deliver a £150m mixed use scheme up to 1,465 homes in White City. The wider development aims to deliver up to will create up to 10,000 new permanent jobs and a further 36,000 construction jobs. providing new offices, approximately 200 M3 1,465 new homes, alongBracknell with commercial, There will also be a new primary school, a large sporting and leisure facility, £5 million apartments, new retail and leisure space office, community and leisure space. The improvements to Station, improvements to the streets and public realm (including a new three screen Curzon development will bring £615m of investment M2 M20 and the creation of 27 acres of green space. Finally the Empress State building will be cinema) and an attractive public square. The to the area, creating 620 jobs in construction M25 M25 converted to provide a further 500 homes. development is due for completion in 2019. and 350 permanent jobs. The scheme will be delivered in phases over a 15 year period.

M26 M20 £21.00 M3 M25 Basingstoke

M23

HAMMERSMITH FLYUNDER FULHAM REACH WESTFIELD PHASE 2 BBC TELEVISION CENTRE, BBC MEDIA VILLAGE, IMPERIAL WEST (SOUTH), WHITE CITY WHITE CITY WHITE CITY There are ongoing discussions for the A recent regeneration project in Westfield have long had plans to invest £1bn redevelopment of the Hammersmith Hammersmith is the Fulham Reach to redevelop the land to the north of Westfield The redevelopment of the BBC The BBC are reducing their operations A development site with outline planning flyover to create the ‘Hammersmith development which is a 7.25 acre mixed London. In April 2014 outline planning Television Centre will transform the at BBC Media Village and have permission for a residential-led scheme consent was granted to build 1,347 new Flyunder’ which would be built use development comprising approximately area hugely providing up to 950 new vacated some of the buildings initiating comprising up to 1,150 new homes plus homes as mixed-use blocks and standalone underground and with the removal of 750 new homes and over 44,000 sq ft homes, 500,000 sq ft of new Grade A the refurbishment and re-letting of retail and office accommodation arranged residential. The refined scheme will create the flyover, would free up 360,000 sq m of restaurant, retail and office space. offices with BBC Worldwide already in the existing buildings as well as the over 11 buildings. Imperial College, (circa £1 billion) worth of residential and distinct but integrated zones including retail, The development is due for completion with an 800,000 sq ft extension to Westfield residence, a 47 bedroom hotel and new redevelopment of the 3 acre site for London acquired the site in 2013 and commercial space. The development in 2017. London and a new flagship John Lewis private members’ club from House, 180,000 sq ft of mixed-use development, are currently working on a masterplan would take three years to complete once department store, and residential helping to significant leisure offerings with all day which currently has planning permission to create a world-leading technology the project has been approved and create a residential community and further cafés, restaurants and an independent for an office and music centre. innovation campus which will ultimately is estimated to cost up to £1.7 billion green space. The aim is for the scheme cinema and a mix of quality amenities. integrate with Imperial West (North) depending on the extent of the ‘Flyunder’. to be open in time for Christmas 2017. creating a campus of over 3 million sq ft. CAR PARKING SERVICE CHARGE The current Car Parking Service Charge for One and Three Hammersmith Broadway, for the year ending 31/03/2016 is £39,608.

BUILDING SERVICE CHARGE The current Building Service Charge for One Hammersmith Broadway, for the year ending 31/03/2016 is £10,050.41.

The current Building Service Charge for Three Hammersmith Broadway, for the year ending 31/03/2016 is £68,342.82.

The total building service charge for the year ending 31/03/2016 is £78,393.23 which equates to £2.72 psf and is paid to Hammersmith Broadway SARL.

CAPITAL ALLOWANCES Any capital allowances available to a qualifying purchaser can be made available by separate negotiation. More information can be provided upon request.

EPC The property has been rated C(61) on the EPC rating list. More information available on request.

VAT We understand the property is elected for VAT which will be chargeable on the purchase price. It is anticipated that the transaction is to be treated as a transfer of a going concern (TOGC).

DATAROOM A dataroom is available. Further information upon request. PROPOSAL Offers are sought in excess of £25,500,000 (Twenty Five Million, Five Hundred Thousand Pounds), subject to contract and exclusive of VAT, equating to an attractive net initial yield of 5.25% after allowing for purchaser’s costs of 5.8%

FOR FURTHER INFORMATION OR TO MAKE ARRANGEMENTS FOR VIEWING PLEASE CONTACT:

Scott Tyler Ben Blinston-Jones Guy Scott Plummer Richard Lea 020 7543 6719 020 7543 6716 020 7543 6726 020 7543 6832 [email protected] [email protected] [email protected] [email protected] www.allsop.co.uk

Misrepresentation Act: 1. Allsop LLP on its own behalf and on behalf of the vendor/lessor of this property whose agent Allsop LLP is, gives notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither Allsop LLP nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. 2. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. Allsop is the trading name of Allsop LLP. Design: CommandD www.commandHQ.co.uk 10.15 www.allsop.co.uk