The Parade Prime Multi-Let Investment Opportunity INVESTMENT SUMMARY The property encompasses the

Swindon is located in the prosperous south of England, entire northern side of The Parade, approximately 30 miles south west of Oxford and 80 which occupies the prime pitch miles west of . between The Brunel Centre/Regent The town has a large catchment population (ranked Street to the south and the railway 36th in the UK) with few nearby competing retail centres. and bus stations to the north.

The property encompasses the entire northern side of The Parade and occupies a 100% prime pitch, situated between The Brunel Centre/Regent Street to the south and the railway and bus stations to the north.

The property comprises 16 retail units and one residential apartment.

Freehold.

99.6% of income secured against national multiple retailers including Topshop, H&M, River Island, Wilko, Schuh and Natwest.

The block provides an attractive WAULT of 8.25 years (5.76 years to break).

Total gross rental income of £2,099,500 pa (net income of £1,824,730 pa).

Top rents on The Parade have been re-based at between £105-£120 Zone A, with the property providing a total rental value of £2,112,500 pa.

We have been instructed to seek offers in excess of £25,000,000 (Twenty Five Million Pounds), subject to contract and exclusive of VAT. This would reflect an attractive Net Initial Yield of 6.84% after the deduction of standard purchaser’s costs of 6.76%.

The Parade Swindon Swindon Rail Station

Swindon 17 Mansfield Matlock Bus Station Leek LOCATION Crewe 28 A15 Newark- A17 A52 16 on-Trent Nantwich A500 27 Wrexham A38 A607 Eastwood A46 Swindon is the principal commercial and A52 Ashbourne A17 Newcastle- A1121 Boston Ilkeston 26 15 Under-Lyme A52 A1 A52 administrative centre of . The town is A50 A53 A34 Proposed NNOTTINGHAMew A52 A16 Uttoxeter DERBY 25 Grantham A52 located in the south of England, approximately Stone Bus Station A17

A15 M6 A50 A607 30 miles (48 km) south west of Oxford, 40 miles A51 24 14 Burton uponEAST A151 A515 Trent MIDLANDS Spalding Stafford PA38 King's (64 km) to the east of and 80 miles (134 Melton A17 Lynn

A42 Mowbray A1101 Newport 13 Rugeley 23 A47 km) west of London. A607 A606 M1 A1 A16 22 7 A16 6 12 Cannock 11 Stamford A10 Swindon benefits from excellent communication links to the 5 Wisbech 11 A606 Downham Telford M54 A1139 2 M42 LEICESTER A1122Market national road network with the town centre being accessed M6(T) A47P A6003 P A47 Walsall 21 A47 Peterborough WOLVERHAMPTON 10 Wigston March directly via Junctions 15 & 16 of the M4 motorway, running M69 A43 8 7 Hinckley A6 9 West Bromwich M6 Nuneaton 2 between Reading and Bristol. The A417/A419 connects 1 1 6 BRIDGE STRDudleyEET 5 8 M1 A10 2 A427 Corby A605 Swindon to the M5, and Gloucester. BIRMINGHAM A141 A6116 Halesowen 3 20 3 BIRMINGHAM 6 2 M6 A1 Ely Swindon is located on the main West Country train line with Solihull M42 1 Kettering A142 Kidderminster M5 5 COVENTRY 19 4 4 Rugby Huntingdon Mildenhall fast, frequent services to London Paddington with a journey 2 18 A508 A43 A14 1 3 A45 Bromsgrove 16 St Ives M42 M45 17 A10 time of approximately 57 minutes. A448 M40 Leamington Wellingborough Rushden A449 A14 5 Redditch Spa A14 Newmarket 15 14 Northampton A45 A6 have also unveiled plans to build a new 6.5km ALK A441 13REGENT STREDaventryET A428 14 M5 16 St Neots 13 A435 A428 Cambridge rail link between the and London A44 6 A46 12 A442 A429 15 Worcester 12 A43 CANAL W A428 11 Heathrow Airport. The route will halve the travel time from 7 Bedford A11 A4103 M1 M11 A508 A46 A5 10 Reading to Heathrow to 26 minutes, subsequently Swindon Great A10 A438 Newport Biggleswade Haverhill Malvern A44 Banbury A6 Evesham Pagnell A505 9 A438 11 will gain a direct rail link to Heathrow Airport Terminal 5 with 14 A43 Milton A1 Royston Hereford 8 A422 A421 Saffron 1 A44 Keynes 13 Walden an estimated travel time of 60 minutes. The development is 10 A505 *for indicative purposes only A46 Letchworth 2 9 currently in its final round of statutory public consultation and A465 Tewkesbury 9 M50 A43 Leighton 12 Hitchin M5 10 A5 A44 Buzzard 8 will be submitted for planning permission in 2019. A49 10 4 3 M40 M1 A1(M) Braintree GLOUCESTERSHIRE Luton Stevenage STANSTED Cheltenham Dunstable 11 7 A602 A40 11 Bicester 8 Gloucester A41 Bishop's A120 9 10 LUTON Welwyn StoA10 rtford A130 A40 A34 A436 6Garden Aylesbury 9 City Ware A40 Kidlington A417 Witney Tring Hemel 5 Hertford M11 12 A429 St 4 A40 A41 Hempstead Harlow A40 Oxford 8 Albans Hatfield A413 M10 3 Chelmsford 13 A40 Berkhamsted Hoddesdon7 A48 7 1 2 8 A418 Thame A414

M5 A419 7 A4010 22 20 Amersham 24 M25 25 26 A12 19 5 A420 Abingdon High Watford 6 18 Barnet Enfield 5 5 Wycombe 4 Chigwell Chepstow 17 A10 14 A419 Didcot M40 M11 28 2 SWINDON 4 Beaconsfield A12 Brentwood M48 3 M1 2 A406 4 1 A433 2 29 23 Marlow A127 1 Newport 21 A40 Harrow A41 M4 22 1 M25 A13 Swindon benefits from excellent Uxbridge A406 CITY SECOND SEVERN M49 16 Henley- Maidenhead A13 CROSSING OPEN 16 A429 17 15 on-Thames Slough SUMMER 1996 M4 LONDON 30 19 17 7 6 A346 Woolwich 18 4 2 1 31 1 M4 18 A34 3 Tilbury communication links to the national LYNEHAM 19 2 Windsor A4 M32 14 M5 3 M4Reading Richmond A205 Dartford Gravesend 14 13 A329(M) 13 HEATHROW A20 A2 2 A46 A350 12 A2 20 BRISTOL 10 Bracknell Staines 1 Kingston Swanley road network with the town centre 11 upon Thames A4 Newbury A38 Melksham A37 11 A232 Chatham Bath Sutton Croydon 3 4 being accessed directly via Junctions 15 BRISTOL Devizes Camberley Epsom M20 A36 A34 M25 M25 2 10 A22 3 A338 A33 4 Woking 9 A339 A24 A23 M26 Trowbridge 9 5 Leatherhead 7 M25 Sevenoaks A228 & 16 of the M4 motorway. A3 A361 5 Basingstoke 8 6 A21 6 M3 Aldershot Dorking Redhill A26 Reigate Oxted Frome Andover 7 Farnham Guildford Tonbridge Warminster A31 A22 A361 A24 M23 8 Godalming A36 GATWICK East A303 A303 Alton 9 Grinstead Tunbridge Wells A361 A264 10 A34 Crawley A21 A338 M3 A264 A37 A31 Haslemere 11 A3 A26 9 Horsham A22 Salisbury Winchester Crowborough A303 The Parade Swindon A350 DEMOGRAPHICS EMPLOYMENT

Swindon’s primary catchment population is Swindon is a popular commuter town and 516,000 people, ranking the town 36th out major employment centre. Over the years, of the top 200 PMA centres. The primary Swindon has attracted a large number of well- catchment area for Swindon is extensive with known companies including: Honda UK, BMW few nearby competing centres: the catchment Mini, Motorola, Zurich, Nationwide, WH Smith, includes Marlborough to the south, Chippenham Npower, National Trust and First Great Western. to the west and Oxford to the north east. The map below illustrates the primary, secondary, tertiary and quaternary catchment of Swindon based on data from CACI. 2017 unemployment rate (down from 4.5% 7.2% in 2015)

Cheltenham Gloucester % increase in house prices during 2017 4.6%

Oxford

UK ranking in terms of volume of 26th retail spend available

SWINDON

Social Structure of Swindon’s catchment 30 Bath

25 24.7 Primary 22.3 Secondary Basingstoke 20 Tertiary 19.9 Quatemary 15 15 13.4 10 11

Swindon is estimated to benefit from above average 5 population growth of 0.9% per annum in the period 2018- 2021. The population is relatively young with all age brackets 0 % of ‘Higher managerial % of ‘professional and business % of households in the between 0-17 years and 30-44 being above the national and admin professionals’ services professionals’ category ‘Executive Wealth’ average. Swindon ranks 26th in terms of the volume of retail Swindon UK Average spend available in the catchment area and is forecast to see (PROMIS) above average growth in the available pool of comparison spending over the period of 2018-2021, boding well for retailing here. (PROMIS)

The Parade Swindon SWINDON REGENERATION RETAILING IN SWINDON

Forward Swindon, a limited company owned by The two main areas of focus are the area between Swindon Town Centre retail floorspace in Swindon is Swindon Borough Council, developed a master railway station and the retail core where the subject property estimated at 1.10 million sq ft ranking the town lies, as well as land adjacent to North Star Avenue, a 10 plan in 2013 to assess the strategic options for minute walk from the town centre. 79th on this measure. As such, relative to its the regeneration of Swindon town centre. catchment ranking, Swindon is under provided An example of Swindon’s planned regeneration is A revised masterplan will be available from July 2018, when Kimmerfields, an office and residential led development for in terms of town centre floorspace. (PROMIS) the development phases will be announced. The chosen sites planned for a 20 acre site between Swindon railway station Historically the prime pitch in Swindon extended along the currently have outline planning permission and aim to achieve and the retail core. The Council are currently out to tender pedestrianised Regent Street, between its junctions with the following: for a development partner to deliver 600,000 sq ft of Havelock Square to the south and The Parade to the north. • Improve Swindon’s offer to businesses and employees office space, 450 new homes, a hotel, and 145,000 sq ft Anchor tenants here include Primark and M&S. Prime pitch of retail floorspace. The development is estimated to cost is now commonly viewed to have shifted to The Parade, • Create a new public realm with office space, cafés, £300m and be undertaken in several phases, with targeted following Aberdeen Standard’s extensive redevelopment, restaurants, bars and residential development completion in 2027. The first phase has been completed by with a far superior shop configuration, urban fabric and tenant • Improve town centre infrastructure and transport links, Muse Developments, providing an assisted living residential mix, which has been reflected by a higher rental tone. building, 850 space multi-storey car park and 4 storey NHS particularly along Fleming Way The principal shopping centre is The Brunel Centre, which health centre. is split into two covered precincts: Brunel Plaza and Brunel Arcade, linked at first floor level. Anchor tenants include: Sainsbury’s, Boots and Argos.

The Parade Swindon SITUATION DESCRIPTION

The property encompasses the entire north The property is the dominant landmark retail The majority of façades of the units on the northern side side of The Parade and occupies a 100% prime block in Swindon town centre. The site provides of The Parade have recently been re-developed providing attractive, well-configured units with double height glazed pitch, situated between The Brunel Shopping 16 retail units and a residential apartment, frontage, with the block being viewed as the best retail offer Centre / Regent Street to the south and the providing a total of 123,090 sq ft (11,435 sq m) of in Swindon. Retailers in occupation include: H&M, River Island, railway and bus station to the north. The accommodation. Topshop / Topman, Schuh, Clarks and Costa. Parade is the principal thoroughfare between the train / bus stations and the historic retail core and benefits from high footfall. ACCOMODATION SCHEDULE The property is a 5 minute walk from Swindon Railway GROUND FLOOR FIRST FLOOR Station and a 4 minute walk from the central bus station. SECOND FLOOR TOTAL AREA ADDRESS TENANT NAME ITZA ANCILLARY (NIA) There are regular bus services throughout the town SALES SALES ANCILLARY centre, stopping on Fleming Way immediately adjacent to TOP SHOP/TOP MAN 44 THE PARADE (UNIT 1) 4,751 2,157 4,690 9,441 H&M and Debenhams. PROPERTIES LTD There are numerous car parks within the town centre, 42 THE PARADE (UNIT 2) SCHUH LTD 1,368 687 1,342 2,710 offering circa 3,400 parking spaces, the largest of which 40 THE PARADE (UNIT 3A) SMIGGLE UK LIMITED 910 605 910

are located at the Kimmerfields development site, Brunel 38 THE PARADE (UNIT 4) FOOTASYLUM LIMITED 3,598 1,184 2,275 5,873 Shopping Centre and the car park at Fleming Way, RIVER ISLAND CLOTHING CO 36 THE PARADE (UNIT 5) 3,982 1,247 4,646 8,628 adjacent to the subject property. LTD

34 THE PARADE (UNIT 6A) WILKO RETAIL LIMITED 15,283 2,714 3,847 19,130

C o 34B THE PARADE (UNIT 6B) VACANT (FORMER BHS UPPERS) 890 599 15,171 4,639 20,700 r C p o o r u a n Swindon t t 32 THE PARADE (UNIT 7) COSTA LIMITED 1,846 801 1,683 3,529 io y d R n R

on S r Rd d ti t ste a che 28-30 THE PARADE NATWEST 2,837 1,165 4,729 7,566 St Man

t t d S 24-26 THE PARADE VACANT 2,050 866 2,050 S ilfor M d

ar p p C & J CLARK INTERNATIONAL The Parade 20-22 THE PARADE 2,075 875 2,038 4,113 She LTD

B r i t d g F n S le g Wy 16-18 THE PARADE SAVERS HEALTH & BEAUTY LTD 2,089 884 1,331 3,420 o e mi in d ng em n S Wy Fl Lo t

I P s 12-14 THE PARADE VACANT 2,097 883 2,049 4,146 t l r i i n S n et e St g g c le e le F d l t e o o H&M HENNES & MAURITZ UK a s r C n 2-10 THE PARADE 12,434 (GIA) 11,884 (GIA) 24,318 (GIA) a S P LTD S R t e e t d h gew g d are Rd R T e E

n n o t POWER LEISURE BOOKMAKERS M d S 37 BRIDGE STREET 2,174 1,006 709 2,883

g il t in to C LTD ar n l F R a d r e WILLIAM HILL ORGANISATION n c 38 BRIDGE STREET 1,374 594 975 327 2,676 e LTD

Regent S Circus t Temple St Rd well MS BELEZA COUTINHO - ound 37A BRIDGE STREET 39 (GIA) 958 (GIA) 997 (GIA) t Gr (RESIDENTIAL TENANT) S is C rt rom u bey C St TOTAL 59,797 sq ft 12,842 sq ft 41,638 sq ft 8,813 sq ft 123,090 sq ft

The Parade Swindon TO LET

TO LET

The Parade Swindon Experian Goad Plan Created: 13/06/2018 TENURE

The property is held on a Freehold basis.

TENANCIES The property is let in accordance with the tenancy schedule overleaf. There are a total of 14 tenants, across 14 leases. The majority of leases are drawn on effective full repairing and insuring terms (FRI) with the recovery of landlord’s costs through a service charge provision. The current gross income is £2,099,500 per annum. The current net income after deduction of landlord’s shortfalls is £1,824,730 per annum. Trading feedback from the majority of retailers within the property is positive. From the occupiers providing turnover figures, sales in May 2018 were up by 10.9% month-on-month.

The Parade Swindon TENANCY SCHEDULE

SERVICE TOTAL CURRENT RENTAL VALUE SERVICE RATES ADDRESS TENANT LEASE START LEASE EXPIRY NEXT REVIEW BREAK OPTION ERV ZONE A CHARGE INSURANCE LANDLORD COMMENTS RENT (PA) (PA) CHARGE CAP PAYABLE 17-18 2018/19 SHORTFALLS TOP SHOP/TOP 44 THE PARADE (UNIT 1) MAN PROPERTIES 06/09/2010 05/09/2025 06/09/2020 £295,000 £275,000 £105 £9,266.23 £1,235.55 £106,338.00 LTD

- Tenant recently re-geared with break option removed. - Between 09/09/2018 and 08/12/2018 nil rent payable. Then reduces to a base rent of £60,000 plus 8% turnover if greater 42 THE PARADE (UNIT 2) SCHUH LTD 09/09/2013 08/09/2023 £72,500 £79,000 £105 £2,695.80 £460.70 £33,769.50 than base rent. - Turnover rent personal to Schuh, Headline Rent = £90,625 pa.

- Base rent plus 8% Turnover if greater than base rent. SMIGGLE UK - Rent review year 5 to higher of OMV or £71,500 pa, at which 40 THE PARADE (UNIT 3A) LIMITED 11/08/2017 10/08/2027 11/08/2022 10/08/2022 (T) £63,500 £63,500 £105 £4,627.70 £105.47 £5,211.52 point turnover falls away. (BASE RENT) - 6 months notice required to exercise break. - 12 months rent free. - Base figure for review is £79,375 pa if Smiggle aren’t Tenant.

FOOTASYLUM 38 THE PARADE (UNIT 4) 15/10/2015 14/10/2025 15/10/2020 15/10/2020 (T) £135,000 £135,000 £105 £5,850.70 £751.47 £61,312.00 - 6 months notice required to exercise break. LIMITED

RIVER ISLAND 36 THE PARADE (UNIT 5) 06/12/2010 05/12/2020 £230,000 £180,000 £105 £9,167.03 £7,755.69 £1,173.68 £67,060.00 £1,411.34 CLOTHING CO LTD

- Former BHS. Previous rent to BHS was £820,270 pa WILKO RETAIL (Including upper floors) 34A THE PARADE (UNIT 6A) 19/02/2018 18/02/2033 19/02/2023 £385,000 £385,000 £19.65 PSF £21,153.61 £2,672.69 £110,577.15 LIMITED - 12 months rent free. - Opened 16 May 2018. VACANT - - WILKO uppers. Access via ground floor entrance from The 34B THE PARADE (UNIT 6B) (1ST AND 2ND £0 £73,000 £23,126.02 £14,297.05 £125,737.50 £161,695.00 Parade. FLOORS) - £100kpa as 80% of OMV (£125,000pa) or 11% turnover whichever is greater. - Turnover 2017: £624,948.69 32 THE PARADE (UNIT 7) COSTA LIMITED 03/06/2013 02/06/2023 03/06/2018 03/06/2019 (T) £100,000 £93,000 £105 £3,801.63 £739.23 £41,673.00 - Turnover 2016: £655,826.83 - Turnover 2015: £629,571.64 - 6 months notice required to exercise break. - 9 months rent free. 28-30 THE PARADE NATWEST 04/06/2018 03/06/2028 04/06/2023 03/06/2023 £170,000 £170,000 £120 £12,787.68 £6,090.37 £148,520.53 - 6 months notice required to exercise break at a penalty of £63,750. - Costs combined with 28-30 The Parade 24-26 THE PARADE VACANT £0 £74,000 £85 £3,030.86 - £50,000.00 - Unit devision not yet registered with VOA.

C & J CLARK 20-22 THE PARADE 02/05/2006 01/05/2021 £132,500 £83,000 £85 £5,428.43 £511.26 £46,702.50 INTERNATIONAL LTD

SAVERS HEALTH & 16-18 THE PARADE 21/11/2012 20/11/2022 £100,000 £81,000 £85 £5,923.06 £328.72 £46,942.00 BEAUTY LTD

12-14 THE PARADE VACANT £85,000 £85 £5,923.06 £440.05 £54,679.03 £60,520.00 - Scotko (temp) have recently vacated.

- Base rent plus 6% turnover if greater than base. - 5 year rent review with base rent subject to RPI uplift at H&M HENNES & 0 - 3% pa. 2-10 THE PARADE 25/03/2015 24/03/2030 25/03/2020 25/03/2022 (T) £325,000 £245,000 £10 PSF £28,814.95 £2,640.13 £143,700.00 MAURITZ UK LTD - Turnover rent personal to H&M, headline rent = £420,000 pa. - 6 months notice required to exercise break.

POWER LEISURE - 6 months notice required to exercise break. 37 BRIDGE STREET 04/03/2013 03/03/2028 04/03/2018 03/03/2023 (T) £42,000 £42,000 £41 £1,652.55 £318.06 £26,105.50 BOOKMAKERS LTD - 2018 break not activated.

- 6 months notice required to exercise break. WILLIAM HILL 23/08/2021 (T) 38 BRIDGE STREET 23/08/2016 22/08/2031 23/08/2021 £40,000 £40,000 £61.50 £1,000.00 £1,000.00 £314.72 £17,962.50 - Service charge cap. ORGANISATION LTD 23/08/2026 (T) - Stepped uplift. - Rent inclusive of service charge and insurance. MS BELEZA - Other Landlord costs (Management £600, 37A BRIDGE STREET 27/02/2017 26/02/2018 £9,000 £9,000 £413.61 £0.00 £1,144.00 COUTINHO Gas Certificate £55, Legionella £75) - Tenant holding over.

TOTAL £2,099,500 £2,112,500 £144,249 £274,770 17%

36%

13%

34%

INCOME PROFILE 0-3 years 3-5 years COVENANT INFORMATION 5-10 years 10-20 years The property offers an attractive WAULT to lease expiry of 8.25 years (break of 5.76 years). The top 10 tenants account for 92% of income and all have a FAME QuiScore of ‘Secure’. The Below is an analysis of tenant income to expiry, with 34% of Below is a breakdown of income by sector, quality of income at the scheme is very strong income expiring in the next 5-10 years and 36% with lease highlighting the diverse range of income that the expiry in excess of 10 years. property provides. with 99.6% of income derived from recognised national retailers.

8% 17% 5% 5% 36% 8% 13%

56%

18%

34%

0-3 years 3-5 years Fashion Discount Finance 5-10 years 10-20 years Food & Beverage Health & Beauty Other

The Parade Swindon

8% 5% 5%

8%

56%

18%

Fashion Discount Finance Food & Beverage Health & Beauty Other RENTAL VALUES

The prime pitch in Swindon is now on The Parade with top rents re-based at between £105 ZA - £120 ZA. We believe the passing rental tone offers strong scope for rental growth, not least due to the demographic improvement forecast. Recent rental transactions include: • 40 The Parade (Smiggle) – Open market letting in August 2017 at a rent reflecting £105 ZA. • 1-4 Regent Street (Metro Bank) – Open market letting in May 2017 at a rent reflecting £115 ZA. • Unit 4 (Foot Asylum) – Open market letting in October 2016 at a rent reflecting £105 ZA. • 28-30 The Parade (NatWest) – Open market letting in February 2018 at a rent reflecting £120 ZA. • 43a The Parade (Wilko) – Open market letting in February 2018 at a rent reflecting £18psf on an overall basis. We are of the opinion that the property offers a total gross rental value of £2,112,500 pa.

SERVICE CHARGE

The service charge budget runs from 30 June each year. The total service charge expenditure for the northern Parade, for the year ending 30.06.2018 was £126,400. Service charge costs are apportioned based on each occupier’s Gross Internal Area as per the occupational lease. The total service charge budget for the northern parade for year end 30.06.2019 is £144,249 and tenant base cost totals are between £0.56 - £1.52 psf, with the exception of Smiggle which shows £5.12 psf owing to a service lift (recoverable). Further information can be provided upon request.

The Parade Swindon EPC’S

EPCs can be provided upon request. VAT

The property has been elected for VAT purposes. It is anticipated that the investment sale will be treated as a Transfer of a Going Concern (TOGC). PROPOSAL

We have been instructed to seek offers in excess of £25,000,000 (Twenty Five Million Pounds), subject to contract and exclusive of VAT. This would reflect an attractive Net Initial Yield of 6.84% after the deduction of standard purchaser’s costs of 6.76%.

FURTHER INFORMATION

For further information please contact:

Charlie Barke Alastair Bird T: 020 7861 1233 T: 020 7861 1232 M: 07793 808 027 M: 07768 257 316 [email protected] [email protected] Joe Kane Jessica Nield T: 020 7861 5447 T: 020 7861 1267 M: 07549 939 925 M: 07773 258 881 [email protected] [email protected]

IMPORTANT NOTICE (1) Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value. Knight Frank LLP has no authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). (2) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. (3) Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. (4) AT:V The VAT position relating to the property may change without notice. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Knight Frank LLP registered office is 55 Baker Street, London, W1U 8AN, where you may look at a list of members’ names. July 2018. Designed and produced by Creativeworld. Tel: 01282 858200.