The Hanningtons Estate Brighton

THE HANNINGTONS ESTATE BRIGHTON

A RARE LANDMARK INVESTMENT AND DEVELOPMENT OPPORTUNITY THE HANNINGTONS ESTATE BRIGHTON

CONTENTS Investor Opportunity 4 - 5

Location & Demographics 6 - 11

The Hanningtons Estate 12 - 13 - Retail 14 - 23 - Residential 24 - 25 - Office 26

Income Profile 27

Asset Management & Development Opportunities 28 - 29

Proposal & Further Information 30 - 31

Tenancy Schedule 32 - 35

Floor Plans (Existing & Proposed) 36 - 55 THE HANNINGTONS ESTATE a rare opportunity to invest in one BRIGHTON of britain’s most vibrant cities

DRAFT

8 million visitors spending £700 million a year

2 3 THE HANNINGTONS ESTATE BRIGHTON

INVESTOR OPPORTUNITY DRAFT OVERVIEW • A rare opportunity to acquire a 1.32 acre freehold estate in the heart of Brighton’s vibrant shopping district

• Just 50 minutes from London, Brighton has become the principal target for retailers expanding outside of the capital

• Brighton’s local shopping population of 323,000 has an available ‘non-grocery’ spend of £1.25 billion

• Brighton attracts 8 million tourists a year spending £700 million

• Strong retail demand and significant rental growth potential

• The Hanningtons Estate offers 29 retail units ideal for a mixture of high street premium brands and leisure operators

• 41 residential units arranged over 1 to 6 bedroom apartments with skyline views of Brighton

• 19,500 sq ft of office accommodation

• An unparalleled opportunity to develop a NEW BRIGHTON LANE, by adding an additional 13 retail/ leisure units, 7 residential units and 2 floors of offices in the very heart of this vibrant city

• Incoming investors will benefit fromthe significant capital expenditure in the completed North Street improvement works

• We are seeking offers in excess of £50 million for the freehold interest of The Estate, subject to contract

4 5 6 12 A442 A46 Worcester 12 15 A14 Stratford A43 A428 11 7 A11 THE HANNINGTONS ESTATE A134 A487 upon Avon A429 Bedford A4112 A4103 M1 509 M11

A A470 A508 A46 A5 10 A483 Great A10 A438 Newport Biggleswade Haverhill Ipswich A438 A6 Malvern A44 Evesham Banbury Pagnell 9 A438 11 A505 Sudbury 14 A14 A43 Milton A1 Royston A134 Hereford 8 A422 A421 Saffron 1 A44 Keynes 13 Walden A12 10 A505 BRIGHTON A46 Letchworth A131 Felixstowe A470 2 9 A40 Tewkesbury A479 A465 9 Harwich M50 A43 12 Hitchin 10 Leighton A5 A120 M5 A44 Buzzard 8 A120 A49 4 3 10 M1 Braintree A40 A40 GLOUCESTERSHIRE M40 A1(M) Stevenage STANSTED Luton Colchester Carmarthen Cheltenham Dunstable 11 7 A602 A133 A40 11 Bicester 8 Gloucester A41 Bishop's A120 A40 9 A48 A483 10 A10 Stortford A34 LUTON Welwyn A130 A40 A40 A470 Abergavenny A40 A436 Garden A131 9 6 Aylesbury City Ware Witham A12 Clacton-on-Sea A417 A40 Kidlington 5 A465 Witney Tring Hertford M11 Merthyr A429 Hemel A4076 Ammanford 12 St Milford Tydfil A40 A41 Hempstead 4 Harlow A477 A40 A4042 Hatfield Haven Oxford 8 Albans Chelmsford Maldon 49 13 Stroud A40 7 A478 A48 1 2 A465 8 A418 Thame A414 48 Aberdare M5 A419 Cirencester 7 22 Pontypool A449 A477 Amersham 20 M4 LOCATION & DEMOGRAPHICS 24 M25 25 26 A12 A130 Pembroke Llanelli 47 46 45 19 5 44 A420 Abingdon Neath 6 High Enfield 5 Swansea 43 Cwmbran Wycombe 18 5 4 Barnet Chigwell 42 Chepstow 17 Watford A10 Brentwood 14 A419 M1 M11 28 Rayleigh 41 Didcot Beaconsfield A12 2 4 2 40 A433 3 A406 4 A470 26 25 24 M48 1 2 Port 39 Pontypridd Brighton27 is 5623 miles due south of London and easily accessible 29 A127 Southend-on-Sea Newport 1 A41 Talbot 38 Caerphilly 28 21 M40 A40 Harrow Basildon M4 22 1 M25 Swindon A406 29 SECOND SEVERN Uxbridge A13 M4 30 16 Henley- Maidenhead A13 36 from the capital.M49 Regular16 train servicesA429 run from both London Canvey Island 32 CROSSING OPEN 17 on-Thames CITY 37 35 M4 15 LONDON 34 33 SUMMER 1996 19 17 7 30 A346 6 4 1 Woolwich Bridgend 18 1 18 A34 3 2 31 Tilbury Porthcawl CARDIFF M4 A4 Sheerness Bridge and London19 Victoria2 stationsLYNEHAM with journey times of just over M32 Chippenham 14 HEATHROW M5 3 M4Reading Windsor A205 Clevedon 14 13 13 A20 A2 2 Margate 20 BRISTOL A46 A350 12 Kingston A2 Rochester Herne 50 minutes making Brighton part of the capital’s commuter belt. 1 Bay Barry 11 Bracknell upon Thames Gillingham A28 A4 Newbury A38 Melksham Croydon A299 Weston- A37 11 M20 Whitstable Described recently by theBath Sunday Times as a suburb of the capital, Sutton A253 Ramsgate super-Mare 21 4 4 A28 BRISTOL Devizes 3 3 5 Faversham A36 A34 Epsom DRAFT A22 2 4 A249 6 7 10 3 A338 A33 4 Woking M25 9 6 M2 Canterbury Brighton is equally accessible by road with the A23 dual carriageway A23 A2 Trowbridge A339 5 M26 7 Leatherhead 9 7 Sevenoaks A228 8 A3 M25 A2 A361 Basingstoke 5 6 8 A21 Deal joining the M23 and then the M25, to give easy access to the capital 6 M3 A26 22 Guildford Dorking Oxted Ilfracombe Burnham-on-Sea M20 A256 Frome Tonbridge A28 Minehead Andover 7 A22 Warminster A229 and beyond. A361 Farnham A24 M23 A2 8 9 CHANN Dover A36 9 10 EL A303 A303 Alton GATWICK A20 23 A21 A361 10 A39 A34 Tunbridge Wells 13 A338 M20 11 Bridgwater M3 Crawley East A2070 12 Grinstead Folkestone Barnstaple In addition, Britain’s A37second international hub Gatwick is only A31 24 Haslemere 11 Hythe A26 9 Horsham A22 Salisbury Winchester Crowborough A259 A303 22 milesM5 away, making Brighton A350an ideal destination for 10 Taunton 11 Bideford A36 25 A361 A358 A354 Romsey A272 international visitors looking for a vibrant seaside town to visit.12 Petersfield Haywards Uckfield A39 13 26 A303 Eastleigh Heath Yeovil 14 A21 Lydd/Ashford A3088 4 A23 A338 2 3 4 5 A386 A24 A22 A377 A26 A259 27 1 7 1 A303 A283 Tiverton 8 A3(M) A27Lewes Hailsham Hastings Brighton dominates its catchment area; the total populationSOUTHAMPTON A259 A31 3 M27 9 10 Havant Ringwood 11 A27 28 Hythe 5 SHOREHAM Bexhill- A30 12 Hove within the primary catchment is 507,000. TheA31 city’s primaryFawley Fareham 12 Littlehampton on-Sea A37 BRIGHTON A350 Worthing Newhaven A22 A354 Gosport M5 A338 A30 catchment area encompasses the built upA348 areas of Brighton, Lymington Portsmouth Bognor Seaford Eastbourne A31 Regis Exeter Bridport A35 Cowes 29 Hove, Shoreham-by-SeaA35 and it extends North to includeNew Milton Ryde 30 Dorchester Poole Christchurch Sidmouth Bournemouth Newport A395 A30 31 A376 locations in the South Downs as well as the small towns of Sandown

A39 A380 Exmouth Shanklin A388 Lewes, Haywards Heath and Burgess Hill. Dawlish Weymouth A30 Teignmouth A38 Newton Abbot The city is surrounded by the South Downs, with it’s rolling countryside and spots of outstanding natural beauty including the Bodmin A38

Newquay A386 Torquay A392 A385 Paignton Devils Dyke. A30 Saltash PLYMOUTH A391 Plympton Brixham St Austell Torpoint

Fowey Truro A390 A30 St Ives Redruth Brighton is the closest, largest commercial Camborne A39

Penzance A394 Helston Falmouth centre to London on the South East Coast

Brighton has a Brighton’s shopping resident catchment population is predicted population of to increase by 744,000 7.18% over 2008-18

The University of Sussex is located four miles from the city centre and has a student population in excess of 12,500. The University of Brighton has a student population of 20,017

6 7 THE HANNINGTONS ESTATE BRIGHTON

How Brighton will DRAFTcontinue to develop • The John Lewis Partnership (JLP) have recently acquired • A new conference and entertainment centre with seating the freehold title of 129-133 North Street which is currently for up to 10,000 people, which is twice the capacity of occupied by Boots. It is widely rumoured that JLP will the current ‘Brighton Centre’, is being proposed for the take occupation of the store when the Boots lease expires derelict council-owned Black Rock site near Brighton within the next 5 years. It is no secret that Brighton Marina. has been the number one target for JLP presence for a • Churchill Square remains one of the most successful and number of years. This will further enhance North Street as desirable shopping centres in the UK. Standard Life are a shopping destination at the heart of the city centre. evolving plans for a significant extension of the shopping • Land Securities are investing £250 million into Brighton centre following the relocation of the conference centre. Marina. Work has started on site and includes; 853 flats • The Cathedral Group have plans for the £150 million and almost 2,000 sq m of shops and leisure with the first Barracks Scheme which includes 350 homes, 500 phase of 195 flats, a yacht club and seven new restaurants student bedrooms, a Central Research Laboratory and a due to complete in mid-2016. health centre. The group are working in conjunction with

Brighton University who are delivering new employment.

8 9 DRAFT

Churchill Square Western Road West Street Train Station North Street North Laines The Lanes THE HANNINGTONS ESTATE East Street Royal Pavilion Leisure Quarter Shopping Centre BRIGHTON

10 11 THE HANNINGTONS ESTATE BRIGHTON

The Hanningtons Estate presents one of the largest mixed use freehold DRAFT opportunities in Brighton

THE HANNINGTONS ESTATE

The Hanningtons Department Store, affectionately known locally as the ‘Harrods of Brighton’, grew from a single shop on North Street into one of the largest single freehold estates in Brighton. The estate sits on a 1.32 acre site and is the dominant landmark retail pitch at the eastern end of North Street.

The estate has dominated North Street for nearly 200 years; it was the most prestigious shopping address in Brighton. Today it stands ready for another transformation, one that will restore it to its former glory and pride of place in the city centre.

The estate’s size offers investors an exciting opportunity to complete the significant amount of value add initiatives which have started to be implemented by the current owners. This includes the strategy to control the retailer tenant mix and increase the retail and residential holding by further reconfiguration and development, offering investors a rare opportunity to acquire an asset with excellent short to medium term returns.

Plan for indicative purposes only and not to scale.

12 13 THE HANNINGTONS ESTATE BRIGHTON

DRAFT3 uses that offer extensive growth opportunities for investors

Retail Residential Offices 71% 19% 10%

Brighton is the principal target for retailers expanding out of London

Brighton is ranked 6th in the UK’s top towns in terms The Breakfast Club chose Brighton as a first choice outside of retail demand (PROMIS). With 50% of the population of the capital. Biba, Bodyshop, Taylor St Baristas, Ben within the ABC1 demographic of which there is an Sherman and Giggling Squid started there. over representation of adults between 25-44 and a non-grocery spend of £1.25 billion, it’s no wonder that The town has a unique range of retail pitches, each with Brighton is a principal target for retailers expanding outside a distinct offer. Churchill Square Shopping Centre, North of London. Its strong fundamentals and unique combination Street and Western Road provide space for a wide range of streetscape and diverse blend of retail boutiques of multiple retailers and leisure offers. East Street and The and restaurants closely parallel some of London’s most Lanes have a unique and eclectic range of high end and recognised niche retail destinations, specifically Carnaby niche retailers whilst the North Laines targets funky and Street and Covent Garden. bohemian independent retailers alongside the theatre and restaurant district. The Estate sits at the heart of these retail Names such as Cos, Urban Outfitters, Maje, Sandro, quarters - the heart of Brighton’s charm and culture. Comptoir des Cotonniers, ITSU, Smiggle, Kiko, Pho and

14 15 THE HANNINGTONS ESTATE BRIGHTON

The Hanningtons Estate is at the heart of Brighton’s footfall

DRAFT 1. TRAIN STATION 2. WESTERN ROAD 3. CHURCHILL SQUARE 4. THE BEACH 5. THE LANES The Hanningtons Estate sits at the very heart of The Lanes, capitalising on the vibrant mix of local and national boutiques, cafés and restaurants that surround it. T T C N S H S U O R C

R 1 W H

T D E S Unique to Brighton, The Lanes have established themselves as part of Brighton’s iconic heritage, representing a beacon for T 3 H J R E N 2 2 3 S T E T T

A tourists and shoppers. Located at the apex of Brighton’s most popular landmarks The Lanes are assured a consistently high A

W R E 2

ES E

TE L R E E

N R T A

footfall. O A D T T K R

WINDSOR ST I Brighton Museum

R 6 7

E G

P T D

N O LA & Art Gallery E O C S R

GR T E A

E H

N R S P V O

IL T E R With in excess of 8 million visitors flocking to Brighton each year, The Lanes represent a major opportunity for investors, retailers, S T E D

T E Theatre R RE T ET S N Royal

restaurateurs and cafés. O T W B S E E

T T E N E N S

E W I

E R

L T E

I S

V THE HANNINGTONS ESTATE T P N I N O S E D H S R 3 R U K T G E BRIGHTON D S H T

R E L

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A T O D E

E L R U E E T E R K U 8 N S E T

E IO S L N U T S B A N E S O Y T O L C E S ’ S H PAVILION P S ‘ T L GARDENS E

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S G N I N US I L P R R B T R T R P I G P R I E H E U T S E N S TO C EL E N P C L E R E A O E M C L AD E R T A A A E S P T R S L H T T I P B 5 E S L S T S E T E R E G S T S D R T N TE S N T S T E S I Q I N N I K S S L E E E S T E T T R L E L S A A N T A E D W M S E T D E I BAR D E T L The Brighton M H R O LOM Centre S T EWS O O SHIP STREET U S T 3 H S T

R T

E E N 2 T

E O Brighton E STEINE A I E A

L Town Hall GARDENS R S

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A E T K L R I N N G B Y I ’ S E

E R E O E A D L T

R O A D L

K I NG ’ S O

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4 G Sea Life Retail Flow R A O A D Centre N D T I O N R General Mixed Flow J U N C Mixed Fashion & Mass Market Flow 10 Leisure Flow

6. NORTH LAINES 7. RESTAURANT DISTRICT 8. ROYAL PAVILION 9. BRIGHTON PIER 10. BRIGHTON WHEEL

16 17 THE HANNINGTONS ESTATE BRIGHTON

Significant capital expenditure transforms North Street

DRAFT North Street represents the jewel in the crown of The In addition, this investment has strengthened the Hanningtons Estate. With significant capital expenditure relationship between The Estate owners and Brighton & having been undertaken by the current owners, North Hove City Council, who have worked in collaboration with Street has been transformed by widening of the pavements each other and their advisor, Urban Movement, to ensure outside the subject property with high quality sandstone, the success of these regeneration works. These works are moving the current bus stops further up North Street, new due to complete in the first half of 2015. trees lining the street and new quality street furniture together with a new pedestrian crossing linking the Royal The improvements will also further enhance the short term Pavilion to The Estate. All of these improvements will greatly rental growth prospects in The Hanningtons Estate. enhance retailer trade with increased dwell time and overall shopping experience for customers in this part of the city.

FROM THE STATION KEY 8 THEATRE ROYAL 3 Extent of proposal

Footways relaid & de-cluttered

Carriageway with decorative surface dressing & central ROYAL PAVILION median 5

FROM CHURCHILL SQUARE New bus shelter 1 7 New loading bays 4 New trees

TO EAST STREET & New seats 2 BRIGHTON PIER THE LANES 6

TO THE SEAFRONT

PROPOSAL HIGHLIGHTS

1. Wider footways between Meeting House Lane and 5. Improved pedestrian crossing links between The Lanes East Street and North Laines 2. Tree planting and public seating on the south side of 6. De-cluttered footways with new high quality paving the street 7. Improved setting for the Grade II listed Chapel Royal 3. New bus shelters for passengers travelling west along 8. Improved distribution of loading bays North Street 9. Improved environmental and streetscape quality 4. New pedestrian crossing at Prince’s Place 10. Privately funded at no cost to the Council

18 19 THE HANNINGTONS ESTATE BRIGHTON

RETAIL RENTAL VALUES

As you would expect from a vibrant retailing city, Brighton remains the first place outside of London for retailers to establish new stores. Published requirements have remained consistently above the UK average and as at February 2015 there were 45 requirements for Brighton against an average of 13, ranking the city 2nd of the PROMIS cities.

DRAFTRetail values in Brighton have therefore performed strongly compared with other major UK retail cities. At the end of 2014 prime Zone A rents in Brighton were at £235 psf, which represents a 17.5% increase above pre-recession levels of £200 psf ZA.

The highest rents in the city have been settled in Churchill Square Shopping Centre at between £215-£235 ZA. Zone A rents Zone A vary considerably on North Street and offer a significant discount East Street £200 to prime. The highest rents along the street have historically ranged from £125-£135 ZA with the most recent letting being North Street £125-£135 Metro Bank in Q1 2014 at £133 Zone A. We believe that these levels of rents offer significant room for continued rental growth Western Road £180 in this part of the city. This opportunity will be further enhanced on completion of the improvement works fronting North Street. Churchill Square £235

20 21 THE HANNINGTONS ESTATE BRIGHTON

An unparalleled opportunity to develop 13 retail/leisure units, 7 residential apartments DRAFTand 2 floors of offices

DEVELOPING THE NEW LANES

The Hanningtons Estate has detailed planning consent to further develop this iconic landmark through the creation of Hanningtons Lane, a new Brighton Lane with an additional 13 retail and leisure units, 7 residential units and two floors of offices. This carefully designed high quality street will attract new premium brands to the location and will bring a new vibrancy and energy to this much loved quarter of Brighton.

A further opportunity exists to create a new link lane, which will continue to enhance the connection between the estates North Street frontage and The Lanes to the rear, increasing footfall to this popular landmark. This will involve demolishing the existing Timpsons unit (15 North Street) and restoring Puget’s cottage. View from the middle of Hanningtons Lane Brighton Place entrance to Hanningtons Lane

PROPOSED DEVELOPMENT PLAN

25 North Street Cult Hero

23 North Street North Street 24 North Food & Wine Street North Street 22 North Street

20 North 21 North Street 19 North Street Street 18 North Street Amercian Apparel 16-17 North Street 15 North Street Timpsons

12b Meeting House Lane 13 North Riddle & Finn Oyster Bar Street

14 North 22 North Street Street 12c Meeting retail space 21 North Street under Unit 1 retail space House Lane under Unit 1 19 North Street 11-12 North Street Frames in the Lanes retail space under Unit 1 Tiger

12d Meeting Unit 1 House Lane Unit 2 Meeting House Lane 76.0 sq m Kellerwood 70.2 sq m Jewellers 8-9 North Street Unit 3 Blacks 73.4 sq m 6-7 North Street 1-2 North Street Kurt Geiger Unit 4 39.5 sq m H A N N I N G T O N S L A N E Unit 5 & 6 5 North Street 106.8 sq m Fun Learning

Unit 7 4 North Street 101.0 sq m White Company

Unit 8 31.6 sq m Unit 9 Unit 10 Unit 11 40.4 sq m 45.4 sq m 46.9 sq m Unit 10 Extent of the Estate Ollie & Nic Extent of the development at upper floors Existing building to be altered Unit 12 Proposed walls and existing walls surrounding proposals 27.9 sq m Unit 11/12 Snow & Rock Proposed New Lane Unit 15 Unit 14 Unit 13 Market Street

Proposed retail unit - A1 use Unit 14 Unit 16 93.3 sq m Cloud 9 Unit 13 Proposed retail unit - A3 use 47.4 sq m Proposed circulation

Brighton Place View from North Street - Puget’s Lane application View from Meeting House Lane

22 23 THE HANNINGTONS ESTATE BRIGHTON

RESIDENTIAL

The South East has been the strongest performing region Jubilee Gate, The Clock Tower and Meeting House Lane, the in the county over the past 12 months in terms of capital residential is arranged over part of the first, second, third and growth, with new vendor asking prices up by 10% on a fourth floors and is accessed from different entrances from year ago, higher than London’s 9.6% annual growth rate across the Estate (see enclosed floor plans). The apartments DRAFT (source: rightmove). range from 1 to 6 bedroom accommodation held on flexible assured shorthold tenancies and have recently undergone Brighton in particular has seen an increasingly buoyant and extensive refurbishment and are all in excellent condition. thriving residential market. The supply/demand imbalance in the city and excellent transport links to London are all The flexibility that the building provides allows incoming fuelling the growth in this region of the country. The investors to reconfigure the existing residential layout Estate boasts 93% occupancy, mainly made up of young and also add additional units through reconfiguration/ professionals and with demand growing we expect to see development subject to the usual consents. continued rental growth. The existing residential accommodation reflects a capital There are 41 flats across the estate arranged over 6 separate value of circa £310 per sq ft on GIA basis which reflects a buildings with a total combined area of 33,635 sq ft. Within substantial discount to prevailing vacant possession values. these 6 buildings, Queens Gate, Kings Gate, Princess Gate,

House Price % increase over the next 5 years A forecasted 40% 50% 45% growth in your 40% 35% residential value 30% 25% over the next 20% 15% House prices have tripled since 2000 5 years 10% 5%

0% Brighton South East London National Average

24 25 THE HANNINGTONS ESTATE BRIGHTON

OFFICES TENURE INCOME PROFILE

Brighton also plays host to some of the world’s best known financial services institutions, including Lloyds TSB, Legal & Freehold. The Estate provides a total current gross income of £2,090,460 General and American Express. There is excellent office demand within the city centre in particular from the media sector. per annum. There are £710,860 of shortfalls which means a total current net income of £1,379,600. The offices are located in Huntingdon House and arranged over first to fourth floors totalling 15,098 sq ft and are accessed DRAFT These rents reflect substantial tactical voids pending the from North Street. The Foundation for European Languages occupy the first floor, TW Cat Ltd the third floor and Yosiba the completion of the streetscape works on North Street and the fourth. There is an opportunity to re-let the third floor at a new rental level and create open market letting evidence for the TENANCY SCHEDULE commencement of the Hanningtons Lane development. Foundation for European Languages renewal discussions. The property is let in accordance with the tenancy The total estimated gross rental value is £3,476,580. In addition, G2 Legal occupy space spanning 4,428 sq ft on the first floor of 15 Brighton Place, which was built in 2012 and schedule found on pages 32-35 of this brochure. provides high quality office accommodation. The gross passing rent split across The Estate is as follows:

Retail £1,220,750 per annum Brighton is home to the largest Office £295,570 per annum new media cluster anywhere in Europe Residential £574,140 per annum

INCOME ANALYSIS

Sector Split by Floor Area Sector Split by ERV Current Income vs ERV

28% 28% 19% 19% £3,000,000

£2,500,000

10% 10% 56% 56% 71% 71%£2,000,000

£1,500,000 16% 16% Rent per annum £1,000,000

£500,000

(67,989 sq ft) (£2,481,340) Retail 56% Retail 71% 0 Retail Ofﬁce Residential Office 16% (19,526 sq ft) Office 10% (£351,500) Current Income £1,220,750 £295,570 £574,140 Residential 28% (33,647 sq ft) Residential 19% (£643,740) ERV £2,481,340 £351,500 £643,740

26 27 THE HANNINGTONS ESTATE The Estate offers exciting development BRIGHTON and asset management opportunities

The Estate offers unrivalled opportunities for incoming investors to drive their real returns through reconfiguration, development and rental growth during their hold period. There are very few large city centre sites in the country that offer incoming purchasers such diversity of income and immediate asset performance in a destination of this quality. DRAFT Complete the Hanningtons Reconfigure the 3 existing flats Lane development which has above 12b - 12d Meeting House full planning for 13 retail units, 7 Lane, creating 6 x 1 bedroom residential units and 2 floors of flats, with the option of an offices above. There is significant additional floor, subject to the demand for both the retail/ usual consents. leisure and residential units. The scheme also provides a further opportunity to work with the council to rework/extend the existing consent on the site.

Potentially convert Huntingdon House to residential or hotel use, subject to the usual consents.

Continue to capitalise on the substantial impact the improvement works have had on the North Street by letting the vacant units and improving the The current owner has drawn up tenant mix. There is substantial proposals to add additional retailer demand for units at such residential units above 16-19 comparatively affordable rental North Street for 5 x 2 beds and levels. 1 x 1 bed flats. Incoming investor could look at gaining planning and convert (plans available in the dataroom).

The large basements and first Further planning has been floors offer incoming investors submitted for an additional the flexibility to create further Lane link from North Street. retail and A3 sales areas to These proposals would involve suit modern day retailer demolishing the existing requirements. Alternatively there Timpsons (15 North Street) is potential to create further and thereby enhancing the residential units, subject to the pedestrian link between usual consents. North Street and The Lanes. (further plans and information available in the dataroom).

28 29 THE HANNINGTONS ESTATE BRIGHTON

SURVEYS PROPOSAL

Full measured, building and structural surveys are available This price reflects the following yield profile: in the dataroom. Retail Equivalent Yield 6.68% DRAFT Reversionary Yield 7.16% SERVICE CHARGE Residential The service charge over the estate is apportioned on the Equivalent Yield 4.50% basis of floor area. The total service charge for the year Reversionary Yield 4.51% ending December 2015 is £398,300 with an average rate for the Estate of £3.29 per sq ft. Office Equivalent Yield 8.00% Reversionary Yield 8.28%

VAT This equates to £47,800,000 (Forty Seven Million, Eight Hundred Thousand Pounds). The property is registered for VAT therefore VAT will be payable on the purchase price or dealt with by way of In addition the vendor is seeking a further £2,200,000 a TOGC. (Two Million, Two Hundred Thousand Pounds) for the Hanningtons Lane development site.

We are therefore seeking offers in excess of £50,000,000 EPC’S (Fifty Million Pounds) for the freehold interest of The Estate, subject to contract and after the usual purchasers A full EPC survey has been conducted and can be accessed costs of 5.8%, this figure equates to the above mentioned in full from the data room. yield profile.

DATAROOM FURTHER INFORMATION

A dataroom containing further information can be Mark Bennett Nick Morgan accessed at www.thehanningtonsestate.co.uk [email protected] [email protected] 020 7317 3711 020 7317 3709

James Andrews Pippa Page [email protected] [email protected] 020 7317 3708 020 7317 3731

Simon Harvey [email protected] 020 7317 3719

MISREPRESENTATION ACT | COPYRIGHT | DISCLAIMER KLM, for themselves and for the vendors of this property, whose agents they are, give notice that (1) the particulars and any further information communicated by any means to potential purchasers of the property described in the particulars, or their advisers, in connection with the possible sale of the property are provided solely for the purpose of assisting potential purchasers in decided whether they wish to proceed with further investigation of the property and do not constitute either the whole or any part of an invitation, offer or contract for sale of the property; (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct as at the date of the particulars (or the date of the relevant information if earlier). However, potential purchasers are not entitled to rely on them as statements or representations of fact but should satisfy themselves by searches, enquiries, surveys and inspections or otherwise with regard to the accuracy of such details. No responsibility or liability is or will be accepted by KLM, the vendor(s) of the property or any of their respective subsidiaries, affiliates, directors, officers, representatives, employees, advisors, or agents for any loss or damage suffered by any party, resulting from reliance on the particulars or any other information communicated by any means to that party, or its advisers, in connection with the possible sale of the property. No person in the employment of KLM or the vendor(s) has authority to make or give any representation or warranty, express or implied, in relation to the property. References to KLM include any joint agents acting with KLM. March 2015. Designed and produced by Creativeworld. Tel 01282 858200.

Image credits: A number of images provided by www.visitbrighton.com

30 31 THE HANNINGTONS ESTATE

TENANCY SCHEDULE BRIGHTON

1/2 North St Unit 9 Kurt Geiger 20/09/2004 19/09/2019 - - £145,000.00 £159 £159,700.00 £175 1203 860 - 1046 - - - - 2249 - - - £0

3 North St Unit 9a Bravissimo 14/01/2006 13/01/2021 - 14/01/2016 £71,250.00 £149 £68,900.00 £125 181 181 - - 4448 - - - 4629 - - - £0

4 North St Unit 8 White Company 06/07/2009 05/07/2024 - 06/07/2019 £180,000.00 - £211,100.00 £175/125 2290 1375 - 2237 - - - - 4527 - - - £0

5 North St Unit 7 Fun Learning 16/07/2014 15/07/2015 1 months - £48,000.00 £70 £85,400.00 £125 948 647 227 433 - - - - 1608 - £5,431 - £5,431 Terms agreed with Bloomingville.co.uk Ltd at £85,000 mutual break per annum on a 10 year lease with a tenant break at DRAFT clause year 5. 6/7 North St Unit 6 VACANT ------£151,100.00 £125 1727 1002 - 1732 1802 - - - 5261 £70,372 £20,595 - £90,967

8/9 North St Unit 5 Blacks 28/05/2013 27/05/2023 27/05/2018 28/05/2018 £115,000.00 £87 £165,800.00 £125 3243 1266 - 1204 - - - - 4447 - - - £0

11/12 North St Unit 4 Tiger Retail Ltd 14/09/2007 13/09/2017 - - £185,000.00 £118 £195,400.00 £125 3398 1509 - 1091 - - - - 4489 - - - £0

13 North St Unit 3 VACANT ------£115,700.00 £125 1902 605 - 590 4370 - - - 6862 £63,142 £25,309 - £88,451

14 North St Unit 2 VACANT ------£114,300.00 £125 2457 867 - 880 - - - - 3337 £47,959 £11,415 - £59,374

15 North St Minit/Timpsons 25/03/1995 24/03/2010 - - £18,000.00 £68 £33,000.00 £125 263 248 15 - 188 158 - - 624 - £3,600 - £3,600 Holding over and new lease under negotiation.

16-17 North St VACANT ------£165,100.00 £125 2007 1051 - 702 3523 - - - 6232 £71,818 £22,245 - £94,063

18 North St Unit 1 American Apparel Ltd 03/08/2007 02/08/2017 - - £130,000.00 £116 £139,500.00 £125 1999 1051 - 1306 - - - - 3305 - - - £0

19 North St VACANT ------£74,600.00 £125 1335 597 ------1335 £29,884 £4,628 - £34,512

21 North St VACANT ------£83,800.00 £125 1145 592 132 1344 - - - - 2621 £29,884 £4,351 - £34,235

22 North St VACANT ------£87,000.00 £125 1077 627 77 1257 - - - - 2411 £33,981 £4,932 - £38,913

23 North St NS Food & Wine 01/03/2015 01/03/2018 Mutual at any - £41,500.00 £78 £66,600.00 £125 721 533 ------721 - - - £0 Form of lease agreed and awaiting completion. time subject to 6 months notice

23 North St Basement VACANT ------£5,310.00 £5 - - - 1061 - - - - 1061 - £1,641 - £1,641

24 North St VACANT ------£71,200.00 £125 723 518 - 1029 - - - - 1752 £24,100 £2,796 - £26,896

25 North St Francis Taylor 27/02/2009 26/02/2012 - - £40,000.00 £87 £57,300.00 £125 550 458 ------550 - - - £0 Holding over.

25 North St Basement VACANT ------£5,130.00 £5 - - - 1026 - - - - 1026 - £1,192 - £1,192

Sub-Total £973,750.00 £2,055,940.00 27,169 451 16,938 14,331 158 - - 59,047 -£479,275

Market Street & Brighton Place

56 Market St Unit 10 VACANT ------£50,000.00 £83 631 606 ------631 £24,100 £2,219 - £26,319

54/55 Market St Unit 11/12 Snow & Rock 31/10/2005 30/10/2020 - 31/10/2015 £125,000.00 £125 £125,000.00 £125 1117 843 - - 1,540 - - - 2657 - £9,172 - £9,172

19 Brighton Place Unit 13 VACANT ------£20,000.00 £53 513 380 ------513 £13,858 £1,708 - £15,566

18 Brighton Place Unit 14 VACANT ------£15,000.00 £63 275 226 - 211 - - - - 486 £9,640 £1,882 - £11,522

16 Brighton Place Unit 15 VACANT ------£30,000.00 £49 858 608 - 374 - - - - 1232 £16,268 £2,752 - £19,020 Under offer to a high class hair salon (Trevor Crowley) at £30,000 per annum on a 10 year lease with a tenant break at year 5.

15 Brighton Place Unit 16 Cloud 9 28/09/2012 29/09/2020 28/09/2015 29/09/2016 £25,000.00 £49 £25,000.00 £49 644 509 ------644 - - - £0

1st Floor 15a Brighton Place G2 Legal 21/08/2012 20/08/2017 - 09/08/2015 £77,610.00 £18 £79,700.00 £18 - - - - 4,428 - - - 4428 - - - £0

13 Brighton Place Unit 17 VACANT ------£47,500.00 £64 982 740 ------982 £20,244 £3,155 - £23,399

11 Brighton Place Unit 18 VACANT ------0 - £9,170 - £9,170 The unit is currently in shell condition and is not rateable.

Sub-Total £227,610.00 £392,200.00 5,020 - 585 5,968 - - - 11,573 -£114,168

Meeting House Lane

r/o 25 North St The Champagne & Oyster Company 28/04/2006 27/09/2017 - 28/04/2016 £20,500.00 £87 £20,500.00 £87 235 235 ------235 - - - £0 Tenant in administration and renewal lease with administrators for comments.

12b Meeting House Lane The Champagne & Oyster Company 29/09/2002 29/09/2017 - - £28,500.00 £66 £32,400.00 £75 551 432 ------551 - - - -

12c Meeting House Lane Bernadette Fitzsimons 25/05/2006 24/05/2021 - 25/05/2016 £23,000.00 £59 £29,200.00 £75 485 389 ------485 - - - -

12d Meeting House Lane Kellerwood 29/03/2006 28/03/2021 29/03/2016 29/03/2016 £25,000.00 £61 £30,800.00 £75 526 411 526 -

Sub-Total £97,000.00 £112,900.00 1,797 ------1,797 £0

Huntingdon House

1st & 2nd Floor Huntingdon House Foundation for European Languages 31/08/2005 30/08/2015 - - £114,322.00 £13 £147,900.00 £18 - - - - 4108 4,110 - - 8218 - - - - Unopposed lease renewal under negotiation.

3rd Floor Huntingdon House TW Cat Ltd 30/04/2009 31/05/2014 - - £62,118.00 £14 £73,900.00 £18 ------4105 - 4105 - - - - Holding over.

4th Floor Huntingdon House Yosiba 07/12/2009 06/12/2016 - 05/12/2016 £41,520.00 £14 £50,000.00 £18 ------2775 2775 - - - -

Sub-Total £217,960.00 £271,800.00 - - - - 4,108 4,110 4,105 2,775 15,098 £-

32 33 THE HANNINGTONS ESTATE

TENANCY SCHEDULE BRIGHTON

Address Unit Tenant Lease Start Lease End Break Rent Review Current Rent ERV Floor Areas (Pre Development) Shortfalls per annum Comments £ pa £ psf £ pa £ psf Ground ITZA Ground Base- First Second Third Fourth Total Rates Service Insurance Total Zone A Zone A Sales (sq ft) Anc ment Floor Floor Floor Floor GIA Charge Shortfalls (sq ft) (sq ft) (sq ft) (sq ft) (sq ft) (sq ft) (sq ft) (sq ft) Residential The Clocktower Flat 1 (2 bed) Miss Mahdis Fathi 28/07/2012 27/07/2015 - - £11,400.00 - £14,400.00 - - - - - 641 - - - 642 - - - - The Clocktower Flat 2 (2 bed) Miss Rebecca Witney & 06/02/2014 05/02/2016 - - £14,400.00 - £14,400.00 - - - - - 818 - - - 818 - - - - Miss Danielle Francis The Clocktower Flat 3 (3 bed) Charlie Breese, Frank Anderson & 26/09/2014 25/09/2015 - - £17,700.00 - £17,700.00 ------656 - - 657 - - - - Tom Stevens The Clocktower Flat 4 (3 bed) Mr Kaveh Tehranchi 20/07/2012 19/07/2015 - - £15,000.00 - £17,700.00 ------826 - - 827 - - - - The Clocktower Flat 5 (1 bed) Mr Sidi Mohamed Haddaoui 01/03/2013 31/05/2015 - - £15,000.00 - £15,000.00 ------979 - 980 - - - - DRAFTThe Clocktower Flat 6 (2 bed) Steven Mander 17/09/2014 16/09/2015 - - £18,600.00 - £18,600.00 ------1444 1445 - - - - Jubilee Gate Flat 1 (1 bed) Mr Taylor Trent Lineham 16/11/2013 15/11/2015 - - £9,780.00 - £9,780.00 ------604 - - 604 - - - - Jubilee Gate Flat 2 (2 bed) Pauline Perris & Jeff Perris 15/03/2015 14/03/2016 - - £16,200.00 - £16,800.00 ------980 - - 981 - - - - Jubilee Gate Flat 3 (2 bed) Beatrice Drewitt, Eric Schimetzki & 19/06/2014 18/12/2015 - - £16,800.00 - £16,800.00 ------1175 - 1175 - - - - Daniel Boris Iglesia Kings Gate Flat 1 (Studio) Stefania Papaloupoudou 06/10/2014 05/07/2015 - - £9,000.00 - £9,000.00 - - - - - 425 - - - 425 - - - - Kings Gate Flat 2 (2 Bed) Miss Newcombe & Miss Berglund 30/07/2010 29/08/2015 - - £10,800.00 - £14,400.00 - - - - - 859 - - - 859 - - - - Kings Gate Flat 3 (6 Bed) Langran, Johnson, Dutt, Harmer, 01/09/2013 31/08/2015 - - £30,240.00 - £32,400.00 ------1481 - - 1481 - - - - Sandell & McGrath Kings Gate Flat 4 (3 Bed) Erasmia Papallou, Demetra Voskos & 24/09/2014 23/06/2015 - - £16,920.00 - £16,920.00 ------613 - 614 - - - - Christina Savva Kings Gate Flat 5 (6 Bed) Jeyani Nadarajah, Wiktoria Tafesse, 22/09/2014 21/06/2015 - - £32,400.00 - £32,400.00 ------1616 - 1617 - - - - Lamia Abusheba, Dallas Erwin, Lok Man Lui & Shifa Wong Kings Gate Flat 6 (1 Bed) Jon Vince Rhodes & Laetitia Kaiser 15/09/2014 14/09/2015 - - £10,200.00 - £10,200.00 - - - - - 454 - - - 454 - - - - Kings Gate Flat 7 (2 Bed) Mr Pham & Mr Phan 01/10/2014 31/03/2015 - - £14,400.00 - £14,400.00 ------587 - - 588 - - - - Kings Gate Flat 8 (1 Bed) VACANT - - - - £- - £10,200.00 ------434 - 434 - - - - Kings Gate Flat 9 (2 Bed) Mr Jacquemein & Miss Maass 01/10/2007 29/02/2016 - - £13,800.00 - £14,400.00 ------911 - 912 - - - - Kings Gate Flat 10 (1 Bed) Mr Christopher Benjamin Hayes 10/11/2013 09/05/2015 - - £9,540.00 - £10,200.00 ------351 - - 351 - - - - Kings Gate Flat 11 (1 Bed) VACANT - - - - £- - £10,200.00 ------527 - - 527 - - - - Kings Gate Flat 12 (3 Bed) Miss Trotobas, Mr Escoda & Miss Vines 12/12/2013 11/06/2015 - - £15,120.00 - £16,920.00 ------819 - 819 - - - - Kings Gate Flat 14 (1 Bed) Blair Hammond & Katie Pimenta 10/09/2014 09/03/2016 - - £10,200.00 - £10,200.00 ------622 622 - - - - Princess Gate Flat 1 (1 Bed) Mr Sonny Jack Frost 26/07/2013 25/07/2015 - - £10,200.00 - £10,200.00 ------655 - - 656 - - - - Princess Gate Flat 2 (2 Bed) Mr Camplin 12/09/2013 11/08/2015 - - £12,900.00 - £14,400.00 ------1051 - - 1052 - - - - Princess Gate Flat 3 (2 Bed) Miss H Sassi & Miss A Sanford 01/02/2014 31/07/2015 - - £14,400.00 - £14,400.00 ------855 - - 856 - - - - Princess Gate Flat 4 (1 Bed) VACANT - - - - - £10,200.00 ------421 - - 421 - - - - Princess Gate Flat 5 (1 Bed) Conor Phelan & Jacob Ringwood 25/09/2014 24/06/2015 - - £10,200.00 - £10,200.00 ------465 - - 465 - - - - Princess Gate Flat 6 (1 Bed) Mr Dewar & Miss Batchelor 21/12/2011 20/06/2015 - - £9,840.00 - £10,200.00 ------634 - 634 - - - - Princess Gate Flat 7 (2 Bed) Matthew Jones & Lisa Barnard 19/09/2014 18/09/2015 - - £14,400.00 - £14,400.00 ------689 - 689 - - - - Princess Gate Flat 8 (3 Bed) Jeremy Wong, Jennifer Wilowski & 10/09/2014 09/07/2015 - - £21,600.00 - £21,600.00 ------1048 - 1048 - - - - Anthony Anton Princess Gate Flat 9 (2 Bed) Elina Uruzyan & Zoe Christodoulou 03/10/2014 02/07/2015 - - £14,400.00 - £14,400.00 ------823 - 823 - - - - Princess Gate Flat 10 (3 Bed) Mr Tetley, Mr Perity & Mr Mason 01/09/2013 30/04/2015 - - £15,300.00 - £16,920.00 ------1130 - - 1130 - - - - Princess Gate Flat 11 (1 Bed) Mr Stylogiannis & Miss Salem 10/07/2014 09/07/2015 - - £11,400.00 - £11,400.00 ------699 - 700 - - - - Queens Gate Flat 1 (2 Bed) VACANT - - - - - £14,400.00 - - - - 641 - - 642 - - - - Queens Gate Flat 2 (3 Bed) Joao Carlos Horacio, Luiz Venturim & 04/03/2015 03/09/2015 - - £16,200.00 - £16,200.00 ------1007 - - 1008 - - - - Luis Sanchez Queens Gate Flat 3 (5 Bed) Sprachcaffe Language Plus 06/09/2014 05/09/2015 - - £25,800.00 - £25,800.00 ------1278 - - 1279 - - - - Queens Gate Flat 4 (4 Bed) Mason, Fiehler, Komosa, Bosworth & 01/09/2013 30/09/2015 - - £25,200.00 - £25,800.00 ------1163 - 1164 - - - - Sugden Queens Gate Flat 5 (5 Bed) Morris, Pittard, Bown & Perkins 25/09/2014 24/06/2015 - - £21,600.00 - £21,600.00 ------960 - 960 - - - - 12e Meeting House Lane (3 Bed) Rosie Cole, Mishka Venables & 13/02/2015 12/08/2015 - - £16,200.00 - £16,200.00 ------764 - - 764 - - - - Alice Webb 12f Meeting House Lane (3 Bed) Linda Rae 22/09/2014 21/03/2015 - - £10,800.00 - £16,200.00 ------764 - - 764 - - - - 12g Meeting House Lane (3 Bed) Victor Sanchez, Jonas Montilla & 16/03/2015 15/09/2015 - - £16,200.00 - £16,200.00 ------764 - - 764 - - - - Marta Bel Residential Management Fee -£57,414 10% management fee of the current gross income from the 41 flats. Residential Service Charge Shortfall -£58,751 -£58,751

Sub-Total £574,140.00 £643,740.00 - - - - 3,838 15,196 11,929 2,066 33,647 -£116,165 Other Port-cabin - Rates Shortfall -£1,253 -£1,253

Sub-Total £- -£1,253

TOTAL £2,090,460 £3,476,580 121,162 -£710,860

Current Gross Income £2,090,460 Current Shortfalls -£710,860 Current Net Income £1,379,600

34 35 THE HANNINGTONS ESTATE BRIGHTON 25 North Street

24 North Street

23 North Street

22 North Street

DRAFT 21 North Street Meeting House Lane

American Apparel 18 North Street North Street

16-17 North 15 North Street Timpsons Street

13 North Street

14 North Street

Tiger 11-12 North Street

Store

6-7 North Street

Store Store

Blacks 8-9 North Street Fun Learning 5 North Street

Store Kurt Geiger 1 -2 North Street

Unit 9a Store

Store

18 Brighton Place Unit 14 The White Company 4 North Street

Brighton Place Tiger 11-12 North Street

Market Street EXISTING BASEMENT FLOOR PLAN APPROXIMATE SCALE 1:500

36 Monsoon 37

LK Bennett THE HANNINGTONS ESTATE BRIGHTON 25 North Street

24 North Street

23 North Street

22 North Street

DRAFT 21 North Street Meeting House Lane

North Street

Unit 1

Unit 3

Unit 4

Store

6-7 North Street

Store Store

Unit 5

Unit 7

Store Unit 9

Unit 9a Store

Store

Existing building to be altered Unit 14 Unit 8 Brighton Place Unit 8

Market Street PROPOSED BASEMENT FLOOR PLAN APPROXIMATE SCALE 1:500

38 Monsoon 39

LK Bennett THE HANNINGTONS ESTATE

Cult Hero BRIGHTON 25 North Street

24 North Street

North Street Food & Wine 23 North Street

12b Meeting House Lane Riddle & Finn Oyster Bar 22 North Street

12c Meeting FramesHouse in the Lane Lanes 21 North Street

Meeting12c House Meeting Lane DRAFT House Lane Kellerwood Jewellers

19 North Street

Amercian Apparel 18 North Street North Street

16-17 North Street

15 North Street 1 Timpsons

14 North Street

13 North Street

Tiger 11-12 North Street 2

Blacks 8-9 North Street

6-7 North Street

Unit 18

Fun Learning Unit 17 5 North Street Queens Gate - 14a North Street Bravissimo 3 North Street Kings Gate - 10 North Street

Cloud 9 Unit 15 Princess Gate - 57 Market Street Unit 16

5 Kurt Geiger Unit 14 1-2 North Street Jubilee Gate - 15a Brighton Place White Company 4 North Street Unit 13 The Clock Tower - 14 Brighton Place Snow 4 & Rock Unit 10 Unit 11/12 3 Brighton Place EXISTING GROUND FLOOR PLAN Market Street APPROXIMATE SCALE 1:500

40 41 THE HANNINGTONS ESTATE

25 North Street BRIGHTON Cult Hero

24 North Street

23 North Street North Street Food & Wine

12b Meeting House Lane 22 North Street Riddle & Finn Oyster Bar

12c Meeting FramesHouse in the Lane Lanes 21 North Street Meeting House Lane 12c Meeting 20 North Street DRAFT House Lane Kellerwood Jewellers 19 North Street 22 North Street retail space under Unit 1

21 North Street 18 North Street Unit 1 retail space 76.0 sq m under Unit 1 Amercian Apparel North Street Unit 2 70.2 sq m 16-17 North Street 19 North Street retail space under Unit 1

H A N N IN G T O N S L A N E Unit 3 73.4 sq m 15 North Street 1 Timpsons

Unit 4 39.5 sq m 14 North Street

Unit 5 & 6 13 North Street 106.8 sq m

Unit 8 31.6 sq m

Unit 9 45.4 sq m 11-12 North Street Tiger 2 Unit 10 46.9 sq m Unit 7 101.0 sq m Unit 11 40.4 sq m

8-9 North Street Blacks

Unit 12 27.9 sq m

6-7 North Street

Extent of the development at upper floors Unit 13 47.4 sq m Existing building to be altered

5 North Street Unit 14 Fun Learning Proposed walls and existing walls surrounding proposals 93.3 sq m

Proposed New Lane

Unit 15 Unit 16 Proposed retail unit - A1 use Cloud 9

Unit 14 1-2 North Street 5 Kurt Geiger Proposed retail unit - A3 use 4 North Street Unit 13 White Company Proposed circulation Unit 11/12 Unit 10 4 Snow Ollie & Nic & Rock 3 Brighton Place

Market Street PROPOSED GROUND FLOOR PLAN APPROXIMATE SCALE 1:500

42 43 THE HANNINGTONS ESTATE BRIGHTON

Foundation for European Languages Offices

DRAFT 12G Meeting House Lane 12F

12E

16-17 North Street North Street

Timpsons 15 North Street

13 North Street

6-7 North Street

Snow & Rock Unit 11/12

G2 Legal Offices Queens Gate - 14a North Street

Kings Gate - 10 North Street

Princess Gate - 57 Market Street

Bravissimo Jubilee Gate - 15a Brighton Place 3 North Street

The Clock Tower - 14 Brighton Place Snow & Rock Brighton Unit 11/12 Place EXISTING FIRST FLOOR PLAN APPROXIMATE SCALE 1:500

44 45 THE HANNINGTONS ESTATE BRIGHTON

DRAFT 12G Meeting House Lane 12F

12E

Plant Area 1 2 Bed Duplex 51 sq m North Street

2 Courtyard 2 Bed Duplex Roof Garden 55 sq m H A N N IN G T O N S L A N E

3 2 Bed Duplex 38 sq m 7 2 Bed Duplex 43 sq m

4 2 Bed Duplex 50 sq m 6 2 Bed Duplex 54 sq m

5 2 Bed Duplex 52 sq m 8

138 sq m

1 Office 122 sq m Roof Terrace for A3 Unit 30 sq m

Cycle Store (70 cycles) 61 sq m

7 69 sq m

Refuse Store (16 1100L Eurobins) 57 sq m

2 6-7 North Street Office 78 sq m

Existing building to be altered

Proposed walls and existing walls surrounding proposals

Proposed 2 storey residential - C3 use Bravissimo Proposed office unit - B1 use

Proposed circulation Unit 11/12 Snow Brighton & Rock Place PROPOSED FIRST FLOOR PLAN APPROXIMATE SCALE 1:500

46 47 THE HANNINGTONS ESTATE BRIGHTON

Foundation for European Languages Offices

DRAFT 12G Meeting House Lane 12F

12E

North Street

Timpsons 15 North Street

Queens Gate - 14a North Street

Kings Gate - 10 North Street

Princess Gate - 57 Market Street

Jubilee Gate - 15a Brighton Place

The Clock Tower - 14 Brighton Place Brighton Place

EXISTING SECOND FLOOR PLAN APPROXIMATE SCALE 1:500

48 49

LIFT THE HANNINGTONS ESTATE BRIGHTON

DRAFT 12G Meeting House Lane 12F

12E

1 2 Bed Duplex 51 sq m North Street

2 2 Bed Duplex 55 sq m H A N N IN G T O N S L A N E

3 2 Bed Duplex 38 sq m 7 2 Bed Duplex 43 sq m

4 2 Bed Duplex 50 sq m

6 2 Bed Duplex 54 sq m

5 2 Bed Duplex 52 sq m 8

1 Office 105 sq m

2 Office 73 sq m

Existing building to be altered

Proposed walls and existing walls surrounding proposals

Proposed 2 storey residential - C3 use

Proposed office unit - B1 use

Proposed circulation Roof Over Brighton Place Snow & Rock

PROPOSED SECOND FLOOR PLAN APPROXIMATE SCALE 1:500

50 51

LIFT THE HANNINGTONS ESTATE BRIGHTON

DRAFT North Street North Street

Brighton Place Brighton Place

Queens Gate - 14a North Street

Kings Gate - 10 North Street

Princess Gate - 57 Market Street Queens Gate - 14a North Street

Jubilee Gate - 15a Brighton Place Kings Gate - 10 North Street

The Clock Tower - 14 Brighton Place The Clock Tower - 14 Brighton Place

EXISTING THIRD FLOOR PLAN EXISTING FOURTH FLOOR PLAN APPROXIMATE SCALE 1:500 APPROXIMATE SCALE 1:500

52 53 THE HANNINGTONS ESTATE BRIGHTON

DRAFT 12G Meeting House Lane 12F

12E

1 2 Bed Duplex 51 sq m North Street

2 2 Bed Duplex 55 sq m H A N N IN G T O N S L A N E

3 2 Bed Duplex 38 sq m 7 2 Bed Duplex 43 sq m

4 2 Bed Duplex 50 sq m

6 2 Bed Duplex 54 sq m

5 2 Bed Duplex 52 sq m 8

1 Office 105 sq m

2 Office 73 sq m

Proposed Roof Brighton Place

PROPOSED ROOF FLOOR PLAN APPROXIMATE SCALE 1:500

54 55 DRAFT

56 DRAFT