Marylebone Square provides an unprecedented opportunity to develop a new exclusive destination in a prime Central London location

www.marylebonesquare.com The London Eye Houses of Parliament

Piccadilly Circus

Marylebone Square Oxford Circus

Marylebone Square is an unrivalled development opportunity to create Cavendish Square a new high value destination in London’s West End.

Located in the vibrant Marylebone Village, W1, the site Harley Street extends to approximately 0.34 hectares (0.83 acres) and has the potential to deliver an exceptional development of prime residential apartments together with high quality retail and community space, subject to the necessary consents.

This unique development opportunity is being offered for sale by the City of Westminster. Buckingham Palace Green Park

Hyde Park Grosvenor Square New Bond Street

Bond Street Oxford Street

Portman Square

Manchester Square

Marylebone High Street

Marylebone Square Baker Street

Paddington Street Gardens The Destination

Marylebone Square is located within the City of Westminster, west of Marylebone High Street The position within Central London means that it has excellent links with key destinations in the heart of Marylebone Village. across the capital.

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L Grosvenor Marble a n Square Arch e Hyde Park 250 feet 100 meters The London underground stations of Bond Street, Oxford Circus and Baker Street are all within close proximity and provide convenient access to the following:

Underground Journey Times from Bond Street Underground

Green Park Bank Knightsbridge Canary Wharf 2min 11min 12min 17min

National Railway Stations

Kings Cross Stratford Paddington St Pancras Int’l Waterloo Victoria London Bridge Liverpool Street Int’l Station 2min 6min 7min 9min 10min 13min 14min from Baker Street from Baker Street from Bond Street from Regents Park from Baker Street from Baker Street from Baker Street

Airports by tube and train

Heathrow City Gatwick 35min 15min 48min from Bond Street from Paddington from Regents Park Heathrow Express Crossrail

Connectivity of the site will be further enhanced by the completion of Crossrail, scheduled opening in 2018. The nearest station will be Bond Street providing a direct link to destinations such as Canary Wharf and Heathrow.

NB: All journeys are approximate times based on platform to platform journeys SOURCE: Transport for London Marylebone - ‘The International Village’

Prestigious. Eclectic. Prime. The ingredients which make Marylebone village one of the most sought after residential locations in the world.

In the sixteenth century Marylebone High Street was the location of the hunting lodge of King Henry VIII. Thereafter Georgian aristocracy’s desire for new fashionable housing gave birth to Marylebone as a residential destination. Under the patronage of King George IV, notable architects including John Nash (1752 – 1835) created a new fashionable quarter of London with wide avenues, terraces, crescents and parks.

Marylebone offers spacious and elegant London living, which has attracted many famous residents including Arthur Conan Doyle and Charles Dickens, and a rich musical heritage being home to Chopin, Berlioz and Vaughan Williams.

Modern day Marylebone continues to be a highly desirable London address. The increasing cachet of Marylebone High Street (and the W1 post code area) attracts residents from across the globe and locals now refer to the neighbourhood as ‘The International Village’.

The area is home to an eclectic mix of retail, restaurant and leisure facilities combined with high quality residential streets and prime central London addresses.

Marylebone is also home to the world renowned Harley Street with its array of private consultants and medical physicians. St Marylebone C.E. School, Queens College and the University of Westminster are also located close by.

Paddington Street Gardens, adjacent to the Square, provide a tranquil setting in this vibrant part of London.

Marylebone High Street St. Christopher’s Place

Aybrook Street Reside in the Village

Paddington Street Gardens: Moxon Street Marylebone Village provides an attractive environment for those who wish to live within the heart of London, but in an enriched and relaxed atmosphere. Regent’s Park

The area is typified with Georgian terraces interspersed with contemporary developments providing a wealth of high quality residential accommodation which attracts an affluent mix of international and domestic purchasers.

The unique qualities of Marylebone Square create an unrivalled opportunity to create world class residences for London’s most discerning buyers just minutes from one of London’s most attractive green spaces, Regent’s Park.

Paddington Street Gardens Retail Experiences

Local boutique delicatessen London’s Favourite Street.

The transformation of Marylebone High Street from the retail backwater that it was just twenty years ago, to London’s favourite street, can be attributed to a Marylebone High Street careful strategy of building a mixed and attractive retail and restaurant offer, focused on quality independent retailers alongside selected flagships.

Marylebone, or ‘The International Village’ as it is known locally, now boasts a wealth of bespoke lifestyle retailers offering high quality foods and fashion. The High Street sits proudly among London’s most popular shopping and dining destinations, including nearby Bond Street and Oxford Street, where premier fashion houses, jewellers and antique specialists are located.

The proximity to Marylebone High Street and high level of footfall from the neighbouring Paddington Street Gardens means that the site offers a fantastic opportunity to create a new destination.

The Langham Hotel

Marylebone High Street New Bond Street A Vision

The characteristics of the site provide an opportunity for the creation of a superb mixed-use development.

Outline feasibility and massing studies have identified the potential to create a high quality residential scheme, complemented by retail, community and leisure uses. Combined with secure underground car parking, initial proposals suggest a residential led development of approximately five storeys above ground, subject to necessary consents.

Further information in relation to developments massing is available to download from www.marylebonesquare.com

South West view, towards Hyde Park

The Residential Market

Marylebone residential Prime residential assets in Central London have never been so highly desired.

Developers continue to demonstrate their enthusiasm and confidence in the Central London market; driven by the exceptional performance of residential assets. Investors looking for status symbols are also turning their eye to prime London residential opportunities. This underlying demand is buoying the market and discerning purchasers targeting luxury schemes have played a significant role in driving sales prices upwards over the last three years.

Signature residential schemes in the area have recently achieved in excess of £2,000 per sq ft and market indicators suggest there is potential for growth. Marylebone Square is a rare opportunity to establish new pricing heights by creating residential accommodation of the highest specification.

The special mix and architectural splendour of period and modern properties in Marylebone has helped reshape the traditional boundaries of core prime residential north from Mayfair and Knightsbridge. Now Marylebone forms an integral part of prime London and it’s reputation as ‘The International Village’ means that it has never been so popular amongst the affluent and diverse community who create and value the village atmosphere. Planning

Planning policy supports redevelopment which optimises this unique opportunity.

The existing use is as a public car park but housing is the priority land use in Westminster and accordingly proposals are expected to demonstrate a residential led redevelopment. Planning policy also supports the principle of retail as well as local community and leisure facilities.

Future schemes will be expected to have regard to the surrounding Portman Estate Conservation Area and embrace the highest standards of design.

Devonshire South Mews, Marylebone

Moxon Street

North

Moxon Street

Paddington Marylebone High Street Street Cramer Street Gardens Aybrook Street Marylebone Square

Blandford Street

Regent’s Park Further Information Regent’s Park

www.marylebonesquare.com

Method of Sale & Contacts The site is being offered for sale by the City of Westminster. North The Council wishes to select a purchaser who shares its vision for Marylebone Square, to develop a world class mixed use destination in this important part of London’s West End. Moxon Street Full details of the sales process are set out on the web site www.marylebonesquare.com

Paddington Marylebone High Street Street Cramer Street Paddington Street Gardens Aybrook Street

Blandford Street

Paddington Street Gardens: Moxon Street www.marylebonesquare.com Contacts

James Thomas John Jeffries Peter Day Tim Shaw Jones Lang LaSalle Jones Lang LaSalle Lambert Smith Hampton Lambert Smith Hampton 0044 (0)207 399 5584 0044 (0)207 399 5521 0044 (0)207 198 2341 0044 (0)207 198 2054 [email protected] john. [email protected] [email protected] [email protected]

North view, towards Regent’s Park

Misrepresentation Act 1967 IMPORTANT. These particulars do not form part of any contract. Lambert Smith Hampton Group Limited and its subsidiaries (“LSH”) and Jones Lang LaSalle (“JLL”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or JLL or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH or JLL has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH, JLL or its employees or agents, LSH and JLL will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH and / or JLL. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH and / or JLL shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters. All negotiations are subject to contract.

October 2012