REGENTS PARK ROAD

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2 SUMMARY Significant Freehold Investment / Development Opportunity In The Heart of Finchley, North London Significant residential and / or commercial development opportunity located in Finchley, North London _ Site extending to approximately 0.7 hectares (1.74 acres) _ Prior approval secured for conversion of existing office buildings to provide 130 private apartments extending to 5,725 sq m (61,624 sq ft) NSA _ Scope for comprehensive redevelopment of the site, subject to the necessary consents: A conceptual scheme demonstrating capacity for 397 apartments extending to 21,072 sq m (226,819 sq ft) NSA, as part of a residential-led redevelopment Potential for a commercial scheme providing 24,037 sq m (258,732 sq ft) of office accommodation, with an ERV in excess of 7.75m and a conservative GDV of 130m _ Excellent transport connections being approximately 300 metres from Finchley Central London Underground Station _ Existing office buildings of approximately 6,091 sq m (65,559 sq ft) NIA and 7,469 sq m (80,394 sq ft) GIA _ Current passing rent of 1,259,298 per annum with an ERV of 1,802,873 per annum _ For sale freehold subject to the existing leases 2 3

3 CANARY WHARF CITY OF LONDON FINCHLEY CENTRAL GATEWAY HOUSE THE WEST END STEPHENS HOUSE & GARDENS HAMPSTEAD HEATH location Regents Park Road is located in the heart of Finchley, North London, in the London Borough of Barnet. The Property is approximately 10km (6 miles) from the West End and 11km (7 miles) north west of the City of London. To the south are the areas of Hampstead Garden Suburb and Golders Green, to the west Hendon, to the north Mill Hill and Whetstone and to the east are East Finchley and Muswell Hill. Finchley is a town centre that is the heart of the surrounding suburbs. It provides an extensive retail offer, with a Tesco Superstore and Waitrose, as well as convenience retailers for day-to-day essentials, with a selection of bakeries, pharmacies, opticians and banks. There is an array of independent cafés, bars and restaurants that contribute to the vibrancy of the area. Approximately 3.3km (2 miles) to the south west is Brent Cross Shopping Centre, which has more than 120 shops along with cafés, bars and restaurants Regents Park Road benefits from excellent access to leisure facilities. Finchley Golf Club is approximately 1km (0.6 miles) to the north and Hendon Golf Club is 1.2km (0.7 miles) to the north west. The Great North Leisure Park offers a multiplex cinema, bowling and restaurants and is approximately 1.6km (1 mile) east of the property. There are numerous green open spaces and parks in this part of London including the historic Hampstead Heath approximately 3.3km (2 miles) to the south. Almost immediately south of the property are the 10 acres of landscaped gardens which form part of Stephens House and Gardens, and provide areas for play and walking. Finchley has witnessed change in recent years, with a number of successful residential led development schemes being constructed close to the property. These include Gateway House at Regents Park Road, a nine storey scheme comprising 77 apartments with a Waitrose at ground floor. A short distance further north is Adastra House on Nether Street, a 34 apartment scheme and at Regents Park Road is Clementine Court, a mixed use scheme including 27 apartments currently being sold. Additionally, Winston House on Dollis Park, has been refurbished to include residential development and a Travelodge. A1 Great N Way A502 MILL HILL EAST Finchley Ln A5 M1 BRENT CROSS FINCHLEY GOLF COURSE A504 Hendon Lane Regents Park Rd Finchley Rd A598 Ballards Ln STEPHENS HOUSE & GARDENS WEST FINCHLEY FINCHLEY CENTRAL VICTORIA PARK A1 Falloden Way N Circular Rd (A406) A504 E End Rd A1000 High Rd EAST FINCHLEY 4 5

4 There are numerous green open spaces and parks CLOSE BY including the historic Hampstead Heath 6 7

5 FINCHLEY CENTRAL HIGHGATE (5 MINS) DESCRIPTION to m m Gateway House 23 to Communications Finchley Central London Underground Station is just 300 metres north of the property. From there the Northern Line provides direct services to Central London, with journey times under 25 minutes to the heart of the Capital. Numerous bus services run along Regents Park Road (A598), with routes towards Central London and other local destinations. Regents Park Road has a junction with The North Circular Road approximately 1km to the south, which provides routes around London. Access to the national motorway network is approximately 2.5km (1.7 miles) to the west at junction 2 of the M1. London Heathrow Airport is 21km (13 miles) to the south west and London Luton Airport is 32km (20 miles) to the north via the M1 motorway. TOTTENHAM COURT ROAD (21 MINS) LEICESTER SQUARE (22 MINS) EMBANKMENT (24 MINS) WATERLOO (26 MINS) CAMDEN TOWN (13 MINS) EUSTON (16 MINS) KING S CROSS ST. PANCRAS (18 MINS) OLD STREET (23 MINS) BANK (27 MINS) LONDON BRIDGE (28 MINS) Regents Park Road occupies a prominent site in Finchley town centre, adjacent to a cluster of office buildings to the north and east, with predominantly residential uses to the south and west. The site extends to approximately 0.7 hectares (1.74 acres) and slopes down from Regents Park Road. It is bounded to the south east by The Avenue and numbers 1 and 2 The Avenue, which are residential dwellings. The Avenue narrows to a path a short distance further on, where direct access is possible to Stephens House and Gardens. To the immediate north west are a group of office buildings fronting Regents Park Road and Arcadia Avenue. The site fronts Regents Park Road to the north east Regents Park Road comprises of 4 buildings, understood to have been built in the late 1980s. Marlborough House (298 Regents Park Road), at the western corner of the site, and Berkeley House (304 Regents Park Road), at the northern corner, are both 5 storey buildings fronting Regents Park Road. By virtue of the site s topography both buildings have undercroft parking. Both buildings have a central core with a lift, stairwell and wc s either side of a central lobby area. Supreme House (300 Regents Park Road) and Molteno House (302 Regents Park Road) sit south west of the centre of the site. Both are 4 storeys and have cores with 1 lift and a stairwell at the northern corner and north west elevation respectively. 2 LB to PH to Shelters MARLBOROUGH HOUSE BERKELEY HOUSE 34 to SUPREME HOUSE MOLTENO HOUSE 1 ARCADIA AVEN UE Dove House 2 3 3a Gadd House 14 CENTRAL CIRCLE DISTRICT HAMMERSMITH & CITY METROPOLITAN PICCADILLY VICTORIA BAKERLOO JUBILEE NORTHERN WATERLOO & CITY DLR NATIONAL RAIL SPENCER CLOSE NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. Crown copyright licence number Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. 8 Source: TFL 9

6 Site boundary for illustrative purposes only 10 11

7 Stephens House & Gardens ACCOMMODATION MARLBOROUGH HOUSE GIA NIA SUPREME HOUSE GIA NIA 6 9 to m House Sq M Sq Ft Sq M Sq Ft Ground 560 6, ,527 First 573 6, ,157 Sq M Sq Ft Sq M Sq Ft Ground 224 2, ,070 First 230 2, , to PH Shelters ARCADIA AVEN UE 14 Second 573 6, ,080 Second 230 2, , Dove House Third 573 6, ,159 Fourth 488 5, ,247 Third 193 2, ,703 Total 877 9, ,997 2 BERKELEY HOUSE Gadd House Total 2,767 29,785 2,245 24, BERKELEY HOUSE MOLTENO HOUSE LB MARLBOROUGH HOUSE MOLTENO HOUSE GIA NIA GIA NIA Sq M Sq Ft Sq M Sq Ft Sq M Sq Ft Sq M Sq Ft Ground 561 6, ,608 Ground 270 2, ,164 First 570 6, ,121 First 277 2, ,534 Second 570 6, ,120 Second 277 2, ,534 Third 570 6, ,120 Third 235 2, ,053 Fourth 494 5, ,137 Total 1,059 11, ,285 Total 2,765 29,765 2,240 24,106 GIA NIA Sq M Sq Ft Sq M Sq Ft Grand Total 7,469 80,394 6,091 65, to to 51 SUPREME HOUSE NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. Crown copyright licence number Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed a Rear elevation of Berkeley House 4th floor reception of Marlborough House View from roof towards Molteno House & Supreme House There are a total of 157 existing car parking spaces across the site. Vehicular and pedestrian access is from Regents Park Road with additional pedestrian access from The Avenue. Most of the site is laid to hardstanding, with an area of informal landscaping along the boundary with The Avenue. A substation is situated close to the south west boundary. All parts of the buildings are in office use with the exception of the ground floor of Supreme House, in use as a Doctor s surgery

8 Images of typical office suites 14 15

9 CGI of conceptual scheme TENancy schedule Property / Unit Tenant Unit Size Sq Ft Term Lease Start Lease End Rent Review Rent pa Rent Per Sq Ft ERV ( per sq ft) Inside the 1954 Act Comments Marlborough House, Part Ground Flr A Crabtree PM Limited 2,264 5 years 10 months 14/06/13 30/04/19 39, ,260 Yes Fixed increase- 44,000 p.a. from 14/6/17, 48,750 p.a. from 14/6/17. Lease is subject to a schedule of condition. Includes 5 car parking spaces. Marlborough House, Part Ground Flr B Crabtree PM Limited 2, years 01/05/08 30/04/18 47, ,233 Yes Includes 6 car parking spaces Marlborough House, First Floor Crabtree PM Limited 5, years 01/05/08 30/04/18 110, ,818 Yes Includes 13 car parking spaces Marlborough House, Part Second Floor Marlborough House, Part Second Floor Ocean Agencies Limited 2, years 11/01/08 10/01/18 56, ,850 Yes Includes 6 car parking spaces RegalPress Limited 2,540 5 years 16/06/16 15/06/21 55, ,850 No Includes 6 car parking spaces ERV planning Marlborough House, Third Floor Whyte Group Limited 5, years 16/11/05 15/11/20 100, ,873 Yes Includes 13 car parking spaces Marlborough House, Fourth Floor Supreme House, Ground Floor Supreme House, First Floor Supreme House, Second Floor Supreme House, Third Floor Molteno House Berkeley House St James Group Limited 4, years 29/09/15 28/09/25 29/09/20 80, ,793 Yes Judith Ann Cavendish & Roma Fernanadez 2, years 15/09/11 14/09/21 15/09/16 47, ,925 Yes Delta Technology Ltd 2,112 5 years 12/12/16 11/12/21 52, ,080 No The British Friends of the Hebrew University of Jerusalem 2,112 5 years 01/10/13 30/09/18 01/10/17 48, ,080 No Tentant option to break months notice required. Includes 11 car parking spaces. Rent review outstanding. Includes 6 car parking spaces Mutual option to break months notice required. Includes 4 car parking spaces Reviewed annually to RPI capped at 1.8%. Tenant does not pay service charge resulting in a shortfall of 12,000pa. Lease is subject to a schedule of condition. Includes 6 car parking spaces. Perfect Travel Limited 1, years 29/09/13 28/09/23 29/09/18 33, ,833 No Includes 4 car parking spaces Fairhold Services Limited Secretary of State for Communities and Local Government 9, years 01/02/08 31/01/18 220, ,365 Yes 24,106 5 years 25/12/12 24/12/17 370, ,915 Yes OVERALL TOTAL 65,559 1,259, ,802,873 4th floor boiler is excluded from the tenant's repairing obligations. The Landlord may not waive the VAT exemption in respect of this building unless required to do so under statute. Includes 13 car parking spaces. Service charge shortfall of 3,500 pa The most recent lease renewal at the property was a first floor letting within Supreme House, where a rate of 25 per sq ft was achieved. The Finchley Gate office development which comprises Cooper House, Dove House and Gadd House are quoting a rent of 25 per sq ft, while Euro House on Ballards Lane has achieved a rent of 26 per sq ft. New build offices in the immediate area are quoting rents in excess of 30 per sq ft, including the first floor at Gateway House. Due to the lack of supply in the area and the numerous conversions of current office stock to residential, there is significant scope for future office rental growth for both refurbished and new build stock. An appropriate ERV for the subject property is per sq ft. This gives a total ERV for the property of 1,802,872 prior to any refurbishment. Following refurbishment or redevelopment the ERV would likely be significantly higher, with the potential to command rents in excess of 30 per sq ft. The Property is located in the London Borough of Barnet. It is not listed, there are no statutorily or locally listed buildings on the site and it is not in a Conservation Area. The Site is located adjacent to the northern boundary of the Finchley Church End Conservation Area. There is a TPO grouping along the site s southern boundary. Prior Approval (Ref: 17/0047/PNO) was granted on 8th March 2017 for: Change of use from Class B1 (Office) to Class C3 (Residential) (130 units) The Prior Approval excludes the Doctor s surgery at the ground floor of Supreme House. An associated Section 106 agreement restricts entitlement of future occupants from a parking permit, unless a holder of a disabled person s badge, for on-street parking in Controlled Parking Zones operating in the locality. There are however, 88 car parking spaces on the site in the plans submitted as part of the application that could be used by future residents, along with additional on-site parking not shown on the plans. The S106 requires the payment of index linked contributions of 17,100 for Highways Contributions, Monitoring Contributions and a Travel Plan Monitoring Contribution. The Prior Approval Notification and Section 106 Agreement are available on the dataroom. The development is not liable for CIL. The scheme allowed under the Prior Approval will provide a total of 130 apartments. Total NSA Average NSA Number Sq M Sq Ft Sq M Sq Ft Studio 85 3,183 34, Beds 25 1,234 13, Beds 20 1,308 14, Total 130 5,725 61,

10 Prior approval floor plans BERKELEY HOUSE - TYPICAL FLOOR MARLBOROUGH HOUSE - TYPICAL FLOOR MOLTENO HOUSE - TYPICAL FLOOR SUPREME HOUSE - TYPICAL FLOOR 2 Bed - 74m² 2 Bed - 74m² 2 Bed - 74m² Studio - 34m² 2 Bed - 62m² Residential Studio - 31m² Entrance Studio - 31m² 1 Bed - 41m² Bin Store 4 x 1200L Bins Stair 1 Bed - 41m² Lobby DOCTOR'S SURGERY (D1) Excluded from application Stair 1 Bed - 41m² 1 Bed - 58m² Studio - 39m² Studio - 34m² Studio - 33m² 1 Bed - 54m² Studio - 39m² 1 Bed 1 Bed - 51m² 1 Bed - 51m² Lobby 1 Bed - 51m² 1 Bed - 41m² Studio - 39m² 1 Bed - 41m² Studio - 39m² Store Store Store 2bed 72m2 2bed 72m2 Residential Entrance LOWER GROUND FLOOR 4xstudio 1x1bed 161m2 NIA 267m2 GIA 2 bed - 72m2 UPPER GROUND FLOOR 4xstudio 2x1bed 211m2 NIA 273m2 GIA LOWER GROUND FLOOR 223m2 GIA Doctor's Surgery Entrance 2 Bed - 62m² FIRST FLOOR 4xstudio 2x1bed 211m2 NIA 273m2 GIA UPPER GROUND FLOOR 3xstudio 1x1bed 168m2 NIA 228m2 GIA SECOND FLOOR 4xstudio 1x1bed 170m2 NIA 225m2 GIA FIRST FLOOR 3xstudio 1x1bed 168m2 NIA 228m2 GIA SECOND FLOOR 3xstudio 1x1bed 139m2 NIA 193m2 GIA THIRD FLOOR 7 x Studio 1 x 1 Bed 2 x 2 Bed 467m2 NIA 565m2 GIA SECOND FLOOR 7 x Studio 1 x 1 Bed 2 x 2 Bed 467m2 NIA 565m2 GIA Total Average Number Sq M Sq Ft Sq M Sq Ft Studio , Beds , Beds GA 10 Proposed 654 Marlborough 7,040 House 64 Plans 689 Total 48 2,224 23, A3 18 THIRD FLOOR 7 x Studio 1 x 1 Bed 2 x 2 Bed 467m2 NIA 565m2 GIA Total Average Number Sq M Sq Ft Sq M Sq Ft Studio GA Proposed 30 Molteno 1155 Plans 12, Beds , A3 2 Beds , Total 48 2,224 23, FOURTH FLOOR 7 x Studio 1 x 1 Bed 2 x 2 Bed 388m2 NIA 476m2 GIA GA 257 Total Average Number Sq M Sq Ft Sq M Sq Ft Studio Proposed Supreme 16 House 530 Plans 5, Beds , A3 Total , Total Average Number Sq M Sq Ft Sq M Sq Ft Studio , Beds , Total , Revisions Revisions Twenty First Architecture Ltd, Project Status Drawn Checked Twenty First Architecture Ltd, Project Sta

11 CGI of conceptual scheme DEVELOPMENT POTENTIAL - residential RESIDENTIAL SCHEME There is potential for a more comprehensive redevelopment of the site and the opportunity to deliver a landmark scheme for the area. Utilising the Prior Approval scheme, and informed by a planning appraisal by Barton Willmore, 21st Century Architecture have produced a residential led conceptual scheme. The scheme seeks to introduce further massing between the existing buildings and adds height to meet the evolving townscape in the immediate vicinity. The scheme would provide unobstructed views to the south and west. The scheme adds a further 267 residential units to the Prior Approval scheme and comprises the following key features: Buildings up to 11 storeys addressing Regents Park Road and the centre of the site, falling away in context with the surrounding uses to the rear of the site. Podium garden and further residential amenity areas taking advantage of the existing mature trees at the south of the site. A parking solution using the existing areas to provide 285 spaces to address local policy requirements. The conceptual scheme would deliver an attractive and efficient residential mix and average unit size as detailed in the following tables. Floorplans for the conceptual scheme can be found at the back of these particulars and on the dataroom. Unit Numbers Total NSA Average NSA Conversion under Prior New Build Total Sq M Sq Ft Sq M Sq Ft Approval Studios ,376 47, Beds ,640 82, Beds ,064 76, Beds ,992 21, , , GIA NIA Level Sq M Sq Ft Sq M Sq Ft Basement 494 5, Lower Ground 558 6, ,411 Ground 3,181 34,240 2,550 27,448 First 3,339 35,941 2,783 29,956 Second 3,339 35,941 2,783 29,956 Third 3,266 35,155 2,723 29,310 Fourth 2,743 29,526 2,300 24,757 Fifth 2,577 27,739 2,163 23,283 Sixth 2,155 23,196 1,742 18,751 Seventh 1,608 17,309 1,268 13,649 Eighth 1,608 17,309 1,268 13,649 Ninth 1,608 17,309 1,268 13,649 Total 26, ,988 21, ,

12 CGI of conceptual scheme DEVELOPMENT POTENTIAL - COMMERCIAL OFFICE SCHEME Following largely the same massing principles as the residential scheme, 21st Century Architects have prepared a conceptual scheme demonstrating a significant increase in office floorspace. This will provide accommodation over 11 floors and also provide 285 car parking spaces. An area schedule and a selection of proposed floorplates for this scheme are below. All of the proposed floorplans are available on the dataroom. With many offices within the area having recently been converted to residential use under permitted development there is a lack of supply of office space, especially good quality and hence a mixed-use scheme to include office space could be attractive to the planning authority and could achieve good growth in rents due to lack of supply. An office scheme of this size would produce an ERV of more than 7.75m ( 30 per sq ft) and a conservative GDV of 130 million. In addition to residential or commercial schemes there is scope for alternative uses including PRS, retirement, care, hotel, student or educational uses subject to planning. GIA NIA Sq M Sq Ft Sq M Sq Ft Basement 494 5, Lower Ground 590 6, ,486 Ground 3,340 35,952 2,990 32,184 First 3,537 38,072 3,210 34,552 Second 3,537 38,072 3,210 34,552 Third 3,477 37,426 3,153 33,939 Fourth 3,081 33,164 2,764 29,752 Fifth 2,912 31,345 2,594 27,922 Sixth 2,155 23,196 1,859 20,010 Seventh 1,608 17,309 1,342 14,445 Eighth 1,608 17,309 1,342 14,445 Ninth 1,608 17,309 1,342 14,445 Total 27, ,822 24, ,732 CGI 22 23

13 Conceptual scheme - residential floor plans LOWER GROUND FLOOR UPPER GROUND FLOOR D 2 Bed - 73m² 144 x Double Bicycle Stores 58 x Double Bicycle Stores D 24 SPACES D 27 SPACES (81 spaces) 15 SPACES (45 spaces) Block 3 1 Bed - 60m² 1 Bed - 60m² 2 Bed - 71m² 1 bed - 50m² 3 Bed - 110m² Block SPACES 1 Bed - 41m² Studio - 39m² 7 SPACES (21 spaces) Lobby Studio - 43m² Studio - 39m² D D Studio - 31m² Block 4 2 Bed - 73m² 1 Bed - 58m² Block x Double Bicycle Stores 58 x Double Bicycle Stores 30 SPACES D 13 SPACES (39 spaces) 6 SPACES (18 spaces) Studio - 31m² 1 Bed - 60m² 1 Bed - 60m² 1 bed - 50m² 10 SPACES (30 spaces) SUB STATION 2 Bed - 71m² PEDESTRAIN ACCESS BASEMENT PLANT ROOM 24 GA 257 Proposed Upper Ground Floor A m 20m 30m 40m

14 Conceptual scheme - residential floor plans FIRST FLOOR SECOND FLOOR 2 Bed - 74m² 2 Bed - 74m² 1 Bed - 60m² 1 Bed - 60m² 1 Bed - 51m² 1 Bed - 51m² Studio - 41m² 2bed 65m2 Studio - 40m² Block 3 Studio - 41m² 2bed 65m2 Studio - 40m² Block 3 2 Bed - 71m² 1 Bed - 41m² Studio - 39m² 2 Bed - 71m² 1 Bed - 41m² Studio - 39m² 2 Bed - 71m² 2 Bed - 71m² Studio - 39m² Studio - 39m² Studio - 41m² 1 Bed - 58m² Block 4 Studio - 41m² 1 Bed - 58m² Block 4 1 Bed - 55m² 1 Bed - 55m² 2bed 72m2 1 Bed - 51m² 2bed 72m2 1 Bed - 51m² 26 GA 257 Proposed Second Floor A m 20m 30m 40m

15 Conceptual scheme - residential floor plans THIRD FLOOR FOURTH FLOOR Studio - 34m² 2 Bed- 62m² 2 Bed - 74m² Studio - 31m² 1 Bed - 51m² 1 Bed - 60m² 2 Bed - 77m² Studio - 41m² 2bed 65m2 Studio - 34m² Studio - 33m² Block 3 Studio - 62m² 2 Bed - 71m² 2 Bed - 71m² 2 Bed - 71m² 2 Bed - 74m² Studio - 31m² Studio - 41m² 1 Bed - 47m² Studio - 31m² Block 4 2 Bed- 60m² 3 Bed - 93m² 1 Bed - 55m² 1 Bed - 55m² 2bed 72m2 1 Bed - 51m² 2 Bed - 62m² 28 GA 257 Proposed Fourth Floor A m 20m 30m 40m

16 Conceptual scheme - residential floor plans FIFTH FLOOR SIXTH FLOOR Studio - 34m² 2 Bed- 62m² Studio - 34m² 2 Bed- 62m² 2 Bed - 77m² Studio - 62m² Studio - 62m² 2 Bed - 71m² 2 Bed - 74m² 2 Bed- 60m² Studio - 34m² Studio - 31m² 2 Bed - 62m² Stair 1 Bed - 55m² 1 Bed - 55m² 2 Bed - 62m² 2 Bed - 62m² 30 GA 257 Proposed Fifth Floor A m 20m 30m 40m

17 Conceptual scheme - residential floor plans SEH FLOOR EIGHTH FLOOR Studio - 34m² 2 Bed- 62m² 2 Bed - 71m² 3 Bed - 93m² 2 Bed - 73m² 3 Bed - 100m² Studio - 62m² Studio - 34m² Studio - 31m² 2 Bed - 62m² 1 Bed - 53m² 2 Bed - 80m² Stair 1 Bed - 56m² 2 Bed - 62m² 32 GA 257 Proposed Seventh Floor A m 20m 30m 40m

18 CGI of conceptual scheme Conceptual scheme - residential floor plans NINTH FLOOR 3 Bed - 93m² 3 Bed - 100m² 2 Bed - 80m² 34 35

19 WC's Teapoint WC's Teapoint DDA WC DDA WC WC's Teapoint WC's Teapoint Teapoint WC's CONCEPTUAL scheme - commercial floor plans UPPER GROUND FLOOR TYPICAL LOWER FLOOR Office Office Block 3 Block 3 Block 4 Block 4 Office Office GA Proposed Second Floor A3 0 10m 20m 30m 40m

20 CONCEPTUAL scheme - commercial floor plans TYPICAL MID FLOOR TYPICAL UPPER FLOOR Office Office 3 Bed - 100m² Block 3 Block 4 Office Office GA Proposed Eighth Floor A3 0 10m 20m 30m 40m

21 VAT VIEWINGS The vendor has elected to charge VAT, although Molteno House is excluded from this election. It is assumed that the sale will be treated as a TOGC on those parts elected for VAT. METHOD OF SALE Viewings are strictly by appointment, please contact the joint sole selling agents to make an appointment. Darren Arnold Stephen Raingold darnold@savills.com stephenraingold@lewisandpartners.com Sean Cooper Steven Lewis scooper@savills.com stevenlewis@lewisandpartners.com The property is for sale freehold, subject to the existing leases. Offers are invited for the freehold interest. website Important Notice Further information relating to the property and the proposed development is available at: Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. May

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