30 OLD STREET London EC1

Transcription

1 30 OLD STREET LONDON EIGHT AVANT-GARDE APARTMENTS WITNESS THE EVOLUTION OF THE WORLD S MOST FAMOUS CAPITAL CITY FROM YOUR LIVING ROOM WINDOW Developer AJAM LIMITED c/o MHA ASSOCIATES Location Old Street V 9AB Tenure 999 year leasehold from completion of the individual apartment Warranty 10-Year Premier Warranty Local Authority London Borough of Islington Anticipated Completion Estimated Q Page 1 of 7

2 DEVELOPMENT One of the city s most transformative developments, 30 Old Street is a master class in modern day architecture. The building blends post-industrial chic with an intelligent and visionary design to produce six 2-bed apartments and two three-bed duplex penthouses. Offering fantastic vistas over the city of London, the residences at 30 Old Street are crafted for individuals who appreciate the unique and the extraordinary, those amongst us who like to stand from the crowd, who harbour an appetite for distinction. As such, the apartments at 30 Old Street with floor to ceiling glass roof terraces, Juliette balconies and triple glazed windows offer residents breath-taking panoramas over the ever-changing London skyline, from St Paul s Cathedral to The Shard. The eight residences at 30 Old Street are designed for digital age urbanites. Air-conditioning, intelligent-design blinds (with provision for curtains), double glazed windows, intelligent lighting and fully prepped sound and vision seamless systems come as standard. The spec features artisan-finish bronze panelling, hardwood flooring, intelligent lighting and floor to ceiling frameless sliding doors. Seamless is the perfect way to envisage them, the natural flow of space, rooms and living perfectly balanced for your enjoyment. Page 2 of 7

3 LOCAL AREA Just 3 minutes walk from Barbican Tube Station and under 8 minutes walk to Farringdon and Old Street Station, 30 Old Street rests at a cultural confluence, merging the financial wealth and prestige of the city with the creative, expressive ideals that have made London one of the world s most vibrant cities. Directly to the south, you ll find the mid-20 th century Brutalism of the Barbican. Now a Grade II listed building, its impact on the London skyline is equally as individualistic as its effect on the local area itself. A symbol of regeneration done right, boutique coffee shops and cafes now adorn the streets, as do high end, design conscious, bespoke furniture retailers keen to trade off the Barbican s unique architectural aesthetic. Shoreditch and Hoxton, which lie to the east, are areas famed for their associations to famed graffiti artist Banksy. The creative industries have been a central component of Hoxton s gentrification, with arts and entertainment venues, as well as nightclubs, bars and restaurants erring towards offering a more artisan and unique experience Westward, Clerkenwell is responsible for much of London s first class gastronomic reputation, with a whole host of fine dining and some of the best public houses in the city. The area s prestige stretches as far back at the 17 th century and was a favourite of the aristocracy and its fashionable reputation continues to remain untouched today. Page 3 of 7

4 TRANSPORT LINKS 30 Old Street is served by three underground stations, the closest Barbican a three-minute walk away with the underground and national railway stations of Farringdon and Old Street almost equidistant a six and seven minute walk respectively, served by the Circle, Hammersmith and City, Metropolitan and Northern lines. With great expansion scheduled for Farringdon in 2018 both the Crossrail, (linking London s east and west) and the Thameslink Programme (connecting north and south) will make it the only station where commuters can access both lines, making 30 Old Street an excellent base from which to navigate the whole of greater London. And with Square Mile literally on your doorstep, for those toiling in the financial powerhouses and engine rooms of the City, walking to the office is most definitely an option. Page 4 of 7

5 APARTMENT TYPE (6-Apartments & 2-Penthouse Duplex Apartments ) Type Mix 1 st Floor 2 nd Floor 3 rd Floor 4 th & 5 th Floor 2 beds beds [Penthouses] Total LONDON UNIVERSITIES AND COLLEGES (times from 30 Old Street) University of East London Stratford Campus, Waterlane Stratford DLR/London Underground / Overground 35 mins Central St Martin s College Of Art & Design Granary Building, 1 Granary Square, Kings Cross Kings Cross / St Pancras 14 mins London School of Economics Houghton Street Holborn 20 mins University of Westminster 115 New Cavendish Street Great Portland Street 16 mins London South Bank University 103 Borough Road Elephant & Castle 23 mins Royal College Of Art Kensington Gore South Kensington 30 mins London College of Fashion 20 John Prince s Street Oxford Circus 12 mins Imperial College South Kensington Campus South Kensington 30 mins University of the Arts London 272 High Holborn Holborn / Chancery Lane 20 mins University College London Gower Street Euston Square 10 mins City University Northampton Square Angel 13 mins University of London Senate House, Malet Steet Russell Square 17 mins Chelsea College Of Art and Design 6 John Islip Street Pimlico 25 mins London Metropolitan University Holloway Road Holloway Road 18 mins King s College London Strand Temple 19 mins Page 5 of 7

6 COUNCIL TAX Tax Band Market value (April 1991) Islington (Based on 2 occupants within the Property) A Up to 40, B 40,001 to 52, C 52,001 to 68,000 1,130 D 68,001 to 88,000 1,272 E 88,001 to 120,000 1,554 F 120,001 to 160,000 1,837 G 160,001 to 320,000 2,119 H 320,001 and above 2,543 Source: (Year ) ESTIMATED SERVICE CHARGE 3.57 per sq.ft per annum ESTIMATED GROUND RENT 2-bed 375 / 3-bed 550 per annum CONVEYANCING FEES 2,500 plus VAT and Disbursements for a purchase price over 1m 2,750 plus VAT and Disbursements for a purchase price over 1.5m 3,000 plus VAT and Disbursements for a purchase price over 2m ASSIGNMENT To Be Advised STAMP DUTY LAND TAX (SDLT) Up to 125,000 zero 125,001 to 250,000 1% 250, ,000 3% 500,001-1,000,000 4% 1,000,001 to 2,000,000 5% 2,000,001 and over 7% 500,000 and over (purchased by certain persons including corporate bodies) 15% LAND REGISTRY FEES PURCHASE PRICE OF PROPERTY FEES PAYABLE * Fee Scale correct at time of printing 200, , and subject to change 500,001 1,00, ,000,001 and above 910 Source: Information correct as at 28 October 2014, but is subject to change by the Land Registry from time to time. Page 6 of 7

7 PAYMENT TERMS 1. A non-refundable reservation deposit of S$10,000 is payable upon reservation / exchange of contracts. *The booking deposit will be held by Colliers International until the exchange deposit (payable in accordance with point 2 below) has been received in full by Vendor s solicitors, at this stage the S$10,000/- booking deposit will be refunded to the Buyer accordingly * 2. Full 10% Purchase Price payable 14 days from Date of Reservation. 3. Balance of 90% Purchase Price is payable on completion, estimated Q DOCUMENTATION REQUIRED FOR EXCHANGE OF CONTRACT Passport copy / ID card A current utility bill (not mobile phone) or bank statement showing name and home address. If neither document can be provided then: - a. An Inland Revenue demand or b. A letter from employer stating home address Please be advised that the solicitors must see the original copies of the above. VENDOR S SOLICITOR BANKSIDE COMMERCIAL SOLICITORS 58 Southwark Bridge Road London SE1 0AS United Kingdom Alex Fenegan Tel: / Fax: a.fenegan@banksidecommercial.com RECOMMENDED PURCHASER S SOLICITOR RISEAM SHARPLES SOLICITORS 2 Tower Street London WC2H 9NP United Kingdom Hani Zuhuri Tel: / Fax: hani@rs-law.co.uk FOR ALL ENQUIRIES, PLEASE CONTACT Adrian Lim (65) CEA Reg No. : R002922C adrian.lim@colliers.com Carmen Ching (65) CEA Reg No. : R002975D carmen.ching@colliers.com James Tan (65) CEA Reg No. : R002957F james.tan@colliers.com Jonathan Lim (65) CEA Reg No. : R002932J jonathan.lim@colliers.com Ruben Koh (65) CEA Reg No. : R002973H ruben.koh@colliers.com Page 7 of 7