REDHILL S PRIME RETAIL DESTINATION

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1 OPENED MARCH 2017 REDHILL S PRIME RETAIL DESTINATION THE BELFRY SHOPPING CENTRE, REDHILL, RH1 1ST.

2 IN MARCH 2017, THE BELFRY WELCOMED A NEW 20,000 SQ FT H&M FASHION STORE TO THE TENANT MIX Redhill is a popular and affluent commuter town in Surrey and a significant office location in its own right. It is located approximately 20 miles south of London and 8.5 miles north of Gatwick Airport. Neighbouring towns to Redhill include Reigate, Dorking, Horley and Leatherhead. The Belfry is the dominant shopping centre in its catchment and accounts for more than 50% of the prime retail provision in Redhill town centre. Anchored by M&S and H&M, the covered scheme trades over two levels and offers a bright and modern environment to a mix of high street brands. The town benefits from excellent transport links and is situated close to junction 7 of the M25. Redhill station provides rail links into London Victoria with an average journey time of 30 minutes.

3 SCHEME STATISTICS ADJOINING FOOTFALL 45 UNITS 775 SPACE MULTI-STOREY CAR PARK 250,000 SQ FT 5.2 MILLION PER ANNUM (UP 1% YEAR ENDING 2016 AGAINST NATIONAL AVERAGE OF DOWN -2%)

4 CATCHMENT STATISTICS AS A COMMUTER TOWN, REDHILL SERVES A HIGHLY AFFLUENT CATCHMENT, WITH THE TOP TWO MOST AFFLUENT ACORN CATEGORIES ACCOUNTING FOR 58% OF THE CATCHMENT, COMPARED TO 32% FOR THE UK Sutton Croydon A31 Leatherhead Epsom A23 M25 TOTAL COMPARISON Catchment Total Total Comparison Comparison Market Population Goods Expenditure Goods Market Share(%) by Residents ( m) Potential ( m) Core Catchment 87, % Total Catchment 443,508 1, % Guildford Dorking REDHILL Tandridge A22 CATCHMENT ACORN PROFILE: 2016 A24 Gatwick Horley M23 East Grinstead 32% 26% 21% South East United Kingdom Crawley 14% 7% Affluent Achievers City Sophisticates Comfortable Communities Financially Stretched Urban Adversity Source CACI 2016

5 CATCHMENT HEADLINES AVERAGE HOUSEHOLD COMPARISON SPEND 6,167 PER ANNUM POTENTIAL COMPARISON GOODS SPEND 69 MILLION 437 RETAIL FOOTPRINT SCORE (CLASS AVERAGE 213) Relative to both UK and South East averages, Redhill consistently attracts higher spends across all product categories. With a Residential Comparison Goods market potential of 69m Redhill sits within the top 11 % of all retail destinations in the UK. Redhill has a higher RF score and market share than the class average, highlighting the strength of its offer relative to other comparable local centres Source CACI 2016

6 ANCHORS KEY RETAILERS

7 H&M OPENED A NEW 20,000 SQ FT FASHION STORE IN MARCH TRADING OVER BOTH LEVELS, IT OFFERS THE LATEST IN LADIES, MENS AND CHILDRENS FASHION.

8 S TAT I O N R O A D LOWER LEVEL C R O M W E L L R O A D SUPERDRUG HEALTH & BEAUTY LINENS DIRECT HOUSEHOLD TEXTILES CARDS DIRECT ROBERT DYAS TOP GIFT CAFE HO SETE BURTON 16 DOROTHY PERKINS 17 5 GAME HOLLAND & BARRETT VODAFONE 20A TIMPSON & MAX SPIELMANN FRAGRANCE SHOP 2B 2A 20B CLAIRE S ACCESS CARD FACTORY H SAMUEL H I G H S T R E E T

9 S TAT I O N R O A D UPPER LEVEL C R O M W E L L R O A D THE WORKS BENSONS FOR BEDS A FRAMED TO LET BODY SHOP BELFRY BEAUTY TSB BANK TOY BARNHAUS VISION EXPRESS LIFELINE BEAUTY PITCH BLUE TO LET SUPER CUTS UNDER OFFER THREE 34 TAPI CARPETS CAFE PIAZZA H I G H S T R E E T

10 Station Approach Marketfield Way Sainsbury s PLANNED DEVELOPMENTS Marketfield Way This Council-sponsored mixed use development will be located directly opposite The Belfry s main entrance. It will deliver a six-screen cinema, 153 apartments and 50,000 sq ft of retail and A3 space, which will transform Redhill s evening economy in particular. Planning consent is awaited and development will commence in Q Sainsburys Full Planning Permission granted and works underway to provide an extended 80,000 sq ft store plus a 70 bed Travelodge and budget gym. Station Approach Full Planning Permission granted for development of the station site to create 25,000 sq ft of retail space for Waitrose, plus additional convenience retail and 150 flats.

11 THE BELFRY SHOPPING CENTRE,REDHILL, RH1 1ST. Ian Henton Jonathan Martin Rowen Grandison David Legat Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries and their joint agents if any ( LSH ) 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 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 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 or its employees or agents, LSH 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. (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 shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.