(ODD NUMBERS ONLY) CONVENT ROAD, MIDDLESEX TW15 2HW

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1 ON BEHALF OF JOINT FIXED CHARGE RECEIVERS

2 Investment Considerations Freehold mixed use parade comprising: Nine ground floor shops each with a first & second floor flat (9 x 2 bedroom) Terrace of nine garages Total site area of hectares (0.534 acres) with a vacant and undeveloped element of the site extending to hectares (0.133 acres) 8 of the retail units and associated flats each let subject to Full Repairing and Insuring leases Five leases currently holding over No.133 comprising a flat and shop currently vacant Total Current Rental Income of 116,500 per annum 6,643 sq ft ( sq m) of retail and 5,706 sq ft ( sq m) of residential accommodation Significant development and asset management opportunities Offers in excess of 2,250,000 (Two Million Two Hundred and Fifty Thousand Pounds) are invited Freehold interest subjecting to all existing leases and tenancies, subject to contract and exclusive of VAT.

3 TENURE Freehold LOCATION The property is located in Ashford within Spelthorne Borough Council. Ashford is approximately 58 km (36 miles) south west of central London and 4.98 km (3.1 miles) south of Heathrow. The property occupies a prominent corner position on the north side of Convent Road at its junction with School Road and Feltham Hill Road. Both the A30 and A308 (located to the north and south of the property) link to the M25 approximately 6.44 km (4 miles) to the west of the property and the M4. There is a bus stop adjacent to the property providing services to Staines, Wimbledon and Twickenham. Ashford train station is 1.6 km (1 mile) north west of the property and has regular direct services to London Waterloo (c.40 minutes) and Staines (c.4 minutes). RD KEYNES LEIGHTON BUZZARD AYLESBURY HEMEL HEMPSTEAD M40 HIGH WYCOMBE M25 MAIDENHEAD READING WOKINGHAM BRACKNELL FARNBOROUGH WOKING LUTON A1(M) WELWYN GARDEN CITY M25 LONDON CROYDON ROMFORD DARTFORD SEVENOAKS BRAINTREE CHELMSFORD MAIDSTONE SOUTHEND-ON-SEA GILLINGHAM n Road Fortbridge Road Fontmell Park Manor Road urch Road MANOR GOLF CLUB Percy Avenue Fontmell Close B377 Feltham Hill Road Rex Avenue B378 Convent Road Linkscroft Avenue Muncas te r Road Ashford Avenue Metcalf Road Dingle Road Feltham Hill Road Feltham Hill Road B378 School Road B378 halmers Road Southfields Ave Glenfield Road Park Road Chalmers Road East Lynegrove Avenue New Park Road Coolgardie Rd Orchard Avenue Poplar Road Hogarth Avenue Heathrow airport is located 4.82 km (3 miles) north of the property. Europe s busiest airport is used by 80 airlines flying to 185 destinations. GUILDFORD CRAWLEY HAYWARDS HEATH TUNBRIDGE ROYAL TUNBRIDGE WELLS A308 N MARY RVOIR Denman Drive Kingston Road A308 Carew Road A308 Staines Road Hughes Road

4 Crown Copyright, ES For identification purposes only. DESCRIPTION The property comprises a mixed use parade arranged over ground and two upper floors occupying a site of approximately hectares (0.534 acres). The nine ground floor retail units each have a two bed maisonette above. Retail units, (odd) each benefit from rear extensions. The residential element of the parade is accessed from a front stairwell while the individual flats are approached via a rear first floor walkway. The nine two bedroom maisonettes all benefit from front terraces (above the retail) and we understand they are all currently sublet. Vehicular access to the property is from Convent Road at the eastern side of the property. To the rear of the property is a terrace of nine garages which are each demised to the retail units together with additional car parking for approximately 4/5 cars (although there are no marked spaces). There is a triangular shaped vacant site to the north east which is included in the title and extends to approximately hectares (0.133 acres).

5 ACCOMMODATION AND TENANCY SCHEDULE No. Trading Name Accommodation Floor Areas (Commercial NIA and Residential GIA) Lease Dates SQ FT (ITZA) SQ M (ITZA) Start Date End Date (454) (42.18) 117A Regency Dry Cleaning 2 bedrooms, kitchen, bathroom, reception room, terrace First & second (568) (52.75) Jubilee Installations 119A 2 bedrooms, kitchen, bathroom, reception room, terrace First & second , (606) (56.28) Tile Centre 121A 2 bedrooms, kitchen, bathroom, reception room, terrace First & second (512) (47.56) William Hill 123A 2 bedrooms, kitchen, bathroom, reception room, terrace First & second (576) (53.51) Loco 125A 2 bedrooms, kitchen, bathroom, reception room, terrace First & second /129 Two shops & garage 1, (874) (81.22) 127A/129A Coffee Stop Two flats each comprising: 2 bedrooms, kitchen, bathroom, reception room, terrace First & second (453.5) (42.13) The Paper Shop 131A 2 bedrooms, kitchen, bathroom, reception room, terrace First & second (447) (41.48) Vacant 133A 2 bedrooms, kitchen, bathroom, reception room, terrace First & second Lease Term Current Rent (PA) Next Rent Review Out of 1954 Holding act 25/03/86 24/03/11 25 Years 13,750 - No 25/03/86 24/03/11 25 Years 14,000 - No 25/03/86 24/03/11 25 Years 14,000 - No 25/03/86 24/03/11 25 Years 16,000 - No 28/09/12 28/09/37 25 Years 15,000 28/09/17 No 29/09/12 28/09/37 25 Years 30,000 29/09/17 No 25/03/86 24/03/11 25 Years 13,750 - No Total 116, RESIDENTIAL DEVELOPMENT POTENTIAL In order to establish development potential the Vendor has commissioned Barton Willmore to undertake a detailed planning report. The report concluded that in planning terms there is clear potential for additional development of the site, comprising further residential redevelopment. This outcome could be achieved through a range of development solutions including extension of the existing building or comprehensive redevelopment. The full and detailed report is available to download from the data room ( PLANNING Local Planning Authority Spelthorne Borough Council Tel: Website: We have been advised that the property is neither Listed nor situated in a Conservation Area. ASSET MANAGEMENT AND DEVELOPMENT OPPORTUNITIES (subject to obtaining all necessary consents) Let the vacant shop Refurbish and let the vacant flat Potential for an additional floor/ mansard Potential to extend/reconfigure the retail units Potential to re-gear the individual leases Potential to asset manage the structure of the leases and regain control of the residential uppers Potential to develop the site to the rear Comprehensive redevelopment of the site in its entirety

6 VAT We understand that the property is not elected for VAT. EPCs EPCs are available to download from the data room. DATAROOM Further information is provided in the dataroom. For access please register on the following website PROPOSAL Offers in excess of 2,250,000 (Two Million Two Hundred and Fifty Thousand Pounds) are invited for the Freehold interest subjecting to all existing leases and tenancies, subject to contract and exclusive of VAT. Receiver Caveat: This property is being marketed for sale on behalf of Joint Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Fixed Charge Receivers to the best of their knowledge, but the purchaser must rely solely on their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of the sale without personal liability. For further information please contact: National Investments James Salmon Liam Stray Residential Investment & Development James Hood Richard How Michael Linane Misrepresentation Act: 1. Allsop LLP on its own behalf and on behalf of the vendor/lessor of this property whose agent Allsop LLP is, gives notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither Allsop LLP nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. 2. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. Allsop is the trading name of Allsop LLP. Design: CommandD