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Arden COURT THE BISHOPS AVENUE LONDON

Executive Summary A unique opportunity to undertake an exceptional development for new apartments in one of London s premier addresses. Planning permission for 44 well-proportioned duplex and lateral apartments arranged over 3 new buildings, set amongst mature trees and new landscaped gardens. Total private residential net saleable area of 11,923 sq m (128,333 sq ft). The consented scheme will provide residents with a concierge service, secure underground parking and storage along with extensive leisure facilities including a swimming pool, tennis court and cinema. A rare opportunity to purchase a 1.63 hectares (4.03 acres) freehold site with vacant possession. CGI of consented scheme 4

5 london London remains an attractive place to live, work, play, invest and learn and it continues to draw people from across the globe. It is one of the most diverse, globally connected, competitive, high performing cities in the world, on a wide variety of measures. 2 It is host to the largest number of highest ranking universities, offers world-class primary and secondary education, high quality state schools and private institutions. The capital s cultural offer is exceptional. Three of the top ten museums and galleries in the world are in London, as are 857 art galleries and four UNESCO world heritage sites. 1 4 3 Opposite > 1. Flags on Bond Street 2. Big Ben 3. St Paul s Cathderal 4. The Queen s Guard 5. View across London looking west 6

The Bishops Avenue The Bishops Avenue is considered to be one of London s premier residential addresses, often referred to as Millionaire s Row. It is enviably positioned between Hampstead and Highgate, two of the most desirable areas in the capital, and enjoys a distinct green and open environment with a golf course to the east and west and the expanse of Hampstead Heath directly south. The road was first built in the 1880 s on land that had formed part of The Bishop of London s Hunting Park. While the area to the north around East Finchley Station had already been urbanised with many new inhabitants coming from inner London, the open spaces now comprising the Hampstead Heath extension, Hampstead Garden Suburb and the Hampstead Golf Course helped to provide a tranquil and rural setting within the fast-expanding city. This rural character was highly prized and continues to be so in such proximity to the heart of London. The Bishops Avenue runs north to south from the Great North Road at East Finchley to Hampstead Lane and is crossed by Lyttleton Road (A1). Arden Court is situated at the prestigious southern end of the road, closest to Hampstead (2.3km) and Highgate (1.6km) and just 500 metres from the northern edge of Hampstead Heath and the entrance to Kenwood House. Arden Court has excellent main road links to the West End, The City, the A1 and the North Circular Road (A406); providing access to north, west and east London. The nearest Underground stations are Hampstead, Highgate, East Finchley and Golders Green, all of which provide Northern Line Services into central London. Heathrow Airport is approximately 37 km (23 miles), Luton Airport is approximately 46 km (29 miles) and London City Airport is 23 km (14 miles) from the property. Opposite > A selection of local coffee shops, retailers and restaurants around The Bishops Avenue East Finchley FINSBURY PARK West Hampstead Hampstead HAMPSTEAD HAMPSTEAD HEATH HIGHGATE HOLLOWAY CLISSOLD PARK STOKE NEWINGTON Swiss Cottage HIGHBURY FIELDS South Hampstead PRIMROSE HILL St John s Wood CAMDEN TOWN Camden Town HIGHBURY & ISLINGTON DALSTON Maida Vale REGENT S PARK Euston Square King s Cross St Pancras International Edgware Road WHITE CITY SHEPHERD S BUSH White City NOTTING HILL Hammersmith Ladbroke Grove KENSINGTON High Street Kensington Notting Hill Gate Paddington PADDINGTON Royal Albert Hall South Kensington MARYLEBONE HYDE PARK Knightsbridge KNIGHTSBRIDGE WEST END Green Park Sloane Square Oxford Circus GREEN PARK Victoria London Bridge Southwark Waterloo Borough WATERLOO Elephant & Castle Liverpool Street Bank CITY OF LONDON SOUTHWARK Bermondsey 8

Canary Wharf the city of london The Bishops Avenue is situated between Hampstead and Highgate, two of London s most attractive, affluent and historically important Villages within the city highgate village 10

The west end hampstead Heath hampstead village hampstead golf course 11

Hampstead & Highgate The Bishops Avenue is situated between Hampstead and Highgate, two of London s most attractive, affluent and historically important villages within the city. Both villages provide extensive and high quality retail, leisure and cultural amenities as well some of the capital s and indeed the country s most highly regarded schools. Hampstead and Highgate are separated by the ancient parkland of Hampstead Heath, one of London s best loved and largest green spaces. The Heath is a green oasis in the city, rich in wildlife, home to architectural gems like Kenwood House and offering numerous opportunities for outdoor pursuits and panoramic views of the capital from the top of tranquil Parliament Hill. < Opposite Hampstead and Highgate landmarks and retailers. Hampstead Heath ponds and Kenwood House. 13

Above Highgate and Hampstead have an abundance of excellent coffee shops and eateries. 14

Above The Hampstead Butcher; one of Hampstead and Highgates outstanding artisan retailers. 15

Above Bustling Hampstead High Street and The Everyman Cinema. 16

Above Hampstead and Highgate offer a range of high-end retail options. 17

Above Sunrise over the City of London and Canary Wharf from Parliament Hill, Hampstead Heath. 18

Above Hampstead Heath, one of London s best loved parks, offering green open space and leisure activities. 19

ARDEN COURT GARDENS 4 Arden COURT THE BISHOPS AVENUE LONDON Existing Site Description The site extends to 1.63 hectares (4.03 acres) and currently comprises The Towers, a substantial single dwelling, and 1-5 Arden Court Gardens, a collection of five detached houses set around a cul-de-sac. The Towers was constructed in 1992 and is now in a state of disrepair having never been occupied. The building is positioned towards the back of the plot and there are extensive grounds around the front of the property. 1-5 Arden Court Gardens was constructed in the 1980 s. The houses are in generally good repair and could be made habitable. The land in the area, and the site, slopes downhill from south to north. 50 90.2m House El Sub Sta Ilkley House The Towers Def WHITE LODGE CLOSE 1 3 94.6m 5 4 Knole Hurst 50m 75m NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. Crown copyright licence number 100024244 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. 20 For indicative purposes only.

Above Arden Court Gardens; existing externals and internals 22

The Towers 23

B 27 C Arden COURT THE BISHOPS AVENUE LONDON Scheme Overview The proposed scheme comprises 44 apartments (3x 1 Bedroom, 27x 2 Bedroom, 14x 3 Bedroom) arranged in three buildings. Buildings 1 and 2 front The Bishops Avenue, while Building 3 is positioned at the rear of the site. The buildings have been designed to reflect the prevalent, but notably diverse, architectural character of the area. Building 1 pays homage to a number of the locallylisted Neo-Georgian properties along The Bishops Avenue and within the Hampstead Garden Suburb. The Arts and Craft characteristics of Building 2 retain those found in one of the existing properties on site, The Towers, and frequently seen elsewhere in the area. To the rear of the site, Building 3 establishes a more contemporary language, but is consistent with the other buildings in featuring strong horizontal and vertical bands and columns. BUILDING 1 BUILDING 3 BUILDING 2 Across lower ground and basement levels are a large spa and leisure facility extending to approximately 1,020 sq m (11,000 sq ft) with a cinema room, residents lounge and bar, swimming pool, spa and gym facilities. A tennis court is situated in the gardens. The development will benefit from the existing mature trees on site, many of which are proposed to be retained, and there will be further trees planted to provide increased privacy and a rural character for residents to enjoy. Each building has an area for a concierge situated in an entrance hall. T H E B I S H O P S A V E N U E A total of 44 maximum-size parking spaces will be provided at lower ground and basement levels. Storage rooms for the apartments, plant and an energy centre are situated at basement levels. Secure vehicular access is via the existing cross-over at the entrance to Arden Court Gardens, with a security lodge situated at the gates. Visitor parking is adjacent to the security lodge, in front of Building 1 and at lower ground level. CGI of consented scheme 24

CGI of consented scheme Above West elevation of Building 2 and ramp to secure underground parking. 26

CGI of consented scheme Above West elevation of Building 1 and visitor parking. 27

CGI of consented scheme Above Building 1, positioned at the front of the site and comprising 17 apartments. Pathway through landscaped gardens. 28

CGI of consented scheme Above East elevation of Building 2, which comprises 12 apartments. 29

Planning The site is situated within the London Borough of Barnet and within the Bishops Avenue subset of the Hampstead Garden Suburb Conservation Area. Planning permission (ref: F/04857/14) was granted by the London Borough of Barnet on 3rd August 2015 for: Demolition of six existing dwelling houses and erection of two three-storey blocks and one four-storey block to provide 44 residential units (3 x 1-bed, 27 x 2-bed and 14 x 3-bed units) with servicing, refuse/recycling facilities, tennis court, car parking at basement levels and associated landscaping. The planning permission is subject to a Section 106 Agreement dated 30th July 2015 requiring the (index linked) financial contributions in the table below. Contribution Amount Affordable Housing Contribution 4,500,000 Apprenticeship Contribution 25,000 Play Space Improvements Contribution 88,000 Monitoring Contribution 9,000 Total 4,622,000 The Community Infrastructure Levy payable to the London Borough of Barnet is 2,677,004.80 under the Barnet Community Infrastructure Levy and 945,492.19 under the Mayoral Community Infrastructure Levy. The Planning Decision Notice, Section 106 Agreement and Community Infrastructure Levy Liability Notices are all available on the dataroom. CGI s of consented scheme 30

accommodation schedule Residential Net Saleable Areas BUILDING 1 SQ M SQ FT Unit 1 2 Bed Lower Ground 133.3 256.2 2,758 Ground Floor 122.9 Unit 2 2 Bed Lower Ground 118.2 211.3 2,274 Ground Floor 93.1 Unit 3 2 Bed Lower Ground 135.3 270.9 2,916 Ground Floor 135.6 Unit 4 2 Bed Lower Ground 141.0 261.7 2,817 Ground Floor 120.7 Unit 5 2 Bed Lower Ground 127.2 238.7 2,570 Ground Floor 111.5 Unit 6 1 Bed Ground Floor 147.0 1,582 Unit 7 1 Bed Ground Floor 175.9 1,893 Unit 8 2 Bed + Lower Ground 2 152.2 304.6 3,278 Lower Ground 1 152.4 Unit 9 1 Bed Lower Ground 2 68.6 161.6 1,739 Lower Ground 1 93.0 Unit 10 2 Bed + Lower Ground 2 141.7 252.7 2,720 Lower Ground 1 111.0 Unit 11 3 Bed First Floor 340.0 3,660 Unit 12 3 Bed First Floor 353.6 3,806 Unit 13 2 Bed + First Floor 313.2 3,371 Unit 14 3 Bed Second Floor 303.5 3,267 Unit 15 3 Bed Second Floor 328.4 3,535 Unit 16 2 Bed Second Floor 252.2 2,715 Unit 17 2 Bed Third Floor 293.2 3,156 TOTAL 4,464.9 48,060 BUILDING 2 SQ M SQ FT Unit 1 3 Bed Lower Ground 204.6 376.2 4,049 Ground Floor 171.6 Unit 2 2 Bed Lower Ground 150.2 268.2 2,887 Ground Floor 118.0 Unit 3 2 Bed Lower Ground 109.4 218.2 2,349 Ground Floor 108.8 Unit 4 2 Bed Lower Ground 135.8 258.7 2,785 Ground Floor 122.9 Unit 5 3 Bed Lower Ground 165.1 306.6 3,300 Ground Floor 141.5 Unit 6 3 Bed Lower Ground 154.8 291.8 3,141 Ground Floor 137.0 Unit 7 2 Bed First Floor 223.7 2,408 Unit 8 2 Bed First Floor 225.0 2,422 Unit 9 3 Bed First Floor 420.2 4,523 Unit 10 2 Bed Second Floor 177.7 1,913 Unit 11 2 Bed Second Floor 173.8 1,871 Unit 12 3 Bed Second Floor 358.1 3,855 TOTAL 3,298.2 35,502 32

Arden Court will provide 44 generous duplex and lateral apartments across 3 buildings set in tranquil and green surrounds. BUILDING 3 SQ M SQ FT Unit 1 3 Bed Lower Ground 266.5 443.7 4,776 Ground Floor 177.2 Unit 2 2 Bed Lower Ground 201.7 374.9 4,035 Ground Floor 173.2 Unit 3 3 Bed Lower Ground 2 238.3 524.4 5,645 Lower Ground 1 147.1 Ground Floor 139.0 Unit 4 3 Bed Lower Ground 2 165.4 355.6 3,828 Lower Ground 1 102.0 Ground Floor 88.2 Unit 5 3 Bed Lower Ground 2 221.8 488.4 5,257 Lower Ground 1 139.4 Ground 127.2 Unit 6 2 Bed First Floor 161.9 1,743 Unit 7 2 Bed First Floor 161.9 1,743 Unit 8 2 Bed First Floor 183.2 1,972 Unit 9 2 Bed First Floor 183.2 1,972 Unit 10 2 Bed Second Floor 161.9 1,743 Unit 11 2 Bed Second Floor 161.9 1,743 Unit 12 2 Bed Second Floor 183.2 1,972 Unit 13 2 Bed Second Floor 183.2 1,972 Unit 14 3 Bed Third Floor 296.0 3,186 Unit 15 3 Bed Third Floor 296.0 3,186 TOTAL 4,159.4 44,772 GRAND TOTAL 11,922.5 128,333 GIA GEA SQ M SQ FT SQ M SQ FT Residential Building 1 4,999.1 53,810 5,424.0 58,384 Building 2 3,628.5 39,057 3,931.3 42,317 Building 3 4,641.9 49,965 5,368.5 57,787 Subtotal 13,269.5 142,833 14,723.8 158,487 Other Energy Centre 1,339.4 14,417 1,419.1 15,275 Leisure Complex 1,056.3 11,370 1,166.0 12,551 Circulation to parking inc ramps 3,981.0 42,851 4,086.0 43,982 Parking Storage 627.7 6,757 788.0 8,482 Servicing / Visitor Parking 251.0 2,702 314.0 3,380 Parking area 1,948.8 20,977 2,058.8 22,161 Subtotal 9,204.2 99,074 9,831.9 105,831 TOTAL 22,473.7 241,907 24,555.7 264,318 33

Resident s amenities LOWER GROUND 2 Spa & Swimming Pool Not to Scale - For Identification Purposes Only. 34

LOWER GROUND 1 Not to Scale - For Identification Purposes Only. 35

floor PLANS - BUILDING 1 LOWER GROUND 2 LIGHTWELL Media Room Dressing Room Bedroom Bathroom Utility LIGHTWELL Bedroom LIGHTWELL LIGHTWELL Bathroom Bedroom Bathroom Dressing Room Media Room Plant 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 36

LOWER GROUND 1 LIGHTWELL PRIVATE GARDEN Bedroom LIGHTWELL Linen Entrance Hall Dressing Room Bathroom LIGHTWELL Utility Dressing Room Bathroom Bedroom PRIVATE GARDEN Linen LIGHTWELL Utility LIGHTWELL LIGHTWELL PRIVATE GARDEN LIGHTWELL LIGHTWELL Family Room Dressing Room Bedroom LIGHTWELL Bathroom PRIVATE GARDEN Family Room Utility Utility Entrance Hall LIGHTWELL Store Dressing Room Dressing Room Dressing Room Dressing Room LIGHTWELL PRIVATE GARDEN Bedroom Bathroom Bathroom 1 Bed Apartment LIGHTWELL LIGHTWELL 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 37

floor PLANS - BUILDING 1 PRIVATE GARDEN LIGHTWELL PRIVATE GARDEN GROUND LIGHTWELL Bar Entrance Hall Concierge/ Waiting Bedroom LIGHTWELL Dressing Room Bathroom Bathroom LIGHTWELL Bedroom Entrance Hall Utility Coats Entrance Hall Entrance Hall LIGHTWELL 1 Bed Apartment 2 Bed Apartment Waiting Concierge 3 Bed Apartment Not to Scale - For Identification Purposes Only. 38

FIRST Family Room Entrance Hall Bedroom 3 Bedroom Bedroom Dressing Room Bathroom Dressing Room Bathroom Family Room Utility Entrance Hall Entrance Hall Dressing Room Bathroom Bedroom Dressing Room Family Room 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Bedroom 3 Not to Scale - For Identification Purposes Only. 39

floor PLANS - BUILDING 1 SECOND Family Room Entrance Hall Bedroom 3 Dressing Room Bedroom Bathroom 1465 Bedroom 3 Utility Entrance Hall Entrance Hall Bedroom Dressing Room Dressing Room Bedroom Bathroom Bathroom 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 40

THIRD Dressing Room Bedroom Entrance Hall Bathroom Family Room 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 41

floor PLANS - BUILDING 2 LOWER GROUND 1 Lightwell Lightwell Bedroom 1 Bedroom 1 Lightwell Lightwell Lightwell Dressing Room Dressing Room Dressing Room Bedroom 1 Lightwell Utility Utility Lightwell Bedroom 1 Dressing Room Bedroom 3 Dressing Room Dressing Room Lightwell Bedroom 1 Bedroom 1 Lightwell Dressing Room Bedroom 3 Bedroom 3 Lightwell Lightwell 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 42

GROUND Concierge 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 43

floor PLANS - BUILDING 2 FIRST Dressing Entrance Hall Room Bath 3 Bedroom 3 Bedroom Bedroom Bathroom Dressing Room Dressing Room Bathroom Linen Dressing Room Coats Bedroom Bathroom Dressing Room Entrance Hall Entrance Hall Utility Dressing Room Family Room 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 44

SECOND Bedroom Bedroom 3 Bathroom Bedroom Dressing Room Dressing Room Bathroom Dressing Room Bedroom Dressing Room Dressing Room Dressing Room Bathroom 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 45

15 22 20 01 20 05 15 10 05 01 Arden COURT THE BISHOPS AVENUE LONDON floor PLANS - BUILDING 3 LOWER GROUND 2 Lightwell Lightwell Lightwell Dressing 2 Bedroom 3 Dressing 2 Ensuite 2 Dressing 2 Bedroom 3 Bedroom 3 Media / Games Room Ensuite 3 Ensuite 3 Bed 3 Lobby Utility Media / Games Room Media / Games Room Lobby Ensuite 3 Lightwell Hall Hall Hall Store Platform Lift Lobby Store Utility Bedroom 4 Ensuite 3 Store Store Store Lobby Store 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 46

22 Arden COURT THE BISHOPS AVENUE LONDON LOWER GROUND 1 Lightwell Lightwell Lightwell Ensuite Ensuite Dressing Lightwell Dressing Utility Bedroom Lightwell Landing Landing Platform Lift Lobby Lobby Utility Landing Ensuite 3 Study / Bed 3 Bedroom Lightwell Hall Utility Utility Hall Lobby Lobby Dressing Linen Ensuite 3 Ensuite 3 Linen Dressing Bedroom Bed 2 Bed 2 Ensuite 2 Ensuite 2 Ensuite Ensuite Bed 3 Bed 3 LIGHTWELL LIGHTWELL 36890 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 47

15 22 20 20 05 15 10 15 05 20 Arden COURT THE BISHOPS AVENUE LONDON floor PLANS - BUILDING 3 GROUND Ensuite Bedroom Lightwell Lobby Dressing Hall Hall Coats Platform Lift Lobby Lobby Hall Coats Void Void Lightwell Hall Hall Family Room Store/ Utility Store/ Utility Family Room Seating Area Concierge 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 48

FIRST Bed Bed 2 Bed 2 Bed Ensuite Lobby 2 Ensuite 2 Ensuite 2 Lobby 2 Ensuite Utility Utility Entrance Hall Entrance Hall Coats Coats Coats Coats Entrance Hall Utility Utility Entrance Hall Ensuite Lobby 2 Ensuite 2 Ensuite 2 Lobby 2 Ensuite Bed Bed 2 Bed 2 Bed 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 49

floor PLANS - BUILDING 3 SECOND Bed Bed 2 Bed 2 Bed Ensuite Lobby 2 Ensuite 2 Ensuite 2 Lobby 2 Ensuite Utility Utility Entrance Hall Entrance Hall Coats Coats Coats Coats Entrance Hall Utility Utility Entrance Hall Ensuite Lobby 2 Ensuite 2 Ensuite 2 Lobby 2 Ensuite Bed Bed 2 Bed 2 Bed 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 50

THIRD Family Room Family Room Entrance Hall Entrance Hall Stair Stair Dressing 22 treads @170 rise 22 treads @170 rise Dressing Coats Coats Utility Ensuite Ensuite Dressing 3 Dressing 3 Bed Bed Bed 2 Ensuite 2 Ensuite 3 Ensuite 3 Ensuite 2 Bed 2 Bed 3 Bed 3 1 Bed Apartment 2 Bed Apartment 3 Bed Apartment Not to Scale - For Identification Purposes Only. 51

Tenure contacts Offers are invited for the freehold interest. An Electricity Transformer Chamber is situated at the west of the site demise, held under a 99 years lease (less 2 days) to The Eastern Electricity Board from 29th September 1926. Access to the Transformer Chamber is direct from the public highway. All viewings are by appointment only through the sole selling agents. Darren Arnold darnold@savills.com 020 7409 9926 Sean Cooper scooper@savills.com 020 7409 9948 vat The property is not elected for VAT. website CGI s of the proposed scheme are for indicative purposes only and should not be relied upon to reflect a completely accurate representation of the development. Further information relating to the property and proposed development is available at: www.savills.co.uk/ardencourt Important Notice 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. Designed and Produced by Savills Marketing: 020 7499 8644 March 2016 52