ec1 bricks mortar diamonds gold 5 4 · 2013. 1. 11. · first 89.19 960 okamura corporation...
TRANSCRIPT
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Data Room
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
bricks&moRtardiamonds&gold
Freehold Investment Office Building For Sale54 Hatton Garden, London EC1N 8HN
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Data Room
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
Investment Summary
• Freehold
• 2008newbuildwith‘green’credentialsanduniqueconvertedworkroom
• Multi-letactivemanagementopportunity
• Lowpassingrentof£263,575perannum(£35.12persqftoverall)
• AshortwalkfromthemajorCrossrailhubatFarringdonwithdirectlinkstoWestEnd,City,LondonInternationalAirportsandEurostar.
• Offersinvitedinexcessof£4,250,000subjecttocontract
• Apurchaseatthislevelprovidesinvestorswithanattractivenetinitialyieldof5.86%andareversionaryyieldof7.02%basedon5.8%acquisitioncosts,andanERVof£42.50(£315,800perannum)
Investment Summary
2
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Data Room
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
Aerial Overview
54 Hatton Garden
Prudential Building
New Street Sq. St Paul’s CathedralThe CitySmithfield BarbicanFarringdon Road Old Street Farringdon Station
Gray’s Inn
Leather Lane
Clerkenwell Road Johnson Building
Holborn Circus
High Holborn Lincoln’s InnChancery Lane Tube
3
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Data Room
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
CIT
Y R
OA
D
FAR
RI N
GD
ON
RO
AD
FA
RR
I NG
DO
N R
OA
D
FA
RR
ING
DO
N S
TR
EE
T
C L E R K E N W E L L R O A D
T H E O B A L D ’ S R O A D
C H A R T E R H O U S E S T
ST
JO
HN
ST
RE
ET
H O L BORN V IADU CT
V I C T O R I A E M B A N K M E N TU P P E R T H A M E S S T R E E T
L O N D O N W A L L
L O N D O N W A L L
MO
OR
GA
TE
GO
SW
EL
L R
OA
DA
LD
ER
SG
AT
E S
T
O L D S T R E E TN
Barbican
Moorgate
St Paul’s
Chancery Lane
Blackfriars
SmithfieldMarket
Guildhall
Broadgate
LloydsBuilding
Bank OfEngland
St Paul’sCatherdral
Farringdon
CityThameslink
Bank
LiverpoolStreet
OldStreet
CannonStreet
HA
TT
ON
GA
RD
EN
GR
AY
’ S I N
N R
OA
D
GR
AY
’ S I N
N R
OA
D
H I G H H O L B O R N
F L E E T S T R E E T
KIN
GS
WA
Y
CH
AN
CE
RY
LA
NE
A
LD W Y C H
1
2
3
4
5 6
7
8
9
10
11
12
13
14
THE CITY
FARRINGDON
BLOOMSBURY
MIDTOWN
GRAY’S INN
LINCOLN’S INN FIELDS
CLERKENWELLGREEN
TO KINGS CROSS & ST PANCRAS
Location +Transport
54HattonGardenissituatedontheeasternsideofHattonGarden,closetoitsjunctionwithClerkenwellRoad.ThiscentrallocationlinksClerkenwellandHolbornCircusandisperfectly positioned to access FarringdonStationandLondon’skeycommercialandculturalsights.
Hatton Garden is globally recognized asthecentreof theUK’sdiamond tradeandLondon’s jewellery quarter. However, inmorerecentyearstheareahasbecomeaverydesirableoffice locationandattracteda range of bars, shops, and recreationalfacilities.Ithasadiversemixofcommercialoccupiers of global standing, includingGrey London, Thomson Reuters, TerenceConran,UnitedLondon,McCannErickson,Sainsbury’sHQ,Deloitte,WarnerBrothers,theTrainlineandarchitectsZahaHadidandBuchanGroupInternational.
The daily market on Leather Lane is verypopular with local residents and officeoccupiers,enhancingthevibrantatmosphereofthearea.
Location +Transport
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
1. Etc.Venues
2. GreyLondon
3. ThomsonReuters
4. LeatherLanemarket
5. AgentProvacateur
6. BenSherman
7. Trainline
8. Grimshawarchitects
9. ZahaHadidarchitects
10.ITN
11.WarnerBrothers
12.Wragge&Co
13.Sainsbury’sHQ
14.Deloitte
12
4
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Data Room
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
Location +Transport
TransportlinksareexcellentwithFarringdonstation less than 400 metres away andChanceryLanetubeonly600metresaway.
Farringdon station is at the heart of amajor investment programme in London’s21st century railway network. Four linesalready run through the interchange: onerail–Thameslink–andthreeTube-Circle,Metroplitan and Hammersmith & City. Farringdon station offers direct trains toGatwickandLutonairportsviaThameslink,while St Pancras International and King’sCrossarejustonetubestopaway.
CROSSRAILWith the opening of Crossrail, the newstation at Farringdonwill be linked directlyto Heathrow, London City Airport, CanaryWharf and the international station atStratford, thereby providing some of thebesttransportlinksinWesternEurope.
Location +Transport 12
5
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Data Room
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
Description
In200854HattonGardenwasrebuiltandextended by Marldon to create a highlyspecified and green office environment. Specificationitemsinclude:
-perimeterVRVheatingandcooling
-aircirculationsystem
-raisedaccessfloors
-exposedceilingswithETAPlightingsystem
-Koneeightpersonpassengerlift
-DDAcompliant
-bespokeoakjoinery
-kitchenettestoeachfloor
-CPHartfittingstobathroomsandshowerroom
-keyfobentryphonesystem
-externallighting
-solarpoweredcentralisedhotwatersystem
-rainwaterharvestingsystem
-guaranteesandwarrantiesavailable.
The property provides some of the bestofficeaccommodationinthearea.
Description
6
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Data Room
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
Tenancy Schedule
FLOOR NET INTERNAL AREAS TENANT RENT LEASE DEPOSIT
Sq m Sq ft PA £/sq ft Start End
Fifth 87.33 940 LandEnergyLtd £23,500 £25.00 23/09/09 22/09/14 £11,500
Fourth 94.76 1,020 GIGFacadesLtd £27,285 £26.75 11/12/09 10/12/14 -
Third 94.76 1,020 AcoroCapitalPartnersLLP £30,090 £29.50 17/06/09 16/06/14 £17,250
Second 94.76 1,020 AnagennaoLLP £39,780 £39.00 05/01/09 04/01/14 £19,061
First 89.19 960 OkamuraCorporation £37,920 £39.50 27/08/08 26/08/13 £22,278
Ground & Lower Ground 236.44 2,545 BuchanGroupInternationalPTYLtd £105,000 £41.26 17/07/08 16/07/18* £62,275
Total 697.24 7,505 £263,575 £35.12 £132,364
*RentReviewdue17July2013andaTenantBreakOptionon7January2014subjectto6monthspriornoticeanda£26,250penalty.
Tenancy Schedule
7
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Data Room
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
Tenant Profile
Tenant Profile
LAND ENERGy LTD (8.92% INCOME)
LandEnergyisarenewableenergybusinessdedicatedtofindingcommerciallyviablesolutionstoreducethecarbonfootprintoftheircustomers.
www.land-energy.com
GIG FACADES LIMITED (10.35% INCOME)
GIGFacadesistheUKofficeofthelongestablishedAustriancompanyGIGFassaden.Theydesign,produceandinstalluniquepremiumfacadesforkeyarchitecturalprojectsworldwide,includingtheBritishMuseumNewWorldConservationExhibitionCentreinLondon.
www.gig.at
ACORO CAPITAL PARTNERS LLP (11.42% INCOME)
Acoro isauthorisedandregulatedby theFinancialServicesAuthorityandprovidesspecialistcorporatefinanceandadvisoryservicestofinancialsectorclientsinCentralandEasternEurope.
www.acorocapital.com
ANAGENNAO LLP (15.09% INCOME)
Anagennaoinvestinandprovideconsultancyservicesforthedevelopmentofnewfacilitiesinthehealth,socialcare,emergencyservicesandregenerationmarkets.
www.anagennao.com
OkAMuRA CORPORATION (14.39% INCOME)
Forover65years,OkamurahasbeenJapan’s leadingoffice furnituremanufacturerand isrecognisedforitshighqualityproductsnowdistributedtoover50countries.
www.okamura.jp
THE BuCHAN GROuP (39.84% INCOME)
Formedin1990theBuchanGroupisoneofthelargestarchitecturalgroupsinAustralasia,alsowithofficesinLondon,DubaiandShanghai.Itisrecognisedfordesignexcellenceanddepthofexperienceinlargescaleprojects,whichincludeWestfieldLondonandWestfieldStratfordCity.
www.buchan.com.au
8
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Data Room
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
Floor Plans
Floor plansLowerGround|GroundFloor|1stFloor|5thFloor
office
office
office office
office
office
office
LOwER GROuND
1234
9
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Data Room
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
Floor Plans
Floor plansLowerGround|GroundFloor|1stFloor|5thFloor
office
office
office office
office
office
office
GROuND FLOOR
1234
10
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Data Room
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
Floor Plans
Floor plansLowerGround|GroundFloor|1stFloor|5thFloor
office
office
office office
office
office
office
1ST FLOOR
1234
11
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Data Room
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
Floor Plans
Floor plansLowerGround|GroundFloor|1stFloor|5thFloor
officeoffice
5TH FLOOR
1234
12
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Data Room
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
Market Commentary
The Midtown, Clerkenwell and City Fringe Market Commentary
ThisareaisoneofthemostactivecommercialrealestatemarketsinCentralLondon.Risingoccupierdemanddrivenbycompaniesseekingcharacterofficeshascreatedcompetitivepressureandin2012generatedover10%rentalgrowth.Currentvacancyratesinthedistrictstandat6.7%againstaCentralLondonaverageof7.5%(EGILondonMarketAnalysis).Thisexcitingmarkethasattractedavarietyofinvestorsincludinginstitutionalfunds,propertycompanies,privateindividualsandoverseasinvestors.Recenttransactionsinclude:
INvESTMENT TRANSACTIONS
PROPERTy FLOORS SIzE PRICE NIy DATE
65ClerkenwellRoad B,G,1st-4th 12,786sqft Freeholdsoldat£5.5m 3.72% Q32012
GriffinBuilding83ClerkenwellRoad B,G,1st-3rd 19,315sqft Freeholdsoldat£9.05m 5.00% Q12013
3-7RayStreet B,G,1st-5th 18,230sqft Freeholdsoldat£9.125m 4.65% Q12013
LETTING TRANSACTIONS
PROPERTy ACCOMMODATION RENT ACHIEvED (£ /Sq FT PER ANNuM ExCL.) DATE
66TurnmillStreet Firstfloor-856sqft £43.25 Q32012
6-7StCrossStreet Fifthfloor-3,722sqft £42.50 Q32012
146-148ClerkenwellRoad Fourthfloor-1,318sqft £39.50 Q32012
9-10CharterhouseBuildings Firstfloor-1,375sqft £43.64 Q42011
13
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Hat
tonG
arde
n
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54 H
atto
nGar
den
EC1
54
Investment Summary
Aerial Overview
Location +Transport
Description Tenancy Schedule
Tenant Profile
Floor Plans
Market Commentary
Proposal, Contact, EPC
CLICk TO vIEw
Proposal, Contact, EPC
Proposal
TENuRE Freehold(TitlenumberLN51989).
PRICE Offersforthefreeholdinterestareinvitedinexcessof£4,250,000,subjecttotheexistingleasesandsubjecttocontract.
Apriceatthislevelreflectsanetinitialyieldof5.86%andareversionaryyieldof7.02%basedon5.8%acquisitioncostsandanERVof£42.50psf(£315,800perannum).
vAT ThepropertyhasbeenelectedforVAT.However,providedtherelevantconditionsaresatisfieditisenvisagedthatthesalewillbetreatedasaTransferofaGoingConcern.
wARRANTIES WarrantiesandGuaranteesinrespectofthebuildingareavailable.
FuRTHER INFORMATION
ForfurtherinformationpleasevisittheDataRoomortoarrangeaninspectionpleasecontactthejointsoleagents:
Adesignandbuildby
www.marldon.net
Matthews&GoodmanLLPandAntonPagegivenoticethat: Theseparticularsaresetoutasageneraloutlineonly fortheguidanceofintendingpurchasersorlessees,anddonotconstituteanypartofanofferorcontract.Detailsaregivenwithoutanyresponsibility,andanyintendingpurchasers,lesseesorthirdpartiesshouldnotrelyonthemasstatementsorrepresentationsoffact,butmustsatisfythemselvesbyinspectionorotherwiseastothecorrectnessofeachofthem.NopersonintheemploymentofMatthews&GoodmanLLPandAntonPagehasanyauthoritytomakeanyrepresentationorwarrantywhatsoeverinrelationtothisproperty.Guideprices,rentsorotherpricesquotedarecorrectatthedateofpublicationand,unlessotherwisestated,exclusiveofVAT.IntendingpurchasersandlesseesmustsatisfythemselvesindependentlyastotheincidenceofVATinrespectofanytransactionrelatingtothisproperty.DateofpublicationJanuary2013.
Data Room
T:02073675533
Richard [email protected]
Peter [email protected]
T:02073361313
Chris [email protected]
Finn [email protected]
14