T O T T E N H A M C O U R T WA L K

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Catherine Watson
5 years ago
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1 L O N D O N W 1 D I S C O V E R T H E N E W W E S T E N D T O T T E N H A M C O U R T WA L K

2 THE ENTIRE PAVEMENT AREA HAS BEEN REPAVED WITH GRANITE THE WEST END HEADS EAST SLABS, WHILE THE EXISTING MATURE TREES ARE PROTECTED AND ILLUMINATED TOTTENHAM COURT WALK IS A NEW SHOPPING AND LEISURE DESTINATION, MOMENTS FROM LONDON S TRANSPORT NETWORK AND OXFORD STREET ITSELF. THIS REIMAGINED STRETCH OF TEN RETAIL AND RESTAURANT UNITS CONTINUES THE EXTENSION OF THE WEST END S SHOPPING DISTRICT EASTWARD IN TIME FOR THE ARRIVAL OF CROSSRAIL IN DYNAMIC & INVITING DESIGN WONDERFULLY LOCATED AND EASILY ACCESSIBLE, IT S THE PERFECT SETTING FOR BOTH ESTABLISHED AND AMBITIOUS RETAILERS AND RESTAURANTEURS. Designed to rejuvenate this stretch of Tottenham Court Road, these redeveloped units offer retailers impact, light and space. The existing exterior colonnade has been brought into the interior space, giving each unit a fully glazed double height entrance, and creating a ribbon of glass that curves around the corners of each block for a dynamic and inviting façade TOTTENHAM COURT ROAD, LONDON W1 Each unit includes a mezzanine level with a generous floor to ceiling height, while units in the south block boast a lower ground level for additional retail or ancillary space.

areas, while new granite benches provide a welcome breather for those laden with shopping bags.

3 THE GENEROUS, AVENUE STYLE, PAVEMENTS OF TOTTENHAM COURT WALK CREATE THE PERFECT DESTINATION FOR LEISURELY SHOPPING AND AL FRESCO DINING A W E L C O M E SPACE IN A BUSY CITY Cafés and restaurants can make the most of the space with outdoor seating areas, while new granite benches provide a welcome breather for those laden with shopping bags. The entire pavement area is being repaved with granite slabs, while the existing mature trees will be protected and enhanced with atmospheric new lighting.

4 GETTING READY FOR THE SPOTLIGHT TOTTENHAM COURT ROAD STATION WILL BE BUSIER THAN HEATHROW AIRPORT T H E CAPITAL S T R A N S P O R T HUB At the centre of London s most exciting and ambitious regeneration projects, Tottenham Court Walk will establish the area as a go-to high street destination for Fitzrovia, and build on the creation of the flagship Primark and Zara stores on East Oxford Street. The quality hotels, bars and restaurants that have always characterised Fitzrovia and Charlotte Street continue to define it as one of London s premier entertainment districts. The advent of Crossrail in 2018 will recast Tottenham Court Road station into the West End s major transport hub, offering both tube and train services to more than 200,000 passengers each day. A number of new developments are helping change the face of the area, which will open up connectivity between Oxford Street and Tottenham Court Road. Tottenham Court Walk s retailers can expect to benefit from an increase in footfall of more than 75 million a year, equating to 110 million potential customers.

A S T Y L I S H & A FFLUEN T AUDIENCE CROSSRAIL WILL BE THE CATALYST TO INCREDIBLE DEMAND FOR SHOPS, CAFÉS AND RESTAURANTS IN THE AREA There are

Worker densities along some parts of Tottenham Court Road currently exceed 225,000 workers per square mile, with a total footfall in 2014 of 18.

For retailers, this means a captive seven day trade.

5 A S T Y L I S H & A FFLUEN T AUDIENCE CROSSRAIL WILL BE THE CATALYST TO INCREDIBLE DEMAND FOR SHOPS, CAFÉS AND RESTAURANTS IN THE AREA There are currently 135,940 workers within half a kilometre, with an average retail expenditure that s almost 50% higher than the UK norm. Worker densities along some parts of Tottenham Court Road currently exceed 225,000 workers per square mile, with a total footfall in 2014 of 18.4 million. In addition, the same area is home to 25,000 residents with an expected population rise of 7.3% over the next five years. For retailers, this means a captive seven day trade. A youthful academic population of over 160,000 students ensures there s a higher percentage of people aged between 15 and 34 in the area than anywhere else in the UK. Tottenham Court Road station will be busier than Heathrow Airport when Crossrail opens. Source: Fitzrovia Partnership, Crossrail

CREATING B E T T E R PUBLIC SPACES The West End Project is being led by Camden Council a 26m vision to transform the Tottenham Court Road area over the next four years.

6 CREATING B E T T E R PUBLIC SPACES The West End Project is being led by Camden Council a 26m vision to transform the Tottenham Court Road area over the next four years. They are committed to improving congestion and air quality and plan to convert the one way system of Tottenham Court Road and Gower Street for two-way traffic. This will: DISTINCTIVE BY DESIGN DERWENT LONDON IS THE LARGEST LONDON FOCUSED REAL ESTATE INVESTMENT TRUST WHOSE ETHOS HAS ALWAYS BEEN DISTINCTIVE AND D E S I G N - L E D. Improve accessibility to local bus routes Increase the width of pedestrian zones by narrowing the road Introduce direct pedestrian crossings Tottenham Court Road s new wider pavements will be decluttered, repaved and refurnished, while Alfred Place will be converted into a new green space. By creating a safer, more welcoming and thriving environment for residents and visitors, the West End Project will introduce: High quality public spaces for everyone to enjoy Better streets that reduce traffic congestion, delays and collisions Brand new parks, green spaces and improved air quality Safe and attractive streets with wider tree-lined pavements A better place to do business COPYRIGHT: DSDHA WITHIN THE OFFICE PORTFOLIO THERE ARE A RANGE OF TENANTS, MANY FROM THE CREATIVE SECTOR. A NUMBER OF RETAILERS HAVE CHOSEN US TO ACCOMODATE THEIR OWN OFFICES INCLUDING BURBERRY IN VICTORIA, EXPEDIA AND TICKETMASTER IN ANGEL, OAKLEY IN SHOREDITCH, LASTMINUTE.COM IN HOLBORN, CONVERSE IN FITZROVIA, PANDORA IN MARYLEBONE AND INNOCENT DRINKS AT LADBROKE GROVE. Read more at wearecamden.org/westendproject The West End Project sits mostly within The Fitzrovia Partnership Business Improvement District area: fitzroviapartnership.com

7 C H A R I N G C R O S Store St SURROUNDING DEVELOPMENTS AND LANDMARKS Charlotte St Bayley St Wells St Newman St Percy St 14 Stephen St TOTTENHAM COURT RD Bedford Ave Berners St Rathbone Pl O X F O R D S T N E W O X F O R D S T eat Marlborough St Marshall S Poland St Wardour St k St Dean St Fr Gree B U R Y A V E

DEVELOPMENTS 32 48 RATHBONE SQUARE 126 136 CHARING OXFORD STREET DEVELOPER GREAT PORTLAND ESTATES CROSS ROAD T O T T E N H A M COURT WALK DEVELOPER DERWENT LONDON COMPLETED APRIL 2015 RETAIL SIZE

RETAIL SIZE 42,000 SQ FT COMPOSITION RETAIL, LEISURE AND PUBLIC SQUARE DEVELOPER CONSOLIDATED DEVELOPMENTS COMPLETION TBC RETAIL SIZE 60,500 SQ FT COMPOSITION 9,500 SQ FT RETAIL / LEISURE.

2017 COMPLETION 2020 RETAIL SIZE 71,000 SQ FT COMPOSITION RETAIL, 350 SEAT THEATRE, NEW PUBLIC REALM RETAIL SIZE 35,000 SQ FT COMPOSITION 3 RETAIL UNITS 6 1 7 1 OXFORD STREET DEVELOPER DUKELEASE /

OPENED SPRING 2015) LANDMARKS DEVELOPER GREAT PORTLAND ESTATES COMPLETION Q3 2017 RETAIL SIZE 47,000 SQ FT COMPOSITION 2 RETAIL UNITS FASHION RETAIL ACADEMY (1 UNIT PRE NEW LOOK) CHARLOTTE STREET

8 DEVELOPMENTS RATHBONE SQUARE CHARING OXFORD STREET DEVELOPER GREAT PORTLAND ESTATES CROSS ROAD T O T T E N H A M COURT WALK DEVELOPER DERWENT LONDON COMPLETED APRIL 2015 RETAIL SIZE 40,000 SQ FT COMPOSITION 10 RETAIL / LEISURE UNITS DEVELOPER FROGMORE AND LAND SECURITIES COMPLETION Q3/ RETAIL SIZE 70,000 SQ FT COMPOSITION PRIMARK EXTENSION + 3 UNITS COMPLETION Q RETAIL SIZE 42,000 SQ FT COMPOSITION RETAIL, LEISURE AND PUBLIC SQUARE DEVELOPER CONSOLIDATED DEVELOPMENTS COMPLETION TBC RETAIL SIZE 60,500 SQ FT COMPOSITION 9,500 SQ FT RETAIL / LEISURE. 20,000 SQ FT URBAN GALLERY, 31,000 SQ FT BASEMENT GALLERY OXFORD STREET OXFORD STREET DEVELOPER GREAT PORTLAND ESTATES TOTTENHAM COURT ROAD DEVELOPER DERWENT LONDON COMPLETION Q COMPLETION 2020 RETAIL SIZE 71,000 SQ FT COMPOSITION RETAIL, 350 SEAT THEATRE, NEW PUBLIC REALM RETAIL SIZE 35,000 SQ FT COMPOSITION 3 RETAIL UNITS OXFORD STREET DEVELOPER DUKELEASE / BAA DEVELOPER EXEMPLAR, ASHBY CAPITAL, THE BEDFORD ESTATES COMPLETION 2017 RETAIL SIZE 15,000 SQ FT COMPLETED Q COMPOSITION 2 RETAIL UNITS OXFORD STREET RETAIL SIZE 40,000 SQ FT (ZARA OPENED SPRING 2015) LANDMARKS DEVELOPER GREAT PORTLAND ESTATES COMPLETION Q RETAIL SIZE 47,000 SQ FT COMPOSITION 2 RETAIL UNITS FASHION RETAIL ACADEMY (1 UNIT PRE NEW LOOK) CHARLOTTE STREET HOTEL OXFORD STREET CENTRE POINT BRITISH FILM INSTITUTE DEVELOPER DERWENT LONDON COMPLETION TBC DEVELOPER ALMACANTAR THE LONDON EDITION HOTEL RETAIL SIZE 73,000 SQ FT COMPLETION 2017 COMPOSITION 1 LARGE RETAIL UNIT OR 3 4 RETAIL UNITS RETAIL SIZE 48,500 SQ FT COMPOSITION 9 RETAIL UNITS SANDERSON HOTEL WITH 7,000 SQ FT TERRACE / PUBLIC PIAZZA BRITISH MUSEUM

LET UNDER OFFER LET STEPHEN STREET LET LET LET LET 100 METRES 100 METRES TOTTENHAM COURT ROAD TOTTENHAM COURT ROAD 1,787 SQ FT / (166 SQ M) 1,135 SQ FT / (105 SQ M) 2,922 SQ FT / (271 SQ M) L O W E R

9 LET UNDER OFFER LET STEPHEN STREET LET LET LET LET 100 METRES 100 METRES TOTTENHAM COURT ROAD TOTTENHAM COURT ROAD 1,787 SQ FT / (166 SQ M) 1,135 SQ FT / (105 SQ M) 2,922 SQ FT / (271 SQ M) L O W E R 3,758 SQ FT / (349 SQ M) 2,429 SQ FT / (226 SQ M) 1,941 SQ FT / (180 SQ M) TOTA L* 8,128 SQ FT / (755 SQ M) L O W E R 3,389 SQ FT / (315 SQ M) 2,896 SQ FT / (269 SQ M) 1,943 SQ FT / (181 SQ M) TOTA L* 8,228 SQ FT / (765 SQ M) 3,228 SQ FT / (300 SQ M) 2,572 SQ FT / (239 SQ M) TOTA L* 5,800 SQ FT / (539 SQ M) L O W E R 1,823 SQ FT / (169 SQ M) 3,197 SQ FT / (297 SQ M) 2,113 SQ FT / (196 SQ M) 7,133 SQ FT / (662 SQ M) 797 SQ FT / (74 SQ M) 456 SQ FT / (42 SQ M) 1,253 SQ FT / (116 SQ M) 745 SQ FT / (69 SQ M) 408 SQ FT / (38 SQ M) 1,153 SQ FT / (107 SQ M) 1,548 SQ FT / (144 SQ M) 703 SQ FT / (65 SQ M) 2,251 SQ FT / (209 SQ M) 2,957 SQ FT / (275 SQ M) 2,957 SQ FT / (275 SQ M) *ALL AREAS ARE GIA AND SUBJECT TO MEASUREMENT ON COMPLETION

10 RETAIL AGENTS KENNINGHAM RETAIL SAVILLS DAVID KENNINGHAM MARK SERRELL ANTHONY SELWYN SARAH GOLDMAN RESTAURANT AGENTS SHELLEY SANDZER EDMOND SCHAMA AMY COUNSELL ENERGY PERFORMANCE CERTIFICATE RATING: B MISREPRESENTATION ACT WHILST EVERY EFFORT HAS BEEN MADE TO ENSURE ACCURACY, NO RESPONSIBILITY IS TAKEN FOR ANY ERROR, OMISSION OR MIS-STATEMENT IN THESE PARTICULARS WHICH DO NOT CONSTITUTE AN OFFER OR CONTRACT. NO REPRESENTATION OR WARRANTY WHATEVER IS MADE OR GIVEN EITHER DURING NEGOTIATIONS OR IN PARTICULAR BY THE VENDOR, LESSORS OR AGENTS MESSRS KENNINGHAM RETAIL, SAVILLS AND SHELLEY SANDZER. ALL FIGURES ARE EXCLUSIVE OF RATES, SERVICE CHARGE, VAT AND ALL OTHER OUTGOINGS. THE AGENTS HAVE NOT TESTED THE SERVICES. ALL FLOOR AREAS ARE APPROXIMATE. DATE OF PREPARATION JUNE

The Location. Green Park

The Location. Green Park Mayfair W1 CGI The Location Green Park Connectivity GEORGE STREET ROSVENOR STREET NORTH AUDLEY STREET SOUTH AUDLEY STREET 15 MIN WALK PARK LANE DUKE STREET MARYLEBONE HIGH STREET GROSVENOR SQUARE SOUTH