PRELIMINARY PARTICULARS MODERN FREEHOLD OFFICE INVESTMENT OPPORTUNITY BELGRAVE HOUSE, MONUMENT HILL, WEYBRIDGE, SURREY KT13 8RN

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1 PRELIMINARY PARTICULARS MODERN FREEHOLD OFFICE INVESTMENT OPPORTUNITY BELGRAVE HOUSE, MONUMENT HILL, WEYBRIDGE, SURREY KT13 8RN

2 INVESTMENT SUMMARY Weybridge is a prosperous Surrey town situated some 17 miles south west of central London Prominently situated on the A317 Monument Hill and within 2 miles of junction 11 of the M25 A 4 storey modern office building comprising approx 7,932sq ft of office accommodation Freehold 20 on site car parking spaces providing a ratio of 1:397 sq ft Let to 2 tenants, namely accountants Ward Williams and residential developers Consero London on new FR&I leases for a term of 10 and 6 years respectively LOCATION Weybridge is an established office location situated approximately 17 miles south-west of central London within the M25 motorway. The A3 and junction 11 of the M25 are some 3 miles from the town whilst junctions 1 and 2 of the M3 are some 5 miles distance away thereby providing a quick access to the UK s motorway network. Weybridge railway station is located to the south of the town and provides up to five trains per hour running directly to London s Waterloo with a fastest journey time of 29 minutes. The line also provides links to Basingstoke and Woking. Weybridge also benefits from excellent access to Heathrow and Gatwick International airports being some 8 and 18 miles travelling distance respectively. A combined rental income of 149,640 per annum equating to per sq ft Offers in excess of 1,750,000 (One Million Seven Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT A purchase at this level reflects a net initial yield in the region of 8% after allowing for purchasers costs of 5.8% SITUATION Belgrave House is located on the A317 Monument Hill some 200 metres north of the town centre. The property is also situated close to the junction of Oatlands Drive (A3050), Queens Road (A317) and Hanger Hill (B373). Weybridge rail station is some 1 mile to the south of the property whilst the exclusive St Georges Hill is approximately 1.5 miles away.

3 DESCRIPTION Belgrave House comprises a modern purpose built four storey office building with a dedicated gated car park to the rear approached from Baker Street. The office accommodation has been subject to a recent refurbishment. SITE The overall site area is approx. 0.3 acre (0.12 hectares). AMENITIES Air conditioning Wood flooring Up lighters and spot lighting Double glazed windows Shower facilities Male and female toilets 4 person passenger lift On site parking for up to 20 cars USE B1 office use. TENURE Freehold with the benefit of the existing tenancies (see attached schedule).

4 VAT We are advised that the property has been elected for VAT which will therefore be chargeable on the sale price unless the transaction can be treated as a Transfer of Going Concern (TOGC). INVESTMENT RATIONALE Prime SW M25 Investment Attractive net initial yield of 8% Good balance medium to long term income Long term development opportunity subject to planning PROPOSAL Offers are invited in excess of 1,750,000 (One Million Seven Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 8%, after allowing purchaser s costs of 5.8%. EPC Please see certificate on the back page of this details. INVESTMENT SALES GROUP CONTACTS Belgrave House Monument Hill Weybridge Surrey KT13 8RN For further information or to arrange an inspection please contact: BOB CATTANEO DD: bob@cattaneo-commercial.co.uk ANDY ARMIGER DD: andy@cattaneo-commercial.co.uk ADAM SOLIMAN DD: adam@cattaneo-commercial.co.uk Cattaneo Commercial Ltd High Street Kingston upon Thames Surrey KT1 1LL MISREPRESENTATION ACT 1967 and PROPERTY MISDESCRIPTIONS ACT 1991 Cattaneo Commercial for themselves and for the vendors of this property whose agents they are give notice that: a) the particulars are set out as general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, an offer or contract; b) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact but should satisfy themselves by inspection or otherwise as to the correctness of each of them; c) no person in the employment of Cattaneo Commercial has any authority to make or give any representation or warranty whatever in relation to this property.

5 TENANCY SCHEDULE Floor Tenant Area (sq ft) Area (sq m) Rent ( p.a.) Rent ( psf) Lease Start Lease End Car Parking Spaces Comments Ground & First Ward Williams Limited Company No , , /09/12 27/09/22 10 The lease is guaranteed by the parent company Ward Williams Group Ltd (Company No ). Service charge capped for the first 5 years of the term at 30, Lease granted inside the Landlord and Tenant Act. Second & Third Consero London Limited Company No , , /07/12 31/08/18 10 Lease granted outside the Landlord and Tenant Act. Total 7, ,640 WEYBRIDGE OFFICE MARKET Weybridge is a well established M25 office centre, within close proximity of central London. It benefits from excellent road and rail services and international communications offered by Heathrow and Gatwick airports. The area is home to a number of UK and European Headquarters, including Toshiba, Proctor & Gamble, Sony, Royal Caribbean Cruises, Mondi, While there are a number of office buildings in the town centre, Weybridge office market also provides established out of town business parks such as The Heights, Weybridge Business Park, Bourne Business Park, Aviator Park and Brooklands. These business parks have attracted a number of major corporate occupiers in recent years. Office rental values were resilient during the weak occupational market experienced in the mid 2000 s and the market is currently characterised by decreasing levels of Grade A supply in this sector.

6 (Building renamed Belgrave House)