Residential OR OFFICE REDEVELOPMENT Opportunity IN THE HEART OF STAINES UPON THAMES. eliting ouse 4 LONDON ROAD STAINES TW18 4BP

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1 Residential OR OFFICE REDEVELOPMENT Opportunity IN THE HEART OF UPON THAMES H 4

2 H LOCATION 4 Savills are pleased to present H H; a significant residential or office redevelopment opportunity close to the railway station and the centre of Staines upon Thames. - Existing office space of approximately 1, sqm (0,890 sq ft) NIA and 6 parking spaces - Suitable for residential conversion under Permitted Development Rights or redevelopment for residential / office space, subject to obtaining any consents or approvals required - Existing tenancy with vacant possession Q Offers for the freehold are sought by noon on Thursday nd November 017

3 H 4 M4 J4/1 M4 BATH ROAD H H is located in Staines upon Thames; a vibrant and sustainable town with enviable transport connections. M Staines upon Thames is located approximately 7km (17 miles) south west of London and 41km (6 miles) WRAYSBURY RESERVOIR B376 A30 J13 A3113 KING GEORGE RESERVOIR RESERVOIRS HEATHROW AIRPORT ASHFORD GREAT SW ROAD east of Reading. The town is served by the London Waterloo to Reading main line, and offers further services to Windsor and Weybridge. The train station is approximately 0.4 miles to the south east of the site. The nearest bus stop is directly to the front of H H on London Road. Heathrow Airport is km (3 miles) to the north. Staines upon Thames is an attractive proposition to business, retailers and residential occupiers, with a population of circa 18,000 (011 census). The town is home to national and international business occupiers including Cisco, Regus, Centrica, Bupa and Hitachi. Alongside this, the town centre also accommodates a number of retail and leisure amenities including the Elmsleigh Shopping Centre, TK Maxx, M&S, Homebase, Vue Cinema, Spelthorne Leisure Centre, and PureGym. M UPON THAMES A308 BYPASS CHERTESY LN QUEEN MARY RESERVOIR EGHAM HYTHE RIVER THAMES J1/ M3

4 H LOCATION 4 RIVER THAMES M / J13 ELMSLEIGH SHOPPING CENTRE TOWN CENTRE -UPON-THAMES RAILWAY STATION LONDON SQUARE DEVELOPMENT HELITING HOUSE CENTRAL DEVELOPMENT

5 H LOCATION 4 SITE INFORMATION H H is situated to the north east of Staines upon Thames, fronting London Road and located near to the railway station in an area of commercial, retail and residential uses. The site extends to approximately 0.4 acres with a 41m frontage onto London Road. To the west of the property is the Old Police Station; currently office space however earmarked for residential conversion. Further to the west is the residential and retail area along Staines High Street. To the north of the property is Staines Central mixed use development site and 1 London Road offices with residential uses beyond, and to the north-west, the London Square residential development site. To the south and east are commercial and residential areas, with the railway station south on Kingston Road. IVE DR WATERS RIVER ASH N R EAD LM KI MATALAN S R PE RO AD CL STA TIO NP ATH L EN E GR KIN GST ON ROA D ARGOS A308 JEWSON DS AN EFIE O CO EY DN SI AD RO OAD OR GE D EL FI SE RO AD RO LD R GE ST ON ROS TH PA A308 ELMSLEIGH SHOPPING CENTRE E NG ON MARKS & SPENCER D OA YR HELITING HOUSE I AT ST McDONALDS A308 DN ST OA D D OA NR DO SI A308 The building is an L-shaped brick and stone clad office with a pitched roof and roof-top plant. There is an underground parking area with 6 spaces. The parking is accessed from a ramp and access road leading to London Road. The parking ratio is approximately 1:370 sqft. NR SHELL LON ENSONO JD SPORTS TOWN CENTRE DO GREE MIL BOOTS DEBENHAMS BIRCH DR EC ED EM OR MO KINGFISHER TWO RIVERS LO N GRESHAM ROAD AD RO The interior of the building is currently modern, open plan office space that extends to approximately,478 sqft (GIA) over basement, ground and three upper floors. The building has a -storey atrium fronting London Road, and main core containing lifts to the rear. Male, female and disabled s are located on ground, first and second floors. The floor to ceiling of the office space is approximately.71 metres, and is fitted out with raised floors, suspended ceilings, and category florescent lighting.

6 1 0 1 H4 existing PLANS Basement First Floor Store Ramp Down Ramp Up 0 Shower Room NOTES Copyright Rolfe Judd Ltd 1 The Contractor must check and confirm all dimensions All discrepancies must be reported and resolved by the Architect before works commence 3 This drawing is not to be scaled 4 All work and materials to be in accordance with current applicable Statutory Legislation and to comply with all relevant Codes of Practice and British Standards Key Private Offices 3 Parking Spaces 18 to 3 Private 1 Bed Person Offices Private Bed 3 Person Private Bed 4 Person Atrium 173 Office Cycle Store Refuse Plant/Services Ground Floor 1.m 1.7m 1.m Second Floor Car Park 0 T Offices Reception Offices cm 18 to 3 1 Offices Offices m 1.7m 1.m - Existing Drawing 13/04/17

7 H4 The table below shows the approximate schedule of accommodation for the existing office space: FLOOR LEVEL NIA (SQ FT) NIA (SQ M) Ground Reception Ground 6, First 6, Second 6, Third TOTALS 0,890 1, The total GIA of the property is approximately,367 sq m (,478 sq ft). OFFICE Redevelopment Opportunity Office REFURBISHMENT Opportunity Staines is a well-established office location with a thriving community of major businesses that benefit from excellent road, rail and air connections in addition to a full range of amenities. The office stock can be split into two distinct areas; The Causeway (A308) which links the town to the M where both Gartner and VWware have recently established HQ facilities and the town centre/london Road area where companies such as Samsung and Service Now are located. Recent transactions, as outlined in the table below have set new headline rents consistently achieving above 30 per sq ft since 01. There is currently 17,000 sq ft of Grade A supply of which only 40% is located in the town centre with a tight development pipeline of 3,0 sq ft due for completion in 018. The year average annual take-up rate of 111,00 sq ft means there is 1. years of stock available which contributes towards a positive market outlook with current named demand for Staines in excess of 80,000 sq ft. Notable recent transactions: There is an opportunity to reposition the building as a modern town centre office. Rolf Judd architects have designed an indicative scheme for a comprehensive internal refurbishment together with the construction of two additional floors (subject to securing the necessary planning consents) which could amount to a further 14,00 sq ft NIA of office space. Plans for the indicative scheme are available in the further information pack. Date Building Town Tenant Rent (psf) Size (sq ft) March 17 Magna H Staines Tax Computer Systems ,900 November 16 Rourke H Staines Regus , June 16 3 Lotus Park Staines Mallinkrodt Pharmaceuticals ,387 December 1 Strata Staines Service Now ,07 September 1 0 Kingston Road Staines Baxalta ,41 September 1 Pinetrees Staines UKAS ,490

8 0 1 H4 The table below shows the indicative schedule of accommodation for the conversion of the building with the additional space through extending the property. type SIZE (SQ FT) QUANTITY Bed Residential conversion Opportunity The building has existing consent for office (B1) use however formal pre-application advice has been issued by Spelthorne Borough Council, supporting the conversion to residential (C3) use under Permitted Development Rights. An indicative scheme for conversion of the existing building has been produced by Rolf Judd architects, with an NIA of approximately 18,374 sq ft. Full details can be found in the information pack. Ground Floor 4 1 G07 G G Bed Bed to 3 G03 G04 G0 G0 G01 Reception G06 G1 G10 B/3P G11 1 Bed Bed Bed Bed Bed Bed 9 1 Second Floor 1.m Bed 614 Bed 67 Bed Bed 764 Totals 18,374 (SQ FT) NIA cm 18 to B/3P 09 B/3P m

9 H4 type SIZE (SQ FT) QUANTITY 1 Bed Bed 17 1 Bed Bed Bed Bed Bed Bed Bed Bed 64 1 Bed Bed 67 1 Pre-application discussions with the local authority also assessed the potential for increased floor space by way of additional floors and expanded floor space. Proposed redevelopment options have been produced for conversion of the existing building and also extension of the building. The preferred option includes the extension of the building to the west and the addition of storeys to create a total area (GIA) of approximately 40,107 sqft. Full plans and details of the options are available in the additional information pack. The table to the left shows the indicative schedule of accommodation for the conversion of the building with the additional space through extending the property. 1 Bed 667 Bed Bed Proposed Elevation 1 Bed Bed 71 Bed 73 3 Bed Bed Bed Bed Bed Bed Bed 18 1 Totals 31,968 (SQ FT) NIA 47

10 T 1 1 Residential Development PROPOSAL PLANS Basement Floor Second Floor NOTES Copyright Rolfe Judd Ltd 06 4B/6P Coms Intake Boiler Room Ramp Down Ramp Up Gas Intake Cycle Store 0 1 The Contractor must check and confirm all dimensions All discrepancies must be reported and resolved by the Architect before works commence 3 This drawing is not to be scaled 4 All work and materials to be in accordance with current applicable Statutory Legislation and to comply with all relevant Codes of Practice and British Standards Key Private 1 Bed Person 04 B/3P 0 B/3P 07 Water Storage Refuse Private Bed 3 Person03 B/4P Private Bed 4 Person 18 to 3 44 Parking Spaces Substation LV Switch Room 18 to Private 4 Bed 6 Person Retail Office 0 Cycle Store Refuse Plant/Services Car Park 1.m 1.m Ground Floor 1.7m Third Floor El Sub S G06 G07 B/3P NOTES Copyright Rolfe Judd Ltd 1 The Contractor must check and confirm all dimensions G03 B/4P G0 B/4P G04 B/3P G01 G0 B/3P G1 Reception G08 G11 G10 G cm 18 to 3 All discrepancies must be reported and resolved by the Architect before works commence 3 This drawing is not to be scaled 4 All work and materials to be in accordance with current 303 applicable Statutory Legislation and to comply with all relevant Codes of Practice and British Standards Key Private 1 Bed Person Private Bed 3 Person Private Bed 4 Person Private 4 Bed 6 Person 30 Retail Office Cycle Store 304 B/3P B/3P B/4P Refuse Plant/Services m Car Park First Floor B/3P Fourth Floor 0 1.m A 18/09/17 Rev Date Architecture Planning Interiors Old Church Court, Claylands Road, The Oval, London SW8 1NZ T co.uk cm 18 to B/4P 104 B/3P B/4P 10 B/3P cm 18 to Client Legal & General Property Ltd Project H H London Road Staines-upon-Thames Drawing 401 Proposed Ground Floor Plan Scale Date Status 1:00 (A1) Apr 17 Job Number Drawing Number Revision 91 T(sk) P07 A G:\91\T_Series\T_sk\TskP07 40 B/4P 403 4B/6P 1.m 1.7m 1.m A 18/09/17 Rev Date

11 H4 SERVICES Parties are advised to make their own enquiries relating to services and utilities based on their requirements. EPC Band D. The EPC is available in the information pack. VAT Please note that the sale will be subject to VAT. VIEWINGS Please note that viewings are strictly by appointment only. Block viewing days will be organised and allocated on a first come, first serve basis. Please contact Savills for more information. Offers Offers for the freehold are invited via informal tender by midday on Thursday nd November 017. The vendor will not be obliged to accept the highest or any other offer. Local Authority Spelthorne Borough Council Knowle Green Staines-upon-Thames TW18 1XB

12 H LOCATION 4 George Newcombe MRICS Development - Reading gnewcombe@savills.com Sam Oliver Development - Reading soliver@savills.com Tom Mellows MRICS Commercial Agency - London tmellows@savills.com Stuart Chambers Commercial Agency - London stuart.chambers@savills.com IMPORTANT NOTICE Savills, their clients and any joint agents give notice that: 1. They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.. 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 by i-brochure.com, September 017.