TH PK HOUS AT LONDON, C3 FRHOLD CITY OF LONDON AT COMPRISING FOUR ADJOINING OFFIC AND RTAIL BUILDINGS 250 MTRS SOUTH OF LLOYD S OF LONDON
TH assets Peek House & Aex Block, 20 astcheap 22-28 astcheap / St Mary At Hill 2
TH PK HOUS AT, lodo, ec3 - St Mary At Hill 3 Lovat Lae 3
KY FACTS OPPORTUNITIS Freehold. Opportuities exist to add value with immediate effect. Iitiatives iclude:- Situated i a promiet City of Lodo locatio, circa 250 metres south of Lloyd s of Lodo. Upgradig floorspace. Vacat possessio of approximately 23,000 sq.ft. of office accommodatio could be obtaied withi the ext 2 moths. Virtual islad site. Four adjoiig self-cotaied office ad retail buildigs with substatial frotage oto astcheap, St Mary At Hill ad Lovat Lae. Located i close proximity to 20 Fechurch Street ( The Walkie-Talkie ) - a icoic 3 storey developmet which is curretly uder costructio. The state comprises 5,285 sq.ft. (5,32 sq.m.) of lettable accommodatio of which 38,8 sq.ft. is office ad acillary accommodatio ad 8,80 sq.ft. is i retail use. Six highly promiet retail uits. Let by way of thirty-eight occupatioal leases draw o effective full repairig ad isurig terms. As at 2/0/202 the weighted average uexpired lease term is circa 3.50 years to the earlier of lease expiry or determiatio. Less tha.50% of the office accommodatio is curretly vacat. Negotiatig retal uplifts. The average office ret of 2. per sq.ft. overall has sigificat reversioary potetial. Re-gearig leases ad implemetig ret reviews. All office leases are excluded from the Security of Teure provisios of the Ladlord & Teat Act. Re-lettig a prime retail uit frotig oto astcheap which is curretly used as a bakig hall (to be vacated). Alterative uses could iclude restaurat / A3. (2) xplorig alterative uses icludig residetial / serviced apartmets. - St Mary At Hill, 3 Lovat Lae ad Peek House Aex are extremely well suited to a chage of use. (2) Capitalisig o ehacemets to the area as a cosequece of The Walkie-Talkie developmet at 20 Fechurch Street. Positive iflueces will udoubtedly iclude icreased pedestria footfall alog astcheap. Realisig idividual assets targetig ower occupiers ad / or residetial developers. Aggregate et retal icome of,23,53 () per aum exclusive. Low passig ret of 2. per sq.ft. overall i respect of the office ad acillary accommodatio. Approximately 35% of the retal icome is attributable to the retail / restaurat uits. PROPOSAL Offers i excess of 8,000,000 are ivited, subject to cotract, for the freehold iterests. Assumig purchaser s costs of 5.80% this would idicate:- A et iitial of circa.50%. () A capitalised cost of circa 330 per sq.ft. overall or 20 per sq.ft. i respect of the office accommodatio whe capitalisig the retail icome at 5.50%. () Net ret reserved / et iitial yield assumig that ret top up s are provided where accommodatio is vacat ad / or subject to cotractual ret free periods. (2) Subject to obtaiig the ecessary approvals. 2
TH PK HOUS AT, lodo ec BROADGAT 30 MARY AX TOWR 2 bak of eglad lloyd s of lodo TH WILLIS BUILDING LONDON MTAL XCHANG 20 fechurch street TH WALKI-TALKI FNCHURCH RT ATION platatio place lodo uderwritig cetre moumet statio TH PK HOUS AT N V 2
TH PK HOUS AT, lodo, ec3 A COR CITY OF LONDON LOCATION The state is situated i a core City of Lodo Locatio, approximately 250 metres south of Lloyd s of Lodo ad 50 metres east of Moumet Udergroud statio. The properties occupy a highly promiet positio bouded by astcheap to the orth, St Mary At Hill to the east ad Lovat Lae to the west. astcheap is a major thoroughfare coectig Tower Hill ad Tower Bridge to the east with Gracechurch Street, Lodo Bridge ad Cao Street to the west. The Bak of glad, The Lodo Metal xchage, The Lodo Uderwritig Cetre ad Lloyd s Register of Shippig are all withi close proximity. Numerous fiacial services providers, corporates ad law firms are located i the viciity. Refer to page 8. Lloyd s of Lodo The state lies i a area of the City of Lodo which has a log associatio with the Isurace ad Shippig idustries. Lloyd s of Lodo, the world s oldest ad leadig specialist isurace market is a five miute walk to the orth. Lloyd s is home to i excess of 50 maagig agets ad over 80 sydicates, which offer a urivalled cocetratio of specialist uderwritig expertise ad talet. From its roots i marie isurace, Lloyd s has diversified (durig its 300 year history) such that it ow isures the world s biggest ad most uusual risks. 20 Fechurch Street ( The Walkie-Talkie ) - A Icoic Developmet 50 metres to the orth at 20 Fechurch Street, Lad Securities ad Caary Wharf Group are developig a icoic thirty-six storey tower ( The Walkie-Talkie ). The scheme will provide 85,000 sq.ft. (3,38 sq.m.) of Grade A office ad retail accommodatio, together with a publicly accessible sky garde. The project is scheduled for completio i early 20 ad is set to attract high profile occupiers from the busiess commuity. Lettigs have bee cocluded with Markel Corporatio ad RJ Kil at headlie rets reported to be at 2.50-5.00 per sq.ft. Negotiatios are uderway with a umber of other occupiers. It is aticipated that betwee,000,000 people will be housed i the buildig ad this bodes well for the retail offer at the state. Leadehall Market Leadehall Market, a Grade II* listed buildig with cobbled streets, is located immediately to the south of Lloyd s of Lodo. The Market is a eclectic ad vibrat destiatio which houses restaurats, coffee houses, wie bars, butchers, cheesemogers ad florists. Market stalls ad alfresco diig help to attract visitors from a wide catchmet. Major retailers i the viciity iclude; House of Fraser, Marks & Specer, Liks, TM Lewi, Gieves & Hawkes, Harvie & Hudso, Joseph Cheey & Sos ad Nado s.
hero tower tower 2 swiss re deutsche bak aviva JLT/ CLYD & CO BANK OF NGLAND lloyd s of lodo willis AC GROUP keedy s/ mitsui sumitomo INSURANC COMPANY LONDON MTAL XCHANG CATLIN GROUP SCOR WR BRKLY lloyd s register of shippig xl capital FM INSURANC chartis group acceture ALLIANZ GROUP/ tokio marie ascot uderwritig aspe GROUP BARBICAN INSURANC haover re 20 fechurch street DVLOPMNT qbe INSURANC GROUP royal ad sualliace WLLS FARGO & COMPANY royal lodo asset maagemet chaucer holdigs muich re uiversity partership programme HM AS PROTCTION AGNCY post office fiacial & travel services geeral re bak sepah iteratioal lodo uderwritig cetre chartered istitute for securites & ivestmet the hyperio group BANCA MARCH BAZLY MANAGMNT/ AXIS SPCIALITY UROP beachcroft TH PK HOUS AT HDI GRLING INSURANC lloyds tsb bak hm reveue & customs N V
PL OW RTO RR HA R T R R T LS T RGAT TR AN RA V G TC DI N DS H LA UN LOCAL OCCUPIRS RT R T R T T BU RY R OA D BR W LOM M ARY AX T JWRY R BISHOPS B IRC R LIM S D F R IA R CH UT CR T R CH NU HUR PR S N HING LAN LAN MINCING L HIL TAN S NS DU HILL MA RY AT H LAN R FISH T R S ILLIAM RI KING W 20 FNCHURCH RT TH WALKIe-TALKIe 2 22 LADNHALL RT (TH LADNHALL BUILDING) 3 52-5 LIM RT TH PINNACL 5 MONUMNT PLAC - moumet street 5 eastcheap 8 0 mark lae 20 FNCHURCH RT 0 20 st mary at hill O N IN APPROACH N BRID LONDO 8 ROYA A G SWA N LA RCNTLY COMPLTD, CURRNT & proposed DVLOPMNTS M SSAG BOTO LP T LAN BU MARK LA SH LA N ROOD LA N R OW IDOL LA N N LOVAT LA PUDDING LAN L PA GOODMAN S YARD C OO PHILPOT LAN GRA CC LAN T R ANG T RT AV RK MA IAM ILL TR W TN RIS D S OY LL GW KIN LAN TR 50 MAPFR R 5 MARSH & MCLNNAN COMPANIS (MMC) 52 MITSUBISHI UFJ T R 53 MITSUI & CO UROP T AM TR 5 MITSUI SUMITOMO INSURANCBRGROUP AH HS IG H AT 55 DG MUNICH R AL 5 m rothschild & sos 5 NOMURA GROUP 58 NORTHRN & SHLL 5 PO OFFIC FINANCIAL T R & TRAVL SRVICS I AL 0 PRUDNTIAL M&G QB INSURANC GROUP 2 RFIB GROUP T R TN RTH 3 ROYAL AND SUNALLIANC NO ROYAL BANK OF CANADA 5 royal bak of scotlad ROYAL LONDON AS MANAGMNT sgm foreig exchage 8 SCOR SWISS R GH S ROU 0 TOKIO MARINe RBO SCA UBS GLOBAL AS MANAGMNT RT HAYDON 2 UNIIVRSITY PARTNRSHIP N H T S OUT PROGRAMM 3 vtb bak RT OKN FARGO WLLS PORTS P R 5 WILLIS XL CAPITAL RT RT MINO BILLIR T T TR LK HS T HI N L AN GAT LAN S S FFO HIG LL R THO OL D BAR C PRIN SU C L MA NSLL ACCNTUR LPH TO BO 2 AC GROUP. T 3 AGis INSURANC SRVICS R BANK OF NGLAND 8 DL ADN ALLIANZ GROUP THR 5 ARGNTA HOLDINGS ASCOT UNDRWRITING 2 T 2 R ASPN HOLDINGS DL N 8 AVIVA AD THR AXA INSURANC 2 0 Baca march ROYAL XCHANG LADN HALL RT DLR BANCA Mote dei Paschi di Siea CORNHILL MANS ION H OUS 2 BANK SPAH INTRNATIONAL R BANK 3 CORNHILL T 3 3 barbica isurace LLOYD S 3 beachcroft OF 25 MANSION 5 BAZLY GROUP LONDON HOUS WILLIS BUILDING BRWIN LIGHTON PAISNR 8 5 5 LADNHALL BOND PARC FNCHU 8 CANADA LIF RCH AVNU MARKT CATLIN 38 LO 30 MB T AR 8 20 CHADBOURN & PARK DS R 5 TR H 5 RC 2 CHARLS SCHWAB HU 52 T 2 C 22 Chartered Istitute for FN 3 28 Securities & Ivestmet 23 3 23 CHARTIS GROUP 5 2 CHAUCR HOLDINGS 3 50 CROSSWALL 25 CHUBB INSURANC COMPANY OF 2 FNCHURC 3 H RT FNCHURCH UROP 33 0 RT 2 CLARKSONS 3 55 CANNON RT 2 DAI-ICHI KANGYO BANK 8 2 28 DAIWA CAPITAL MARKTS CANN 2 IARS 2 DUTSCH BANK ON S HD FR TR CRUTC T 30 FIR RAND LTD 3 3 fm isurace compay / 2 5 2 MONUMNT gable holdigs AC HAP 53 32 GN R 22 33 HANOVR R GROUP 32 0 3 HDI GRLING 0 5 35 HISCOX INSURANC R T QU A GR R R AT 3 U 0 8 3 hm asset protectio agecy TH TO AR W UPP 0 RS 3 T HM RVNU & CUOMS R T TR MUSCOVY R 5 HAM 3 3 T S S 38 HCC / WR BRKLY / MO TR NU T 20 M TH PK HOUS AT VR RINSURANC NT 5 R T 3 HOW ROBINSON & COMPANY BYWARD RT 5 0 0 TH HYPRION GROUP HILL 2 T OWR HYUNDAI MARIN & FIR INSURANC / DCUS INSURANC BROkRS LOWR THAMS 2 ifs school of fiace / plexis law RT 5 3 INDURIAL & COMMRCIAL BANK OF 58 CHINA INTGRATD FINANCIAL ARRANGMNTS 2 LOW 5 BILLINGSGAT R T 5 kames capital HAM S S KNNDYS TR T lloyds bakig group RIVR THAMS 8 LONDON UDRWRITING CNTR MAN GROUP 35 H IT P HA MA NS ORTON THROGM LOTHBU RY W O.M N HO Y G AR Y AX BIS O RIN HO G PS R T GA T AUIN LL F RI ARS MOO T LOCAL OCCUPIRS & developmets L L WAY CIA M L R T H P K HO U S S TAT, lo d o, ec 3 L KNN T T R T T TL T R R CU NS MM THRO TO CO ULS CA W HI T GO OLD X R T W T S MIL N GM O DL CAM O R ID COL RT ON WOOD L WORM M GRAT SWAN A LL Y SM ITH FI LD LM
recetly completed, curret AND proposed developmets 20 Fechurch Street, C3 3 52-5 Lime Street, C3 Size: Status: 85,000 sq.ft. (3,38 sq.m.) arraged over 3 floors icludig a publicly accessible sky garde. Speculative developmet uderway. Completio scheduled for Q2 20. Size: Status: 5,000 sq.ft. (53,52 sq.m.) arraged over 35 floors. A plaig applicatio has bee submitted. Completio scheduled for 20. Developer: Lad Securities & Caary Wharf Group Plc. Developer: W.R. Berkley for its ow occupatio. Occupiers: Lettigs have bee cocluded with Markel Corporatio ad RJ Kil at headlie rets reported to be at 2.50-5.00 per sq.ft. Negotiatios are uderway with a umber of other occupiers. 2 The Leadehall Buildig, 22 Leadehall Street, C3 The Piacle, 2 Bishopsgate, C2 Size: Status:,000 sq.ft. (5,0 sq.m.) arraged over 3 floors. Costructio uderway. Completio scheduled for Mid 20. Developer: British Lad ad Oxford Properties. Size: Status:,000,000 sq.ft. (2,02 sq.m.). Groud woks completed. Substatial pre-let sought. Developer: A cosortium led by Arab Ivestmets. Occupiers: AON has committed to a pre-let of circa 0,000 sq.ft. (,5 sq.m.). Balace beig developed speculatively.
TH PK HOUS AT, lodo, ec3 5 Moumet Place, C3 5 astcheap, C3 20 Fechurch Street, C3 Size: Status: 5,000 sq.ft. (, sq.m.) of Grade A office accommodatio icludig two retail uits. Speculative developmet uderway. Completio scheduled for summer 203. Developer: Rocksprig Property Ivestmet Maagers. Size: Status: 0,000 sq.ft. (,8 sq.m.). Plaig coset grated. Vacat possessio recetly obtaied. Developer: Freehold i the process of beig sold by the receiver. Size: Status: 20,000 sq.ft. (3,08 sq.m.). A resolutio to grat plaig coset has bee issued. Developer: Geerali. Greycoat Core appoited as developmet maager. - Moumet Street, - Fish Street Hill & Puddig Lae, C3 8 0 Mark Lae, C3 0 20 St Mary At Hill, C3 Size: Status: 20,000 sq.ft. (,8 sq.m.). Plaig coset grated. Developer: Leasehold iterest acquired by Skaska who are cosiderig their optios for the site i cojuctio with the freeholder. Size: Status: 5,000 sq.ft. (,25 sq.m.) arraged over 5 storeys. Plaig coset grated. Circa 85,000 sq.ft. pre-let to Miller. Developer: Mitsui Fudosa & Stahope. Size: Status: 8 bedroom hotel operated by Whitbread. Developmet uderway. Completio scheduled for 203. Developer: Beltae Asset Maagemet LLP. 0
CONNCTIVITY Trasport commuicatios are excellet. Coectivity / Jourey Times from Moumet Statio Proximity to Udergroud ad Mailie Coectios Source: www.tfl.gov.org. UON MINS KING S CROSS. PANCRAS 2 MINS TH peek house AT BAKR RT 2 MINS FARRINGDON 2 MINS OLD RT MINS TO LUTON/AND LIVRPOOL RT MINS Moumet Udergroud 50 metres District & Circle Hammersmith & City Norther via lik with Bak TO HATHROW 8 MINS BOND RT 5 MINS GRN PARK MINS VICTORIA 3 MINS Crossrail OXFORD CIRCUS MINS TOTTNHAM COURT ROAD 2 MINS CHARING CROSS MINS BLACKFRIARS MINS WATRLOO 0 MINS LICR SQUAR MINS MBANKMNT 8 MINS HOLBORN CHANCRY MINS LAN MINS CITY THAMSLINK MINS TMPL MINS CANNON RT MIN PAUL S MIN BANK 2 MINS MANSION HOUS 2 MINS MOORGAT MINS LONDON BRIDG MINS ALDGAT MINS TO CITY AIRPORT 2 MINS MONUMNT TOWR HILL 2 MINS TOWR GATWAY FNCHURCH 5 MINS RT MINS TO GATWICK MINS WHITCHAPL TO CANARY WHARF MINS Crossrail, the Govermet s flagship east-west rail lik, is scheduled to be operatioal i 208. Jourey times from Liverpool Street statio are as follows:- TH peek house AT Cetral Circle District Hammersmith & City Jubilee Metropolita Norther Waterloo & City DLR Thameslik Crossrail (Operatioal 208) Bak Udergroud 00 metres Cetral District via Moumet Circle via Moumet Metropolita Norther Docklads Light Railway (DLR) Caary Wharf ad Lodo City Airport. Fechurch Street Rail 500 metres Services to ssex & ast Aglia Lodo Bridge Udergroud 50 metres Norther Jubilee Rail Services to ssex, Cambridgeshire, Norfolk ad Suffolk. Gatwick ad Luto xpress rail services. Heathrow Airport 30 miutes TH peek house AT Farrigdo 2 miutes Stratford 8 miutes Liverpool Street Udergroud 800 metres Circle Hammersmith & City Metropolita Bakerloo Cetral Totteham Court Road 5 miutes Liverpool Street Caary Wharf miutes Rail Services to ssex, Cambridgeshire, Norfolk ad Suffolk. Stasted xpress rail service.
20 fechurch street TH WALKI-TALKI UNDR CONRUCTION TH PK HOUS AT MARY AT HILL ACHAP LOVAT LAN
TH AT OVRVIW The state comprises four adjoiig self-cotaied office ad retail buildigs. Peek House, 20 astcheap & Aex Block Key Statistics Floor area 35,32 sq.ft. % of estate s floor area 2.2% Ret reserved 85, pax Average office ret 22.5 per sq.ft. The property takes its ame from Peek Brothers & Co (pre-emiet tea, coffee ad spice traders) who recostructed the buildig i its curret form i 8. Peek House has frotages to astcheap, Lovat Lae ad St Mary At Hill. Access to the office accommodatio is via a well proportioed etrace frotig astcheap. The buildig provides:- 25,85 sq.ft. of office ad acillary accommodatio arraged over basemet, part groud ad four upper floors. 5,2 sq.ft. of retail floorspace frotig oto astcheap.,3 sq.ft. of A3 accommodatio at basemet level tradig as Jamies Wie Bar. This is accessed from St Mary At Hill. There is a iterlikig Aex Block (icluded withi the aforemetioed floor areas) located at the rear of the property overlookig St Mary At Hill Church. 3 LOVAT LAN 3 20 ACHAP 28 22 to 2 2 MARY AT HILL The office ameities geerally iclude:- A eight-perso passeger lift servig all floors. Geerous floor to ceilig heights. xcellet levels of atural daylight from four elevatios. Solid floors with perimeter trukig. Mieral fibre suspeded ceiligs with recessed light fittigs. Gas fired cetral heatig. Timber sash widows. Male ad female WC facilities o each floor. Certai office suites icorporate ceilig mouted air coditioig uits. St Mary at Hill 3
Peek House
22-28 astcheap / St Mary At Hill Key Statistics Floor area,332 sq.ft. % of estate s floor area.2% Ret reserved,35 pax Average office ret 2.8 per sq.ft. Situated o the orth east corer of the state with frotages to astcheap ad St Mary At Hill. The property was developed i the late 80 s ad is arraged over a sub-basemet, basemet, groud ad five upper floors. It has stoe clad facades with orate decoratio. The buildig provides:-,85 sq.ft. of office accommodatio arraged over first to fifth floors. 5 sq.ft. of retail floorspace frotig astcheap ad St Mary At Hill. 3,8 sq.ft. (Gross Iteral Area) of A3 accommodatio located at basemet ad sub-basemet levels. This uit is curretly vacat ad uder offer to a restaurateur. The offices are accessed via a groud floor receptio frotig oto astcheap. The office floorplates are typically circa,000 sq.ft. with excellet levels of atural daylight from two elevatios. 3 LOVAT LAN 3 20 St Mary at Hill ACHAP 28 22 to 28 2 MARY AT HILL The office ameities iclude:- A eight-perso passeger lift. Uder floor trukig. A air coolig / hadlig system. Mieral fibre suspeded ceiligs with recessed light fittigs. Colum free floorplates. UPVC widows. Male ad female WC facilities alterate betwee ladigs. The groud floor retail uit is occupied by a getlema s barber. The A3 accommodatio is accessed via a etrace from St Mary At Hill ad is arraged over basemet ad sub-basemet levels. The uit provides ope pla bar ad diig fitted out i a traditioal style with paelled walls. There is uder pavemet cellarage ad a small kitche area. The sub-basemet is arraged i a similar fashio but accommodates the mai kitche. ach floor has WC s. 5
22-28 astcheap
3 3 3 - St Mary At Hill 3 Lovat Lae Key Statistics Floor area,52 sq.ft. % of estate s floor area 3.0% Ret reserved 3,02 pax Average office ret 23.3 per sq.ft. Key Statistics Floor area 0,0 sq.ft. % of estate s floor area.5% Ret reserved,5 pax Average office ret 8.55 per sq.ft. Situated o the south east corer of the state overlookig St Mary At Hill Churchyard. The buildig dates from 83 ad is of yellow ad red brick costructio with Portlad stoe ad grey graite. The property is arraged over four storeys with typical floorplates of circa 500 sq.ft. Ameities iclude:- Good levels of atural daylight from two elevatios. Male ad female WC facilities alterate betwee ladigs. Gas fired cetral heatig. Sprug timber floors. Plaster fiished ceiligs. The buildig provides:- 5,2 sq.ft. of office accommodatio arraged over secod, third ad fourth floors.,2 sq.ft. of restaurat accommodatio at basemet, groud ad first floors. The offices are accessed via a self-cotaied etrace with a itercom etry system. The offices comprise highly desirable lofts with excellet levels of atural daylight ad a wealth of period features icludig; exposed brickwork, timber joists ad load bearig iromogery. All office suites are air coditioed via ceilig mouted fa coil uits. WC s are demised to the teats. The restaurat is occupied by TK s, a popular Fraco / Italia bistro which has traded for may years. The basemet houses the kitches. Diig is at groud ad first floors together with exteral seatig alog Lovat Lae overlookig the Wre church of St Mary At Hill. ACHAP ACHAP LOVAT LAN 20 28 22 to 2 MARY AT HILL LOVAT LAN 20 28 22 to 2 MARY AT HILL 3 3 St Mary at Hill St Mary at Hill
3 Lovat Lae
- St Mary At Hill is Grade II listed. Curret legislatio stipulates that this buildig is exempt from empty rates liabilities. GORG'S LA Botolph House The state is situated withi the astcheap ad Lovat Lae Coservatio Areas. Bak 25 l Brabat Taer's Brabat Court Hall Platatio Court Platatio BP St Margaret Pattes ACCOMMODATION BP 5 TNUR Church BP Taer's The lettable floor areas, refereced by Armada Surveys, are as follows:- Freehold. Hall Taer's BP PROPRTY US Peek House & Aex Block, 20 astcheap, - St Mary At Hill ad 3 Lovat Lae are held Taer's Hall S ARA (SQ.FT.) ARA (SQ.M.) uder a sigle title. 22-28 astcheap / St Mary At Hill is held uder a separate title. Hall Platatio BP Peek House & Aex Block Offices & Acillary 25,85 2,02.35 5 The area shaded grey o the title pla demotes basemet St Margaret vaults formig Platatio part of the Bakig Hall / Retail / Wie Bar 0,03 8 35.58 PO Peek House curtilage. St Margaret Pattes 35,32 3,33. 5 22-28 astcheap & St Mary At Hill Offices,85 52.8 Pattes Church Retail 5 / Wie Bar,5.0 The areas show cross-hatched are Church subject to restrictive coveats cotaied i a,332 8. coveyace dated /0/5. The followig restrictios apply:- - St Mary At Hill Offices,52 8.3 3 Lovat Lae Offices 5,2 538.08 BP Use as place of amusemet, hotel, taver, i or public house. Restaurat,2 3.3 BP The sale of alcohol. 0,0 35.3 8 PO Ay use which might depreciate the value of the eighbourig / adjoiig BP property, TOTAL OFFICS / ANCILLAry 38,8 3,5. amely The Church ad its curtilage. TOTAL RTAIL / RAURANT / WIN BAr 8 8,80 PO BP,.2 AGGRGAT 8 PO 5,285 5,32. Peek House, 20 astcheap ad Aex Block - St Mary At Hill 22-28 astcheap 3 Lovat Lae St Mary at Hill PLANNING 2.m Church ak GORG'S LA Botolph House Bak St Beet's Pl 25 8 BPs TCBs PH BPs ak 3 8 BPs TCBs PH 2 0 BOTOLPH LAN 2 to 3 BPs 3 3 0 3 to 38 Oe Tree Yard 2 ak MO 2 2 0 0 0 BOTOLPH LAN 2 to 3 3 0 3 to 38 Oe Tree Yard 2 Botolph Alley 3 Octave House 0 to 3 GORG'S LA to 8 Botolph House Bak 25 8.0m BPs TCBs 2 0 0 Botolph Alley 3 Octave 5 3 2 to 8 St Mary at Hill St Mary 2.mat Hill Church 2.m Oe Tree Church Yard 8 to PHILPOT LAN 3 23 5 Lovat Lae 2 23 3 25 House 0 to 3 to 8 3 2 25 ak 2 LOVAT LAN 2 2 28 3 3.0m 8 to PHILPOT LAN 3 23 3 GORG'S LA Botolph House Bak 25 MONU 8 2 0 Lovat Lae 2 23 33 BPs TCBs BOTOLPH LAN 2 to 3 25 35 3 2 25 PH 20 0 3 to 38 2 LOVAT LAN to 5 3 2 2 2 3 to 3 28 0 0 8 3 3 3 Botolph Alley 3 Octave House 33 ACHAP 2 35 to 5 3 8 St Mary at Hill Oe 2.m Tree Church Yard 0.2m 0 LOVAT LAN 3 3 22 to 28 2 20 MARY AT HILL ACHAP 28 22 to 28 2 MARY AT HILL 30 3 Cycle Hire Statio For idicative purposes oly. This pla is based upo the Ordace Survey map with the sactio of the cotroller of H.M. Statioary Office. Crow copyright reserved. 0.2m to 8 0 MONU 2 0 28 to 5 20 Botolph Alley 3 Octave House 22 to 28 0 to 3 2 BOTOLPH LAN.0m 2 to 3 3 23 8 to 3 to 3 3 ACHAP 5 0 3 to 38 Lovat Lae 2 23 2 25 3 MARY AT HILL 2 25 2 LOVAT LAN 2 2 28 2 28 0 32 ROOD LAN 0 30 3 Octave Botolph Alley House 0 to 3 to 8 DUNAN'S LAN 3 3 3 33 3.0m 32 ROOD LAN 30 Cycle Hire Statio 0 2 3 IDOL LAN DUNAN'S LAN 5 3 5 5 3 3 3 3 3 5 5 Cycle Hire Statio 0 2 3 St Mary at Hill 2.m Church 8 to PHILPOT LAN 3 23 35 to 5 20 to Lovat Lae 2 23 3 to 3 25 0 ACHAP 2 25 8 2 LOVAT LAN 2 2 28 0.2m 28 3 33 22 to 28 2 IDOL LAN Udergroud Railway St Dusta's Alley All Hallows House 0.2m All Hallows House to 5.2m 35 20 MARY AT HILL 5 Udergroud Railway to 3 to 3 8 St Dusta's Alley 0 ACHAP 32 ROO St Dusta i the ast Ch 30 28 22 to 28 3 3 5 2 Cycle Hire Statio MARY AT HILL DUNAN'S LAN.2m St Dusta i the ast Church Garde 0 2 3 32 ROOD LAN IDOL LAN 30 DUNAN'S LAN
TH PK HOUS AT, lodo, ec3 TNANCIS SRVIC CHARG The state is let by way of thirty-ie occupatioal leases, draw o effective full repairig ad isurig terms, i accordace with the teacy schedules set out overleaf. The aggregate ret reserved is,23,53 () per aum exclusive, of which 3,0 per aum (represetig approximately 35% of the total icome) is derived from six retail uits. The office ret equates to 2. per sq.ft. overall ad provides excellet scope for growth ad capital appreciatio. We would draw your attetio to the followig:- The largest office teat accouts for 0% of the ret reserved ad the five largest teats thereafter collectively accout for 8%. With thirty-ie occupatioal leases the state provides cosiderable diversificatio. As at 2/0/202 the weighted average uexpired lease term is 3.50 years to the earlier of lease expiry or determiatio. Less tha.50% of the office accommodatio is curretly vacat. Service charge is allocated o a buildig by buildig basis ad varies accordig to the level of service provided. Peek House (excludig Peek House Aex) carried a service charge equivalet to.30 per sq.ft. for the year eded September 20. Further iformatio ca be provided upo request. DVLOPMNT POTNTIAL Subject to obtaiig the ecessary approvals we believe that Peek House Aex Block, - St Mary At Hill ad 3 Lovat Lae would suit a coversio to residetial use / serviced apartmets. The state s cofiguratio ad lease profile could eable either a phased refurbishmet to be udertake or a more comprehesive developmet programme. The latter could iclude relocatig the mai lift ad service core to withi the cetral lightwell of Peek House, subject to obtaiig the ecessary cosets. All of the office leases are excluded from the 5 Act. This provides a high degree of ladlord cotrol with regards to actively maagig the properties. Vacat possessio of 23,000 sq.ft. could be obtaied withi the ext two years. The bakig hall located o the corer of astcheap & Lovat Lae is beig vacated. A opportuity exists to attract a major ew occupier with immediate effect. () Net ret reserved assumig that ret top up s are provided i respect of vacat floorspace. 20
peek house, 20 eastcheap TNANT floor US ARA LAS LAS NXT RNT PASSING RNT COMMNTS (SQ.FT.) ART DAT XPIRY DAT RVIW DAT RNT ( PA) ( P.S.F) R Weaver, A Wollasto, C Sutcliffe, Part Fourth Offices 2,3 25/03/200 2/03/205-0,000. D Alcock t/a Newto Perkis Sub Basemet Storage 0 0.00 Steel Busiess Briefig Ltd Part Fourth Offices,35 0/08/2008 3/0/203 -,3 28.5 BW Carbo Ltd Third (West) Offices,55 /03/20 0/03/203-30,000.3 Marsh Hammod Ltd Third (North) Offices,3 0/05/200 05/05/205-25,000 8.20 Peek House Maagemet Ltd Third (ast) Offices, /05/200 8/05/20 /05/20 38, 22.23 Steel Busiess Briefig Ltd Secod (West) Offices 2, 0/08/2008 3/0/203-82,0 2.80 Yellowblox.com Ltd Secod (ast Suite ) Offices 3 0/08/200 2/2/203 -,023 22.0 Shestoe Gree Ltd Secod (ast Suite 2) Offices 33 22/0/202 2/0/203-3,800 3.8 CR Mierals Plc Secod (ast Suite 3) Offices 30 0/02/20 0/02/20-0,88 2. Baerma Redell Ltd First (West) Offices 3,038 0/0/200 3/03/20-2,50 8.5 Sub Basemet Storage 55 0.00 Teat s optio to determie as at 2/0/203 upo servig six moths otice. Teat receives a ret free period from 25/2/203 util 2/0/20. Ladlord s optio to determie for redevelopmet as at 2/2/203 upo servig ie moths otice. Iitial service charge i respect of the office accommodatio capped at 22,3 per aum ( 8.0 per sq.ft.) risig aually i lie with RPI. Ladlord holds a deposit of 8,50. Sub-let to Christopher Pool (t/a Temple Bar Asset Maagemet). Ladlord holds a deposit of,000. Ladlord holds a deposit of,250. Lease held o assigmet from The Britaia Steam Ship Isurace Associatio Ltd. The Members of the Iteratioal Group of Protectio ad Idemity Associatios act as surety. Iitial service charge capped at,53 per aum (.50 per sq.ft.) risig aually i lie with RPI. Ladlord holds a deposit 0,03. Ladlord holds a deposit of 20,0. Sub-let to Compliat Phoes Ltd. Ladlord holds a deposit of,0. Mutual optio to determie as at 25/2/203 upo servig three moths otice. Ladlord holds a deposit of 3,20. Mutual optio to determie as at 25/2/203 upo servig six moths otice. Teat receives a ret free period of oe moth if the optio to determie is ot exercised. Ladlord holds a deposit of 20,. 2
TH PK HOUS AT, lodo, ec3 TNANT floor US ARA LAS LAS NXT RNT PASSING RNT COMMNTS (SQ.FT.) ART DAT XPIRY DAT RVIW DAT RNT ( PA) ( P.S.F) Commodity Search Parters Ltd First (ast) Offices,50 2/08/200 /08/205-3,25 2.8 Koricis Group Ltd Groud (ast) Offices,52 0/0/202 3/08/20-3,250 23.5 Vieco Ltd Groud (North) Retail 58 03/03/20 02/03/202 03/03/20 5,000.05 t/a La Bottega Del Cafe Vacat Groud (West) Bakig Hall 3,8 - - - 80,0 0.00 Part Basemet Acillary,25 20.00 Koricis Group Ltd Part Basemet Wie Bar,3 20/08/20 /08/203 20/08/20 0,000.0 t/a Jamies Wie Bar & Restaurat SM Thompso, CF Yates Sub Basemet Storage 55 2/0/200 2/2/203 -,500 8.05 ad GJ Stewart Artillery Property Services Ltd Sub Basemet Storage 08 8//200 //20-2,000.0 Hamptos Iteratioal Sub Basemet Storage 0 25/0/200 2/2/203-8,0.3 Mortgages Ltd Teat s optio to determie as at 2/2/203 upo servig six moths otice. Teat receives a ret free period of four moths if the optio to determie is ot exercised. Ladlord s optio to determie for redevelopmet as at 2/2/203 upo servig six moths otice. Iitial service charge capped at 5,20 per aum (.00 per sq.ft.) risig aually i lie with RPI. Lease subject to a schedule of coditio. Ladlord holds a deposit of 20,32. Ret commeces o 30//202. Teat receives a ret free period from 0/0/203 util 3//203 together with a ret free period of oe moth commecig o 0/0/20, 205 & 20. Ladlord s rollig optio to determie for redevelopmet with effect from 0/0/205 upo servig six moths otice Ret commeces o 03/0/20. Ladlord s rollig optio to determie for redevelopmet with effect from 0/0/203 upo servig six moths otice. Ladlord obligated to pay teat compesatio of 0,000 + VAT if the optio to determie is exercised prior to 03/03/20. Ladlord holds a deposit of 22,500. Curretly occupied by HSBC by way of a short term arragemet. Vedor to provide a twelve moth ret top up. Teat receives a three moth ret free period commecig 20/08/203. Ladlord s rollig optio to determie for redevelopmet with effect from 25/03/203 upo servig six moths otice. If the ladlord determies the lease it is obligated to pay teat compesatio equivalet to six moths ret. Measured o a Gross Iteral Area (GIA) basis. Iside 5 Act. Iitial service charge capped at 5.80 per sq.ft. risig aually i lie with RPI. Lease subject to a schedule of coditio. Mutual optio to determie as at 25/2/203 upo servig six moths otice. Teat s optio to determie at ay time upo servig six moths otice. Ladlord holds a deposit of 2,2. Ret iclusive of service charge. TOTAL OFFIC & ANCILLARY 22,55 5,8 TOTAL RTAIL & BANKING HALL 0,03 25,0 AGGRGAT 32,2,358
peek house, 20 eastcheap ANNX BLOCK TNANT floor US ARA LAS LAS NXT RNT PASSING RNT COMMNTS (SQ.FT.) ART DAT XPIRY DAT RVIW DAT RNT ( PA) ( P.S.F) JPC Chaucy & PF Crowley Fourth Offices 555 25/2/200 2/2/200 -,50.5 t/a Chaucy & Co Solicitors JPC Chaucy & PF Crowley Third Offices 523 25/2/200 2/2/200-2,800 2. t/a Chaucy & Co Solicitors Heller & Associates Ltd Secod (West) Offices 55 25/2/200 2/2/203-8,88 30. Sub Basemet Storage 20 0.00 fficacy Ltd Secod (ast) Offices 23 25/0/20 2/0/20-8,500. First (ast) Offices 2 Appraisal & Valuatio First (West) Offices 2//200 2//20 -,55 22.05 Cosultats Ltd Curtis Reed Associates Ltd Part Groud Offices 28 2//200 23//20 -,50 2.22 quijust Ltd Sub Basemet Storage 5 30//200 2//202-5 0. Iitial service charge capped at 8.00 per sq.ft. risig aually i lie with RPI. Demise icludes secod floor accommodatio at - St Mary At Hill. Ladlord s rollig optio to determie with effect from 2/2/202 upo servig six moths otice. Service charge capped at the level icurred durig the year edig 08/0/20 (figure awaited) risig aually i lie with RPI thereafter. Service charge capped at 0,000 per aum ( 3.00 per sq.ft.) risig aually i lie with RPI. Ladlord holds a deposit of 3,0. Ladlord holds a deposit of,8. TOTAL 3,308 83,8 23
22-28 ACHAP / MARY AT HILL TH PK HOUS AT, lodo, ec3 TNANT floor US ARA LAS LAS NXT RNT PASSING RNT COMMNTS (SQ.FT.) ART DAT XPIRY DAT RVIW DAT RNT ( PA) ( P.S.F) Igehaag LLP Fifth Offices 85 2/0/202 2/0/20-2,500 25.0 Taylor James Resourcig Ltd Fourth Offices,020 2/0/202 2/0/20-23,50 23.28 Square Cosultig Ltd Third Offices,003 2/0/202 2/0/20-2,85 2.80 Fuji Iteratioal Isurace Secod Offices 0/0/202 23/0/203-2,000 2.03 Compay Ltd Iko Cosultacy Ltd First Offices 0/0/202 30/0/20-25,250 25.35 rdal Hatisaru & Faruk Barak Groud Retail 5 /0/202 /0/20 /0/20 38,000. t/a Golde Scissors Uder offer - cofidetial Basemet Wie Bar,80 - - - 0,000 0.3 Sub Basemet Wie Bar 2,02 Teat s optio to determie as at 2/0/20 upo servig six moths otice. Iitial service charge capped at,0 per aum (.00 per sq.ft.) risig aually i lie with RPI. Teat s optio to determie as at 23/0/20 upo servig six moths otice. Iitial service charge capped at 8,550 per aum ( 8.38 per sq.ft.) risig aually i lie with RPI. The teat receives a ret free period from 2/0/202 util 28//202. Teat s optio to determie as at 23/0/20 upo servig six moths otice. Iitial service charge capped at 8,5 per aum ( 8. per sq.ft.) risig aually i lie with RPI. Service charge capped at 0,30 per aum ( 0.35 per sq.ft.). Lease subject to a schedule of coditio. Teat s optio to determie as at 0/0/203 ad 0/0/20 upo servig six moths otice. Teat receives a ret free period of two moths if the 203 optio to determie is ot exercised ad a oe moth ret free period if the 20 optio is ot exercised. Iitial service charge capped at,00 per aum risig aually i lie with RPI. Lease subject to a schedule of coditio. Iside 5 Act. ITZA sq.ft. Vedor to provide a twelve moth ret top up. Measured o Gross Iteral Area (GIA) basis. TOTAL OFFICS,85 2,35 TOTAL RTAIL,5 8,000 AGGRGAT,332,35 2 20
- MARY AT HILL TNANT floor US ARA LAS LAS NXT RNT PASSING RNT COMMNTS (SQ.FT.) ART DAT XPIRY DAT RVIW DAT RNT ( PA) ( P.S.F) Vacat Third Offices 523 - - - 0,0 20.00 fficacy Ltd Secod Offices 5 25/0/20 2/0/20 - - - Heller & Associates Ltd First Offices 5 25/2/200 2/2/203 -,02 22.8 Couch & Hoski Ltd Groud Offices 02 2/0/200 23/0/205-2,000 2.85 Vedor to provide a twelve moth ret top up. Demised with the lease of the first ad secod floors of Peek House Aex. Iitial service charge capped at 8.00 per sq.ft.risig aually i lie with RPI. Lease draw o iteral repairig ad isurig terms. Lease subject to a schedule of coditio. TOTAL,52 3,02 25
3 lovat lae TH PK HOUS AT, lodo, ec3 TNANT floor US ARA LAS LAS NXT RNT PASSING RNT COMMNTS (SQ.FT.) ART DAT XPIRY DAT RVIW DAT RNT ( PA) ( P.S.F) Ifospectrum Ltd Fifth Offices,50 /0/20 0/0/20-2,350.5 Boydegroup LLP Fourth Offices, 0/0/200 03/0/20-23,00.23 quijust Ltd Third Offices,38 30//200 2//202-38,0 2.3 Laer Capital Ltd Secod Offices,2 //200 8//202 -,000.2 Belado s Ltd First Restaurat / Kitche,3 2/0/200 23/0/202 25/03/20 5,500 3. t/a TK s Restaurat Groud Restaurat,28 Brasserie & Bar Basemet Restaurat / Acillary,52 Teat s optio to determie at six mothly itervals thereafter (for a period of two years) upo servig six moths otice. Service charge capped at,50 per aum ( 5.0 per sq.ft.) risig aually i lie with RPI. Lease subject to a schedule of coditio. Mutual optio to determie as at 25/2/203 upo servig six moths otice. Ladlord holds a deposit of 5,850. Ladlord holds a deposit of,. Iitial service charge capped at,50 per aum ( 5.00 per sq.ft.) risig aually i lie with RPI. Lease subject to a schedule of coditio. Ladlord holds a deposit of 5,58. Iside 5 Act. The 20 ret review has ot bee iitiated. Measured o Gross Iteral Area (GIA) basis. TOTAL OFFICS 5,2 0,5 TOTAL RAURANT,2 5,500 AGGRGAT 0,0,5 AT TOTAL ARA (SQ.FT.) PASSING RNT ( PA) AT TOTAL 5,505,23,53 2
floor plas state Compositio - Groud Floor OFFIC - MARY AT HILL MARY AT HILL NTRANC NC TO A3 UNIT PK HOUS ANNX A VACANT BANKING HALL 3 LOVAT LAN TK S RAURANT LOVAT LAN N V VACANT BANKING HALL OFFIC PK HOUS AND ANNX BLOCK WC OFFIC NTRANC NTRANC NTRANC TO A3 UNIT LIFT 22-28 ACHAP LIFT RTAIL GOLDN SCISSORS 22-28 ACHAP RCPTION RTAIL LA BOTTGA DL CAFF PK HOUS RCPTION VACANT BANKING HALL For idicative purposes oly. Not to scale. ACHAP 2
TH PK HOUS AT, lodo, ec3 Groud Floor Typical Upper Floor PK HOUS AT TYPICAL UPPR FLOOR - MARY AT HILL OFFIC CHURCHYARD OFFIC WC MARY AT HILL NTRANC TO A3 UNIT PK HOUS ANNX A VACANT BANKING HALL VACANT BANKING HALL TK S RAURANT LOVAT LAN MARY AT HILL ANNX A ANNX W FIR DOOR OFFIC LOVAT LAN OFFIC WC OFFIC NTRANC NTRANC OFFIC WC WC NTRANC TO A3 UNIT LIFT LIFT RTAIL GOLDN SCISSORS LIFT 22-28 ACHAP RCPTION RTAIL LA BOTTGA DL CAFF PK HOUS RCPTION VACANT BANKING HALL OFFIC WC LIFT OFFIC OFFIC ACHAP ACHAP 28
CAPITAL ALLOWANCS FURTHR INFORMATION No capital allowaces are available. Please cotact the Vedor s joit sole agets:- VAT The properties are elected for VAT. PROPOSAL Offers i excess of 8,000,000 are ivited, subject to cotract, for the freehold iterests. Assumig purchaser s costs of 5.80% this would idicate:- A et iitial of circa.50%. () A capitalised cost of circa 330 per sq.ft. overall or 20 per sq.ft. i respect of the office accommodatio whe capitalisig the retail icome at 5.50%. HALL KMP LLP 3-3 Lime Street Lodo C3M AY Douglas Hall Tel: + (0)20 00 5555 douglas.hall@hallkemp.com Newto Perkis LLP 20 astcheap Lodo C3M NP Joatha Beili Tel: + (0)20 5 02 jb@ewtoperkis.com () Net ret reserved / et iitial yield assumig that ret top up s are provided where accommodatio is vacat ad / or subject to cotractual ret free periods. Chris Sutcliffe Tel: + (0)20 5 00 crs@ewtoperkis.com 2
TH PK HOUS AT, lodo, ec3 PC S Peek House, 20 astcheap ad Aex Block 22-28 astcheap / St Mary At Hill - St Mary At Hill 3 Lovat Lae 3
TH PK HOUS AT LONDON, C3 MISRPRSNTATION ACT Hall Kemp LLP ad Newto Perkis LLP for themselves ad the vedor(s) of this property give otice to ayoe who read these particulars as follows:- These particulars are prepared for the guidace oly of prospective purchasers. They are iteded to give fair overall descriptio of the property but are ot iteded to costitute part of a offer or cotract. 2 Ay iformatio cotaied herei (whether i the text, plas or photographs) is give i good faith but should ot be relied upo as beig a statemet or represetatio of fact. 3 Nothig i these particulars shall be deemed to be a statemet that the property is i good coditios or otherwise or that ay services or facilities are i good workig order. The photographs appearig i this brochure show oly certai parts of the property at the time whe the photographs were take. Certai aspects may have chaged sice the photographs were take ad it should ot be assumed that the property remais precisely as displayed i the photographs. Further, o assumptios should be made i respect of parts of the property which are ot show i the photographs. 5 Ay areas, measuremets or distaces referred to herei are approximate oly. Where there is referece i these particulars to the fact that alteratios have bee carried out or that a particular use is made of ay part of the property this is ot iteded to be a statemet that ay ecessary plaig, buildig regulatios or other cosets have bee obtaied ad these matters must be verified by a itedig purchaser. Descriptios of a property are ievitably subjective ad the descriptios cotaied herei are i good faith as a opiio ad ot by way of statemet of fact. 8 Ay itedig purchaser should satisfy themselves as to the presece of ay deleterious materials that may exist, or have bee used i the costructio of the property. The vedor provides o warraty as to the precise locatio of the boudaries of the property. PROPRTY MISDSCRIPTION ACT These details are believed to be correct at the time of compilatio but may be subject to subsequet amedmet. October 202.