TWELVE DOVER STREET MAYFAIR LONDON
TWELVE DOVER STREET OFFERS OVER 3,250 SQ FT OF BRAND NEW RETAIL SPACE BEHIND A REDEVELOPED PERIOD FAÇADE IN THE CENTRE OF LONDON S LUXURY QUARTER Dover Street is notable for its Georgian architecture as well as the location of historic London clubs and hotels, which have been frequented by world leaders and historic figures in the Arts. It has become synonymous with luxury retail and also hosts a number exclusive restaurants, boutique hotels, private members clubs and contemporary art galleries.
BAGATELLE RESTAURANT DOVER STREET IS HOME TO AN ECLECTIC ARRAY OF LUXURY RETAIL, GALLERIES AND RESTAURANTS DOVER STREET IS ESTABLISHED AS A VIBRANT RETAIL DESTINATION FOR CONTEMPORARY LUXURY BRANDS. Dover Street offers a mix of contemporary and old-world sophistication some of these include the Victoria Beckham flagship store; new concept-led luxury fashion brand Varana; Galerie Thaddaeus Ropac; and the Aston Martin showroom, which are complimented by a world-class dining offer nearby including Bagatelle's London debut at 34 Dover Street, Novikov, Nobu, Park Chinois and Isabel Mayfair.
REGENT STREET PICCADILLY CIRCUS NEW BOND STREET PICCADILLY THE RITZ GREEN PARK GREEN PARK BERKELEY SQUARE Dover Street runs north from Piccadilly into Mayfair and is bordered by Albemarle Street to the east and Berkeley Street to the west.
HYDE PARK MARBLE ARCH 8 5 HYDE PARK CORNER 5 9 OXFORD STREE T BOND STREET 6 BOND STREET HANOVER ELIZABETH LINE SQUARE 6 (2018) 7 BROOK STREET 3 GROSVENOR CLARIDGE S SQUARE 10 PICC ADILLY 7 GROSVENOR STREET 3 13 4 6 GREEN PARK GREEN PARK 9 BERKELEY SQUARE 14 BERKELEY ST BUCKINGHAM PALACE BRUTON ST 11 15 8 THE RITZ 4 1 DOVER ST 2 11 2 16 NEW BOND STREET OLD BOND ST 17 2 15 18 1 9 13 10 14 ST GEORGE ST SAVILE ROW 12 8 CONDUIT ST ROYAL ACADEMY 7 THE MALL ST JAMES S PARK OXFORD CIRCUS REGEN T S T R EE T 10 4 GOLDEN SQUARE ST JAMES S SQUARE 12 CARNABY ST 1 14 3 PICCADILLY CIRCUS 11 5 13 12 15 RIVER THAMES OFFICES 1 Apax Partners 2 Artemis Investment 3 BAE Systems 4 Blackstone Group 5 BP 6 Caxton 7 Credit Suisse 8 Davidson Kempner 9 Elliott Advisors 10 GAM 1 1 HSBC Private Bank 12 IoD GREEN PARK 13 Lansdowne Partners 14 Rio Tinto 15 The Carlyle Group Travel time mins Victoria 1 King s Cross-St Pancras 6 Eurostar International Bond Street with access to 2 Bond Street Elizabeth Line (2018) Waterloo 4 London Bridge 7 Canary Wharf (DLR) 13 Heathrow Airport 49 WELL CONNECTED Twelve Dover Street is only a few minutes walk to Green Park station, providing access through the Jubilee, Victoria and Piccadilly Lines. The area s connectivity will be enhanced further on the completion of Crossrail. Crossrail opens in Dec 2018 and is due to be fully operational by Dec 2019. It will halve travel time to the West End by linking it to Canary Wharf in c.12 minutes, Stratford in c.15 minutes and Heathrow Airport in less than 30 minutes. There are a number of flagship retail stores in the vicinity of the subject property including Victoria Beckham, Holly Hunt, Varana and Aston Martin. The area is also renowned for art galleries such as David Zwirner, Marlborough Fine Art, Rossi & Rossi and Galerie Thaddaeus Ropac. RESTAURANTS 1 Café Murano 2 Caviar House & Prunier 3 Cipriani 4 Le Caprice 5 Le Gavroche 6 Maze 7 Fera 8 Nobu Berkeley Street 9 Sake no Hana 10 Scott s 1 1 Sexy Fish 12 Sketch 13 The Avenue 14 The Ritz 15 Park Chinois HOTELS & CLUBS 1 Arts Club 2 Brown s Hotel 3 Claridge s 4 The Army & Navy Club 5 The Athenaeum 6 The Beaumont 7 The Connaught 8 The Dorchester 9 The Dunhill Club 10 The East India Club 1 1 The In & Out Club 12 The Royal Automobile Club 13 The Travellers Club 14 The Westbury 15 White s Club 16 The Grand 17 The Wolseley 18 Wiltons
Twelve Dover Street is prominently situated in the prime section of Dover Street opposite the iconic Dover Street Arts Club originally founded by Charles Dickens and others in 1863. The Arts Club London boasts one of the largest art markets in the world and is an important location for international art galleries. There has been a recent trend in new international galleries making their London debut with Mayfair remaining the traditional heartland for artists and galleries. Dover Street is an established gallery location evident by the recent opening by Thaddaeus Ropac in Ely House, a historic Mayfair mansion, where he will showcase the works of more than 60 major artists.
Dover Street is the ideal location to create experiential retail and for global players to showcase their brand. International shoppers have boosted sales figures as they continue to be attracted to the West End by the post-brexit decline in the value of sterling. Royal Arcade
International demand in the Mayfair district has gone from strength to strength in 2017 with sales to non-eu tourists up 28% between July and August. Sales to Chinese tourists have increased by 59% over the period. American, Indian and Russian shoppers have also flocked to the West End stores. Source: NWEC
The London Private Members Club scene is arguably the most prestigious in the world. In addition to The Arts Club which is located opposite 12 Dover Street, Annabel s, Morton s, The Lansdowne and 5 Hertford Street are located close by. Mayfair also boasts a world renowned luxury hotel market synonymous with a top class hospitality experience. There are numerous establishments in the vicinity including Brown s Hotel, The Ritz, The Wolseley and The May Fair Hotel.
Indicative staircase where soft spot has been created Indicative staircase where soft spot has been created DOVER STREET G R O U N D FLO O R SA LES (A p p rox N IA) 1,7 17 SQ F T 1 59. 50 SQ M BA S E M EN T SA LES / A N CI LL A RY (A p p rox N IA) 1, 5 4 4 SQ F T 143.40 SQ M Plans not to scale. For indicative purpose only.
SPECIFICATION TERMS HANDOVER CONDITION The building has been totally redeveloped behind a retained façade with the retail space being delivered to a shell specification with capped off services. A detailed retail specification document is available on request. Finished floor level to soffit height generally 3.625m at ground floor and 3.056m at basement level Reinforced concrete slab with levelling compound finish with retail imposed loading of 400 kg/m 2 Painted timber shopfront with clear glass double glazed panel to door and clear double glazed shopfront with bronze ironmongery Capped-off electricity and water services Capacities for water and electricity are as follows. ELECTRICAL SERVICES Ground Floor and Basement will both have the following: 70kVa allocation Dedicated 100A TPN supply from retained existing Ryefield distribution board WATER SERVICE Stand-alone capped supply to retail unit, terminated at incoming location in the basement vaults area Tenant application necessary for service The property is available by way of a new effectively full repairing and insuring lease for a term of 10 years subject to an upward only rent review to market rent at the end of the 5th year of term. The lease is to be contracted outside of the security of tenure provisions of the Landlord & Tenant Act 1954 (as amended). RENT Quoting terms are available upon request. USE The property benefits from retail use within Class A1 of the Town & Country Planning (Use Classes) Order 1987. Other high quality uses such as art galleries and luxury car showrooms will be considered. BUSINESS RATES To be re-assessed following completion of the landlord s redevelopment works. EPC Available upon request TIMING Handover of the retail unit is expected in Q4 2018.
PAUL SOUBER paul.souber@colliers.com 020 7344 6870 PETER FLINT peter.flint@colliers.com 020 7344 6596 Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. (March 2018) Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England and Wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA. siren +44 (0)20 7478 8300 sirendesign.co.uk S09524
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