RARE FREEHOLD OPPORTUNITY OF INTEREST TO OWNER OCCUPIERS / INVESTORS / DEVELOPERS KING S CROSS, LONDON WC1X 8UE

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1 OF INTEREST TO OWNER OCCUPIERS / INVESTORS / DEVELOPERS

2 INVESTMENT SUMMARY 2 n Prime characterful 1950 s building within short walk of King s Cross n The building provides predominantly B1(a) office accommodation totalling 9,829 Ft² ( M²) approx over ground and three upper floors n Generous roof terrace spanning full length of the building n The building will be sold with the benefit of vacant possession or alternatively can be sold with income as the building is currently operated as a serviced office centre, further information available upon request n Of interest to owner occupiers / investors / developers n Offers potential to add an additional floor and explore the possibility of alternative uses, subject to planning. n Freehold n Offers are sought in excess of 6,000,000 ( 610 /Ft²) +VAT

3 AERIAL VIEW 3 CHANCERY LANE FARRINGDON HOLBORN CORAM S FIELDS GRAY S INN ROAD REGENT QUARTER ST PANCRAS INTERNATIONAL BRITISH LIBRARY KING S CROSS

4 LOCATION 4 The property is brilliantly situated half way up the Gray s Inn Road, which is approximately a 5 minute walk to Chancery Lane and also to King s Cross Stations. The area around King s Cross has undergone significant transformation in recent years. Argent s development behind King s Cross has attracted global names such as Google, Guardian Media Group and a host of other businesses to the area for their headquarters buildings; it will also become home to a number of charitable, educational and artistic organisations such as The Art Fund, The Francis Crick Organisation and the University of the Arts London. The development also provides new public realm with 10 new parks and public spaces created. KING S CROSS ST. PANCRAS EUSTON ROAD SOUTHAMPTON ROW KINGSWAY PENTONVILLE ROAD PENTONVILLE ROAD GRAY S INN ROAD GRAY S INN ROAD GRAY S INN ROAD JOHN STREET GUILFORD STREET LAMB S CONDUIT STREET THEOBALD S ROAD CLERKENWELL ROAD CLERKENWELL ROAD HIGH HOLBORN HOLBORN RED LION ST SWINTON STREET ACTON STREET CALTHORPE STREET KING S CROSS ROAD FARRINGDON ROAD FARRINGDON ROAD FARRINGDON STREET CHANCERY LANE AMWELL ROAD ROSEBERY AVENUE ROSEBERY AVENUE CHANCERY LANE EXMOUTH MARKET ST CROSS STREET HATTON GARDEN HOLBORN CIRCUS NEW FETTER LANE SKINNER STREET BOWLING GREEN LANE CLERKENWELL GREEN TURNMILL STREET ST ANDREW STREET ANGEL GOSWELL ROAD ST JOHN STREET ST FARRINGDON COWCROSS STREET CITY ROAD GOSWELL ROAD JOHN STREET CHARTERHOUSE STREET WEST SMITHFIELD BEEC HOLBORN VIADUCT CITY THAMESLINK BARBICAN GR

5 LOCATION: KINGS CROSS billion - the figure spent on transport infrastructure at King s Cross in the last ten years. The King s Cross St Pancras transport hub links six London Underground lines with two national mainline train stations and international high speed rail. London s five international airports are within an hour. And Euston Station with service to Manchester, Liverpool and Birmingham is a further five minute walk from there. 14 bus lines and a planned 800 space bike interchange, and you have a location that s unrivalled for connections locally, nationally and internationally.

6 LOCATION: CONECTIVITY 6 JOURNEY TIMES FROM GRAY S INN ROAD KING S CROSS ST. PANCRAS King s Cross St Pancras 7 mins EUSTON Russell Square 10 mins ANGEL Chancery Lane Euston 12 mins 13 mins WARREN STREET EUSTON SQUARE FARRINGDON OLD STREET Angel 14 mins RUSSELL SQUARE BARBICAN LIVERPOOL STREET Farringdon Holborn St Paul s 14 mins 15 mins 16 mins GOODGE STREET TOTTENHAM COURT ROAD HOLBORN CHANCERY LANE ST. PAUL S MOORGATE BANK Bank 18 mins Liverpool Street 21 mins MONUMENT Source: TfL

7 THE BUILDING 7 The property is a traditional 1950 s period style office building that is currently operated as a serviced office centre providing predominantly B1(a) office accommodation on ground, first, second and third floors, as well as some small storage space in the lower ground floor. In addition a small part of the ground floor towards the northern end of the property is currently occupied by a barbers and a cafe. The property boasts an impressive bricked façade, whilst internally the office space is sub-divided into multiple office suites offering a bright and creative working environment. The general specification benefits from comfort cooling (in part), carpet flooring, ceiling mounted lighting, secondary glazing and perimeter trunking system. All floors are served by a passenger lift from the southern core, however there is also a disused lift shaft in the northern core that could be reinstated. What is also unique is that the property also enjoys a very generous rooftop terrace accessed via both of the stair cores, which includes; an organic green roof, solar panels, rain harvesting and a wind turbine.

8 GROUND FLOOR ACCOMMODATION: FLOOR PLANS 8 OPEN PLAN FORMAT FLOOR Ft 2 M 2 Third 2, Second 2, First 2, B1 Office A1 Retail Ground 2, Basement Total 9, EXISTING CONFIGURATION B1 Office A1 Retail For indicative purposes only (not to scale)

9 FIRST FLOOR ACCOMMODATION: FLOOR PLANS 9 FIRST FLOOR PLAN - 2,329 Ft 2 ( M 2 ) FLOOR Ft 2 M 2 Third 2, Second 2, First 2, Ground 2, Basement Total 9, FIRST FLOOR SPACE PLAN - 2,329 Ft 2 ( M 2 ) For indicative purposes only (not to scale)

10 SECOND FLOOR ACCOMMODATION: FLOOR PLANS 10 SECOND FLOOR PLAN - 2,315 Ft 2 ( M 2 ) FLOOR Ft 2 M 2 Third 2, Second 2, First 2, Ground 2, Basement Total 9, SECOND FLOOR SPACE PLAN - 2,315 Ft 2 ( M 2 ) For indicative purposes only (not to scale)

11 THIRD FLOOR ACCOMMODATION: FLOOR PLANS 11 THIRD FLOOR PLAN - 2,315 Ft 2 ( M 2 ) FLOOR Ft 2 M 2 Third 2, Second 2, First 2, Ground 2, Basement Total 9, THIRD FLOOR SPACE PLAN - 2,315 Ft 2 ( M 2 ) For indicative purposes only (not to scale)

12 TENURE / TENANCY 12 TENURE PRICE VAT EPC SITUATION Freehold. Offers are sought in excess of 6,000,000 ( 610 /Ft²). The property has been elected for VAT and will be payable on the purchase price. Rating D (82) The building will be sold with the benefit of vacant possession or alternatively can be sold with income as the building is currently operated as a serviced office centre, further information available upon request.

13 RECEPTION LOBBY 13

14 ROOF TERRACE 14

15 OFFICE SPACE 15

16 RARE FREEHOLD OPPORTUNITY FURTHER INFORMATION 16 For further information / to arrange a viewing of the property, please contact joint sole letting agents: SHAUN SIMONS T M E ssimons@hattonrealestate.co.uk DAVID SILVER T M E david@burlingtonpartners.com MICHAEL RAIBIN T M E mraibin@hattonrealestate.co.uk ADAM VELLEMAN T M E adam@burlingtonpartners.com CLICK HERE TO VIEW FURTHER DETAILS IN THE DATA ROOM Misrepresentation Act 1967: Hatton Real Estate & Burlington Partners for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither Hatton Real Estate, Burlington Partners nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 1989: Unless otherwise stated all prices and rents are quote exclusive of VAT. Property Misdescriptions Act 1991: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. May 2014 Designed & produced by Cre8te