1 Bentinck Mews, London, W1U 2AL

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1 Single-Let Office/ Residential Conversion Opportunity gva.co.uk/investment

2 For Sale - Single-Let Office/Development Opportunity Executive Summary Virtual Freehold office of 2,758 sq ft (NIA) / 3,910 sq ft (GIA). Single let to ARM Direct Ltd. Unexpired Lease Term of 2.8 years to Expiry and 0.8 years to Break. Attractive self contained mews office situated off Marylebone Lane. Ideal for owner occupier (subject to Landlord and Tenant Act). Potential for conversion to residential use (subject to planning consent). We are instructed to seek offers in excess of 2,000,000 (Two million pounds) reflecting a capital value of 725 per sq ft (NIA) / 512 per sq ft (GIA). Location The property is located in Marylebone in the heart of Central London and benefits from excellent communications being in close proximity to the A5, A40 and A4 all providing links to the A406 (North Circular Road) and M25 motorway which in turn provides access to the national motorway network. Marylebone is served by all London airports and there are extensive rail links with a number of stations within easy reach of the subject property including Marylebone, Paddington and Kings Cross & St Pancras, Euston. Marylebone has benefited from gentrification over the last five years and has become highly affluent and one of the most attractive locations in central London for businesses, residences and retailers. Situation Bentinck Mews is situated just 0.2 miles north of Oxford Street. The property is situated on the south side of Bentinck Mews, which is located off Marylebone Lane approximately 50 metres to the north of the junction with Wigmore Street. The property benefits from excellent public transport links with Bond Street (Jubilee and Central lines), Oxford Circus (Victoria, Central and Bakerloo Lines) and Baker Street (Hammersmith & City, Metropolitan, Circle, Jubilee and Bakerloo lines) underground stations in close proximity. The surrounding area is a mix of commercial and residential uses, with extensive retail to the south.

3 Opportunities Suitable for owner-occupier (subject to Landlord and Tenant Act). Potential for conversion to residential use, (subject to planning consent). Secure uplift in rental income at lease renewal. Image: Ground floor The site is approximately 0.03 acres (0.01 ha). Description The property is a terraced mews building arranged over 5 storeys originally constructed in the 19th Century as a warehouse but has since been converted for office use providing 2,758 sq ft (NIA) / 3,910 sq ft (GIA)of accommodation. The building provides floor plates which are mostly open plan in layout and their specification includes solid floors, double glazed hardwood timber framed windows and domed roof lights set into the ceiling. Tenure Business Rates Long leasehold from 1 July 1920 for a term of 999 years (909 years unexpired). The head rent payable is fixed at 5 per annum. Service Charge Not applicable. The property is single let on full repairing and insuring terms. Business rates payable are estimated to be per sq ft.

4 Floor Plans Indicative floor plans below. Please visit to view full floor plans. Lower Ground Floor First Floor Third Floor The Gross Internal Area has been measured at 3,910 sq ft (363 sq m). Second Floor Ground Floor Tenancy Schedule Demise Tenant Net Internal Area (sq ft) Start Date End Date (Break) Rent Rent pa Comment Review ( per sq ft) Whole ARM Direct Limited 2, Apr Apr 2014 (08 Apr 2012) n/a 57,500 ( 20.85) Whole Head Lease 01 Jul Jun 2919 n/a Totals 2,758 Proposal We are instructed to seek offers in excess of 2,000,000 (Two million pounds) reflecting a capital value of 725 per sq ft (NIA) / 512 per sq ft (GIA). 57,495 Lease benefits from security of tenure. For further information please contact: Barry Marshall barry.marshall@gva.co.uk Mark Frampton mark.frampton@gva.co.uk Piers Glover piers.glover@gva.co.uk Simon Hedley sh@druce.com Floor plans, documents and additional photos are available at

5 London West End 10 Stratton Street London W1J 8JR London City 80 Cheapside London EC2V 6EE Belfast Rose Building Third Floor 16 Howard Street Belfast BT1 6PA Birmingham 3 Brindleyplace Birmingham B1 2JB Bristol St Catherine s Court Berkeley Place Bristol BS8 1BQ Cardiff One Kingsway Cardiff CF10 3AN Glasgow 206 St Vincent Street Glasgow G2 5SG Leeds City Point First Floor 29 King Street Leeds LS1 2HL Liverpool Mercury Court Tithebarn Street Liverpool L2 2QP Manchester 81 Fountain Street Manchester M2 2EE Newcastle Central Square Forth Street Newcastle NE1 3PJ Edinburgh Quayside House 127 Fountainbridge Edinburgh EH3 9QG Published by GVA - 10 Stratton Street, London W1J 8JR 2011 Copyright GVA GVA is the trading name of GVA Grimley Limited and is a principal shareholder of GVA Worldwide, an independent partnership of property advisers operating globally gvaworldwide.com Printed on recycled paper GVA Grimley Limited Conditions under which Particulars are issued GVA Grimley Limited for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that:1.) The particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. 2.) All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. 3.) No person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. 4.) All rentals and prices are quoted exclusive of VAT. Reproduced by courtesy of the Controller of HMSO. Crown Copyright reserved. Licence No If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only. May gva.co.uk/investment