The Heron, Milton Court, The City of London, EC2

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1 The Heron, Milton Court, The City of London, EC2 Location : Milton Court, City of London, EC2 Local Authority : The City of London Developer : The Heron Residences LLP Tenure : 199 year lease Building Warranty : NHBC 10 year cover Estimated Completion : Estimated Spring 2013 derives Description : A slender 36-storey tower and 284 luxury apartments 138 suites, 63 one-beds, 46 two-beds, 15 two/three beds, 8 three-beds and 14 premier/penthouse apartments Located at the heart of London s financial district, an area with 350,000 workers by day but only 8,000 residents. The Heron is adjacent to The Barbican Centre on Silk Street, home to the finest in international arts and culture, with a diverse programme of exhibitions, performing arts, concerts and cinema. It is within walking distance of the Barbican, Moorgate and Liverpool Street tube stations. This equates to direct access to five of London s 12 tube lines and to two of the City s train stations. 1

2 The lower floors of The Heron will provide a new home for the Guildhall School of Music & Drama, one of Europe's leading conservatoires. The custom-designed, state-of-the-art performance, teaching and support space will be an additional facility for this world-renowned School. It will accommodate a 608 seat concert hall, a 227 seat drama theatre, and a 126 seat studio theatre and will be an international cultural destination, enhancing the prestige of the residential tower. The School s impressive list of alumni includes Daniel Craig, Dido, Orlando Bloom and Ewan McGregor, to name but a few. The Heron offers international buyers a stylish and impressive base in an unparalleled location: restaurants, bars, galleries and more are all nestled in-between the businesses and national landmarks associated with the area. History, trade, culture and the arts combine to provide City dwellers the choice of everything on their doorstep. From the majestic St Paul s Cathedral to Shoreditch and Spitalfields market, the surrounding area has something to offer everyone. Very highly specified apartments, finished to an exceptional standard. Landscaped roof garden providing a stunning urban oasis. Residents club lounge, gym and screening room. Valet parking. Heron Tower, the 46 storey tower on Bishopsgate which is the tallest building in the City of London (202) metres providing world class office space, setting the standards for offices of the future Heron Plaza on Bishopsgate of which Heron Tower forms the centrepiece The Heron, the 36 storey residential tower in EC2 adjacent to the Barbican Centre The Peak, a new headquarters office building located in London s Victoria which includes 7,321 sq m of office space and 1,782 sq m of high quality retail, The Peak was awarded Best Office Development at the 2009 Daily Mail UK Commercial Property Awards. 2

3 Transportation : Within walking distance of the Barbican, Moorgate and Liverpool Street tube stations, equating to direct access to five of London s 12 tube lines and to two of the City s train stations. Est. Service Charges Approx 7.00 per sq ft Ground Rents per year : Suites 400 p.a. One bedroom 500 p.a. Two bedroom 600 p.a. Three bedroom 750 p.a. 3

4 Car Parking : Limited parking available to 2 & 3 bed flats at 50,000 each. Council Tax : Tax band City of London English average Band H 1, , Legal Fees : Properties under 500,000 : Fee of 1,635 Properties over 500,000 : Fee of 2,060 Properties between 2 million and 3million Fee of 2,635 Properties over 3 million : Fee upon request Legal subsidy of 1,000 + VAT towards legal fees. Please note that these fees are for conveyancing charges, exclusive of VAT (currently 20%) and disbursements such as Stamp Duty Land Tax and Land Registry fees. 4

5 TERMS OF PAYMENT (1) Non-refundable reservation fee of 2,000 payable upon reservation/exchange of contracts. (2) Balance of 10% of purchase price, less reservation deposit, is payable via solicitors within 21 days of exchange of contracts. (3) A further 10% of the purchase price is payable no later than 30 th September (4) The balance of 80% is payable upon completion, estimated in Spring DOCUMENTATION REQUIRED FOR EXCHANGE OF CONTRACTS (1) A current utility bill or Bank Statement showing name and home address no older than 3 months. Please be advised that the solicitors must have signed and certified the original copies of the above. OR (2) A third party letter of compliance from the purchaser s solicitor. If the purchase is being taken in a Company name then the following must be provided: a) A copy of the Certificate of Incorporation and Memorandum of Articles and Association. b) Evidence of the Company s registered address. c) A list of Directors and Shareholders. d) Individual Photo Identification and Address Identification for Directors and Shareholders. 5

6 VENDOR S SOLICITORS Howard Kennedy Solicitors Attn : Ms Denise Condon 19 Cavendish Square London W1A 2AW Tel: + 44 (0) Fax : + 44 (0) RECOMMENDED PURCHASER'S SOLICITORS Charles Russell LLP Attn : Mr Ian Cooke Kingsbury House King Street London SW1 6QU, United Kingdom Tel: +44 (0) Fax : +44 (0) RECOMMENDED MORTGAGE ADVISORS OCBC Bank Attn : Ms Susan Low Lee Mui /Ms Wendy Soh Siew Eng 53 / 55 New Bridge Road, Level 1 Singapore Mobile : (65) Susan Mobile : (65) Wendy Fax : (65) For further enquiries, please contact: MRS. DORIS TAN CEA Reg no. R016994G Jones Lang LaSalle Residential Pte Ltd 3 Shenton Way #10-08 Shenton House, Singapore T: (65) F: (65) Website: Business Registration No: G Licence No. L I Jones Lang LaSalle Residential Pte Ltd for themselves and for the vendors or lessors of this property whose agents they are, give notice that the particulars do not constitute, nor constitute any part of an offer or a contract. All statements, contained in these particulars as to this property are made without responsibility on the part of Jones Lang LaSalle Residential Pte Ltd, or vendors or lessors. All descriptions, dimensions, and other particulars are given in good faith and are believed to correct but any intending purchasers or tenants should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of the each of them. No person in the employment of Jones Lang LaSalle Residential Pte Ltd has any authority to make or give any representation or warranty whatever in relation to this property. 6

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