BOROUGH PLACE, MARSHALSEA ROAD, SOUTHWARK, LONDON, SE1

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1 Borough Place is situated in the fashionable and increasingly sought-after area of Borough, in the heart of Southwark, London SE1. Offering an impressive choice of both two-bedroom and three-bedroom apartments over four floors, Borough Place also features a brand-new and luxurious bespoke rooftop penthouse, with superb views over Bankside and central London. The Vendor Gallagher UK Location Borough Place, Marshalsea Road, London SE1 1HL Local Authority London Borough of Southwark Tenure 999 year leasehold Warranty BLP 10 year warranty Anticipated Completion Dec 2015 Jan 2016 Pricing 2 Beds from 975,000 3 Beds from 1,300,000 Net internal floor areas 2 Bed units: 926 SQFT 3 Bed units: 1,242 SQFT Ground Rent 2 & 3 Beds PA Estimated service Charge 2 Beds: 2, PA 3 Beds: 3, PA Page 1 of 11

2 GENERAL SPECIFICATION 2 & 3 BEDROOM APARTMENTS GENERAL Engineered matt-lacquered timber flooring to hallway, living area and kitchen Pure new wool broadloom carpet to all bedrooms Under-floor heating throughout Fixed and directional Photec Mag-LED lighting in kitchen and bedroom areas Delta VISA LED wall lighting Video door entry Passenger lift to all levels Larch decking to winter gardens KITCHENS Kitchen units in Pronorm Y-Line light oak laminate finish Quartz kitchen worktops with under-mounted stainless steel sink Abode Quala stainless steel taps Splashback in back-painted glass Siemens fully integrated A energy efficiency range: Tall fridge/freezer - Induction hob - Electric oven - Dishwasher - Extractor - Washer/dryer BATHROOMS Porcelain tiles to walls and floor WC with concealed cistern Duravit baths with overflow filler Shower and bath screens Bespoke white stained oak- veneered cabinets Large areas of fixed mirrors PENTHOUSE GENERAL Engineered matt-lacquered timber flooring to hallway, living area and kitchen Pure new wool broadloom carpet to all bedrooms Under-floor heating throughout Recessed built-in speakers to kitchen and living area Fixed and directional Photec Mag-LED lighting in kitchen and bedroom areas Delta VISA LED wall lighting Video door entry Passenger lift to all levels Larch decking to roof terrace KITCHENS Kitchen units in Pronorm Y-Line light oak laminate finish Quartz kitchen worktops with under-mounted stainless steel sink Abode Quala stainless steel taps Boiling water tap Splashback in back-painted glass Siemens fully integrated A energy efficiency range: Tall fridge/freezer - Wine cooler - Coffee machine - Induction hob - Electric oven - Dishwasher - Extractor Washer/dryer BATHROOMS Porcelain tiles to walls and floor WC with concealed cistern Duravit baths with overflow filler Shower and bath screens Bespoke white stained oak- veneered cabinets Large areas of fixed mirrors *Please note, these are subject to change Page 2 of 11

3 INDICATIVE INTERNALS Page 3 of 11

4 TRANSPORT LINKS UNDERGROUND, RAIL & THAMES CLIPPER A SUPERB CENTRAL LONDON LOCATION - Borough Place is located in the heart of the London Borough of Southwark, whose reputation and property values are growing rapidly thanks to massive regeneration and inward investment. Bordered by the northward curve of the Thames, Southwark and Borough are just minutes from Westminster and Belgravia, the West End and Covent Garden. The area is also directly south of The City, with St Katharine Docks, Canary Wharf and Greenwich all easily accessible. EXCELLENT LOCAL TRANSPORT LINKS - Local transport links are excellent, with Borough Underground station (Northern Line) just a few hundred metres away, plus Southwark (Jubilee Line) and London Bridge (Northern and Jubilee Lines) also conveniently close. Borough Place is also near to Overground rail links at London Bridge and Waterloo, plus it s within walking or cycling distance of the South Bank, which offers a wide range of major attractions. These include the London Eye, the Tate Modern, The Royal Festival Hall and The South Bank Centre. Borough Underground Station 1 minutes walk* from Borough Place London Bridge Underground & Rail Station 11 minutes walk* from Borough Place Southwark Underground Station 12 minutes walk* from Borough Place Elephant & Castle Underground & Rail Station - 14 minutes walk* from Borough Place Waterloo Underground & Rail Station 16 minutes walk* from Borough Place Walking times sourced by & Average journey times; London Bridge Station - 2 minutes** (from Borough station) Bank Station - 3 minutes** (from Borough station) Kings Cross St Pancras Station - 12 minutes** (from Borough station) Leicester Square Station - 12 minutes** (from Borough station) Oxford Circus Station - 14 minutes** (from Borough station) Victoria Station - 15 minutes** (from Borough station) Bond Street Station - 16 minutes** (from Borough station) Covent Garden Station - 16 minutes** (from Borough station Regents Park Station - 16 minutes** (from Borough station Knightsbridge Station - 19 minutes** (from Borough station) Paddington Station 22 minutes** (from Borough station) London City Airport 25 minutes** (from Borough station) Heathrow T5 (express from Paddington) - 43 minutes** (from Borough station) Average underground journey times from Borough Station. Source: tfl.gov.uk** Page 4 of 11

5 THAMES CLIPPER BOAT Bankside Pier is a stop for river services in London. It is located on the south bank of the river Thames, close to Tate Modern museum. Three services call at the pier: the river bus routes RB1 (between Embankment and Woolwich Arsenal) and RB2 (from here to St George Wharf Pier and Millbank Pier for the Tate Britain). The third service is the Circular Cruise Westminster which goes to Westminster via St Katherine's. Bankside Pier 12 minutes walk* from Borough Place Walking times sourced by & Average journey times; London Bridge City Pier - 4 minutes** (from Bankside Pier) Embankment Pier - 7 minutes** (from Bankside Pier) Tower Millennium Pier - 15 minutes** (from Bankside Pier) Canary Wharf Pier - 17 minutes** (from Bankside Pier) London Eye Pier - 18 minutes** (from Bankside Pier) Greenwich Pier 28 minutes** (from Bankside Pier) Average underground journey times from Bankside Pier. Source: tfl.gov.uk** Page 5 of 11

6 LONDON UNIVERSITIES AND COLLEGES University of Westminster University of Westminster, 309 Regent St, City of Westminster, W1B 2UW 3.2 miles 16mins drive* Closest station Oxford Circus Station 14 minutes from Borough station** UCL University College London Gower Street, WC1E 6BT 2.8 miles 11mins drive* Closest station Warren Street Station 16 minutes from Borough station** King s College London Strand, WC2R 2LS 1.7 miles 6mins drive* Closest station Temple Station 12 minutes from Borough station** London Business School 26 Sussex Pl, London NW1 4SA 4.7 miles 19mins drive* Closest station Baker Street 17 minutes from Borough station** City University London Northampton Square, London EC1V 0HB 2.2 miles 9mins drive* Closest station Angel - 10 minutes from Borough station** London School of Economics Houghton St, London WC2A 2AE 1.9 miles 7mins drive* Closest station Temple Station 12 minutes from Borough station** Imperial College London Exhibition Road, SW7 2AZ 4.3 miles - 17mins drive* Closest station South Kensington Station 20 minutes from Borough station** Average underground journey times from Borough Station. Source: tfl.gov.uk** Walking times sourced by & Page 6 of 11

7 AREA INFORMATION Tate Modern 12 minutes walk from Borough Place - Tate Modern is a modern art gallery located in London. It is Britain's national gallery of international modern art and forms part of the Tate group (together with Tate Britain, Tate Liverpool, Tate St Ives and Tate Online). It is the most-visited modern art gallery in the world, with around 4.7 million visitors per year. It is based in the former Bankside Power Station, in the Bankside area of the London Borough of Southwark. Tate holds the national collection of British art from 1900 to the present day and international modern and contemporary art. Page 7 of 11

8 AREA INFORMATION OXO Tower 18 minutes walk from Borough Place The Oxo Tower is a building with a prominent tower on the south bank of the River Thames in London. The building has mixed use as Oxo Tower Wharf containing a set of design, arts and crafts shops on the ground and first floors with two galleries, Bargehouse and The OXO Tower Restaurant, Bar and Brasserie is on the eighth floor, which is the roof-top level with fine and casual dining. In addition to this, situated on the eighth floor is a viewing gallery open to the public. The third to seventh floors contain 78 flats owned by Redwood Housing (1995). Much of the second floor can be hired out for events and weddings. Page 8 of 11

9 AREA INFORMATION Shakespeare Globe Theatre 12 minutes walk from Borough Place Victoria Tower Gardens is a public park along the north bank of the River Thames in London. As its name suggests, it is adjacent to the Victoria Tower, the south-western corner of the Palace of Westminster. The park, which extends southwards from the Palace to Lambeth Bridge, sandwiched between Milbank and the river, also forms part of the Thames Embankment. The Palace of Westminster is the meeting place of the House of Commons and the House of Lords, the two houses of the Parliament of the United Kingdom. Commonly known as the Houses of Parliament after its occupants, the Palace lies on the Middlesex bank of the River Thames in the City of Westminster, in central London. Its name, which derives from the neighbouring Westminster Abbey, may refer to either of two structures: the Old Palace, a medieval building complex that was destroyed by fire in 1834, and its replacement, the New Palace that stands today. For ceremonial purposes, the palace retains its original style and status as a royal residence and is the property of the Crown. The first royal palace was built on the site in the eleventh century, and Westminster was the primary residence of the Kings of England until a fire destroyed much of the complex in After that, it served as the home of the Parliament of England, which had been meeting there since the thirteenth century, and also as the seat of the Royal Courts of Justice, based in and around Westminster Hall. In 1834, an even greater fire ravaged the heavily rebuilt Houses of Parliament, and the only medieval structures of significance to survive were Westminster Hall, the Cloisters of St Stephen's, the Chapel of St Mary Undercroft, and the Jewel Tower. Page 9 of 11

10 COUNCIL TAX BANDS FOR 2015/ BAND A BAND B BAND C BAND D BAND E BAND F BAND G BAND H , , , , , , DOCUMENTATION REQUIRED FOR EXCHANGE OF CONTRACT 1. Passport / ID card 2. A current utility bill (not mobile phone) or bank statement showing name and home address. If neither document can be provided then:- 1. An Inland Revenue demand or 2. A letter from employer stating home address Please be advised that the solicitors must see the original copies of the above. OTHER ASSOCIATED BUYING FEES 1. Non-refundable booking deposit of 5,000 payable upon reservation / exchange of contracts 2. A further 10% of purchase price, less booking deposit paid, payable within 14 days 3. Balance of 90% payable on completion PURCHASER LEGAL FEES For sale prices lower than one million: 1, plus VAT and Disbursements. For sales prices one million and over: 2,200 plus VAT and Disbursements. STAMP DUTY - From 4 th December 2014, SDLT rates will be applied on a graduated basis. For more information go to Stamp duty bands: 0% of the first 125,000 of property price 2% of the next 125,000 of property price 5% on the next 675,000 of property price 10% on the next 575,000 of property price 12% on the rest of property price (over 1.5 million) Page 10 of 11

11 VENDOR S SOLICITORS Charles Russell Speechlys LLP 5 Fleet Place, London EC4M 7RD Contact: Mr Tim Atkins Tel: +44 (0) [email protected] RECOMMENDED PURCHASER S SOLICITORS Riseam Sharples 2 Tower Street, London WC2H 9NP Contact: Mr Clive Sharples Tel:+44 (0) [email protected] RECOMMENDED LETTINGS AGENTS Fraser & Co 11 Westcliffe apartments 1 South Wharf Road Paddington W2 1JB Contact: Debbie McCreesh Tel: +44(0) [email protected] Disclaimer The information contained in this document is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted herein subject to the possibility of errors, omissions or changes without notice. Where we have provided information, views or responses, they are based on the source information we have received we included opinions, assumptions or estimates for examples only, and they may not represent current or future performance of the property. You and your advisors should conduct your own review and investigate before relying on the information in this document. 6/11/15 Page 11 of 11