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PRIME VACANT FREEHOLD OFFICE BUILDING PLANNING CONSENT FOR RESIDENTIAL USE INTEREST TO OWNER OCCUPIERS AND DEVELOPERS 17 CARLISLE STREET, SOHO LONDON, W1

17 CARLISLE STREET, SOHO LONDON, W1 · boutique clothing brands available in Carnaby Street. Soho is one of the principal sub-markets of London’s West End. Bounded by Oxford Street

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Page 1: 17 CARLISLE STREET, SOHO LONDON, W1 · boutique clothing brands available in Carnaby Street. Soho is one of the principal sub-markets of London’s West End. Bounded by Oxford Street

PRIME VACANT FREEHOLD OFFICE BUILDINGPLANNING CONSENT FOR RESIDENTIAL USE

INTEREST TO OWNER OCCUPIERS AND DEVELOPERS

17 CARLISLE STREET, SOHO LONDON, W1

Page 2: 17 CARLISLE STREET, SOHO LONDON, W1 · boutique clothing brands available in Carnaby Street. Soho is one of the principal sub-markets of London’s West End. Bounded by Oxford Street

SOHO SQ

LONDON EYE

ST JAMES’S PARKCHARING CROSS TRAFALGAR SQ

DEAN ST

PICCADILLY

LEICESTER SQ

CENTRE POINT

CHARING CROSS RD

OXFORD ST

17 CARLISLE ST

Page 3: 17 CARLISLE STREET, SOHO LONDON, W1 · boutique clothing brands available in Carnaby Street. Soho is one of the principal sub-markets of London’s West End. Bounded by Oxford Street

3

17 CARLISLE STREET, LONDON, W1

INVESTMENT SUMMARY Located in prime Soho within very

close proximity to Soho Square

Property to be sold with full Vacant Possession

Planning permission for a single residential dwelling

Grade II listed

Gross Internal Area - 4,082 sq ft

Potential to add an additional floor, subject to planning

Asking offers in excess of £4,700,000, subject to contract and exclusive of VAT

£1,151 per sq ft capital value

Communica tio ns 4

21-22 Poland Street Soho W1

GREAT

RUSSELL S

T

GROSVENOR ST

MADDOX S

T

BROOK

ST HANOVER ST

DOVER STREET

BRUTON ST

CONDUIT

ST

BERKELEY ST

BERKELEY

SQUARE

CURZON STREET

DAVIES ST

CAVENDISH

ST GT TITC

HFIELD

ST

BEAK ST

POLAND

ST

BER

NER

S STREET

NEW

MAN

STREE

DEAN

STREET

T

BLOOMSBURY STREET

REGENT ST

HAYMARKET

MORTIMER STREET

MORTIMER STREET

FRITH

ST

WARDOU

R STREET

OLD COMPTON ST

JERMYN STREET

OXFORD STREET

OXFORD STREET

NEW OXFORD ST

ST GILES HIGH ST HIGH H

OLBORN

PICCADILLY

S

HAFTESBURY AVENUE

TOTTENHAM

COURT ROAD CH

AR

ING

CRO

SS ROA

D

PALL M

ALL

COCKSPUR ST

STRAND

TOTTENHAMCOURT ROAD

PICCADILLYCIRCUS

LEICESTERSQUARE

CHARINGCROSS

GOODGESTREET

OXFORDCIRCUS

COVENT GARDEN

LEICESTERSQUARE

TRAFALGARSQUARE

GREEN PARK

BONDSTREET

THE BRITISHMUSEUM

GREEK ST

ST MA

RTIN

’S LAN

E

LONG ACRE

ENDELL STREETDRURY LA

SOHO

SQUARE

ST JAMES’S

SQUARE

WELLS ST BERW

ICK STGT MARLBOROUGH ST NOEL ST

HENRIETTA PLACE

MARGARET ST

BOND STREET OLD BOND ST

POR

TLAND

PLACE REG

ENT ST REGEN

T STREET

PO

RTLA

ND

STREET

GOLDEN

SQUARE

BREWER STREET

CARLISLE ST

LOCATIONSoho is one of the West End’s most popular districts and is internationally renowned as one of London’s most recognised and well established business and entertainment addresses. The immediate area provides an eclectic mix of cosmopolitan restaurants, bars, theatres and leisure amenities, with both major fashion and boutique clothing brands available in Carnaby Street.

Soho is one of the principal sub-markets of London’s West End. Bounded by Oxford Street to the north, Regent Street to the west, Shaftesbury Avenue to the south and Charing Cross Road to the east. Soho is characterised by an eclectic mix of high quality office and residential accommodation and is associated with a wide range of leisure amenities including well-known hotels, restaurants, theatres and bars.

Soho benefits from excellent transport links being in close proximity to Piccadilly Circus, Leicester Square, Oxford Circus and Tottenham Court Road Underground Stations.

COMMUNICATIONCarlisle Street benefits from excellent communication links with Oxford Circus (Bakerloo, Victoria and Central lines), Tottenham Court Road (Central and Northern lines) and Piccadilly Circus (Bakerloo and Piccadilly lines) underground stations all within a short walking distance. Numerous bus routes operate along Oxford Street immediately to the north.

The surrounding area is currently undergoing significant transport improvement with the delivery of the new Crossrail Stations at Bond Street and Tottenham Court Road currently underway. Scheduled for completion in 2018, Crossrail will provide a new high frequency railway for London and the South East, linking Maidenhead and Heathrow in the west to Shenfield and Abbey Wood in the east including new stations in the West End, City of London and Canary Wharf.

CROSSRAILThe property benefits from being located close to the new Tottenham Court Road and Bond Street Crossrail Stations.

Tottenham Court Road Crossrail station will link with existing underground (Northern and Central) lines and provide a new ticket hall six times larger than at present. The surrounding area will benefit from a major regeneration project planned for the eastern end of Oxford Street, including the provision of a public piazza outside Centre Point and an improved pedestrian environment, providing a catalyst for further development in the area. The new western entrance to the station is close by at the end of Hollen Street.

Bond Street Crossrail station will link with existing underground lines (Central and Jubilee) and will comprise two separate ticket halls; to the west at Davies Street and to the east on the corner of Hanover Square and Tenterden Street. Owing to the considerable surrounding retail offering, Bond Street is already one of the busiest Central London underground stations, with 155,000 passengers passing through the station each day. Upon completion, passenger numbers are projected to grow to over 220,000 daily.

SITUATIONThe property is situated on the north side of Carlisle Street. Despite being situated in the heart of Soho, the street benefits from being one of the quietest in the area. At the end of Carlisle Street is the new 4* boutique Nadler Soho Hotel. To the east of the property lies Soho Square. Nearby occupiers include Pizza Express, Pret A Manger and Cote Brasserie.

SUBJECT PROPERTY

Page 4: 17 CARLISLE STREET, SOHO LONDON, W1 · boutique clothing brands available in Carnaby Street. Soho is one of the principal sub-markets of London’s West End. Bounded by Oxford Street

4

17 CARLISLE STREET, LONDON, W1

DESCRIPTION17 Carlisle Street is a mid Georgian townhouse of four storeys and three bays, dating from 1765. The ground floor rooms have an Adam style and Rococo chimneypiece to the front and rear respectively. The building is thought to be founded on masonry strip foundations.

The property is arranged over lower ground, ground and three upper floors. The building was previously owner occupied by a B1 occupier and has recently received planning consent to convert into a single C3 dwelling.

PLANNINGWe understand the property is Grade II listed.

The property lies in the Soho Conservation Area.

In October 2013, the property received planning permission to be converted into a single C3 residential dwelling.

Further information, including floorplans are available upon request.

ACCOMMODATION

Floor NIA Sq M NIA Sq Ft GIA Sq M GIA Sq Ft

3rd 46.27 498 61.41 661

2nd 49.42 532 63.08 679

1st 49.05 528 63.27 681

Ground 72.00 775 95.50 1,028

Lower Ground 68.56 738 95.69 1,033

Total 285.30 3,071 378.95 4,082

TENUREFreehold.

DEVELOPMENT POTENTIALThe property has planning potential to add an additional floor.

PROPOSED FLOORPLANS

16 CARLISLE STREET 90 DEAN STREET

BEDROOM 3

ENSUITE

BEDROOM 2

+20.520

+19.432

WC

PLEASE NOTE LOW HEAD HEIGHT OF 2.19m THROUGHOUT THIRD FLOOR

Third

16 CARLISLE STREET 90 DEAN STREET

Roof

AREA SCHEDULE

BASEMENT 83sqm (excluding 17.6sqm Vault Store)GROUND 93.3sqm FIRST 58.7sqmSECOND 59.2sqmTHIRD 62.7sqm

TOTAL 356.9sqm (excluding 17.6sqm Vault Store)3,842sqft (excluding 189sqft Vault Store)

1:50 / 1:100

17 Carlisle Street

Sept 12

P12

Third and Roof

A2359 Carlisle Street Working P5DATE

E-FILE REF NºCDMSTATUS CHKDRNREVISION

DRAWING Nº

SCALE @ A1 / @A3 SIZE

DRAWING TITLE

PROJECT TITLE

CLIENT

DATE

Assael Architecture LimitedStudio 1350 Carnwath RoadLondon SW6 3EG

T +44 (0) 20 7736 7744F +44 (0) 20 7736 6677E [email protected] www.assael.co.uk

STATUS & REVISION

S2 Estates

A2359 203

GENERAL NOTES

All setting out must be checked on siteAll levels must be checked on site and refer to Ordnance Datum Newlyn unless alternative Datum givenAll fixings and weatherings must be checked on siteAll dimensions must be checked on siteThis drawing must not be scaledThis drawing must be read in conjunction with all other relevant drawings and specification clausesThis drawing must not be used for land transfer purposesCalculated areas in accordance with Assael Architecture's Definition of Areas for Schedule of AreasThis drawing must not be used on site unless issued for constructionSubject to survey, consultation and approval from all statutory Authorities

Revision Status: P=Preliminary C=Contract

© 2013 Assael Architecture Limited

Assael Architecture Limited has prepared this document in accordance with the instructions of the Client under the agreed Terms of Appointment. This document is for the sole and specific use of the Client and Assael Architecture shall not be responsible for any use of its contents for any purpose other than that for which it was prepared and provided. Should the Client require to pass electronic copies of the document to other parties, this should be for co-ordination purposes only, the whole of the file should be so copied, but no professional liability or warranty shall be extended to other parties by Assael Architecture in this connection without the explicit written agreement thereto by Assael Architecture Limited.

DRAWING NOTES

Proposed Plans

N

P10 LW --WS08.02.13PLANNING SUBMISSION

Existing wall

Proposed Walls

KEY

Altered Walls

Application Boundary

PLEASE READ IN CONJUNCTION WITH THE DESIGN AND ACCESS STATEMENT

P11 JB --LW23.03.13Planning SubstitutionP12 JB --LW04.10.13Planning Substitution

16 CARLISLE STREET 90 DEAN STREET

ENSUITE

DRESSINGMASTER BEDROOM

+17.680

CARLISLE STREET

Pavement Line

16 CARLISLE STREET 90 DEAN STREET

STUDY

LIVING ROOM

+13.990

CARLISLE STREET

Pavement Line

First Second

1:50 / 1:100

17 Carlisle Street

Sept 12

P13

First and Second

A2359 Carlisle Street Working P5DATE

E-FILE REF NºCDMSTATUS CHKDRNREVISION

DRAWING Nº

SCALE @ A1 / @A3 SIZE

DRAWING TITLE

PROJECT TITLE

CLIENT

DATE

Assael Architecture LimitedStudio 1350 Carnwath RoadLondon SW6 3EG

T +44 (0) 20 7736 7744F +44 (0) 20 7736 6677E [email protected] www.assael.co.uk

STATUS & REVISION

S2 Estates

A2359 202

GENERAL NOTES

All setting out must be checked on siteAll levels must be checked on site and refer to Ordnance Datum Newlyn unless alternative Datum givenAll fixings and weatherings must be checked on siteAll dimensions must be checked on siteThis drawing must not be scaledThis drawing must be read in conjunction with all other relevant drawings and specification clausesThis drawing must not be used for land transfer purposesCalculated areas in accordance with Assael Architecture's Definition of Areas for Schedule of AreasThis drawing must not be used on site unless issued for constructionSubject to survey, consultation and approval from all statutory Authorities

Revision Status: P=Preliminary C=Contract

© 2013 Assael Architecture Limited

Assael Architecture Limited has prepared this document in accordance with the instructions of the Client under the agreed Terms of Appointment. This document is for the sole and specific use of the Client and Assael Architecture shall not be responsible for any use of its contents for any purpose other than that for which it was prepared and provided. Should the Client require to pass electronic copies of the document to other parties, this should be for co-ordination purposes only, the whole of the file should be so copied, but no professional liability or warranty shall be extended to other parties by Assael Architecture in this connection without the explicit written agreement thereto by Assael Architecture Limited.

DRAWING NOTES

Proposed Plans

N

P10 LW --WS08.02.13PLANNING SUBMISSION

Existing wall

Proposed Walls

KEY

Altered Walls

Application Boundary

PLEASE READ IN CONJUNCTION WITH THE DESIGN AND ACCESS STATEMENT

P11 JB --LW23.03.13Planning SubstitutionP12 JB --LW02.07.13Planning SubstitutionP13 JB --LW04.10.13Planning Substitution

16 CARLISLE STREET 90 DEAN STREET

ENSUITE

DRESSINGMASTER BEDROOM

+17.680

CARLISLE STREET

Pavement Line

16 CARLISLE STREET 90 DEAN STREET

STUDY

LIVING ROOM

+13.990

CARLISLE STREET

Pavement Line

First Second

1:50 / 1:100

17 Carlisle Street

Sept 12

P13

First and Second

A2359 Carlisle Street Working P5DATE

E-FILE REF NºCDMSTATUS CHKDRNREVISION

DRAWING Nº

SCALE @ A1 / @A3 SIZE

DRAWING TITLE

PROJECT TITLE

CLIENT

DATE

Assael Architecture LimitedStudio 1350 Carnwath RoadLondon SW6 3EG

T +44 (0) 20 7736 7744F +44 (0) 20 7736 6677E [email protected] www.assael.co.uk

STATUS & REVISION

S2 Estates

A2359 202

GENERAL NOTES

All setting out must be checked on siteAll levels must be checked on site and refer to Ordnance Datum Newlyn unless alternative Datum givenAll fixings and weatherings must be checked on siteAll dimensions must be checked on siteThis drawing must not be scaledThis drawing must be read in conjunction with all other relevant drawings and specification clausesThis drawing must not be used for land transfer purposesCalculated areas in accordance with Assael Architecture's Definition of Areas for Schedule of AreasThis drawing must not be used on site unless issued for constructionSubject to survey, consultation and approval from all statutory Authorities

Revision Status: P=Preliminary C=Contract

© 2013 Assael Architecture Limited

Assael Architecture Limited has prepared this document in accordance with the instructions of the Client under the agreed Terms of Appointment. This document is for the sole and specific use of the Client and Assael Architecture shall not be responsible for any use of its contents for any purpose other than that for which it was prepared and provided. Should the Client require to pass electronic copies of the document to other parties, this should be for co-ordination purposes only, the whole of the file should be so copied, but no professional liability or warranty shall be extended to other parties by Assael Architecture in this connection without the explicit written agreement thereto by Assael Architecture Limited.

DRAWING NOTES

Proposed Plans

N

P10 LW --WS08.02.13PLANNING SUBMISSION

Existing wall

Proposed Walls

KEY

Altered Walls

Application Boundary

PLEASE READ IN CONJUNCTION WITH THE DESIGN AND ACCESS STATEMENT

P11 JB --LW23.03.13Planning SubstitutionP12 JB --LW02.07.13Planning SubstitutionP13 JB --LW04.10.13Planning Substitution

16 CARLISLE STREET 90 DEAN STREET

EXTENT OF BASEMENT VAULT

KITCHEN

WC

DINING

BREAKFAST ROOM

+10.490

CARLISLE STREET

NEW CAST IRON RAILINGS TO ALLOW MAXIMUM LIGHT TO BASEMENT

EDGE OF PAVEMENT ABOVE

STORE

GYM

SHOWER ROOM

SAUNA

STOREMEDIA ROOM

PLANT

UTILITY

+7.710

PLANT

PLEASE NOTE LOW HEAD HEIGHT OF 1.77m

Basement Ground

1:50 / 1:100

17 Carlisle Street

Sept 12

P14

Basement and Ground

A2359 Carlisle Street Working P5DATE

E-FILE REF NºCDMSTATUS CHKDRNREVISION

DRAWING Nº

SCALE @ A1 / @A3 SIZE

DRAWING TITLE

PROJECT TITLE

CLIENT

DATE

Assael Architecture LimitedStudio 1350 Carnwath RoadLondon SW6 3EG

T +44 (0) 20 7736 7744F +44 (0) 20 7736 6677E [email protected] www.assael.co.uk

STATUS & REVISION

S2 Estates

A2359 201

GENERAL NOTES

All setting out must be checked on siteAll levels must be checked on site and refer to Ordnance Datum Newlyn unless alternative Datum givenAll fixings and weatherings must be checked on siteAll dimensions must be checked on siteThis drawing must not be scaledThis drawing must be read in conjunction with all other relevant drawings and specification clausesThis drawing must not be used for land transfer purposesCalculated areas in accordance with Assael Architecture's Definition of Areas for Schedule of AreasThis drawing must not be used on site unless issued for constructionSubject to survey, consultation and approval from all statutory Authorities

Revision Status: P=Preliminary C=Contract

© 2013 Assael Architecture Limited

Assael Architecture Limited has prepared this document in accordance with the instructions of the Client under the agreed Terms of Appointment. This document is for the sole and specific use of the Client and Assael Architecture shall not be responsible for any use of its contents for any purpose other than that for which it was prepared and provided. Should the Client require to pass electronic copies of the document to other parties, this should be for co-ordination purposes only, the whole of the file should be so copied, but no professional liability or warranty shall be extended to other parties by Assael Architecture in this connection without the explicit written agreement thereto by Assael Architecture Limited.

DRAWING NOTES

Proposed Plans

N

P10 LW --WS08.02.13PLANNING SUBMISSION

Existing wall

Proposed Walls

KEY

Altered Walls

Application Boundary

PLEASE READ IN CONJUNCTION WITH THE DESIGN AND ACCESS STATEMENT

P11 JB --LW22.03.13Planning SubstitutionP12 JB --LW23.03.13Planning SubstitutionP13 JB --LW02.07.13Planning SubstitutionP14 JB --LW04.10.13Planning Substitution

16 CARLISLE STREET 90 DEAN STREET

EXTENT OF BASEMENT VAULT

KITCHEN

WC

DINING

BREAKFAST ROOM

+10.490

CARLISLE STREET

NEW CAST IRON RAILINGS TO ALLOW MAXIMUM LIGHT TO BASEMENT

EDGE OF PAVEMENT ABOVE

STORE

GYM

SHOWER ROOM

SAUNA

STOREMEDIA ROOM

PLANT

UTILITY

+7.710

PLANT

PLEASE NOTE LOW HEAD HEIGHT OF 1.77m

Basement Ground

1:50 / 1:100

17 Carlisle Street

Sept 12

P14

Basement and Ground

A2359 Carlisle Street Working P5DATE

E-FILE REF NºCDMSTATUS CHKDRNREVISION

DRAWING Nº

SCALE @ A1 / @A3 SIZE

DRAWING TITLE

PROJECT TITLE

CLIENT

DATE

Assael Architecture LimitedStudio 1350 Carnwath RoadLondon SW6 3EG

T +44 (0) 20 7736 7744F +44 (0) 20 7736 6677E [email protected] www.assael.co.uk

STATUS & REVISION

S2 Estates

A2359 201

GENERAL NOTES

All setting out must be checked on siteAll levels must be checked on site and refer to Ordnance Datum Newlyn unless alternative Datum givenAll fixings and weatherings must be checked on siteAll dimensions must be checked on siteThis drawing must not be scaledThis drawing must be read in conjunction with all other relevant drawings and specification clausesThis drawing must not be used for land transfer purposesCalculated areas in accordance with Assael Architecture's Definition of Areas for Schedule of AreasThis drawing must not be used on site unless issued for constructionSubject to survey, consultation and approval from all statutory Authorities

Revision Status: P=Preliminary C=Contract

© 2013 Assael Architecture Limited

Assael Architecture Limited has prepared this document in accordance with the instructions of the Client under the agreed Terms of Appointment. This document is for the sole and specific use of the Client and Assael Architecture shall not be responsible for any use of its contents for any purpose other than that for which it was prepared and provided. Should the Client require to pass electronic copies of the document to other parties, this should be for co-ordination purposes only, the whole of the file should be so copied, but no professional liability or warranty shall be extended to other parties by Assael Architecture in this connection without the explicit written agreement thereto by Assael Architecture Limited.

DRAWING NOTES

Proposed Plans

N

P10 LW --WS08.02.13PLANNING SUBMISSION

Existing wall

Proposed Walls

KEY

Altered Walls

Application Boundary

PLEASE READ IN CONJUNCTION WITH THE DESIGN AND ACCESS STATEMENT

P11 JB --LW22.03.13Planning SubstitutionP12 JB --LW23.03.13Planning SubstitutionP13 JB --LW02.07.13Planning SubstitutionP14 JB --LW04.10.13Planning Substitution

Basement Ground Floor

Second Floor Third Floor

First Floor

Page 5: 17 CARLISLE STREET, SOHO LONDON, W1 · boutique clothing brands available in Carnaby Street. Soho is one of the principal sub-markets of London’s West End. Bounded by Oxford Street

5

CONTACTStrictly via sole agents.

For further information please contact:

1 Portland Place London W1B 1PN

Tel: 020 7631 1202 Fax: 020 7637 1203

Misrepresentation Act: Finn & Company for themselves and for the vendors of these properties whose agent they are give notice that:1. These particulars do not constitute, nor constitute any part of the offer for sale or contract for sale. 2. All statements contained in these particulars as to these properties are made without responsibility on the part of Finn & Co or the vendors or lessors. 3. None of the statements contained in these particulars as to these properties are to be relied on as statements or representations of fact. 4. Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 5. Any plans or photographs or drawings shown in these particulars are to enable prospective purchasers or tenants to locate the properties. The plans are photographically reproduces and therefore not to scale except where expressly stated. The plans or photographs or drawings are not intended to depict the interest to be disposed of. Where location plans are based on Ordnance Survey maps this is with the consent of HM Stationery Office, Crown Copyright Reserved. 6. No warranty or undertaking is given in respect of the repair or condition of the properties or any items expressed to be included in the sale. 7. Any properties or drawings of the relevant properties or part thereof or the neighbouring areas may not depict the properties or the neighbouring areas at the date a prospective purchaser or tenant inspects the brochure. Prospective purchasers or tenants are strongly advised to inspect the properties and neighbouring areas. 8. Finn & Company have not measured the properties and have relied upon clients information. Therefore Finn & Co give no warranty as to their correctness or otherwise and the purchasers must rely on their own measurements.9. All terms quoted are exclusive of value added tax unless otherwise stated. 10. The vendors do not give and neither Finn & Co nor any person in their employment has any warranty whatsoever in relation to these properties. 11. These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. 12. These details were prepared as of January 2014.

[email protected]

[email protected]

AliRana [email protected]

EPCThe property has an EPC rating of F (141). A copy of the certificate is available upon request.

VATThe property is not elected for VAT.

PROPOSAL Offers are invited in excess of £4,700,000(FOURMILLIONSEVENHUNDREDTHOUSANDPOUNDS), subject to contract and exclusive of VAT for our clients freehold interest. A purchase at this level would reflect a capital value of £1,151 per sq ft on the gross internal area.