17 ST HELEN’S PLACE LONDON EC3 - Hall Kemphallkemp.com/uploads/20171113162149257393017 St Helen's Place, E… · prime city of london investment with development potential 17 st

P R I M E C I T Y O F L O N D O N I N V E S T M E N T W I T H D E V E L O P M E N T P O T E N T I A L

1 7 S T H E L E N ’ S P L A C E L O N D O N E C 3

NO.1 ROYAL EXCHANGE AVENUE

1 7 S T H E L E N ’ S P L A C E

Investment Overview• A prime City of London investment with development potential.

• Located 200 metres from Crossrail Liverpool Street (operational in 2018).

• Strategically situated serving both the financial services and insurance markets, in close proximity to the creative district of Spitalfields and Shoreditch.

• Attractive period building situated within an exclusive private courtyard.

• Opportunity to create a Grade A building of circa 27,420 sq ft, subject to the necessary consents. The current floor area is 23,986 sq ft.

• Multi-let by way of five occupational leases drawn on effective FRI terms.

• Vacant possession can be achieved in September 2018, alternatively leases may be extended.

• Held by way of a headlease with c. 133 years unexpired. The Freeholder is entitled to 10.00% of rents received from underletting(s), subject to a minimum rent of £75,000 per annum.

• Approximately 60% of the building is let at just £24.41 per sq ft overall.

• Following deduction of headrent the net rental income is £670,581 per annum exclusive. This is anticipated to rise to in excess of £1.50 million upon completion of the development initiatives.

• Repositioning opportunities are well timed in the context of Crossrail.

ProposalOffers in excess of £18.00 million are invited, subject to contract, for the long leasehold interest. This reflects an anticipated yield on cost of 5.75% (when stabilised) and a capital value of £656 per sq ft on the anticipated floor area.

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TOWER 42

30 ST MARY AXE

SALESFORCE TOWER

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BANK OF ENGLAND

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THE LEADENHALL BUILDING



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100 BISHOPSGATE, EC2 Developer: Brookfield Description: 950,000 sq ft of office and retail accommodation within a 37 storey tower.Status: Majority pre-let to Royal Bank of Canada, Jefferies and

Freshfields. PC anticipated 2019.

22 BISHOPSGATE, EC2 Developer: AXA Real Estate on behalf of a consortium.Description: 1.4m sq ft in a 62 storey tower set to be the tallest building in the City. The top levels will comprise a publicly accessible viewing gallery, restaurant and bar. Status: PC anticipated 2019.

6-8 BISHOPSGATE, EC2 & 150 LEADENHALL STREET, EC3 Developer: Mitsubishi Estates & StanhopeDescription: 50-storey tower development providing 570,000 sq ft including ground floor shops and restaurants.

Status: Planning consent granted.

Local DevelopmentsA number of major developments are taking place within close proximity. These initiatives are creating substantial improvements to the public realm and are attracting world class occupiers, at market leading rents.

17 St Helen’s Place is situated in the City of London’s ‘Tower Cluster’ area. A number of major developments are taking place within close proximity. These initiatives are creating substantial improvements to the public realm and are attracting world class occupiers, at market leading rents.

HERON PLAZA, EC2 Developer: UOL GroupDescription: 43 storey tower comprising a 5-star hotel (approximately 340,000 sq ft), 120 residential apartments and retail space. A large public plaza will incorporate shops and cafes behind retained period façades.

Status: Anticipated completion 2019/2020.

70 ST MARY AXE, EC3 Developer: TH Real Estate Description: 21 storey building providing c. 310,000 sq ft of office and retail accommodation.Status: Circa 120,000 sq ft is reported to be under offer to Sidley Austin LLP. Anticipated completion 2019.

1 LEADENHALL STREET, EC3 Developer: Brookfield Description: 36 storey building with 2 levels of retail floorspace.

Status: Planning consent granted.

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$2.7 TRILLION OF FOREIGN EXCHANGE

TURNED OVER EACH DAY -

41%

OF GLOBAL

FOREIGN EXCHANGE

454,000 PEOPLE

ARE EMPLOYED

IN THE

CITY OF LONDON

LONDON METAL EXCHANGE:

75% OF ALL NON-FERROUS METAL

FUTURE BUSINESS.

IN 2015 THIS EQUATED TO $12 TRILLION NATIONAL

•4 BILLION TONNES

•170 MILLION LOTS

LLOYD’S OF LONDON: THE WORLDS SPECIALIST

INSURANCE AND

RE-INSURANCE MARKET

OPERATING ACROSS 200 TERRITORIES

THE

CITY OF LONDONESTABLISHED AD50

LONDON STOCK EXCHANGE:

300 YEARS OLD AND

RANKED FIRST

GLOBALLY IN TERMS OF INTERNATIONALITY

WITH 300 COMPANIES

FROM 70 NATIONS LISTED

GROSS WRITTEN

INSURANCE PREMIUMS

INCREASED 6%

IN 2015 TO £26.7 BILLION

251 FOREIGN BANKS

IN LONDON

530 FOREIGN

COMPANIESLISTED IN LONDON



166 - Houndsditch - local

Location17 St Helen's Place is situated in the heart of the central core of the City of London within the 'tower cluster' area. This strategically important location serves both the financial and professional services occupiers of EC2 together with the insurance and shipping occupiers traditionally associated with EC3. The property is located in close proximity of the creative and TMT districts of Spitalfields and Shoreditch.

St Helen's Place is an exclusive private courtyard situated approximately 200 metres south of Liverpool Street station. It lies equidistant from both the Bank of England and Lloyd’s of London.

30 St Mary Axe ‘The Gherkin’, The Leadenhall Building and Salesforce Tower are within a stone’s throw. These will shortly be joined by the new generation of tower buildings, noteably 100 Bishopsgate and 22 Bishopsgate, both of which are under construction.

Leadenhall Market and Devonshire Square are nearby. These vibrant destinations are crammed with restaurants, bars and eateries.

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166 - Houndsditch - local



SERVCORPMITSUBISHI PHARMA EUROPE

CADWALADER WICKERSHAM & TAFT

DEUTSCHE BANKLATHAM & WATKINS

SWISS RESTANDARD LIFE ABERDEEN

STATE BANK OF INDIA

UPON COMPLETION:-ROYAL BANK OF CANADA

JEFFERIESFRESHFIELDS

AVIVA

AON

WILLIS

LLOYD'S OF LONDON SALESFORCE.COMEMEA

BASF METALS MCDERMOTT WILL & EMERY

TRAVELERS MANAGEMENTARGO UNDERWRITING AGENCY

PINEBRIDGE INVESTMENTS

AMALGAMATED METALS CORPORATION TOWERGATE UNDERWRITING GROUP

HAMPSHIRE TRUST BANK

HBOS

LEADENHALL MARKET

DEVONSHIRE SQUARE



The Community...all within a 5 minute walk

1 7S T H E L E N ’ S

P L A C E

1 1



3MINUTES

BANK OF ENGLAND

2MINUTES

LIVERPOOL STREET STATION

2MINUTES

BROADGATE

3MINUTES

LEADENHALL MARKET

5MINUTES

FENCHURCH STREET STATION

ConnectivityThe property is located In the heart of the City of London and accordingly it enjoys superb communications. The whole of central London can be accessed via the underground network and over-land rail services.

All of London’s major airports are within an hour of the property. Services to the continent operate via Eurostar at St Pancras station, 20 minutes by taxi.

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The Elizabeth Line (Crossrail)

Approximate journey times from Liverpool Street Station

Farringdon Station 2 minutes

Canary Wharf Station 6 minutes

Bond Street Station 7 minutes

Stratford Station 8 minutes

Heathrow Airport 35 minutes

Communications will be further enhanced by the arrival of The Elizabeth Line (Crossrail) at Liverpool Street station in 2018. 17 St Helen's Place is set to be better connected than at any time in its history. The new station lies within 200 metres to the north.

The c. £15 billion Crossrail initiative is Europe’s largest infrastructure project. The services will be fully integrated with London’s existing transport network. State-of-the-art trains will bring an extra 1.50 million people to within 45 minutes of central London.

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HeathrowLuton*

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CANARY WHARF

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1 3

* Airports not on the Crossrail route - to travel to these airports passengers will need to travel on other connecting rail services

Circle

Hammersmith & City

Bakerloo

District

Northern

Piccadilly

DLR

Overground

Metropolitan

Central

Jubilee

17 ST HELEN’S PLACE



Description17 St Helen’s Place is an attractive period building dating from 1912. The property has a Portland stone façade and currently provides 23,986 sq ft (2,228 sq m) of lettable office and ancillary accommodation. Upon completion of the development initiatives the lettable floor area is conservatively anticipated to increase to circa 27,420 sq ft (2,547 sq m).

Access to the property is via a private gated courtyard. The building has an impressive reception which leads to two six-person passenger lifts.

The ground and first floors have particularly generous slab heights. Floorplates are regularly configured with excellent levels of natural daylight from both the front and the rear elevations.

There is central heating serving the entire building. Most floors have additional air cooling. There are raised floors and suspended ceilings throughout.

Fifth Offices 2,228 207.0

Fourth Offices 3,266 303.4

Third Offices 3,329 309.3

Second Offices 3,420 317.7

First Offices 3,285 305.2

Ground Offices 3,197 297.0

Ground Reception 267 24.79

Lower Ground Offices 3,315 308.0

Basement Storage 1,679 156.0

FLOOR USE AREA (SQ.FT.) AREA (SQ.M.)

TOTAL 23,986 2,228.35

AccommodationThe net internal floor areas are as follows:-

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17 ST HELEN’S place





TenureThe property is held by way of a headlease from The Leathersellers’ Company for an effective term expiring 24/03/2150 i.e. circa 133 years unexpired.

The Freeholder is entitled to 10.00% of rents received from underletting(s) at the premises, subject to a minimum rent of £75,000 per annum. The minimum rent is subject to upwards only review on 25/03/2024 and five yearly thereafter to 7.50% of the properties estimated rental value (ERV).

The Leathersellers’ also own the freehold interest in the surrounding Estate and oversee the management of St Helen’s Place which is a private road. The headlessee contributes towards an Estate service charge which is recovered from the occupiers of 17 St Helen's Place.

A summary of the headlease and service charge provision is set out in the Appendix.

0 5 10 15 20 25 30 35 40 45 50

m

00m32

53

00m33

53

533200m

53 3300m

00m1318

00m1418

181300m

181400m

5-7 St. Helen's Place EC3A 6AB

OS MasterMap 1250/2500/10000 scaleTuesday, September 5, 2017, ID: HMC-00652443www.themapcentre.com

1:1250 scale print at A4, Centre: 533213 E, 181309 N

© Crown Copyright Ordnance Survey. Licence no. 100018971

CAMOMILE STREET

SWISS REFor indicative purposes only. This plan is based upon the Ordnance Survey map with the sanction of the controller of H.M. Stationary

Office. Crown copyright reserved.

PlanningThe property is not listed, however it is situated within the St Helen’s Place Conservation Area.

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TenanciesThe property is let in accordance with the tenancy schedule set out overleaf and produces a net rental income of £670,581 per annum exclusive.

Approximately 60% of the building is let at just £24.41 per sq ft overall. The low passing rents reflect the fact that St Helen’s Place has been the subject of substantial development activity arising from the creation of a new Livery Hall and 100 Bishopsgate. Within St Helen's Place these works are ostensibly at an end,

Vacant possession of the entire building can be obtained in September 2018. Brookfield Multiplex, occupies approximately 60% of the building as a site office for its development at 100 Bishopsgate. This project is unlikely to be completed before mid 2019. A number of occupiers have contacted the landlord with a view to extending their leases.

All leases are drawn on effective full repairing and insuring terms and are excluded from the L&T Act 1954.



Tenancy ScheduleTENANT FLOOR USE AREA

(SQ.FT.)LEASE START DATE

LEASE EXPIRY DATE

PASSING RENT (£PA)

RENT (£ P.S.F)

COMMENTS

Brookfield Multiplex Construction Europe Fifth Offices 2,228 20/05/2011 24/03/2018 £348,145 £24.41 Outside 1954 Act.

Part Fourth Offices 1,427

Second Offices 3,420

First Offices 3,285

Lower Ground Offices 3,315

Basement Store 4 126



Sub Total 14,261

BMI Healthcare Ltd Part Fourth Offices 1,839 08/08/2016 07/08/2018 £97,390 £46.13 Outside 1954 Act.

Basement Store 6, 8 272

JDX Consulting Ltd Third Offices 3,329 11/12/2014 28/09/2018 £149,805 £45.00 Outside 1954 Act.

The Society of International Gas Tankers Ground (East) Offices 1,695 01/02/2016 28/09/2018 £76,275 £45.00 Outside 1954 Act.

City Career Management Ltd Ground (West) Offices 1,502 26/03/2006 25/03/2018 £68,966 £42.16 Outside 1954 Act.


Brookfield Multiplex Construction Europe Basement Store 1 190 23/07/2015 24/03/2018 £5,000 £26.32 Outside 1954 Act.

Vacant Basement Store 5, 9, 10 497 - - - - -

TOTAL 23,986 £745,581 £31.08

HEADRENT -£75,000

NET RENT £670,581

Note: Total floor area includes reception of 267 sq ft

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Development PotentialAn opportunity exists to transform 17 St Helen’s Place into a Grade A headquarters building with an additional floor of offices and re-configured floorplates.

The Freeholder is supportive of the development proposals and has recently re-geared the headlease in order to help facilitate the proposed initiatives.

Vacant possession can be achieved by September 2018. This is well timed in the context of Crossrail, which becomes operational next year.

A feasibility study undertaken by Minifie Architects has concluded that circa 3,500 sq ft (325 sq m) of lettable floorspace could be created, subject to obtaining the necessary consents.

The proposals envisage that WC’s are re-located into the rear lightwells, enhancing the floorplate configuration. A floor area gain of circa 1,615 sq ft (150 sq m) is anticipated from the initiative.

A new sixth office floor is anticipated to provide circa 1,820 sq ft (169 sq m) of net accommodation. This will have spectacular City views and could feature a private roof garden. A more substantial intervention could enable the floor area to be increased further.

Shower and changing facilities will be created within the basement for cyclists. Further information is available upon request.

17 ST HELEN’S PLACE | INITIAL DESIGN IDEAS

ReceptionRedesigned office floor

2 0 2 1



Reception

2 0


Metal scale wall tiles

Concrete floor with scale pattern Metal profile in concrete flooring Reception window





Metal profile in concrete flooring


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2 2



2 2

WC WCWC WC

LIFT LIFT

17 St Helen’s PlaceProposed 6th Floor Plan

Option 2

PRIVATE GARDENOFFICE

PROPOSED NEW SIXTH FLOOR

For indicative purposes only. Not to scale.

N

PANORAMIC VIEWS FROM NEW SIXTH FLOOR

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N


WC WCWC WC

LIFT LIFT


Option 2

OFFICE

PROPOSED FIFTH FLOOR

LIFT LIFT

17 St Helen’s Place5th Floor Plan

WCWC

OFFICE

EXISTING FIFTH FLOOR

2 4



LIFT LIFT

17 St Helen’s PlaceExisting 4th Floor Plan

WC SHOWER

KITCHEN

OFFICE OFFICE

EXISTING FOURTH FLOOR

N


WC WCWC WC

LIFT LIFT


Option 2

OFFICE

PROPOSED FOURTH FLOOR

2 5



17 St Helen’s PlaceGround Floor Plan

WCLIFT LIFT

KITCHENWC WC

ENTRANCE

ST HELEN’S PLACE

OFFICE OFFICE

EXISTING GROUND FLOOR


N

17 St Helen’s PlaceProposed Ground Floor Plan

Option 2

LIFT LIFT

WC WC WC WC

ENTRANCE

ST HELEN’S PLACE

OFFICEOFFICE

CONCIERGE

PROPOSED GROUND FLOOR

2 6



17 St Helen’s PlaceGround Floor Plan

LIFT LIFT

KITCHEN

WCWC

ENTRANCE

ST HELEN’S PLACE

VAULTS

EXISTING BASEMENT FLOOR


N

PROPOSED BASEMENTBIKE RACKS AND SHOWERSFOR CYCLISTS

DIS WC &SHOWER

LOCKERS

2 7



9-13 St Andrew Street, EC4

Sale Date: August 2017

Tenure: FH

Tenancy: Rosenblatt Solicitors

Area: 16,772 sq ft

Purchaser: Get Nice Holdings

Price: £21.0m / £1,250 psf

Yield: 3.80%

77 Cornhill, EC3

Sale Date: January 2017

Tenure: FH

Tenancy: Multi-let

Area: 28,335 sq ft

Purchaser: KanAm

Price: £28.0m / £990 psf

Yield: 4.40%

City Investment MarketPost refurbishment, 17 St Helen’s Place will be one of the best small floorplate buildings in the City of London. Small lot sizes in the central core are a rare commodity. Given its stature, the building would almost certainly appeal to owner occupiers. End users are likely to emanate from a variety of sectors including; medical (given its discrete setting), financial services and banking, insurance, brokers and charitable or regulatory bodies.

The City investment market is experiencing an acute shortage of good quality stock (small lot sizes) and strong demand, particularly from overseas investors. Prime yields have hardened to 4.00%, compared to the West End at sub 3.25%.

21 Great Winchester Street, EC2

Sale Date: July 2017

Tenure: FH

Tenancy: Multi-let

Area: 26,973 sq ft

Purchaser: Frasers Property

Price: £28.6m / £1,065 psf

Yield: 4.50%

2 8

2 Moorgate, EC2

Sale Date: November 2016

Tenure: FH

Tenancy: Brown Shipley

Area: 26,025 sq ft

Purchaser: Santalucia Seguros

Price: £33.3m / £1,280 psf

Yield: 3.70%

10-12 Eastcheap, EC3

Sale Date: September 2016

Tenure: FH

Tenancy: Multi-let

Area: 25,576 sq ft

Purchaser: Private Investor

Price: £25.7m / £1,005 psf

Yield: 4.61%

35 King Street, EC2

Sale Date: October 2017

Tenure: FH

Tenancy: Multi-let

Area: 16,311 sq ft

Purchaser: Private Investor

Price: £19.5m / £1,195 psf

Yield: 4.00%

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Recent capital transactions include:-



2 8 2 9

17 St Helen's Place is strategically situated serving both the traditional financial services district (EC2) and the insurance and shipping district (EC3). The property is also in very close proximity to the creative and TMT districts of Spitalfields and Shoreditch.

The refurbished property will appeal to a wide variety of occupiers and we expect the target audience to widen significantly when Crossrail becomes operational next year.

There has been a 28% increase in employment in the City of London over the last five years and of the 18,000 businesses located in the City, 99% are SME’s. High quality best-in-class floor plates are well placed to prosper as occupiers recognise that the core city area provides excellent value for money in a central London context.

Demand

• Take-up at the end of Q3 2017 totalled 1.58m sq ft.

• Best-in-class buildings continue to prove most popular for discerning tenants across all sectors.

• Total active demand rose by 3% in the last quarter to 4.78m sq ft, 17% above the long-term average.

Availability

• City availability fell by 11% in the last quarter to 7.87m sq ft. This remains below the long-term average of 9.35m sq ft.

• At the end of Q3 2017 supply stood at 8.06m sq ft, a reduction of 8.8% from the previous quarter.

• Supply remains well below the long-term average of 9.38m sq ft.

• The current vacancy rate in the City is 6.7%, well below the long-term average of 8%.

Rents

• Prime headline rents remained stable at £70.00 per sq ft for the seventh consecutive quarter.

City Occupational Market



City Occupational MarketRecent leasing transactions include:-

17 Devonshire Square, EC2

Date: Under Offer

Floor: 3rd

Size (sq ft): 3,717

Reported Rent (£ psf): £65.00

Term: 10 years

Tenant: Confidential

41 Eastcheap, EC3

Date: July 2017

Floor: 4th

Size (sq ft): 3,388


Term: 10 years

Tenant: NGUKPS

21 Lime Street, EC3

Date: May 2017

Floor: 1st-7th

Size (sq ft): Average 4,800

Reported Rent (£ psf): £71.00-£82.50

Term: 15 years

Tenant: Antares

140 Leadenhall Street, EC3

Date: Under Offer

Floor: 5th

Size (sq ft): 3,500


Term: 5 years

Tenant: Confidential

5 St Helen's Place, EC3

Date: Aug 2017

Floor: 1st

Size (sq ft): 3,834


Term: 10 years

Tenant: Correlation Risk Partners

The Steward building, EC2

Date: June 2017

Floor: Part 2nd

Size (sq ft): 3,456


Term: 10 years

Tenant: Ronin Capital

1 George Yard, EC3

Date: Sept 2017

Floor: 3rd

Size (sq ft): 2,700


Term: 10 years

Tenant: BIE Executive

42 New Broad Street, EC2

Date: July 2017

Floor: 4th

Size (sq ft): 3,592


Term: 10 years

Tenant: United Elliot

77 Cornhill, EC3

Date: May 2017

Floor: 3rd

Size (sq ft): 3,414


Term: 10 years

Tenant: Aquis Exchange

3 0



3 0

ProposalOffers in excess of £18.00 million are invited, subject to contract, for the long leasehold interest. This reflects an anticipated yield on cost of 5.75% (when stabilised) and a capital value of £656 per sq ft on the anticipated floor area.

Further InformationFor further information please contact:-

Douglas Hall Tel: +44 (0)20 7100 [email protected]

Capital AllowancesNo capital allowances are available.

EPCThe property has an EPC of D96.

VATThe property is elected for VAT. It is anticipated that the transaction will be structured as a Transfer of a Going Concern (TOGC).

3 1



Appendix – Headlease Summary Landlord

The Leathersellers’ Company.

Demise

17 St Helen’s Place, London, EC3.

Term

An effective term expiring 24/03/2150.

Repair

The lease is granted on full repairing and insuring terms. The Tenant

covenants to keep the premises in good and substantial repair and

condition.

Decoration

The Tenant covenants to redecorate the exterior every four years

and the interior every six years, and in each instance, during the last

six months of the term.

Yielding Up

At the expiration or determination of the Term, the Tenant covenants

to yield up in good and substantial repair.

Insurance

The Tenant insures in the joint names of the Landlord and the Tenant.

The policy is to cover the full reinstatement cost of the premises,

four years loss of rent and liabilities in respect of the property

owners and third party risk.

Use

High class offices (Class B1) or medical offices and consulting rooms

(Class D1).

Alterations / Development

External and internal structural alterations or addition to the

premises requires the Landlord’s consent (not to be unreasonably

withheld or delayed).

The Landlord is supportive of the propsed development initiatives.

Alienation

Assignment of part is prohibited.

Assignment of the whole and underletting(s) of the whole or part

require Landlords consent, not to be unreasonably withheld.

There are no restriction as to the number of underlettings.

Rent

The Landlord receives the greater of the Base Rent (currently

£75,000 per annum) and 10.00% of Rental Income derived from the

premises during a Rent Period. This additional sum is expressed as

‘The Supplementary Rent’.

A Rent Period is defined as one year commencing 25th March.

Rental Income is defined as the total income of whatsoever nature

received by the Tenant in respect of the Premises during a Rent

Period, including (but without limitation), the following:-

• AnyTenant’sRent;

• Anyinterestrecoveredpursuanttoanyprovisioncontainedinany

occupationallease;

• AnysumorsumsrecoveredbytheTenantpursuanttoany

insurance policy in respect of loss of income in the event of the

Premises being damaged or destroyed.

The ‘Supplementary Rent’ is reconciled quarterly in arrears.

The Base Rent is reviewed upwards only on 25/03/2024 and five

yearly thereafter to 7.50% of the Rental Value of premises.

Rental Value is defined as the yearly rack rent after expiry of

whatever rent free period would reasonably be agreed in the open

market at the relevant date, between a willing landlord and a willing

tenant, for fitting out purposes, or receipt by the willing tenant of a

capital sum in lieu thereof.

The premises are deemed to be let in whole or part, by way of a

lease or leases for such a term in accordance with the then market

practice.

No account is taken of improvements carried out by any under

tenant and which the Tenant is not entitled itself to take into account.

No account is taken of any goodwill.

Occupation by the Tenant

If at any time during the term the Tenant or any Group Company

occupies the premises (part or whole), the part occupied will be

treated as notionally underlet. There will be an assessment of

rental value and that will be deemed to be payable quarterly for the

purposes of calculating the Supplementary Rent.

St Helen's Place Service Charge

The Headlease provides for a service charge contribution in respect

of St Helen's Place. This covers the repair, maintenance and renewal,

cleaning and lighting of the private road. It also covers the provision

of porters and insurance.

The current contribution is £16,151 per annum. The Headlessee

recovers this sum from the occupational tenants. Service charge is

payable on account quarterly and reconciled annually.

Further information is available upon request.

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MISREPRESENTATION ACT 1967 AND DECLARATION

Hall Kemp (trading name of HK Property Services Ltd) for themselves and for the vendors of this property who agents they are give notice that: a) the particulars are set out as general outline only for the guidance of intending purchaser’s and do not constitute, not constitute part of, or an offer or contract b) all descriptions, dimensions, references or condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchaser’s should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of them c) no person in employment of Hall Kemp (trading name of HK Property Services Ltd) has any authority to make or give any representation or warranty whatever in relation to this property.

PROPERTY MISDESCRIPTION ACT 1991

These details are believed to be correct at the time of compilation but may be subject to subsequent amendment.

November 2017.

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17 ST HELEN’S PLACE LONDON EC3 - Hall Kemphallkemp.com/uploads/20171113162149257393017 St Helen's Place, E… · prime city of london investment with development potential 17 st