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4 6 9 OX F O R D ST R E E TL O N D O N W 1
A N I C O N I C R E TA I L L O C AT I O N
4 6 9 OX F O R D ST R E E TL O N D O N W 1
T H E O P P O RT U N I T Y
– A unique, 9,000 sq ft flagship, opportunity for retailers to secure prime space within the world renowned Oxford Street.
– Located diagonally opposite Selfridges; one of the world’s most famous department stores.
– North of Mayfair & West of New Bond Street.
– A location for an International flagship store within the iconic Park House.
– 3 level trading with impressive visibility to Oxford Street.
– A rare opportunity to position your brand alongside other, successful, international retailers.
– Protected lease available within the security of tenure provisions of the Landlord & Tenant Act 1954.
Oxford Street is ranked as the most important retail location in the UK and the busiest shopping street in Europe attracting over half a million daily visitorsLondon’s street family: Theory and case studiesTransport for London
The heart of London’s shopping and style providing over 300 boutiques and shops, department stores, luxury hotels, and fine restaurants.
1 . 5 M I L E S O F S H O P P I N G
4 6 9 OX F O R D ST R E E TL O N D O N W 1
HYDE PARK PLACE
ED
GW
AR
E R
OA
D
PAR
K L
AN
E
PA
RK
LA
NE
PA
RK
ST
RE
ET
AU
DL
EY
ST
RE
ET
BA
KE
R S
TR
EE
T
MA
RY
LE
BO
NE
HIG
H S
TR
EE
TSEYMOUR STREET
WESTWAY
RE
GE
NT
ST
RE
ET
H Y D E
P A R K
GREENPARK
REGENT’SPARK
OXFORD STREET
MARYLEBONE ROAD
MARBLEARCH
PADDINGTONSTATION
EDGWAREROAD
BAKERSTREET
REGENT’SPARK
GREAT PORTLAND
STREET
LANCASTERGATE
BONDSTREET
ELIZABETH LINE(2018)
OXFORDCIRCUS
ELIZABETH LINE(2018)
GREENPARK
HYDE PARKCORNER
MARYLEBONE
Between Bond Street Underground Station & Marble Arch. Both Stations provide an annual footfall of 53.64 million.
LO C AT I O N
4 6 94
5
3
1
1
2
2
4
5
3
4 6 9 OX F O R D ST R E E TL O N D O N W 1
Crossrail is projected to increase the rail capacity in London by 10% bringing another 1.5 million people within 45 minutes of the capital (Source: Crossrail.co.uk)
Primark’s in-store footfall is reportedly c.6 million per annum
“Marble Arch Place” comprises retail & leisure including 95,000 sq ft of offices and 54 high end apartments (Completion 2020)
New 2,000 bedroom “Hard Rock Hotel” and public realm improvements leading into The Portman Estate
Hyde Park has 13 million visits per annum
Generating retail turnover of £8.8 billion per annum. (Source: NWEC)
2 0 0 M V I S I TO R S A Y E A R
(Source: TFL 2016)
4 6 9 OX F O R D ST R E E TL O N D O N W 1
Bond Street(Hanover Square)
2 minutes walk
Piccadilly
Tottenham Court Road
1 minute
Northern
Central
Liverpool Street
7 minutes
Hammersmith & City
Circle
Northern
Metropolitan
Central
Canary Wharf
13 minutes
Jubilee
DLR
Slough31 minutes
Maidenhead40 minutes
Reading52 minutes
Paddington3 minutes
Bakerloo
Central
District
Hammersmith & City
Heathrow27 minutes
The first Crossrail services through central London will start in late 2018 – an estimated 200 million annual passengers will use Crossrail.
The Elizabeth line Bond Street station will help improve accessibility and increase capacity at one of the busiest shopping districts in the UK to accommodate over 225,000 people using the Jubilee, Central and Elizabeth lines daily.
Crossrail will bring an extra 1.5 million people to within 45 minutes of central London
2 MINUTE WALK AWAY
M O R E T H A N 6 0 F L AG S H I P STO R E S
4 6 9 OX F O R D ST R E E TL O N D O N W 1
S E L F R I D G E S
PA R K H O U S E
W E ST O N E
M AY FA I RM A R K S & S P E N C E R
ST C H R I STO P H E R ’ S P L AC E
BOND STREETBOND STREET
MARBLE ARCH
BOND STREET
OXFORD CIRCUS
4 6 9 OX F O R D ST R E E TL O N D O N W 1
CROSSRAIL
TAG H
EUER
FOOTLOCKER
MARBLE ARCH
BOND STREET
Marble ArchPlace
Hyde Park
The Hard Rock
Hotel
Primark
To be
Adidas
M&S
Selfridges
ELIZABETH LINE
ELIZABETH LINE
4 6 9 OX F O R D ST R E E TL O N D O N W 1
4 6 9 OX F O R D ST R E E TL O N D O N W 1
G OA D
Basement
3,101 sq ft / 288 sq m
Ground
3,271 sq ft / 304 sq m
First
2,916 sq ft / 271 sq m
The subject premises is arranged over ground, basement and first floors, providing the following approximate dimensions and net internal trading floor areas:
Not to scale. Indicative only
4 6 9 OX F O R D ST R E E TL O N D O N W 1
DimensionsNet Frontage 34 ft 3 in 10.44 m
Internal Width 38 ft 4 in 11.68 m
Shop Depth 102 ft 2 in 31.14 m
Trading Floor AreasGround Floor 3,271 sq ft 304 sq m
Basement 3,101 sq ft 288 sq m
First Floor 2,916 sq ft 271 sq m
Total 9,288 sq ft 863 sq m
Floor to Ceiling Heights (Ground Floor)Shop Front 15 ft 9 in 4.79 m
Internal 11 ft 9 in 3.57 m
AC C O M O DAT I O N
A WORLD CLASS RETAIL OPPORTUNITY
Thesubjectpremiseisarrangedoverbasement,groundandfirstfloor,providingthefollowingapproximatedimensionsandnetinternalfloorareas:
ThepropertyisavailablebywayofanexistingeffectiveFullRepairing&InsuringLeaseexpiring23rdJune2027,withthenextrentreviewon24thJune2017and5yearlythereafter.TheleaseiscontactedinsidetheSecurityofTenureandCompensationProvisionoftheLandlord&TenantAct1954,PartII.
Furtherinformationavailableonrequest. PleasecontactagentsforCADplans
Basement GroundFloor FirstFloor
NetFrontage 34ft3in 10.44m
InternalWidth 38ft4in 11.68m
ShopDepth 102ft2in 31.14m
GroundFloor 3,271sqft 304sqm
Basement 3,101sqft 288sqm
FirstFloor 2,916sqft 271sqm
Total 9,288 sq ft 863 sq m
HeadHeight(GroundFloor)
ShopFront 15ft9in 4.79m
Internal 11ft9in 3.57m
Accommodation Floor Plans
Lease Terms
Available by way of an assignment
A WORLD CLASS RETAIL OPPORTUNITY
Thesubjectpremiseisarrangedoverbasement,groundandfirstfloor,providingthefollowingapproximatedimensionsandnetinternalfloorareas:
ThepropertyisavailablebywayofanexistingeffectiveFullRepairing&InsuringLeaseexpiring23rdJune2027,withthenextrentreviewon24thJune2017and5yearlythereafter.TheleaseiscontactedinsidetheSecurityofTenureandCompensationProvisionoftheLandlord&TenantAct1954,PartII.
Furtherinformationavailableonrequest. PleasecontactagentsforCADplans
Basement GroundFloor FirstFloor
NetFrontage 34ft3in 10.44m
InternalWidth 38ft4in 11.68m
ShopDepth 102ft2in 31.14m
GroundFloor 3,271sqft 304sqm
Basement 3,101sqft 288sqm
FirstFloor 2,916sqft 271sqm
Total 9,288 sq ft 863 sq m
HeadHeight(GroundFloor)
ShopFront 15ft9in 4.79m
Internal 11ft9in 3.57m
Accommodation Floor Plans
Lease Terms
Available by way of an assignment
TenureThe property is available by way of an assignment of the existing effective FRI lease expiring 23rd June 2027.
The lease is contracted inside the security of tenure & compensation provisions of the L&T Act 1954.
The next rent review is in June 2022 subject to annual RPI Indexation (capped at 12.5% over 5 year period).
Sub-LeaseThe property is also available by way of a sub-lease. Further information available upon request.
RentThe current passing rent is £1,743,750 per annum exclusive.
IncentivesIncentives available subject to covenant
RatesWe understand from the Valuation Office Agency that the Rateable Value for the property is £1.63m and the rates payable in 2018 will be £695,000 (this figure takes into account transitional rate relief). The Uniform Business Rate for 2018/2019 is 51.3p. Interested parties are advised to make their own enquiries with the local authority for verification purposes.
EPCAn Energy Performance Certificate is available upon request.
4 6 9 OX F O R D ST R E E TL O N D O N W 1
T E R M S
Paul Souber +44 20 7344 6870 [email protected]
Peter Flint +44 20 7344 6596 [email protected]
Misrepresentation Act 1967: Colliers international gives notice that these particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending purchasers, lessees or third party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by colliers international has any authority to make any representation or warranty whatsoever in relation to this property. Colliers international is the licensed trading name of colliers international central London UK LLP which is a limited liability partnership registered in England and Wales with registered number oc391630. Our registered office is at 50 George Street, London W1U 7GA.
S09918 | April 2018 | Siren | +44 (0)20 7478 8300 | sirendesign.co.uk
Viewing ArrangementsStaff are totally unaware of impending disposal. All appointments to view must be arranged via sole agents: