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October 2010 – Subject to contract LKR Portfolio
Location
Paris 1st Arrondissement.
On the right bank of the Seine, the property is positioned on the western end of quai du Louvre, close
to the Louvre and Ile de la Cité.
Immediately opposite are “Les Bouquinistes” (book vendors by the Seine) and adjacent is the
wonderful art deco former Samaritaine department store, currently awaiting major redevelopment.
Jardin des Tuleries, Hotel de Ville, Palais Royal and Notre Dame are world famous attractions in the
neighbourhood.
Steady pedestrian flows of tourists and locals along the quay side in front of the property.
Metro-RER links include: Louvre Rivoli (M1), Pont Neuf (M7), Chatelet (RER A,B,D).
Description
Café/restaurant with Licence 1V on a ground floor of 45m² and a basement of 53m² suitable for
kitchen (with full extraction), storage and toilet facilities. The window frontage to the street of 5m
reflects the size and shape of the property, allowing the trader to open onto the street facilitating
outdoor seating and profile.
Tenancy
Tenant: Le Grand Mechant Louvre, a kosher eatery drawing its custom from kosher diners, shoppers
and local office workers and especially from the passing volumes of tourists. The entire premises has
been renovated and designed as an efficient, high volume restaurant and to benefit from its location
on the route between the Louvre and Notre Dame. The tenant already successfully operates the l’Inte
Café, an established and reputable “haut de gamme” Italian (kosher) restaurant on rue Cambaceres
in the 8eme arrondissement, beside the French Interior Ministry.
Website: www.123cacher.com/en/kosher_restaurant/grand-mechant-louvre.html
Fonds de Commerce: €88,000 March 2009.
Lease: 3/6/9 from 15th May 2008.
Rent : €76,193 pa for the year to 15th May 2011.
24 quai du Louvre 75001
October 2010 – Subject to contract LKR Portfolio
Location
Paris 2nd Arrondissement.
The property is strategically positioned where the Bonne Nouvelle, Palais Royal and Vivienne quarters meet. It sits
at the apex of rue and place des Petits Pères, rue de la Banque, rue la Feuillade and rue des Petits Champs and
diagonally opposite two entrances to the famous Galerie Vivienne.
Place and rue des Petits Pères link the Etienne Marcel and Place des Victoires fashion boutiques area to Les
Jardins du Palais Royal which attract Parisians and tourists alike.
The shop faces the façade of Banque de France and is close to the Bibliotheque Nationale which between them
employ several thousand workers who eat and shop in the immediate area.
Adjacent retailers include Cyrillus, Yannick Vincent Orchideiste, CIC, Esprit, Maison Bleue, Hartford, Kenzo, Hello
Kitty, and Credit du Nord. Facing the property is Legrand et Fils (renowned wine retailer) and the many other
destination retailers and restaurants of the Galerie Vivienne.
Metro-RER links include: Pyramides (M7,14), Bourse (M3), Opera (RER A, M3,8,7).
Description
A contemporary retail/ showroom operation arranged within a traditional Parisian retail premises.
Sitting at the foot of an imposing building, this retail outlet will have a ground floor trading area of 82m² with high
ceilings and an open-plan layout. An “open” stairs will lead to an excellent retail/ showroom basement of 79m²,
again with high ceilings and open-plan layout.
Because of its position at the apex of three streets, the total frontage is 30m and combined with its unusually high
façade creates a very bright and imposing interior and exterior, providing its tenant exceptional presence and
profile to the passing pedestrian and vehicular traffic.
Tenancy
Tenant: DEBBAS are global leaders in the design, manufacture and installation of lighting products and technology
for large scale projects.
Website: www.debbas.com
Lease: 6/9 from 1st August 2010. 6 months rent free from 1st August 2010.
Rent: €96,000 pa for the year to 31st July 2011.
2 rue des Petits Pères 75002
October 2010 – Subject to contract LKR Portfolio
Location
Paris 4th Arrondissement.
The property is strategically positioned on the angle of rue des Deux Ponts and rue Saint Louis en l’Ile,
the primary crossroads at the heart of the Ile de Saint-Louis.
Next door is Berthillon, Paris’s most famous ice cream shop. The island features many small but long
established shops (fromagerie LeFranc, boulangerie Martin, boucherie Gardil), restaurants (Mon Vieil
Ami, La Charlotte de l’Ile) and bar/ brasseries (Louis 1X, Brasserie de l’Ile, l’Escale).
Multiple retailers on either street including La Poste, Societé Generale, Nicolas, L’Occitane, Pylones,
Amorino, Oliviers & Co. and Cacao et Chocolat.
Metro-RER links include: Pont Marie (M7), Saint Paul (M1), Chatelet (RER A,B,D, M1,4,7,11,14).
Description
Traditional boutique with ground floor and basement retail areas of 30m² each and window frontage of
3m, entirely renovated to a very high standard.
Tenancy
Tenant: Les Gourmands de l’Ile, salon de the, saladerie, creperie and glacier. The tenant has three
further food and restaurant businesses in Paris – Le Reminet, Les Gourmands de Notre Dame and
Comptoir du 5eme which are located together in the 5th Arrondissement on rue des Grands Degres,
near Notre Dame.
Website: www.lereminet.com
Lease: 3/6/9 from 21st July 2006.
Rent : €54,306 pa for the year to 20th July 2011.
52 rue Saint-Louis en l’Ile 75004
October 2010 – Subject to contract LKR Portfolio
Location
Paris 4th Arrondissement.
Rue de Rivoli is one of Paris’s most well know commercial streets and runs from the Saint Paul area to Place
de la Concorde. No. 16 is situated at the Saint Paul end, immediately adjacent to the Saint Paul metro and
surrounded by the densely populated Marais district.
Many major department stores and international brands, l’Hotel de Ville, the Louvre and the Tuileries gardens
all front on to different sections of rue de Rivoli. Retailers in the immediate vicinity of no. 16 are Pier Import,
Alain Afflelou, SFR, Orange, Optique 2000, CCF, Nocibe (adjoining) and LCL Credit Lyonais (adjoining).
Rue du Roi de Sicile to the rear leads further into the fashionable Marais and the street is seeing the gradual
opening of small destination stores and sole traders.
Metro-RER links include:Saint Paul (M1), Hotel de Ville (M1,M7), Chatelet (RER A,B,D)
Description
Ground floor shop of 63m² with a directly connected cave of about 10m² and dual frontage to rue de Rivoli
(3m) and rue du Roi de Sicile (5m). Currently trading onto rue de Rivoli but with a shopfront in place on rue
de Roi de Sicile it has the potential to trade as one or two separate units onto both streets. The layout and
excellent headroom suit the current prêt a porter operation but would facilitate many other uses.
Tenancy
Tenant: Elha - prêt a porter femme.
Lease: 3/6/9 lease expiring 31st May 2008. Notice has been served on the tenant who has claimed renewal
rights.
Rent: €43,548 pa (rent passing since the year to 31st May 2008).
16 rue de Rivoli 75004
October 2010 – Subject to contract LKR Portfolio
Location
Paris 5th Arrondissement.
Rue Saint-Jacques runs parallel for its entire length with Boulevard Saint-Michel, connecting Ile de la Cite
(Notre Dame) with the junction of Boulevard Port Royal and Boulevard du Montparnasse. It crosses
Boulevard Saint Germain near the property and Metro Cluny-La Sorbonne.
Number 5 is situated on an extremely busy section of the street, opposite the famous Eglise Saint Séverin
and on the pedestrian, tourist and student routes from Notre Dame to the Latin quarter and La Sorbonne.
The immediate neighbourhood has therefore many tourist oriented businesses such as food, souvenirs,
foreign currency and travel services.
Metro-RER links include: Saint-Michel-Notre-Dame (M4, RER B, C), Cluny-La-Sorbonne (M10).
Description
Total ground floor area of 51m² and 53m² of usable storage space at first basement level (there is a second
basement level), with a 7m street frontage.
The entire building was entirely renovated in 2009 to provide 5 top of the range apartments as well as the
retail unit. Consequently the property features a new façade and a modern shell finish ready to take any
tenant fit out.
Tenancy
Tenant: Koutchi is the second outlet of a family run antique jewellery and clothes business. The original
boutique has been operating successfully for 10 years at 14 rue de Fourcy in the Marais. The tenant has
fitted out the premises to a high standard.
Lease: 3/6/9 from 25th September 2008.
Rent : €50,367 pa for the year to 25th September 2011.
5 rue Saint Jacques 75005
October 2010 – Subject to contract LKR Portfolio
5 rue du Vieux Colombier 75006
Location
Paris 6th Arrondissement.
The property is positioned on the section of this established shopping street which connects Place
Saint-Sulpice to rue de Rennes. The area is universally accepted as one of Paris’s top retailing
locations with the stretch of rue de Rennes approaching Boulevard Saint-Germain considered by many
to be the city’s best fashion comparison shopping destination.
Well known brands trading nearby are Bill Tornade, Marionnaud, Ernest, Agnes B, Esprit, YSL, Herve
Chepalier, Miki House, Vilebrequin (adjoining) and Zadig & Voltaire (adjoining).
Metro-RER links include: Saint-Sulpice (M4), Saint-Germain-des-Pres (M4), Mabillon (M10), Rennes
(M12), Luxembourg (RER B), Saint-Michel-Notre-Dame (RER B, C) .
Description
Ground and first floor boutique forming, with the adjoining Vilebrequin shop, the retail element of a
prominent corner building. The property has 25m² on ground and 23m² on first floor. It is fitted out and
presented internally to the highest trade standards for a women's fashion brand. The façade and
signage feature the simple but strong street-side image of Sud express.
Tenancy
Tenant: Sud Express is a young women's clothing brand 100% owned and managed by the Ginger
Group. Established in 1977 and headquartered in Paris with over 80 shops in France and 30 further in-
store operations and overseas outlets, in July 2010 it acquired a further 20 shops formerly operated by
Olivier Strelli and Formes including 5 rue de Vieux Colombier.
Website: www.sudexpress.com
Fonds de Commerce: €100,000 July 2010.
Lease: 6/9 from 31st May 2006.
Rent: € 79,197 for the year to 31st May 2011.
October 2010 – Subject to contract LKR Portfolio
11 rue Boétie 75008
Location
Paris 8th Arrondissement.
The property is positioned on the busier side of rue la Boétie, close to the major axis of Place St Augustin. At
this intersection, Boulevards Hausmann and Malesherbes cross and throughout the day there are steady
pedestrian flows in front of the shop to and from the many offices and apartments in the district.
Well known brands trading nearby are Monoprix, HSBC, Bertier, Grange, Bruce Field and Picard.
Metro-RER links include: Saint-Augustin (M9), Miromesnil (M9,M13), Auber (RER A).
Description
Boutique with ground floor of 52m², and a good sized basement of 46m² suitable for storage and ancillary retail
space with toilet. Headroom on both levels is excellent. The window frontage to the street of 5m is ideal for the
size and shape of the shop.
Tenancy
Tenant: Diego, an established prêt a porter men's clothing business and part of the JSA Diffusion Group with
outlets on the Champs Elysées and rue de Berri. Significant renovation and fit out works have been carried out
to create a high quality shop.
Lease: 6/9 from 3rd April 2009.
Rent: €60,000 pa from 3rd April 2011. Step rent of €55,000 pa for the year to 3rd April 2011.
October 2010 – Subject to contract LKR Portfolio
Location
Paris 10th Arrondissement.
Avenue Parmentier is a strong, commercial street connecting the 10th and 11th Arrondissements at its
intersection with rue du Faubourg du Temple.
The property is within a few doors of this strategic junction and immediately adjacent to Goncourt Metro, a
busy station serving a large local middle class apartment population.
Nearby is the landmark Place de la Republique and Canal Saint Martin, now established as one of the city’s
trendiest places to live and shop.
Metro-RER links include: Goncourt (M11), Gare du Nord (RER B,D).
Description
Ground floor boutique of 64m² with a basement cave of about 10m² and 8m window frontage.
Tenancy
Tenant: Ria France, a subsidiary of Ria Financial Services which is part of the Euronet Worldwide Group.
Ria Financial Services is the 3rd largest global money transfer company. The tenant has entirely renovated
and fitted out the façade and interior to provide a high quality financial services outlet.
Website: www.riafinancial.com or www.euronetworldwide.com
Lease: 3/6/9 from 15th September 2007.
Rent: €45,730 for the year to 15th September 2011.
139 avenue Parmentier 75010
October 2010 – Subject to contract LKR Portfolio
Location
Paris 12th Arrondissement.
Avenue Daumesnil is one of Paris’s longest avenues straddling the 11th and 12th Arrondissements
and stretching from close to Bastille and Gare de Lyon eastwards to the Peripherique.
No. 184 is situated in a commercial district, close to the Metro Daumesnil and Place Felix Eboué
where a blend of local product and service providers target the residential population at the heart of
the 12th Arrondissement. Adjacent retailers include ASSU 2000, Alain Affelou, CIC bank, Myrial, La
Poste and Frank Provost.
Metro-RER links include: Daumesnil-Felix Eboué (M6, M8), Nation (RER A).
Description
Total ground floor area of 85m² with an imposing 8m street frontage. The property offers flexible
accommodation for a range of occupiers and is particularly suitable for a services business such as
a bank or insurance brokerage requiring a front showroom/public area supported behind by staff and
client meeting rooms.
Tenancy
Tenant: The property is let to Caisse d’Epargne, France’s number two banking group following its
merger in early 2009 with Banque Populaire to form Groupe BPCE. The property has been
extensively renovated and fitted out to modern banking standards.
Website: www.groupe.caisse-epargne.fr
Lease: 3/6/9 from 1st February 2008.
Rent: €57,415 pa for the year to 1st February 2011.
184 Avenue Daumesnil 75012
October 2010 – Subject to contract LKR Portfolio
Location
Paris 14th Arrondissement.
Rue du Lunain is a mid-market residential street in the heart of the 14th Arrondissement.
The property is situated in a parade of shops at rue du Lunain’s junction with rue d’Alesia, the
district’s main commercial street and pedestrian route to the metro at Place d’Alésia, 200 m away.
Metro-RER links include: Alesia (M4), Denfert Rocherau (M4, M6, RER B).
Description
Retail property with directly connected basement storage area and rear access to inner courtyard
and toilet.
The ground floor comprises 29m², with a basement of 13m² and street frontage of 3.5m.
Tenancy
Tenant: BHNV Depannage – the property is used as reception and sales offices for a building
services company with branches in the 9th and 14th Arrondissements.
Lease: 3/6/9 from 1st September 2010.
Rent : €10,000 pa for the year to 1st September 2011.
3 rue du Lunain 75014
October 2010 – Subject to contract LKR Portfolio
Location
Paris 16th Arrondissement.
Rue de la Pompe is a recognised shopping street in the north of the 16th arrondissement and
bisects this mature up-market residential area. It is also a prestigious business and shopping
district. Nearby is Place Jean Monnet and Avenue Victor Hugo which stretches from l’Etoile to
Bois de Boulogne.
The property is on the traditionally less busy section of rue de la Pompe but new retailers are
opening there since the established retail pitch has crossed place Jean Monnet.
Retailers trading immediately adjacent are Biguine (coiffure), A Toutes les Filles (prêt a porter),
Francis Lelouche (optician), BCP (banque), and Strada Di Roma (chaussures) and very
recently opened are AXA, Maje, Point Soleil and Boucherie Coco.
Metro-RER links include: Victor Hugo (M2), Rue de la Pompe (M9), Etoile (RER A).
Description
Ground floor boutique of 39m² with basement of 14m². 4m window frontage to street. 3.5m
headroom. Rectangular shape with toilet and canteen facilities in basement.
The tenant has carried out a high quality renovation of the entire shop including the installation
of a reinforced glazed/ anodized façade with inbuilt public/ staff security doors and a cash
distributor lobby. The tenant is obliged on departure, if requested to do so by the landlord, to
carry out reinstatement works in accordance with a schedule attached to the lease. This
includes a standard retail shop front.
Tenancy
Tenant: Banque d’Escompte. The tenant is a private bank with a 13 Boulevard Hausmann HQ.
It offers full banking and investment services, approved and regulated by the Banque de
France. This branch is one of it's busiest and provides banking and money transfer services.
Website: www.escompte.com
Lease: 3/6/9 from 27th March 2007 - The tenant has the option to break the lease anytime
between 27 March 2010 and 26 March 2013 subject to six months notice and the payment of a
four month rent penalty.
Rent: €48,478 pa for the year to 27th March 2011. The rent cannot go below this level for the
duration of the break option period.
140 rue de la Pompe 75016
October 2010 – Subject to contract LKR Portfolio
Location
Paris 17th Arrondissement.
The property is strategically positioned on an upmarket residential street, rue Gustave Doré, close
to it’s junction with Avenue Wagram and beside a pharmacy, école maternelle, maternity clinic and
abundant professional offices for advocates etc.
Metro-RER links include: Wagram (M3), Pereire (M3), Etoile (RER A).
Description
Ground floor bar/ restaurant/ kitchen and toilet area of 40m² and a basement/cellar of 20m²
The property benefits from food preparation and full extraction facilities under Licence 1V.
Tenancy
Tenant: Ô Argoselo, a 30 seat restaurant that was extensively renovated in 2006 and refitted and
furnished in early 2009. It operates as a Churrascaria or Portuguese barbecue and is popular with
the local Portuguese population as well as people in the many legal offices, schools and hospitals
on Gustave Doré and the surrounding streets.
Fonds de Commerce: €175,000 December 2008.
Lease: 3/6/9 from 1st June 2006.
Rent : €24,438 for the year to 1st June 2011.
2 rue Gustave Doré 75017
October 2010 – Subject to contract LKR Portfolio
Location
Paris 17th Arrondissement.
Avenue des Ternes is a recognised Paris commercial avenue and connects Place des Ternes at
Avenue Wagram to Porte des Ternes at the Peripherique. It is a long wide avenue with a focal point
signified by the landmark FNAC store at the junction of Avenues Ternes, Niel and Mac-Mahon.
The avenue features national and international brands including FNAC, GAP, Rodier, Descamps,
Paul, Kookai, Grand Optical and LCL as well as the food market at Rues Bayen and Poncelet.
Near the property is a blend of local product and service providers as well as established brand
retailers (SFR, Alain Afelou, Credit du Nord, Marionnaud) whose presence is noticeably increasing
due to the difficulty to secure or pay for positions adjacent to the FNAC pitch.
Metro-RER links include: Ternes (M2), Argentine (M1), Etoile (RER A).
Description
Ground floor shop of 47m² with a directly connected basement of 45 sq m and 11m of valuable and
high profile frontage on Avenue des Ternes.
The shop has excellent physical attributes, ideal for the current and a wide range of alternative
occupiers. It features a full glass façade with a central automatic sliding door. There is a high ceiling
with air handling and spot lighting.
Attractive stairs lead to a well appointed basement suitable for ancillary retailing, plus kitchen and
toilet facilities.
Tenancy
Tenant: Bose franchisee who has 5 outlets in Paris with agencies also for Bang & Olufsen and
Loewe.
Website: www.bosefrance.com
Lease: 3/6/9 from 26th November 2007.
Rent : €87,668 pa for the year to 26th November 2010.
72 Avenue des Ternes 75017
October 2010 – Subject to contract LKR Portfolio
25 rue Caulaincourt 75018
Location
Paris 18th Arrondissement.
Rue Caulaincourt borders the Montmartre district and is a gateway to this established residential,
shopping, market, cultural (Place du Tertre) and religious (Sacré Coeur) tourist area. It is a strategic two
way traffic route linking the middle of the 18th to the 8th, 9th and 17th Arrondissements at Place de Clichy.
The property is on a residential section of the street close to rue Lepic, Montmartre cemetery and Place de
Clichy.
Metro-RER links include: Lamarck Caulaincourt (M12), Abbesses (M12), Gare du Nord (RER B, D).
Description
Ground floor boutique of 14m² with a basement of 9m², plus a 3.5m window frontage.
Tenancy
Tenant: Abbesses Action Assistance trading as One More (ladies fashion accessories) who also have two
other outlets in the Montmartre District.
Lease: 3/6/9 from 10th July 2009.
Rent : €11,137 for the year to 10th July 2011.
October 2010 – Subject to contract LKR Portfolio
Location
Paris 18th Arrondissement.
Rue Caulaincourt borders the Montmartre district and is a gateway to this established
residential, shopping, market, cultural (Place du Tertre) and religious (Sacré Coeur) tourist
area. It is a strategic two way traffic route linking the middle of the 18th to the 8th, 9th and 17th
Arrondissements at Place de Clichy.
The property is on a section of the street close to rue Lamarck, Avenue Junot (famous and
expensive houses) and the busy Lamarck-Caulaincourt metro station.
Metro-RER links include: Lamarck Caulaincourt (M12), Gare du Nord (RER B, D).
Description
Ground floor boutique of 40m² with a basement of 15m², plus 7m street window frontage.
Tenancy
Tenant: Guy Hoquet, founded in 1994 and now France’s third largest estate agency chain with
580 branches. The ownership of Guy Houquet is controlled since 2006 by the publicly quoted
Nexity group which is in turn 40% owned by Caisse d’Epargne, now France’s second banking
group following its merger in early 2009 with Banque Populaire to form Groupe BPCE. The
tenant is a franchisee of the Guy Hoquet group.
Website: www.guy-hoquet.com or www.nexity.fr
Lease: 3/6/9 from 20th October 2006.
Rent: €23,915 for the year to 20th October 2011.
67 rue Caulaincourt 75018
October 2010 – Subject to contract LKR Portfolio
162 rue Ordener 75018
Location
Paris 18th Arrondissement.
One of the busiest commercial streets in the 18 th Arrondissement, north of Montmartre and next
to a Société Générale branch office, plus many other national retailers, at the Carrefour
Damrémont.
Twice weekly the area hosts a popular food market along the street outside the property.
Metro-RER links include: Jules Jouffrin (M12), Guy Moquet (M13), Porte de Clichy (RER C), Gare
du Nord (RER B,D).
Description
A ground floor shop of 49m² fitted out to a high standard, plus window frontage of 4m.
Tenancy
Tenant: Harmonie Mutualite, one of France’s leading health insurance mutuals with 6,500
agents and 3.5 million personal and corporate customers.
Website: www.harmonie-mutualite.fr
Lease: 3/6/9 from 15th January 2007.
Rent : €35,531 pa for the year to 15th January 2011.
October 2010 – Subject to contract LKR Portfolio
Location
Paris 19th Arrondissement.
The property is positioned on the northern side of avenue Jean Jaurès, directly opposite a large
format Monoprix and midway between the metro stations Ourcq and Laumière.
The immediate area is a bustling local commercial and residential neighbourhood. Nearby is the 19th
Arrondissement Marie, Parc des Buttes Chaumont, Canal de l’Ourcq and Parc de la Villette.
Avenue Jean Jaures is a continuation of rue La Fayette which connects to the west through the 10th
to Boulevard Haussmann and the Opéra in the 9th Arrondissement. 1km to the east, Jean Jaures
links with the N3 at the Porte de Pantin junction of the Peripherique.
Metro-RER links include: Ourcq, Laumière (M5), Gare du Nord (RER B,D), Magenta (RER E).
Description
A restaurant/ bar with a Licence 1V, it has a ground floor area of 120m², plus a basement of 55m².
The front part of the accommodation forms part of the main building, whilst the rear is a substantial
single storey extension with side and rear access.
The property is fitted as a restaurant and bar with kitchen, storage, services and toilet facilities.
The window frontage to the street reflects the size of the property, and the terrace provides the
restaurant with an excellent street profile.
Tenancy
Tenant: MBDL trading as Le Meltin’, a restaurant entirely renovated, refitted and reopened in June
2010.
Website: www.lemeltin.com
Fonds de Commerce: €60,000 June 2010.
Lease: 3/6/9 from 15th September 2008.
Rent: €54,397 for the year to 15th September 2011.
137 Avenue Jean Jaures 75019
October 2010 – Subject to contract LKR Portfolio
Julien Bonnefoy
7 Place Vendôme
75001 Paris
+33 (0) 1 43 16 88 89
+33 (0) 6 62 50 81 78
Julien Badene
7 Place Vendôme,
75001 Paris
+33 (0) 1 43 16 55 90
+33 (0) 6 13 94 04 70
Luke Condon
7 Place Vendôme
75001 Paris
+33 (0) 1 43 16 88 90
+33 (0) 6 15 89 11 36