KING HENRYS DOCK Woolwich, Royal Borough of Greenwich RESIDENTIAL INVESTMENT OPPORTUNITY
EXECUTIVE SUMMARY CBG group is seeking a forward purchaser of the private residential element of King Henry s Dock. The scheme benefits from a fantastic location on the riverside in Woolwich, Royal Borough Of Greenwich. King Henry s Dock comprises 100 private residential units (73,186 sq ft NSA), 63 parking spaces and retail space on the ground floor (374 sq ft). The development will benefit from a unique setting on the south bank of the river Thames between two historic docks, which are being refurbished as part of the redevelopment. King Henry s Dock is served by excellent existing transport infrastructure and will be within a short walk of Woolwich Crossrail station, which is due to open in 2018. THE SALIENT DETAILS ARE AS FOLLOWS: 100 PRIVATE RESIDENTIAL UNITS (73,186 SQ FT NSA) 63 SECURE CAR PARKING SPACES HIGHLY SPECIFIED INTERIOR DESIGNED UNITS EXCELLENT CONNECTIVITY TO CENTRAL LONDON ONLY A SHORT WALK TO WOOLWICH CROSSRAIL STATION, DUE 2018
THE LOCATION King Henry s Dock will benefit from a fantastic riverside frontage on the south bank of the River Thames in Woolwich, London Borough of Greenwich. Every apartment has a stunning water front aspect and the views that look across the London skyline, including Canary Wharf and The City. The site is located approximately 5 minutes walk to the North of Woolwich Dockyard National Rail Station and 10 minutes walk west of Woolwich Arsenal and new Crossrail terminal. The surrounding area is predominantly residential with a number of new development in proximity, including Comer Homes Mast Pond development. Woolwich has undergone significant regeneration in recent years and this trend is likely to continue due to the delivery of the new Crossrail terminal in 2018. The waterfront has seen the most dramatic transformation. Residents of King Henry s Dock will be able to enjoy the waterfront relaxing and luxurious lifestyle that has developed along the riverside with the number of Cafes, Bars and Restaurants that are that have opened in the numerous new developments fronting the water. Woolwich offers a vibrant and eclectic London lifestyle, with local shops, and an open air market, a new arts centre which hosts films, live shows and a weekly arts and crafts market. Greenwich, as a whole, has flourished as a location of choice for many due to the wealth of attractions and events in the borough. The world leading music venue The O2 neighbours the National Maritime Heritage Museum, a number of peaceful Greenwich parks and an abundance of boutique bars and restaurants in picturesque Greenwich Village.
SUMMARY LOCATION CONNECTIVITY THE SCHEME FLOORPLANS BUILD PROGRAMME SPECIFICATION DELIVERY TEAM MARKET COMMENTARY FURTHER INFO THE LOCATION King Henry s Dock will benefit from a fantastic riverside frontage on the south bank of the River Thames in Woolwich, London Borough of Greenwich. Every apartment has a stunning water front aspect and the views that look across the London skyline, including Canary Wharf and The City. The site is located approximately 5 minutes walk to the North of Woolwich Dockyard National Rail Station and 10 minutes walk west of Woolwich Arsenal and new Crossrail terminal. The surrounding area is predominantly residential with a number of new development in proximity, including Comer Homes Mast Pond development. Woolwich has undergone significant regeneration in recent years and this trend is likely to continue due to the delivery of the new Crossrail terminal in 2018. The waterfront has seen the most dramatic transformation. Residents of King Henry s Dock will be able to enjoy the waterfront relaxing and luxurious lifestyle that has developed along the riverside with the number of Cafes, Bars and Restaurants that are that have opened in the numerous new developments fronting the water. Woolwich offers a vibrant and eclectic London lifestyle, with local shops, and an open air market, a new arts centre which hosts films, live shows and a weekly arts and crafts market. Greenwich, as a whole, has flourished as a location of choice for many due to the wealth of attractions and events in the borough. The world leading music venue The O2 neighbours the National Maritime Heritage Museum, a number of peaceful Greenwich parks and an abundance of boutique bars and restaurants in picturesque Greenwich Village. VIEW AMENITIES MAP THIS PLAN IS PUBLISHED FOR CONVENIENCE IDENTIFICATION. ANY BOUNDARIES ARE INDICATIVE ONLY AND SHOULD BE CHECKED AGAINST TITLE DEEDS. THE PLAN IS BASED UPON ORDINANCE SURVEY MAP AND WITH THE PERMISSION OF THE CONTROLLER OF H M STATIONARY CROWN COPYRIGHT VIEW SITE PLAN / VIEW LOCAL MAP
Europe Place SUMMARY LOCATION CONNECTIVITY THE SCHEME FLOORPLANS BUILD PROGRAMME SPECIFICATION DELIVERY TEAM MARKET COMMENTARY FURTHER INFO THE LOCATION King Henry s Dock will benefit from KING a fantastic HENRYS riverside frontage on the THE THAMES south bank of the River Thames in Woolwich, DOCK London Borough of Greenwich. Every apartment has a stunning water front aspect and the views that look across the London skyline, including Canary Wharf and The City. The site is located approximately 5 minutes walk to the North of Woolwich A204 Dockyard National Rail Station and 10 minutes walk west of Woolwich Arsenal and new Crossrail terminal. The surrounding area is predominantly residential with a number of new development in proximity, including Comer Homes Mast Pond development. A206 Woolwich has undergone significant regeneration in recent years and this St Marys trend is likely to continue due to the delivery of the new Crossrail terminal in Gardens 2018. The waterfront has seen the most dramatic transformation. Residents of A206 A205 King Henry s Dock will be able to enjoy the waterfront relaxing and luxurious lifestyle that has developed along the riverside with the number of Cafes, Bars and Restaurants that are that have opened in the numerous new developments fronting the water. Road Venus Woolwich offers a vibrant and WOOLWICH eclectic London lifestyle, with local shops, and an open air market, a new arts DOCKYARD centre which hosts films, live shows and a weekly arts and crafts market. Greenwich, as a whole, has flourished as a location of choice for many due to the wealth of attractions and events in the borough. The world leading music venue The O2 neighbours the National Maritime Heritage Museum, a number of peaceful Greenwich parks and an abundance of boutique bars and restaurants in picturesque Greenwich Village. Frances St Whitby Rd Lamport Close Belson Rd VIEW AMENITIES MAP Kingsman Street Church Hill Sunbury St St Marys Street Greenlaw St Willow Lane Mulgrave Rd Rectory Place Yard Glass SOUTH CIRCULAR Powis St ROAD Waterfront Leisure Centre Clara Place BEREFSFORD Hare Street Market Street STREET A206 Love Lane Warren Lane WOOLWICH ARSENAL Vincent Road FOR INDICATIVE PURPOSES ONLY VIEW SITE PLAN / VIEW LOCAL MAP
WATERLOO QUEEN ELIZABETH OLYMPIC PARK FOR INDICATIVE PURPOSES ONLY 9 STRATFORD N BARBICAN FARRINGDON WHITECHAPEL BOND STREET TOTTENHAM COURT ROAD LIVERPOOL STREET BOND STREET L 13 11 1 M K I CUSTOM HOUSE N SOUTHBANK 12 J H G HYDE PARK GREEN PARK 16 GREEN PARK WESTMINSTER O 14 LONDON BRIDGE 10 CANARY WHARF 8 D 4 NORTH GREENWICH 3 ROYAL DOCKS BUSINESS DISTRICT LONDON CITY AIRPORT C 2 15 P SOUTHWARK PARK B A F ROYAL ARSENAL WOOLWICH WOOLWICH DOCKYARD WOOLWICH WOOLWICH ARSENAL Q BURGESS PARK E 7 5 CROSSRAIL ROUTE BATTERSEA PARK GREENWICH GREENWICH GREENWICH PARK 6 KING HENRYS DOCK BLACKHEATH TO HEATHROW LANDMARKS THAMES CLIPPER 1 2 3 4 5 6 7 8 EXCEL CENTRE THE THAMES BARRIER EMIRATES AIRLINE THE 02 THE ROYAL NAVAL COLLEGE NATIONAL MARITIME MUSEUM CUTTY SARK CANARY WHARF 9 10 11 12 13 14 15 16 OLYMIC STADIUM TOWER BRIDGE 30 ST MARY AXE THE SHARD ST PAULS CATHEDERAL THE LONDON EYE WESTMINISTER BUCKINGHAM PALACE A B C D E F G H I WOOLWICH ARSENAL PIER WOOLWICH SOUTH PIER WOOLWICH NORTH PIER NORTH GREENWICH PIER GREENWICH PIER MASTHOUSE TERRACE PIER CANARY WHARF PIER ST KATHARINE S PIER TOWER HILL PIER J K L M N O P Q LONDON BRIDGE CITY PIER BANKSIDE PIER BLACKFRIARS PIER EMBANKMENT PIER FESTIVAL PIER WESTMINISTER PIER MILLBANK PIER ST GEORGE WHARF PIER
CONNECTIVITY The catalyst for change in Woolwich has been it s exceptional transport infrastructure, which is set to improve dramatically upon the arrival of Crossrail in 2018. King Henry s Dock is approximately 5 minutes walk from Woolwich Dockyard which provides mainline rail services into London Bridge (19 minutes) and Cannon Street (23 minutes). In addition to this, Woolwich Arsenal DLR and National Rail Station is approximately 10 minutes walk from King Henry s Dock. This provides frequent services to Bank (28 minutes), Stratford (28 minutes) and London City Airport (5 minutes). Travel Time s in Minutes
Computer Generated Image is indicative only CROSSRAIL Crossrail will arrive in 2018, shortly after the programmed practical completion of King Henry s dock in January 2017. The delivery of Crossrail which continue to drive further improvement in the area due to considerably improved accessibility into Central London. The journey times to Central London will be dramatically improved with a travel time of 14 minutes to Liverpool Street and 21 minutes to Bond Street. Travel Time s in Minutes Computer Generated Images
THE SCHEME King s Henry s Dock will provide 100 luxury private residential apartments in a unique riverside setting, with a approximate net saleable area of 73,186 sq ft. The development fronts the riverside, between the two docks and so will benefit from triple aspect water. There are twelve different flat types within the development. The first ten floors will contain eight apartments each, with the upper five floors containing a mixture of six, four and two apartments per floor. A unique feature of the development is the integrated car-park which adjoins the rear of the residential block over 5 storeys, including a mezzanine level, providing 63 car parking spaces. This will be coated in a striking green living wall, producing an attractive natural looking exterior. Also incorporated in to the development there is an A3 retail unit at ground floor level. A café at this location will allow local residential to enjoy this picturesque riverside setting whilst having coffee. As part of the development, there is going to be a new club house provided for the angling club so they can enjoy the benefits of the new lease of life that will be brought to these historic docks.into Central London. The journey times to Central London will be dramatically improved with a travel time of 14 minutes to Liverpool Street and 21 minutes to Bond Street. NUMBER OF UNITS NET SALES AREA (Sq ft) 1 Bed 31 17, 816 2 Bed 65 50,371 3 Bed 4 4,999 Total 100 71,186 Computer Generated Images
FLOORPLANS Ground Floor 1st Floor
FLOORPLANS 5th Floor 15th Floor plans
BUILD PROGRAMME *INDICATIVE TIME SCALES. SUBJECT TO CHANGE May 15 Jun 15 Jul 15 Aug 15 Sep 15 Oct 15 Nov 15 Dec 15 Jan 16 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 Aug 16 Sep 16 Oct 16 Nov 16 Dec 16 Jan 17 Demolition / Enabling Works Foundations & Substructure Envelope Internal Works & Fit-Out Project P.C (Excluding Contingency)
SPECIFICATION KITCHEN AND UTILITY APPLIANCES Franke Peak Undermount Bowl Gessi Logic 2 Hole Pull Out Rinse Chrome Siemens Oven - Multifunction, 8 functions, TFT Display, Soft Move Siemens Microwave - 900W, 21L, 5 power levels, cleartext, left hinged door Siemens Induction Hob - 60cm, 4 Zones, 17 power levels, touch control, frameless Siemens Built in Ducted Extractor, Stainless Steel with 2 Halogen Spot Lights Caple 60cm Wine Cabinet Siemens Fridge Freezer - 177X54 Static bottom freezer, crisper Box, fixed hinge, 70/30 split A+ Siemens Dishwasher - 6 programs, Vario baskets, Infolight, Polinox Base and 12 Place Settings Aeg Washing Machine A-10%ab, 6kg Wash Load Aeg Tumble Dryer B, 7kg Drying Load Box 50 Undermount Sink Cox Single Lever Monobloc Tap with Pull-out Spray, Chrome BATHROOM FIXTURES Wall Hung Pan & Seat Saneux Frame and Flush Plate Square Saneux Alaska 600 x 440 Vanity Unit and Ceramic Basin Planet Mono Mixer & Waste Saniform 170 x 73 x 41 Bath with Legs Cos Bath Filler and Click Waste Modest Thermostatic Valve with Divertor Planet Exposed Divertor Kit Gerberit in Wall Drain System with ABS Chrome Cover Planet Fixed ABS Head and Chrome Brass Square Handset JOINERY ELEMENTS Oak Veneer Plus Duo [Style for Double Doors or Doors to Living Areas] Oak Foil Plus [Entry/Interior Door] Walnut Foil Plus [Entry/Interior Door] Speed Robe [Wardrobe Doors] FINISHES SELECTION Timber Flooring - Walnut Rustic CD Grade Timber Flooring - Elegance (Granite Colour) Oak Carpet Metallica Pewter Carpet Metallica Silver Ceramic Tile Neutra Bianca Worlds End Ceramic Tile Neutra Moka Worlds End Carpet Metallica Platinum Carpet Metallica Palladuim CENTRAL PLANT The building s heating and cooling load would be generated centrally and distributed to apartments using district heating and cooling networks APARTMENT SERVICES HEATING Heating within apartments will generally be provided by underfloor heating, utilising heat from the building s district heat network. The underfloor heating system will be zoned within apartments to provide separately controlled circuits for each individual room. COOLING Fan coil units within each apartment will be connected to a dedicated secondary chilled water circuit which will be linked to the building s district chilled water system via a HIU. The apartment heating and cooling system will be provided with a control interlink between the HIUs to prevent simultaneous heating and cooling of an apartment. POWER Within the apartment the supply will connect to a new consumer unit via a Henley cut-out and supplier meter. LIGHTING Recessed low energy downlights, single pendant over dining table to be supplemented by occupier s free standing feature lighting.
THE DELIVERY TEAM Concept Business Group is a pan-european private real estate development and investment company established in 1993. CBG s primary focus at present is in the UK in residential and commercial developments and investments. Historically the focus of the business has been in Prime Central London with recent project including a development of 77 apartments on Winchester Road in Swiss Cottage and the development of 5 luxury apartments at 4/5 Beaufort Gardens in Knightsbridge. Recently CBG s has focused on capitalising on the wave of growth outside of Prime Central London. The subject site was acquired as part of this new residential strategy which is planning to deliver 1000 residential units over the next five years. Primus was formed in 2007 by a group of experienced construction professionals who previously held senior positions within leading UK construction companies. Primus has experience of providing construction solutions across the full range of market sectors. Primus offers capabilities and services including Principal Contracting, Traditional Lump Sum Contracting and Design & Build solutions. Primus now employs 80 members of staff from it s offices in Moorgate.
THE DELIVERY TEAM Alan Camp Architects are an award winning practice that specialise in residential led mixed use schemes, master-planning and bespoke design solutions. Working with our clients and the local communities we create an environment that enhances and responds to their needs. We have an exceptional record of securing planning permissions on constrained sites and then working with the contractors to construct a high quality development. WSP and Parsons Brinckerhoff have combined and are now one of the world s leading engineering professional services consulting firms. We bring together our 32,000 staff, based in more than 500 offices, across 39 countries to provide engineering and multidisciplinary services in a vast array of industry sectors, with a focus on technical excellence and client service. In the UK, 5,150 people provide consultancy services to all aspects of the built and natural environment working with governments, planners, developers and architects. Cushman and Wakefield has 250 offices in 60 countries, employing more than 16,000 professionals. Its dominant global reach enables direct access to international capital flows. Cushman & Wakefield s UK specialist Residential Investment & Development team are a market leader in the Private Rented Sector. Cushman & Wakefield s Residential Investment & Development team focus on land owner led solutions, with a focus on large scale regeneration, complex development projects, investment and funding solutions.
EAST LONDON RESIDENTIAL MARKET COMMENTARY There has been a consistent failure to deliver the homes needed in London which has resulted in an acute supply-demand imbalance. As such, there remains ample headroom for continued price growth in East London. STRUCTURAL HOUSING UNDER SUPPLY Significant demand for homes in eastern postcodes is dramatically changing the landscape of the London property market. The areas which have experienced the biggest rises in value most recently are no longer at the core. The boroughs of Hackney, Tower Hamlets, Lewisham, Newham and Greenwich have seen the biggest rises in house prices as buyers look for value. Woolwich is an attractive market owner occupiers and investors alike. The relative affordability of prices has been a huge draw to young professionals working in Canary Wharf, The City and the rest of Central London. Buy-to-let investors appreciate significantly more attractive income yields compared with to Central London markets. VIEW BUSINESS COMMENTARY Computer Generated Image
BUSINESS RE-DEFINING EAST LONDON London s dynamic business community is redefining the East. The variety of businesses now based in East London ranges from major banks, professional services firms and media organisations to technology, media, telecommunications and creative industries. As occupiers continue to take space demand for quality residential accommodation in East London is only fuelled further. The development of Canary Wharf in the early 1990s was the trailblazer for regeneration of East London. This has now matured into the capital s secondary financial hub and is home to a number of the large multinationals, including KPMG, HSBC, BP, Thomson Reuters and Bank of America. The 2012 London Olympics and the delivery of Crossrail has proven to be a second catalyst to regenerating east London. There are a number of large developments underway or in the pipeline that are changing the face of east London and firmly cementing the location as one of London s key business districts.
1 2 3 1 HERE EAST DELANCY 450,000 sq ft of business space in the former Broadcast and Press Centres from the Olympics 2 THE INTERNATIONAL QUARTER LEND LEASE 3.75m sq ft of office space across 15 buildings 3 WESTFIELD STRATFORD CITY WESTFIELD 958,000 sq ft of office space across 3 buildings 4 WOOD WHARF CANARY WHARF GROUP 2m sq ft of office space 4 5 6 7 5 SILVERTOWN SILVERTOWN PARTNERSHIP 5m sq ft of space for businesses, brand hubs, labs and headquarters, learning and education, leisure and local retail 6 ROYAL ALBERT DOCKS ADVANCED BUSINESS PARKS/STANHOPE 3.3m sq ft of business space KING HENRYS DOCK 7 ROYAL ALBERT BASIN Two major mixed use developments Great Eastern Quay & Gallions Quarter 100,000 sq ft of commercial space The map above shows the location of the major new commercial hubs under development or planned in East London.