Television Centre

Residential Lettings

Television Centre is a major redevelopment of a West London landmark in a very well-connected area of London that is undergoing a multi-billion pound regeneration.

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A completed illustration of the development

Rental illustrations Bedrooms Size (sq ft) Estimated rental values £pw*

Studio 369 – 495 415 – 450 1 530 – 673 460 – 570 2 801–1,830 550 – 1,500 3 + 1,366 – 4,050 870 – 3,300 *Estimated valuations prepared by Strutt & Parker and Savills (August 2017)

Amenities – 24 hour residents’ concierge – Residents’ lounge overlooking

the private landscaped gardens– Private screening room – Health club, swimming pool and

Hammam run by Soho House– Deli, cafés and restaurants – Basement car and cycle parking

A new centre of gravity By the end of 2018, 432 new apartments will have completed at Television Centre. Residents will benefit from a range of amenities including 24 hour concierge, private landscaped gardens, residents lounge, screening room and secure parking, in addition to a gym, swimming pool and hammam managed by Soho House. The development will be alive day and night, with up to 3,500 workers from BBC Worldwide and The White Company based at Television Centre’s new office building. Soho House will provide a three-screen Electric Cinema, a 47 bedroom hotel and a brand new rooftop members club. Cafes and restaurants moving in include Bluebird, Kricket, Homeslice, Patty & Bun and The Allis. Life at Television Centre will be further enriched with three live Television Studios making flagship programmes such as The Jonathan Ross Show and The Graham Norton Show.

The wider plan, already underway in White City, includes:

— A new campus for Imperial College London (the world’s top 10 ranked university), completing in 2018/19

— An extension to Westfield London (the UK’s number 1 shopping centre) including a brand new 230,000 sq ft John Lewis

— White City Place, the area’s hottest new business district with occupiers including Yoox-Net a Porter, OneWeb, Royal College of Art and the BBC.

Television Centre has easy access to London’s vast established transport network. In addition to White City and Wood Lane Underground stations, the area is served by excellent Overground, bus and road routes into the West End, the City, Canary Wharf and beyond. Travel times – Paddington: 7 mins – Bond Street: 12 mins – Bank: 22 mins – Heathrow: 30 mins (by road) – Canary Wharf: 32 mins Source: tfl.gov.uk

Some key points of interest for our investor landlords are as follows: – Television Centre will appeal to the

London rental market by offering meticulously designed accommodation within a district that is already serviced by fantastic transport links.

– With a shortage of quality rental stock in London, Savills and Strutt & Parker believe that the development is well positioned to attract both residential and corporate tenants alike.

– Corporate tenants have a preference for properties in developments and location that offer lifestyle and leisure amenities.

– Demand for well-appointed apartments offering lifestyle facilities is growing and is set to increase over the next five years.

Well connected

Investor example

1 bedroom apartment 610 sq ft Investor pays £750,000 (£1,230 per sq ft) Stamp duty £50,000 (assumes additional 3% SDLT charge*)Market rent £500 per weekAnnual income £26,000 (£500 × 52 weeks) Gross yield 3.53% * The illustration assumes that the purchase is not the principle residence.

Key facts

Leasehold 975 years (commencing on the first quarter day prior to the first completion of any Apartment Lease on the Estate) Ground rent per year Studio: £350.00 1 bedroom: £450.00 2 bedroom: £600.00 3 bedroom: £750.00 Premium or Penthouse: £1,000 (reviewed upwards only every 10 years by reference to inflation)

Estimated annual service charge £6.75 per sq ftEstimated completion Phased between Q4 2017 and Q4 2018 Lettings and Management 16.2% inc. VAT (usually 20.4% inc. VAT) Post purchase, pre-let service Free (usually £600.00)

Whilst all figures have been quoted with good faith and without prejudice, neither Savills nor Strutt & Parker can be held responsible whatsoever for the market conditions when the premises purchased is marketed on the open lettings market. This information is provided as advice at the time it is given and prior to the premises being marketed. It does not constitute a formal valuation and should not be relied upon for matrimonial, loan or security purposes. In a volatile market our advice can become outdated and accordingly we may wish to review our opinion over time.

Furniture packages For your convenience, we have teamed up with two interior designers – Suzy Hoodless and BoxNine7 – who can assist in furnishing your apartment and more. Suzy HoodlessSuzy Hoodless is an acclaimed interior designer who set up her interior design consultancy after five year as editor at Wallpaper magazine. Now a fixture in House & Garden magazine’s top 100 interior designers, Suzy has developed four collections specifically for Television Centre with prices from £17,500. All collections include a consultation, please ask the sales team for further information, including a Suzy Hoodless for Television Centre brochure, or contact: info@suzyhoodless.com +44 (0)20 7221 8844

Furniture packages BoxNine7BoxNine7 provide tailored furnishing solutions to landlords and investors. As well as quality of product and market knowledge, their strength is in offering a hassle-free service with short lead times, a 5 year guarantee, and a price promise.

Packages for studios start at £4,635, please ask the sales team for further information, including a BoxNine7 Television Centre brochure, or contact: hello@boxnine7.com+44 (0)20 3239 7970

Joint Letting Agents Savills +44 (0)20 7016 3819 www.savills.co.uk newhomes@savills.com Strutt & Parker+44 (0)20 7318 5138www.struttandparker. com development.lettings@struttandparker.com

Sales & Marketing Pavilion The Pavilion Building Television Centre 89 Wood Lane London W12 7FA +44 (0)20 8811 8720

televisioncentre.com

Important notice

All computer-generated images (CGIs) and photography images are indicative only. Savills and Strutt & Parker for themselves and their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars have been prepared in good faith and with all due care and are believed to be correct at the time of publication. However, they do not constitute any contract, part of a contract, offer representation or warranty and must not be relied upon as statements or representations of fact.

2. Any areas, dimensions, measurements or distances are approximate. The text, images, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all the necessary planning, building regulation or other consents and neither Savills nor Strutt & Parker or their clients or joint agents have tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

3. These particulars were prepared from preliminary plans and specifications before the completion of the properties and are intended only as a guide for the marketing of Television Centre. Elements may change during construction and final finishes could vary. Prospective purchasers should not rely on this information and should ensure that their solicitor checks the plans and specification attached to their contract.

Design by dn&co.dnco.com

September 2017