THE LEONARDO BUILDING FINAL 21-10-14 - Manor Royal LEONARDO BUILDING FINA… · THE LEONARDO...
Transcript of THE LEONARDO BUILDING FINAL 21-10-14 - Manor Royal LEONARDO BUILDING FINA… · THE LEONARDO...
THE LEONARDO BUILDINGCRAWLEY, BUSINESS QUARTER, MANOR ROYAL, CRAWLEY, RH10 9DF
A Presentation by :
Christopher McPherson
Development Director
Abstract Group of Companies 05/11/2014
ABSTRACTABSTRACTABSTRACTABSTRACT
• Commercial Developer
• Office Focused
• 900,000 sq ft on site in last 12 months
• Glasgow – St Vincent Plaza
• Aberdeen – Aberdeen international Business Park
• Manchester – Soapworks, Salford Quays
• Croydon – Renaissance
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OUR APPROACH OUR APPROACH OUR APPROACH OUR APPROACH
• Identify suitable markets
• Speculative development of Grade A offices
• Totally Occupier Focused• Environmental considerations
• Ease of Fit out
• Densities of occupation
• Running Costs
• Highly competitive rent
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CRAWLEY BUSINESS QUARTERCRAWLEY BUSINESS QUARTERCRAWLEY BUSINESS QUARTERCRAWLEY BUSINESS QUARTER
• Site characteristics
• Land pricing – receivership
• Transport links
• Diverse range of occupiers locally
• Significant business concentration within Manor Royal
• Unaffected by proposal for Second Runway at Gatwick
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AERIAL
THE LEONARDO BUILDINGTHE LEONARDO BUILDINGTHE LEONARDO BUILDINGTHE LEONARDO BUILDING
• 110,000 sq ft Grade A office Building
• BREEAM ‘Excellent’ and EPC ‘B’ Environmental Standards
• 90 degree rule – ease of fit out and future sub-divisibility
• Enabled to 1:6 occupational density
• £23 psf for a 15 years lease
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TIMINGSTIMINGSTIMINGSTIMINGS
• Exchange: 13 May ‘14
• Planning submitted: 21 May ‘14
• Complete purchase: 11 June ‘14
• Consent/s106 granted: 18 August ‘14
• Start on Site: 29 Sept ‘14
• Building Completed December ‘15
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LOCATIONLOCATIONLOCATIONLOCATION
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SITE PLANSITE PLANSITE PLANSITE PLAN
THE LEONARDO BUILDINGTHE LEONARDO BUILDINGTHE LEONARDO BUILDINGTHE LEONARDO BUILDING
the lowest cost per work station in the Souththe lowest cost per work station in the Souththe lowest cost per work station in the Souththe lowest cost per work station in the South----EastEastEastEast
ACCOMMODATIONACCOMMODATIONACCOMMODATIONACCOMMODATION
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TYPICAL SPACE PLAN TYPICAL SPACE PLAN TYPICAL SPACE PLAN TYPICAL SPACE PLAN (1:6) (1:6) (1:6) (1:6)
RECEPTIONRECEPTIONRECEPTIONRECEPTION
THE LEONARDO BUILDINGTHE LEONARDO BUILDINGTHE LEONARDO BUILDINGTHE LEONARDO BUILDING
designed to meet BREEAM ‘Excellent’ 2011 & EPC ‘B’ Ratingdesigned to meet BREEAM ‘Excellent’ 2011 & EPC ‘B’ Ratingdesigned to meet BREEAM ‘Excellent’ 2011 & EPC ‘B’ Ratingdesigned to meet BREEAM ‘Excellent’ 2011 & EPC ‘B’ Rating