THE QUADRANTRICHMOND UPON THAMES TW9 1BP

No.

BUSY TRADING

LOCATION

AFFLUENT LONDON SUBURB

JOJO MAMAN BÉBÉ LTD

COVENANT (D&B 2A 2)

FREEHOLD

WELL SECURED INCOME WITH

7.5 YEARS UNEXPIRED

OFFERS INVITED IN EXCESS OF £1,275,000 STC

TOP PERFORMING

STORE

NET INITIAL Y IELD 5.75%

ATTRACTIVE RETAIL INVESTMENT FOR SALE

Richmond upon Thames is one of the most affluent London suburbs, situated approximately 9 miles south west of Central London, 4 miles north of Kingston upon Thames and 5 miles west of Wandsworth. The town has excellent communications being located 2.5 miles south of the M4, on the A316 which runs through to Junction 1 of the M3 and M25. By rail, Richmond mainline provides a fast service to London Waterloo in approximately 19 minutes, and links to Windsor and Reading. Richmond is served by the London Underground network and is connected to Central London via the District Line.

LOCATION

172,000

NEARBY ATTRACTIONS

Hampton Court Palace

The Royal Botanic Gardens of Kew

Twickenham Rugby Stadium

of population being within the class AB and C1 groupings. Compared to the national average 51.1%.

(Source: Focus)

Car ownership is above average, as is home ownership.

Residential Population75%

SITUATIONThe property occupies a prominent trading location on the west side of the Quadrant, in the busy retail pitch leading from Richmond Station to George Street. It is situated adjacent to Hamptons Estate Agent with Mountain Warehouse and Robert Dyas directly opposite. Other retailers of note in close proximity include Ted Baker, Pret a Manger, Jigsaw and Paul Boulangerie.

RETAILING IN RICHMOND

Richmond provides a highly attractive retail offer with a combination of aspirational national multiple brands and upmarket local shopping, reflecting the affluent nature of the catchment. Prime pitch centres on George Street, The Quadrant and Hill Street. Retailers in Richmond include Marks & Spencer, Waitrose, Ted Baker, H&M, Topshop, Gant, Jack Wills and Reiss, as well as a House of Fraser department store.

Richmond has established itself as a high end shopping destination, with the benefit of its riverside location and attractive historic environment. In addition to the above, exciting new Richmond entrants include The Kooples, Ugg, Hummingbird Bakery, Oliver Bonas, Bread Shop, Aveda, Reebok and a recently opened 20,000 sq ft Whole Foods, on Lower George Street.

ACCOMMODATIONThe premises are arranged over basement and ground floor.

Ground Floor 880 sq ft

Ground ITZA 556 sq ft

Basement Sales/Ancillary 637 sq ft

Basement Vaults 89 sq ft

Total Area 1,606 sq ft

TENANCY

TENUREThe property is held freehold.

The ground and basement floors are let to JoJo Maman Bébé Ltd on a 10 year full repairing and insuring lease from 31st August 2011 at £77,500 per annum. This provides an unexpired term certain of approximately 7.5 years. The lease is subject to 5 yearly upward only rent reviews, with the next due on 31st August 2016.

The upper parts consist of three flats sold off on long leases at a peppercorn rent and do not form part of the sale.

COVENANTJoJo Maman Bébe (Co. No. 2737508) is one of the market leaders in multi-channel maternity, baby and nursery product retailing. Founded in 1993, JoJo Maman Bébé now trade from 57 stores throughout the UK and employ over 400 people. With an annual turnover in excess of £27.5m they are actively looking to grow and continue their roll out of upmarket boutiques. Dun & Bradstreet give JoJo Maman Bébé Ltd a Risk Evaluation of 2A 2, which reflects a lower than average risk of business failure. Set out below is a summary of their most recent published financial results:

PLANNINGThe property is not listed but is situated within Central Richmond Conservation Area No. 17

30Jun2012 30Jun2011 30Jun2010

Sales Turnover £27,677,435 £23,847,153 £20,221,840

Pre-tax profits £1,133,786 £1,316,514 £1,365,383

Tangible Net Worth £4,156,272 £3,326,769 £2,397,973

Net Current Assets £2,970,010 £2,594,906 £496,391

50 metres

For more information on our products and services:www.experian.co.uk/goad | goad.sales@uk.experian.com | 0845 601 6011

Richmond (London)

Experian Goad Plan Created: 20/02/2014Created By: CWM

Copyright and confidentiality Experian, 2013. © Crown copyright anddatabase rights 2013 Ordnance Survey 100017316

CWMBen Simpson

020 7494 6932 Email: bs@cwm.co.uk

Julian Norbury

020 7494 6924Email: jpn@cwm.co.uk

MARTIN CAMPBELLAndy Shaw

020 8940 2266Email: a.shaw@martincampbell.co.uk

FURTHER INFORMATION

MisrepresentationAct:CWM & Partners LLP and Martin Campbell & Company Ltd for themselves and for the vendors/lessors of the property

whose agents they are, give notice that: 1. These particulars are set out as a general outline for the guidance of the intended purchasers or lessees, and do not constitute part of, an offer or contract; 2. All descriptions, dimensions, reference to condition and necessary permissions for the use and occupation, and other details are given without responsibility and any intending purchaser or tenant should not rely on themas statements or representations of

fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; 3. N o person in the employment of CWM & Partners LLP and Martin Campbell & Company Ltd has any authority to make or give any

representations or warranty in relation to this property. March 2014

DESIGN:

VATWe understand the property is registered for VAT and it is anticipated that the transaction will be treated as a Transfer of Going Concern (TOGC).

PROPOSALWe are instructed by our client to seek offers in excess of:

£1,275,000(One Million Two Hundred and Seventy Five Thousand Pounds) Subject to contact and exclusive of VAT. A purchase at this level would reflect a net initial yield of 5.75%, assuming normal purchaser’s costs of 5.8%.