Old hall documents pack

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The electronic official copy of the register follows this message. Please note that this is the only official copy we will issue. paper official copy.

We will not issue a

Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Please this document not been reviewed or approved Limited, all liability liesnote, with the underlying entityhas or entities. Thank you.

as a Financial Promotio


Title number MS288513

Edition date 19.11.2015

– This official copy shows the entries on the register of title on 25 FEB 2016 at 17:19:12. – This date must be quoted as the "search from date" in any official search application based on this copy. – The date at the beginning of an entry is the date on which the entry was made in the register. – Issued on 25 Feb 2016. – Under s.67 of the Land Registration Act 2002, this copy is admissible in evidence to the same extent as the original. – This title is dealt with by Land Registry, Birkenhead Office.

A: Property Register This register describes the land and estate comprised in the title. MERSEYSIDE : LIVERPOOL 1

(24.02.1989) The Freehold land shown edged with red on the plan of the above Title filed at the Registry and being Ralli House, 60 Old Hall Street, Liverpool (L3 9PP).

2

The Support columns and footings tinted green on the title plan are excluded from the title.

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The part of the building from 27.39 metres above Ordance Datum is excluded from the title.

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(17.05.2007) A new title plan based on the latest revision of the Ordnance Survey Map has been prepared.

B: Proprietorship Register This register specifies the class of title and identifies the owner. It contains any entries that affect the right of disposal.

Title absolute 1

(19.11.2015) PROPRIETOR: SIGNATURE LIVING RESIDENTIAL LIMITED (Co. Regn. No. 9705401) of Millennium House, 60 Victoria Street, Liverpool L1 6LD.

2

(19.11.2015) The price stated to have been paid on 23 October 2015 was £600,000.

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(19.11.2015) RESTRICTION: No disposition of the registered estate by the proprietor of the registered estate is to be registered without a written consent signed by the proprietor for the time being of the Charge dated 23 October 2015 in favour of Amicus Finance Plc referred to in the Charges Register.

C: Charges Register This register contains any charges and other matters that affect the land. Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.

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Title number MS288513 1

(14.10.2005) A Transfer of the land in this title dated 11 May 2005 made between (1) Liverpool City Council and (2) GMV Three Limited contains restrictive covenants. NOTE: Copy filed.

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(14.10.2005) The land is subject to the rights reserved by the Transfer dated 11 May 2005 referred to above.

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(09.09.2015) UNILATERAL NOTICE in respect of a Contract of Sale dated 17 August 2015 made between (1) Dooba Investment II Limited, (2) GMV Three Limited and (3) Signature Living Residential Limited.

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(09.09.2015) BENEFICIARY: Signature Living Residential Limited (Co.Regn.No.9705401) of care of Hill Dickinson LLP, No.1 St Paul's Square, Liverpool, L3 9SJ.

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(19.11.2015) REGISTERED CHARGE contained in a Debenture dated 23 October 2015.

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(19.11.2015) Proprietor: AMICUS FINANCE PLC (Co. Regn. No. 06994954) of Grafton House, 2-3 Golden Square, London W1F 9HR.

End of register

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Signature Living Furniture Pack 1 Bedroom ÂŁ3000+Vat Living & Dining Bedroom 1 x Signature Style 2.5 Seater Sofa 1 x Signature Style Double Wardrobe 1 x Signature Style Sofa Chair 2 x Signature Style Nightstand 1 x Signature Style Dining Table 1 x Signature Style Panel Bed 150cm 4 x Signature Style Upholstered Dining Chairs 1 x Luxury Mattress 150cm 1 x Signature Style Coffee Table 1 x Signature Style Nest of Tables 2 Bedroom ÂŁ4000+Vat Living & Dining Bedroom 1 x Signature Style 2.5 Seater Sofa 2 x Signature Style Double Wardrobe 1 x Signature Style Sofa Chair 4 x Signature Style Nightstand 1 x Signature Style Dining Table 2 x Signature Style Panel Bed 150cm 4 x Signature Style Upholstered Dining Chairs 2 x Luxury Mattress 150cm 1 x Signature Style Coffee Table 1 x Signature Style Nest of Tables

Signature Living Hotel Limited, 2nd Floor, 60 Victoria Street, Liverpool, UK, L1 6JD. www.signatureliving.co.uk www.signatureinvestments.co.uk Telephone: 0151 236 0166 Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


SIGNATURE LIVING RESIDENTIAL LIMITED (“The Seller”) INFORMATION SHEET 60 Old Hall Street Liverpool L3 9PP

1. GENERAL The information given in this Handbook is believed to be correct but the accuracy is not guaranteed and it does not obviate the need to make appropriate searches, enquiries and inspections. 2. INTRODUCTION The development will be known as 60 Old Hall Street. The development undertaken is, in summary, the refurbishment of the existing building and the addition of five new floors to create 115 residential one & two bedroom apartments. The planning position is as set out in the section below. The Sellers have only recently bought the building, which is vacant, so can only reply to enquiries based on their knowledge. Each apartment will be sold on a 250 year lease at a ground rent of 340pa with reviews every 5 years in line with RPI. The title pack can be accessed on our Cloud link as follows: https://tqpl.online/FileShare/?CompanyName=60OLDHALLSTREET Password - 60ohs

3. TITLE The Seller’s title is freehold, registered with Title Number MS285438. All the documents referred to are in the pack. The Restriction at title entry B2 will not bite on the grant of a new lease. To the best of the Seller’s knowledge, none of the covenants or reservations contained in the deeds referred to in the title entries adversely affects the title. Consent will be provided following completion from Amicus Finance Plc in respect of their charge dated 23/10/15. 4. PLANNING The change of use of the existing building, being floors 2-6, is permitted by virtue of Permitted Development Rights; the Notice dated 16/12/15 is in the title pack. Permission for the creation of the new floors, namely a mezzanine and first floor and floors 7-9, is anticipated by May 2016. It is possible that the Seller may enter into a S106 Agreement with the Council, in which case a

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copy will be provided. Part of the ground floor is likely to be used for commercial purposes in keeping with the area and suitable for its location. 5. PLOT NUMBERS, PLANS AND POSTAL ADDRESSES Our files and correspondence are by reference to the unit number of the property, not to its postal address. The postal address is likely to be the same as the unit number; this will be confirmed prior to completion. The plans can be viewed on the following link : https://www.dropbox.com/sh/mse2l1x3w4z7myg/AAB9OgHZYEKWAjcOPuEZd_Ya?dl=0

The location plan is in the title pack. 6. ASBESTOS REPORT The asbestos report obtained by the sellers can be viewed on the following link : https://www.dropbox.com/sh/nbatn5qy1881ddl/AAD2h7d0UU1I5bVQJIvocylfa ?dl=0 The sellers will ensure that the recommendations contained in the report are carried out in their entirety prior to completion. 7. ESTATE LAYOUT APPROVAL This will be provided prior to completion. 8. ACCESS Access to the building is on foot from the adjoining public highway via an access from the highway. There is no parking available for residents. There is a title defect relating to an intervening piece of land between Earle Street and the Property. The statutory declarations and policy included in the pack deal with this. 9. UTILITIES The development will include the installation of new sewers, drains and other service conducting media within the site where appropriate. These services within the building will remain private to their points of connection to the adoptable system constructed within the adjoining highway or as appropriate. The drainage and water search states that neither the foul water nor the mains water are presently connected; the seller will ensure that the connections are made. The upkeep and maintenance of these services within the building will be the responsibility of the Landlord pursuant to the obligations contained in the unit

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leases. The costs incurred by such maintenance and upkeep will be included within the maintenance charge (see below). 10. MANAGEMENT STRUCTURE The management of the building will be the responsibility of the Seller and its successors in title and will be undertaken by the Seller or on its behalf by managing agents. There will be no management company as a party to the Lease. The Lease contains detailed provisions as to the services to be provided by the Landlord. The Landlord will recoup the cost through the maintenance charge from the tenants who will all pay a pro rata share of the overall costs based on floor space. A draft service charge budget is available on the Cloud link. A managing agent will be appointed prior to completion. 11. STANDARD FORM DOCUMENTATION As will be appreciated on a new development, it is essential that the documentation remains consistent. The scheme documents have been drawn with this in mind and it is unlikely that the Seller will agree to any amendment. The Sale Agreement provided is an engrossment for signature by the Buyer (with plan and lease attached). The pro forma Lease and plan must be printed off and attached. In the event that the Buyer’s name and/or address require amendment please notify us as soon as possible. We will provide you with the engrossed Lease after exchange of contracts. There is an engrossment fee of £150 payable on completion. 12. SEARCHES We have provided the searches obtained on purchase. The building is not within a mining area. 13. EXCHANGE DEADLINES The Buyer will have been given a deadline for exchange in the reservation form issued by the selling agent. The Seller requires exchange of contracts within this period. 14. COMPLETION CERTIFICATES AND GUARANTEES A new home warranty from Advantage will be provided for each apartment with notice of completion. Building Regulation Completion Certificates will be provided for all the units by AEDIS. 15. DEPOSIT The Sale Agreement sets out the Deposit figure; this will be paid to us as agents by bank transfer. On receipt of the Deposit we will call you to

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exchange. The Seller confirms that the Deposit will be used only in connection with the build. Deposit Protection Insurance from ION will be put in place on exchange to cover the full 25% deposit. 16. STRUCTURAL COMPLETION Work commenced in late 2015 and practical completion is anticipated by May 2017 for floors 2-5 and by September 2017 for the remaining floors with a long stop date incorporated into the Sale Agreement of 31st December 2017. If Buyers wish to keep an eye on the likely completion date they should contact the Seller’s agents. There are of course many relevant factors outside the Seller’s control which may delay completion. Please also note that any date given will relate to practical completion so as to be fit for occupation; as to legal completion the Sale Agreement terms will apply. Under no circumstances will the Buyer be allowed to enter the property to store furniture or carry out works to lay carpets, hang curtains or otherwise before the whole of the completion balance has been received by us. 17. LEGAL COMPLETION AND PRACTICAL COMPLETION This will be on 10 working days’ notice and will attach the documents as referred to in this Information Sheet and the Sale Agreement. 18. INSURANCE Up to the date of practical completion, the property will be covered by a contractor’s policy. On practical completion the Seller will have in place a block policy appropriate for a building of this nature, pursuant to its obligations in the Lease. This will, as standard, include as beneficiaries all mortgagees and so there will be no need for a separate endorsement of the lenders’ interests. A copy of the block policy will be provided with the Completion Notice. 19. SUMMARY We trust that the information given will be of assistance and will answer the majority (if not all) of your questions. We shall not deal with Buyers’ conveyancers’ own printed standard forms of additional enquiries or requisitions, if these are submitted unedited and without regard to the information contained herein.

TQ Property Lawyers 20 April 2017

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Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


DUE DILIGENCE REPORT March 2016 60 Old Hall Street, Liverpool Developer/Contractor Details: Developer Name:

Signature Living Residential Limited

Address:

2nd Floor, 60 Victoria Street, Liverpool, UK, L1 6JD

Website:

http://signatureinvestments.co.uk/investment/old-hall-street/

Architect Details: Name of Architect:

Signature Living Group

Website:

http://www.signatureliving.co.uk

Track Record:

Liverpool - Stanley Street Hotel; 30 James Street; The Shankly Hotel; Daniel House, Bootle

Developer’s Solicitor: Tel:

TQ Property Lawyers Ltd, 54 Church Street, Leigh, Lancashire, WN7 1AZ +44(0)1942 671166

Investors Recommended Solicitor: Tel:

PLS Solicitors, PLS House, 2 Atlantic St, Altrincham WA14 5UW +44(0)844 811 1410

Site Details: Completion Date:

Q1 2017

Term:

250 years from February 2016

Ground Rent:

£340 pa

Neighbourhood Details:

60 Old Hall Street is situated in a prime spot in the heart of Liverpool’s Business and Commercial District. Surrounded by offices housing thousands of working professionals it is only two minutes from Moorfields Railway Station and within walking distance of all of the city’s major attractions, shopping and leisure facilities including Liverpool One, the River Mersey and Albert Docks.

Investment Address:

60 Old Hall Street, Liverpool, L3 9PP

Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


Development Type:

Refurbishment / Alteration

Development Particulars:

115 apartments: 78 one bed; 37 two bed

Sales Details:

1 bed: from ÂŁ104,950 2 bed: from ÂŁ158,950 Warranty: CRL Limted http://www.c-r-l.com/ - The approved inspector is JHAI Limited www.jhai.co.uk Deposit protection cover

Development Specification: Ceiling Heights:

2.9m

Internal Finishes:

Wooden doors Chrome / brass ironmongery Stain finish to internal skirtings Emulsion & wallpaper to feature walls in living room & bedroom Laminate flooring to hallways, living areas and bedrooms Tiling to bathrooms & ensuites Carpet to upper level living area & stairs (duplex apartments)

Kitchen Finishes:

Capricorn fitted kitchens, in a range of finishes: http://www.nonamekitchens.com/ Handeless door & drawer fronts Square- edged work surfaces with tiled full-height splashbacks Integrated Bosch (or equivalent) electric oven, ceramic hood & concealed hood Integrated fridge-freezer and automatic dishwasher Stainless single bowl sink unit with mixer tap; under unit lighting

Bathroom Finishes:

Optima fitted bathroom suites: http://www.optimabathroomsolutions.co.uk/ Rainhead shower to en-suite Glazed shower screens Tiled walls incorparting feature wall

Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


Electrical/Communications:

Full height/width mirror above vanity shelves LED downlights to hallways, living areas, bathrooms & en-suites Feature ceiling light to bedroom with LED lights Provision for BT, Sky HD and Virgin Media Fibre-optic, or equivalent

Heating:

Gas central heating

Safety & Security:

Secure residents’ entrance Automated door entry system Smoke detectors to kitchens & entrance halls Concierge facilities

60 Old Hall Street, Liverpool – Google Map Link

Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


60 Old Hall Street Premier Residential Apartments In The Heart Of Liverpool's Business District Launching Q4 2016 Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


60 Old Hall Street About The Developer

4

Why Invest in Liverpool

6

Introducing 60 OHS

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Accommodation

10

The Location Investment Units Purchase Process Floor Plans

Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.

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About The Developer Introduction The Signature Living Group has developed some of the most successful large-scale property schemes in Liverpool over the past few years. The company operates over 500 beds in the city centre comprising of both hotel rooms and serviced apartments. By offering a unique proposition for larger groups of guests the group has an average occupancy rate of 90%, far higher than the local

Case Study In 2012 the Signature Living group decided to purchase its first hotel. The existing 12 bed hotel was redeveloped into Signature Hotel within 6 weeks. It now has 111 beds spread over several themed floors with its own bar and nightclub. The hotel is booked up at the weekends for months in advance and enjoys exceptional occupancy rates throughout the week.

average of 73%. Each development features unique leisure and lifestyle facilities making them popular with a broad range of people. he roup have no ove into resi ential apart ents an this is the secon sche e they have one in the city follo ing on fro their successful 170 apart ent sche e aniel ouse hich co pletes in Q1 2016.

Trip Advisor Rating Signature Living Apartments Rate no. 1 of 90 Speciality Lodgings Signature Hotel Rated no. 1 of 99 Hotels

The Shankly Hotel Unique football-themed, 12 bedroom hotel development featuring Bill Shankly museum.

30 James Street Hotel Full conversion of historic building into a luxury hotel with focus on the building’s history.

Signature Hotel Development of an existing hotel into a 111 bedroom hotel catering for larger groups.

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4 Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


Why Invest in Liverpool? Introduction Student City Liverpool is one of the UK’s most popular student destinations. The city boasts three universities and several very popular colleges. More than 50,000 students currently reside in Liverpool and account for 12% of the population. Since 2007 there has been a 53% rise in student accommodation rental as apparent in the below graph: £140

Growing Economy

Hub for Business

Record Inward Investment

Liverpool’s economy is one of the fastest growing economies in the UK with an annual growth rate of 15%. This is due to several factors one of which is a booming property market in both the residential and leisure sectors along with a thriving tourism economy.

Over 28,000 skilled people are employed in the business services sector across Liverpool. The city is a hub for international trade boasting one of the most active ports in the UK. Liverpool also has a reputation as a world class centre for wealth management.

Liverpool has a constant focus on inward investment. One of the most main examples of this is the new Liverpool Waters £5.5 billion development project. This entails developing the city’s historic docklands area into a new commericla and residential district.

£120 £100 £80 £60 £40 £20 £0 07-08

08-09

09-10

10-11

11-12

Source: NUS Student Accommodation Cost Survey 2012/2013

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7 Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


Residential

a t ents

he sche e has een esigne ith or ing professionals n i i in in given its central location offering true city living. - Be - 2 Be

part ents part ents

Each unit ill feature state of the art appliances, high quality fit out, high spee roa an an en oy full use of the gy an roof terrace. here is also so e car par ing provision on site.

L

a d

e

entrally locate in the Business istrict postco e o inutes fro oorfiel s tation 25 etres fro the ain shopping area u erous cafes an restaurants close y pportunities to secure apart ents ith vie s of the iver ersey or across the ity ooftop gy an gar en for resi ents to train, rela an socialise

Introducing 60 Old Hall Street Introduction l all treet is a high en 115 apart ent sche e situate in a p location on one of the streets in the o ercial istrict of iverpool ity entre. ocate i e iately ne t to the reno ne top en ra e office evelop ent of t auls quare this sche e features acco o ation on floors

at

Lifestyle at 60 Old Hall Street over ground floor commercial. It also contains a gym and rooftop terrace for only ith open vie s of the ity an iver ersey. he co ercial unit an creative office space ill e anage also y ignature iving. ith its o n private entrance an so e n i par ing, ithout ou t this ill e a sought

after location for people looking to live in the City Centre in the middle of the hustle and bustle of the office district by day that turns into a quieter neighbourhood in the evening still only t o inutes al fro the ain retail area an ars restaurants.

loo ing to train and rela don t need to go far. he development comes ith a fully equipped rooftop gymnasium running track and rooftop garden to e ercise hen energy levels are high and chill ith ith friends after a long eek at ork soaking up the ama ing vie s of iverpool. i 2 n i n i n i n i in

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9 Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


e Accommodation Introduction

Bedroom Residential Apartments

l all treet offers a genuine ity entre e perience in a fantastic location that ill co e ith ignature touch . he sche e is co prise of one an t o e apart ents that are ai e at or ing professionals n i i ho genuinely ill e a le to harness the or live enefits this pro ect . ill e a le to

a e use of a 2 hour

concierge service hich acts as oth a convenience an a roun the cloc security solution that ill also onitor the co ercial space. arious units on pp loo have alconies that loo out to ar s the iver ersey. he apart ents separate to the

ill have their o n entrance i s .

Lu ur Apartments

Introduction The one bed i ni apart ents co e ith everything that is nee e y the o ern city eller. The developer anticipates these will be particularly popular with young professionals.

Features

Purchase Information

- Bedroom - pacious Bathroo - Modern Fitted Kitchen - Modern Styling - e icate high spee roa an - Excellent Value

- Prices starting from 10 950 -7 i

Bedroom Residential Apartments Introduction The t o bed i n i apartments give that e tra fle i ility for ultiple nu ers to live an or together in the sa e area an are very popular. he eveloper anticipates these ill e particularly popular ith young professionals.

Introduction

Features

Purchase Information

The apartments will be perfect for sole occupier providing a fully self-contained living space in the e s or for frien s an associates ali e ho oul li e to share a 2 e in a great location ith all the o cons.

-

- Prices starting from ÂŁ10 950 -7 n i - 10 i ni n n i

igh pee Broa an - arge Bathroo s - Modern Fitted Kitchens - Modern Styling - Excellent Value

Features

Purchase Information

- 2 Bedrooms - pacious Bathroo - Modern Fitted Kitchen - Modern Styling - e icate high spee roa an - Excellent Value

- Prices starting from ÂŁ 5 950 -7 n i

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11 Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


9 3 10

2

6

1 5 4

7

8 12

13

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The Location Overview l all treet is situate in a pri e spot in the heart of iverpool s Business an o ercial istrict. urroun e y offices housing thousan s of or ing professionals it is only t o inutes fro orefiel s ail ay tation an ithin al ing istance of all of the city s a or attractions, shopping an leisure facilities inclu ing iverpool ne, the iver ersey an l ert oc s.

people who work and study in and around the city. iven that it is locate in a ustling area y ay it also has the convenience of eing a quieter, rela e neigh ourhoo y night a ing it perfect for tenants. he vie s fro any of the apart ents, several of the ith their o n private alconies, ill e stunning. he front of the uil ing faces irectly out to the iver

ersey an the rear vie s open out ac across the city to t eorges all. iverpool s vi rant city centre. enants ill have easy access to the iverpool ne shopping istrict as ell as the city s useu s, art galleries, the l ert oc an the aterfront. n

7 i i n in

in i

in

i n

n.

i

1

60 Old Hall Street

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101 Old Hall Street

2

St Paul’s Sq

7

oor el s ta on

3

The Plaza

8

20 Chapel Street

4

Capital

9

Beetham Tower

5

Liverpool Echo

10

West Tower

11

Crowne Plaza Hotel

12

Malmaison Hotel

13

tlan c o er otel

i

Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


Purchase Process Investment Units Available Units

1 Bed Apartments Fro n

£ 0 i

50 7

2 Bed Apartments From £ 5 , 5 n

i

7

Introduction Our team of investment advisors are on-call to assist you in the purchase process from the initial enquiry through to the completion of the investment unit purchase. We are more than happy to show potential and interested investors around the site, introduce them to the project’s developer and answer any queries that may arise during the process.

We are anticipating incredibly high demand for this project based on the success of the developer’s past schemes so we advise any interested parties to get in touch with us as soon as possible to avoid disappointment. We have a clear and transparent purchase process, our investment advisors are oncall to take you through each step of the way.

Step-by-step Process

1

Choose an investment unit to buy

2

Pay a £2,500 reservation fee and instruct solicitors

3

Transfer 25% of the funds on exchange

4

Transfer 5% of the funds on completion (balance minus reservat ion fee)

5

Investment process complete

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1 Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


Floor Plans

e a i e Floor Plans

i st Floor Plans

Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


0

2m

4

6

SECOND FLOOR PLAN

8

10

Second Floor Plans

0

2m

4

6

Third Floor Plans 8

10

THIRD FLOOR PLAN

Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.


Fourth Floor Plans 0

2m

4

6

8

10

0

2m

4

6

8

10

FOURTH FLOOR PLAN

FIFTH FLOOR PLAN

Please note, this document has not been reviewed or approved as a Financial Promotion by Kession Capital Limited, all liability lies with the underlying entity or entities. Thank you.




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