INVESTMENT STRATEGY

Cygnet Properties and Leisure PLC seeks to invest where opportunities are available to add value. This may be in the form of achieving planning permission, enhancing the rental stream, carrying out a refurbishment or expanding the built area of the site. Cygnet Properties identifies assets available through a close network of agents, relationships with financial institutions, administrators, receivers and distressed sellers. Acquisitions will only be pursued if there is substantial discount to the market price and the company secures deals with by an ability to act swiftly and avoid the need for immediate funding. This offers a considerable advantage for vendors and institutions in the current economic climate.
 
The portfolio includes a number of joint ventures where we have diversified our risk and achieve exposure to a wider range of investments. The Virani family has had a lengthy and successful history in the property world and this can facilitate access to a number of equity and funding pools.
 
We are keen to meet with potential partners who have identified an investment and to work together with intending occupiers where they may be interested in a long term lease of a property which they have identified.
 
Some examples of the properties which we have invested in, are as follows:

CROWN HOUSE

North Circular Road, Park Royal, London, NW10 7PN
Tel:  020 8961 1415 
Fax: 020 8963 1578

Location
Crown House is situated on the North Circular Road (A406) at its junction with Abbeydale Road. It is within close proximity of the following stations:
- Hanger Lane - Central Line (8 minutes walk)
- Stonebridge Park – National Rail and Bakerloo Line (8 minutes walk)
- Park Royal – Piccadilly Line (18 minutes walk)

Road links are excellent, with the nearby Hanger Lane gyratory system providing direct access to the M40 and M25. There is also easy access to the A1 and M1. Central London and Heathrow Airport are within a 30 minute drive

Investment Details;
- Asset bought in 2001, vacant and dilapidated.
- Full refurbishment carried out.
- Centre now operates at close to 100% occupancy, with a vibrant mix of around 150 SME occupiers.
- Rolling programme of upgrading continues as space is vacated.

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UNIMIX HOUSE


Abbey Road, London NW10 7TR

Location
Unimix House is located on the western side of Abbey Road, just off the North Circular Road (A406) in Park Royal. The property has excellent motorway links with the M1, M40 and M25, all being within close proximity. Local transport links include London Underground (Park Royal and Hanger Lane) and Mainline (Harlesden and Stonebridge Park) stations.

Investment Details;
- Asset bought through a joint-venture sundicate in 2007, derelict condition.
- Planning permission achieved for multiple occupancy as well as showroom/light industrial units in the ground floor.
- Second floor car parking deck introduced to generate circa 75 parking spaces.
- Mezanine floor installed during the total refurbishment in order to add 30,000 square foot of lettable space. 

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CARLYLE HOUSE

235-237 Vauxhall Bridge Road, London, SW1V 1EJ

Location
Carlyle House is located on the south side of Vauxhall Bridge Road, close to its junction with Gillingham Street and adjacent to Queen Mother Sports Centre. Victoria Mainline Rail, Bus and Underground Station is within a five minute walk.

Description
The building has undergone extensive refurbishment and now provides air conditioned, open plan floor plates, with good natural light. Each floor has CAT 5 cabling in place ready for immediate occupation. There is a large roof terrace and the common parts have been finished to an excellent standard. The property is approximately 5000sq ft providing accommodation on lower ground, ground and three upper floors served by a central staircase and lift.

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INTERGEN HOUSE


65-67 Western Road, Hove, East Essex, BN3 2JQ


Location
The building occupies a prominent position on the south side of Western Road at the junction with Cambridge Road, and is situated between Brighton and Hove. It is approximately ¾ mile from Brighton Station which enjoys excellent communications with Central London and the South Coast. There are regular rail services to London Victoria with a travel time of 1 hour; Gatwick Airport is located approximately 22 miles to the north.

Description
lntergen House comprises circa 24,000 sq ft arranged over lower ground, ground and eight upper floors. There are two retail units at ground floor level, with offices above. Superb views of the English coastline are enjoyed from the higher floors.

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CYGNET HOUSE


12-14 Sydenham Road, Croydon CR0 2EE.
Tel: 020 8688 0808


Location
Croydon is the South-East's most pioneering town with many new exciting developments taking place. Cygnet House is located in the heart of this busy commercial area. It is within walking distance to East and West Croydon Railway Stations and Tramlink Service, as well as the Whitgift Shopping Centre. Croydon is easily accessible via road links including the M25.

Description
The property comprises 22,000 sq. ft. of offices, arranged over ground and ten upper floors. Serviced office space is available from 200 sq. ft. to 5,000 sq ft. There are approximately thirty car parking spaces available.

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THRESHOLD & UNION HOUSE


65- 69 Shepherds Bush Green, London, W12 8TX.
Tel:   020 8740 6020      

Location
The property is conveniently located near Shepherds Bush (Central Line) and Goldhawk Road (Hammersmith and City Line) stations. In addition, the A40 and A4 are close by. Westfield Shopping Centre is a less than 5 minutes walk away.

Description
Threshold & Union House comprises of two fully interconnecting office buildings primarily located on the west side of Shepherds Bush Green. Both buildings are of similar specification on ground and five upper floors with rear parking for 39 cars. Shepherds Bush is not included in the proposed western extension of the London Congestion Charging zone.
The buildings provide rectangular open-plan floor plates offering bright, flexible space in floor sizes from 1915 to 7031 sq ft. The property has been through various stages of refurbishment, the latest being in 2005.

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SACKVILLE PLACE

44-48 Magdalen Street, Norwich, Norfolk, NR3 1JU.
Tel: 01603 616221
Fax: 01603 633740

Location
Magdalen Street is an attractive period thoroughfare located to the north of Norwich City Centre. Norwich Railway Station is less than a 15 minute walk and provides services throughout the country.


Description
The property is a Grade II listed structure incorporating two retail units at ground floor level and offices above. It comprises approximately 30,000sq ft arranged over two separate but adjoining office buildings, currently providing 95 small serviced units. The building also provides an arched walkway through which the rest of the property is accessed – the front portion provides three story office accommodation, with access from the main entrance in the rear walkway. Linking through to the front building and adjoining is a four story concrete frame office building with brick exterior elevations under a flat asphalt roof. Two eight-person lifts service each floor.



PARK HOUSE


Park Terrace, Worcester Park, Surrey, KT4 7HY

Location
The building occupies a prominent position on the south side of Western Road at the junction with Cambridge Road, and is situated between Brighton and Hove. It is approximately ¾ mile from Brighton Station which enjoys excellent communications with Central London and the South Coast. There are regular rail services to London Victoria with a travel time of 1 hour; Gatwick Airport is located approximately 22 miles to the north.

Description
lntergen House comprises circa 24,000 sq ft arranged over lower ground, ground and eight upper floors. There are two retail units at ground floor level, with offices above. Superb views of the English coastline are enjoyed from the higher floors.

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VISTA CENTRE

50 Salisbury Road, Hounslow, TW4 6JQ.
Tel: 020 8538 0100      

Location
Vista Centre is conveniently located close to London's Heathrow airport and a short 20 minute drive to Central London. A shuttle bus service is offered to and from the nearest underground station (Hounslow West – Piccadilly Line) in the morning and afternoon.

Description
There is 24 hour security based in the lobby, a restaurant with an outside decked area for al fresco dining, gym, indoor swimming pool and all weather sports pitch. There is 24 hour access, including weekends and pre-arranged holidays. There are boardroom facilities available for all tenants to use.

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OLD WOKING - SURREY

Broadmead Road, Old Woking, Surrey.

Location
The site lies approximately 1 mile from Woking Town Centre in North West Surrey which is 25 miles from London, 40 miles from the South Coast, and within reach to the M25 (J10), M3 and A3. There is also a direct mainline station servicing London, the South and the South West.

Description
The site is located near to an existing residential development, with excellent countryside views and riverside walks. There is a right of way heading from Broadmead Road and although the site does not have the benefit of planning permission at this time, it would be intended that there should be access roads serving all plots.



LPC HOUSE

Trinity Road, Folkestone, Kent, CT20 2RJ.


Location
Folkestone is a well-established port, which lies to the south-east of London. The M20 (J13) is 1 mile away from the town and provides access to the M25 and Channel Tunnel. The property lies on the western side of Folkestone Town Centre and is an established office pitch.

Description
The property comprises 23,797sq ft of office space and is arranged over lower ground, ground and two upper floors. The accommodation is arranged in a "T" shape and is specified to include central heating, raised floors and 73 car parking spaces.




JOLYON HOUSE

Amberley Way (Off Green Lane), Hounslow, TW4 6BH.

Location
The property is located in close proximity to the Great South West Road (A30), Staines Road (A315) and A4, which provide immediate access to the motorway network. There is a bus service along Green Lane which includes links into Heathrow terminals 1, 2 and 3. The nearest stations are Feltham Mainline which provides access into London Waterloo, and Hatton Cross underground station (Piccadilly Line).

Description
The property is constructed over ground, first and second floors, and is divided into cellular rooms providing economic office space. The site provides approximately 25 on site car parking spaces.



CHASE ROAD

6 Chase Road, Park Royal, NW10 6HZ.

Location
The property is located in the heart of Park Royal, on the west side of Chase Road, close to the junction with Minerva Road. The A40 and A406 are both in close proximity. The entire area comprises a mixture of warehousing, light industrial and distribution depots, together with some retail warehousing. There are a number of business parks, trading estates and industrial estates in the vicinity. North Acton underground station (Central Line) is situated approximately 300m away.

Description
The property is constructed over ground and one upper floor. At the front of the property is a parking area for up to six cars behind a steel fence and gate. Internally, the property comprises a mix of office and warehousing at ground floor level, while the upper floor has been partitioned to provide cellular office space.



RIVERBANK HOUSE

1 Putney Bridge Approach, London, SW6 3JD.
Tel:  020 7384 3300 
Fax: 020 7371 9949


Location
The property is situated on the North side of Putney Bridge at the end of Fulham High Street. The nearest tube station is Putney Bridge (District Line), and is situated a minutes walk away behind the building, where there is also a bus station. One can also find Putney Main Line Train Station being a 5 minute bus ride away.

Description
The property comprises of approximately 27,000 sq ft of offices, arranged over lower ground, ground and seven upper floors. There are approximately twenty five car parking spaces at basement level. A serviced office centre is operated from the property, providing office space from 200 sq. ft. to 5,000 sq. ft. Rents are inclusive of Business Rates, electricity, gas, water, maintenance and communal cleaning.



LONDON ROAD

321 London Road, Camberley, Surrey, GU15 3HQ.

Location
The property is located in a good trading location in this affluent Home Counties town.

Description
The property consists of a ground floor shop used as offices for car hire, the upper parts being used for the tenants residential purposes.



BATH ROAD


732 Bath Road, Cranford, Middlesex.

Location
The site occupies a prominent site on the A4 Bath Road at the junction with Berkeley Avenue, 2 miles from London Heathrow and 12 miles from Central London.

Description
A detached former Petrol Station now used as a Car Wash with front forecourt and drive-through access with single storey triangular office.



ABBEY INDUSTRIAL ESTATE


27 Abbey Industrial Estate, Mount Pleasant, Woodside Avenue, Alperton, Middlesex, HA0 1RO


Location
Mount Pleasant is located off Bedford Avenue, which gives access to the North Circular Road (A406) and Hanger Lane (A40). Woodside Avenue is located just off Ealing Road, which has Alperton Station (Piccadilly Line) close to the junction with Bridgewater Road (A4005).

Description
A single-storey unit of steel frame and brick under a pitched roof in clear space, with first floor offices divided by partitions. Loading is via a 8 x 8 ft. roller shutter and there is a small side yard affording off street parking with further spaces on the forecourt.



CROWN STREET


16/28 Crown Street, Acton, London, W3 8SB.


Location
Acton is a thriving west London suburb situated approximately five miles to the west of Central London. The property is off Uxbridge Road, close to the amenities provided along Acton High Street. Communications within the area are excellent with easy access to the M40 and M4.

Description
The property was developed to provide purpose built retail units on the ground floor and residential accommodation on the upper parts. It comprises 3742 sq ft (~347sq m) of rental / office space.



SHERIDAN HOUSE


112-116A Western Road, Hove, East Essex, BN3 1DD.


Location
The building occupies a prominent position on the south side of Western Road at the junction with Palmeira Square and is situated between Brighton and Hove. It is approximately ¾ mile from Brighton Station which enjoys excellent communications with Central London and the South Coast. There are regular rail services to London Victoria with a travel time of 1 hour; Gatwick Airport is located approximately 22 miles to the north.

Description
Sheridan House comprises 22,000 sq ft (2044 sq m) arranged over lower ground, ground and five upper floors, comprising three ground floor retail units and fully air-conditioned offices on the upper floors. There is also substantial basement car parking. The ground floor retail units all have glazed frontages onto Western Road with one unit benefiting from a small return frontage onto Cambridge Road. The office accommodation on the upper five floors is generally open plan, with some partitioning to provide meeting rooms and kitchen facilities. There are two six-person passenger lifts and stair access to the rear of the property.



KING STREET - HAMMERSMITH


141-143 King Street, Hammersmith, London, W6 9TG.


Location
The property is situated in the heart of Hammersmith, adjacent to the Town Hall, and close to Kings Mall Shopping Centre. Hammersmith underground station (Piccadilly, District and Hammersmith & City Line) is approximately 500 yards away. Immediately opposite is a recently completed Holiday lnn Hotel.

Description
The building is a modern construction arranged over ground and three upper levels. There is a lock up shop unit at ground floor level, and, on the first floor, air conditioned open plan offices as well as a number of individual rooms. On the second and third floors are four self contained flats with a separate entrance on Macbeth Street. To the rear is a private car park providing a minimum of four car parking spaces.



KENSINGTON CHURCH STREET


131 A-E Kensington Church Street, London, W8 7LP.


Location
Kensington Church Street runs between Notting Hill Gate and High Street Kensington and is a fashionable street being particularly popular with the antique trade. This prosperous London district is situated just 1½ miles to the west of Hyde Park Corner and is well served by Underground services.

Description
The property is arranged on ground and two upper floors. It provides four ground floor shops with basement storage, a suite of self-contained offices and a self contained maisonette.



SIGNAL POINT


Station Road, Swindon, Wiltshire, SN1 1FE.


Location
Swindon is a major business commercial centre located in north-east Wiltshire. The property is prominently located in the central office district of Swindon, directly above the mainline station. The area is well served by public car parks and is close to the main retail district.

Description
The property comprises a 12 storey office building providing approximately 79,200 sq ft (~7358 sq m) of office space. The property benefits from a dedicated lobby on the ground floor, with four lifts providing access to the remaining offices. The ground floor also houses a ticket hall and tunnel access to the Rail Station.



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Crown House
North Circular Road
Park Royal London

Telephone: 020 8961 1415
Fax: 020 8961 3211

Email us