Down Street. A Commercial Development Opportunity

A Commercial Development Opportunity

Down

Street

Contents

Discover

History

A Blank Canvas

The Space

The Possibilities

Far-reaching Opportunities

Considerations

Additional Information

How to Get in Touch

Discover...

An extraordinary world of unexplored and untapped potential, right beneath the surface of the most diverse, vibrant and exciting

city in the world.

The ability to create an exceptional and unique space in a setting that has a fascinating story; a history waiting for its next chapter to unfold.

A venue that can facilitate the aspirations of the most ambitious and creative entrepreneurial minds.

DISCOVER | 2

HOME

...Now Imagine

One of the most remarkable spaces in the world is searching for you – a partner to bring it alive with a proposal to fully utilise one of the most exclusive business opportunities available in London.

Down Street station is that space.

This unique and quirky venue is situated in an incredible location at the heart of London’s prosperous and much-desired Mayfair.

For the first time in 90 years, Down Street station is considering new tenants for a prospective new lease of life.

Perfectly located for business prospects and

clientele of many guises, it lies between Green Park and Hyde Park Corner stations, having previously been a stop on the Piccadilly line.

Making available approximately c.400m² under

some of the most expensive commercial property in London its just waiting for its full potential to be unleashed.

The impressive surface level entrance of impacting ox-blood red-glazed brick façade, with grand

columns and large semi-circular windows, beckons potential clients from the west side of Down Street, just off Piccadilly.

DISCOVER | 3

HISTORY | 4

A space with a story; a history awaiting a new chapter…

Down Street’s life as a tube station was short and it closed in 1932 due to low passenger usage. However rare historical attributes remain as evidence of the vital role the site played in the war effort. It was the protected underground headquarters for the Railway Executive Committee

throughout the war and may have been used by Churchill and the War Cabinet while the Cabinet War Rooms were being prepared.

History

The station has scope to be developed for a variety of uses. An unorthodox space, it comprises of a disused lift shaft, a passenger tunnel and one smaller tunnel.

An initial Feasibility Study, conducted by Carmody Groarke, has highlighted some options to effectively utilise the potential combination of spaces.

Spaces without the secondary revenue function would be left as existing.

The site is currently used by maintenance staff and this continued use will need to be facilitated in any development.

Total area: c.400m²

A BLANK CANVAS | 5

A Blank Canvas

The Space:

Low Level Subway 115m² GIA

-Gallery

Brand Experience or Product Launch

High Level Subway 58m² GIA Ground Floor Entrance 23m² GIA Basement 44m² GIA

HOME

The Possibilities

–

What do you want it to be?

THE POSSIBILITIES | 7

Immerse?

THE POSSIBILITIES | 8

Immerse

THE POSSIBILITIES | 9

Imagine a truly intimate theatrical production

performed in front of a small, exclusive audience.

Lift Shaft

- Theatre

Browse?

THE POSSIBILITIES | 10

Browse

THE POSSIBILITIES | 11

Imagine browsing collections of fine jewellery or handbags, the items displayed beautifully against the featured backdrop.

Lift Shaft

- Shop

Mingle?

THE POSSIBILITIES | 12

Mingle

THE POSSIBILITIES | 13

Imagine sipping cocktails in a hidden and incredibly exclusive underground bar in the heart of Mayfair.

Lift Shaft

- Bar

Dine?

THE POSSIBILITIES | 14

Dine

THE POSSIBILITIES | 15

Imagine a plate of haute cuisine served against the backdrop of Down Street’s underground lift shaft.

Lift Shaft

- Restaurant

Peruse?

THE POSSIBILITIES | 16

Peruse

THE POSSIBILITIES | 17

Imagine the best modern art on display, being bought to life in the unique surrounds of the lengthy passenger tunnel.

Low-Level

Subway

- Gallery

Experience?

THE POSSIBILITIES | 18

Experience

Low-Level

Subway

-

Brand Experience

or Product Launch

Imagine a cutting edge, exciting product launched in a secret location, deep under the streets of Mayfair.

FAR-REACHING OPPORTUNITIES | 20

Future Potential for

Far-reaching Opportunities

Successful development of this rare and un-conventional space of tunnels, shaft and box rooms is an exciting venture for TfL.

It heralds the launch of a progressive move forward in releasing other remarkable sites and assets that currently lie untapped – thousands of square metres of prime raw space; creating new

capacity and delivering extraordinary development opportunities in choice and profitable areas

of London.

This is your moment to get on board and help conceive and influence a future of innovation and unprecedented development.

CONSIDERATIONS | 21

Considerations

DOWN STREET

We will be providing drawings and plans from the Carmody Groarke Feasibility Study to interested parties. The bulk of the potential commercial space is in one passenger foot tunnel, one disused lift shaft and one smaller tunnel.

Given the restricted space available and our requirement to maximise commercial returns from the site, it is likely that low footfall / high revenue

uses will be most successful in this location.

ADDITIONAL INFORMATION | 22

Additional Information

Re-Investment

The revenues raised will be re-invested into London’s transport network, allowing us to make journeys better for everyone. Depending on the potential benefits – TfL will consider both short and long term lease agreements.

Planning Restrictions

The site is not currently ‘listed’. As the tender competition progresses and TfL identifies a short list of preferred schemes we will work with English Heritage and

Westminster City council to ensure that we are only progressing schemes that are likely to achieve planning permission. Timings

For this tender competition we are not obliged to follow full EU Procurement Regulations (OJEU). However we will run an open, fair and transparent process. Interested parties should visit

www.tfl.gov.uk/commercial-opportunities to register their interest.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not

be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

HOW TO GET IN TOUCH | 23

Contact

For further information including the full Feasibility Study, architectural plans and to register an expression of interest, please use the contact details below:

www.tfl.gov.uk/commercial-opportunities Niall Brolly, Business Development

Transport for London T: 020 3054 4570

E: [email protected]