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Project Name: 5 The Pavement, Clapham Common, London SW4 0HZ

Agent: *** - Asking Price £3,000,000


Project Name: 42 Caversham Road
Level £/Sq f*, ** GIA GDV
Kentish Town NW5 2DS
Unit 1 526 1098 £ 577,548.00
Unit 2 526 883 £ 464,458.00
Unit 3 526 710 £ 373,460.00
Unit 4 526 1109 £ 583,334.00
Unit 5 526 861 £ 452,886.00
Unit 6 526 1066 £ 560,716.00
Total 5727 £ 3,012,402.00

Construction + Overhead Costs Rate Space Total Cost


Construction £250 5727 £ 1,431,750.00
Overheads 10% £ 143,175.00
Demolition & Site Clearing £30.00 £ -
Total £ 1,574,925.00
Total psqft £250

Other Costs Rate Total Costs


S.106 £ -
CIL payment £35.00 532 £ 18,620.00
Contamination £ -
Agent fees on sales 1.50% £ 45,186.03
Legal fees on sales 0.30% £ 9,037.21
Total other costs £ 72,843.24

Total Costs £ 1,647,768.24


Total Cost per sqf - ALL IN £ 287.72
Project Duration (Months) 18

Project Costs Rate Cost Total Cost


Site Purchase £ 3,000,000.00
SDLT £ 363,750.00
Legal fees 0.50% £ 3,000,000.00 £ 15,000.00
Total Costs £ 1,647,768.24

TOTAL PROJECT COSTS £ 5,026,518.24

Total Investment required £ 5,026,518.24


Equity investment (SDLT + Legal fees +
50% of Project) 50% £ 2,702,634.12
Loan required (50% of Project (Site
Purchase + Construction) 50% £ 2,323,884.12
Loan interest (18 months) 5% £ 116,194.21

Project Profit -£2,130,310.44


Return on Project -41%
Return on Equity Investment -79%

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