GLOBAL FLAGSHIP RETAIL STORE TO LET
354 OXFORD STREET LONDON W1 INTRODUCING OXBOURNE HOUSE INTRODUCING OXBOURNE HOUSE
More than four million m people visit Oxford 4 Street each week. Source: BBC, 2019 INTRODUCING OXBOURNE HOUSE
Oxbourne House marks an exciting opportunity for a leading international retailer or brand.
Oxford Street is Europe’s busiest shopping street, with over 200 million visits per year. The estimated annual turnover on Oxford Street is £5.16bn, generating over half of all West End sales. Sales density on Oxford Street is more than 5.5 times the UK High Street average. The fully-operational Elizabeth line is expected to bring 54m additional visitors to Oxford Street and the surrounding area. This is projected to increase total West End turnover from £9.2bn in 2018 to £13bn in 2023. Largest investment in a UK High Street in 2020; Westminster City Council have pledged £150m to upgrade public realm and transport in the Oxford Street district which in turn will create more pedestrian space.
(Source: HDH, New West End Company and Savills, 2019) A PRIME POSITION
The location of Oxbourne House is A UNIQUE exceptional. It occupies a unique island site in the prime section of Oxford Street, POSI TION theA busiest PRIME shopping destination in Europe. Situated above and opposite thePOSI entrances to Bond TION Street Station, it is strategically positioned to benefi t from the arrival of Crossrail.
MARYLEBONE LANE CAVENDISH SQUARE
WIGMORE STREET MARYLEBONE
HENRIETTA PLACE OXFORD CIRCUS
VERE STREET OXFORD STREET
OXBOURNE HOUSE
JAMES STREET
DUKE STREET
OXFORD STREET REGENT STREET PRINCES STREET ZARA
BOND STREET HANOVER SQUARE CROSSRAIL
NEW BOND STREET
GILBERT STREET
SOUTH MOTLON ST
DAVIES STREET
WEIGHHOUSE STREET MAYFAIR
BROOK STREET WEST END BY NUMBERS
Oxford Street: 200m 17% £150m Annual footfall 2019 tax-free spending Amount pledged by WEST the highest of any up 17% – highest of any Westminster City Council to shopping street in Europe key West End street upgrade the public realm eND bY in the Oxford Street district NUMBeRS
West End: £1.75bn 25% 50% Selfridges annual turnover of shoppers Over half of all West End sales in last fi nancial year visit from overseas are generated on Oxford Street MODERN RETAIL ON OXFORD STREET
MODERN RETAIL ON OXFORD STREET ON TRACK FOR SUCCESS
ON TRACK New West End Company project the impact of Crossrail will be: FOR SUCCESS 91m 55% Additional Visits West End footfall to the West End increase by 2033 by 2033
£13bn 69m Annual West End Passengers per year using sales by 2023 Bond Street station by 2023
15mins 26mins Journey time from Bond Street to Journey time from Bond Street to Stratford is currently 23 mins. Heathrow is currently 40 mins. FLOORPLANS FlOOR PLANS FLOORPLANS
Net Internal fl oor area 86 ft/26.2m GROUND Gross Frontage FlOOR
Areas not included 1,575sq. ft 3.18 m floor to ceiling Height Indicative lift and stair location
FLOOR AREA (sq.ft)*
Ground Floor 1,575
First Floor 2,274 BOND STREET STATION Basement 1,321 ENTRANCE
TOTAL 5,170
*Areas exclude future lift and stairs
Stratford Marylebone Place Lane FLOORPLANS
Net Internal fl oor area FIRST FlOOR
2,274sq. ft 2.83 m floor to ceiling height
Areas not included
Indicative lift and stair location
BASEMENT FlOOR
1,321 sq. ft 3.26 m floor to ceiling height LEASING INFO
Lease terms The unit is available on a new lease basis for a term to be agreed.
Quoting rent Upon application.
Business rates LeASING To be reassessed, further information available upon application.
INFO Service charge & insurance £3,500 service charge + £6,500 insurance.
Energy performance certifi cate The unit will need to be MEES compliant following the tenant’s fi t-out works.
Possession Expected in July 2020.
Planning Use Class A1.
Specifi cation The unit will be handed over in shell condition with capped off services. A full handover specifi cation is available on request. Savills and Colliers International, their clients and any joint agents give notice that: 1. They are not authorised to make or give any Sara Simpson representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client Colliers or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form [email protected] part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or International 07814 495712 distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should Peter Flint not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any 020 7487 1641 services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. peter.fl [email protected] 07870 999192
Sam Foyle Savills [email protected] 020 7734 3443 07764 338689 Anthony Selwyn [email protected] 07917 657747