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.co.uk/retail Shaping Retail. Contents The Team 3 The Savills Approach 4 London 6 7 Track Record: 8 Track Record: 10 Track Record: Old Market 12 Case Study: Nike Women’s Store 13 Track Record: APM Monaco 14 Case Study: Itsu 15 Bond Street 17 and 19 Mount Street and South Audley Street 21 South Molton Street 23 and Bruton Street 25 27 Oxford Street East 29 Oxford Street West 31 Marylebone High Street 33 : Neal Street 35 Covent Garden: Long Acre 37 Covent Garden: Seven Dials 39 41 King’s Road 43 High Street 45 47 and 49 51 Westbourne Grove 53 Spitalfields 55 Westfield Stratford 57 59 One Stop Shop 60 The Team Agency Lease Consultancy

Anthony Selwyn Laura Salisbury-Jones Alan Spencer [email protected] [email protected] [email protected] +44 (0) 20 7758 3880 +44 (0) 20 7409 8830 +44 (0) 20 7758 3876

Peter Thomas Tiffany Luckett Paul Endicott [email protected] [email protected] [email protected] +44 (0) 20 7734 3443 +44 (0) 20 7758 3878 +44 (0) 20 7758 3879

Sam Foyle Benjamin Ashe Kristian Kendall [email protected] [email protected] [email protected] +44 (0) 20 7409 8171 +44 (0) 20 7758 3889 +44 (0) 20 7758 3881

Sarah Goldman James Fairley Daniel Aboud [email protected] [email protected] [email protected] +44 (0) 20 7758 3875 +44 (0) 20 7758 3877 +44 (0) 20 7758 3895

Oliver Green Claire Lakie [email protected] [email protected] +44 (0) 20 7758 3899 +44 (0) 20 7758 3896

Lance Marton Research [email protected] +44 (0) 20 7758 3884 Marie Hickey [email protected] +44 (0) 20 3320 8288 For general enquiries: [email protected]

3 The Savills Approach

Savills Retail team is recognised as a market leader within the sector and we have extensive experience in Central London, leasing and asset management and Landlord & Tenant matters. We have unrivalled knowledge of brand requirements and new entrants to the Central London market, complimented by our in-depth knowledge and understanding of all types of retailers, from the luxury groups to the existing and established retailers. As such we are best placed to advise on your strategies with our unmatched knowledge of London’s key retail destinations from Oxford Street to Westfield London, where years of experience have given us a thoroughly deep knowledge of the retail and property industry.

4 FIRST LETTING AT £700, £800, £900, £1000 AND £1,100 ZONE A

THE MOST 1ST ZONE A ACTIVE LETTING TO RETAIL INGLOT AT AGENCY IN £1,100 PSF THE LAST 18 MONTHS

5 London

London attracts the best of the international brands due to the phenomenal amount of international visitors and overseas shoppers which make it a truly global destination. It is key for an international brand to have a strong presence in London, fundamentally due to its size and position on the global retail stage. The London Way to Success

Access to Shopping hotspots Creative fashion Test the customers with identity capital global market

In 2015 London saw 31.5 million London is known for its retail Voted the global fashion capital of London is a great stepping stone to visitors. In the same year these destinations, which are dotted the world for two years running, global expansion. Brands such as visitors boosted the economy by around the capital. London benefits London is home to the world’s top Rag & Bone and Nike’s first women’s £15 billion, thus spending more from the fact that landlords often fashion and design schools. only store, have opened their first on retail, restaurants, hotels and own large areas of the city, which stores here outside of the USA. attractions than ever before. enables them to create the perfect It is the ideal place to be for recruiting environment for retailers, similar to top design talent, with London These stores trade better than The city is a tourist magnet, with the way in which landlords create Fashion Week, held in February and anywhere else in the world in some some of the world’s most famous specific retail environments in September, generating estimated cases. For example, Victoria’s Secret shopping streets. shopping centres. annual sales of more than £100m. Bond Street store is its highest turnover store in the world. In addition, by creating your brand Streets such as Oxford Street and presence here in the UK, you will Regent Street, or areas such as create an online market presence Spitalfields and Covent Garden have which can tap into a share of the a true identity, which keeps shoppers £114 billion spent online each year returning for more. by UK customers.

London has a population of 8.3 million, who have an average gross disposable income of £1,787 per month.

6 Crossrail will bring 30% 200m passenger journeys will be more people to the West End made on Crossrail every year – and this will increase spend by increasing London’s rail capacity £1.5bn per year by a tenth

Crossrail

More than 155,000 passengers already use the Bond Street Demand at station daily. Passenger numbers Station is expected are expected to increase to to increase by at least 30% 225,000 in 2018

7 Track Record: Oxford Street

Our dedicated Central London Retail Team, including investment, agency and landlord and tenant specialists, have enjoyed the greatest market share of all Oxford Street transactions in recent years.

Savills have acted on behalf of the landlord on each occasion that a new benchmark has been established on Oxford Street, agreeing the first £700, £800, £900, £1,000 Zone A and most recently £1,100.

In 2015 the team secured the previous record rent for Oxford Street on behalf of the same owner with a letting to Swatch Group Ltd at over £1,000 Zone A. In the last 3 years we have successfully transformed the profile of this parade and significantly enhanced the value of our clients investment. This will be further bolstered by the next opportunity at 411-413 Oxford Street which we have recently launched.

Other recent deals include Tesla, Curry’s, Swatch and a second store for JD Sports on the former Toy Store at 375-381 Oxford Street. Recent rent review instructions include Adidas, H&M, HMV, Forever 21 and Swarovski to the West of Oxford Circus, and Russell & Bromley, Bershka, Urban Outfitters, Schuh, H&M, HSBC, Moss Bros and O2 to the East.

8 Oxford Street – Inglot, 409 Oxford Street: On behalf of a Hong Kong based investor the Central London Retail team identified that there was a strong requirement from a number of cosmetics brands seeking a presence on Oxford Street. Having negotiated a surrender with Camper, we received several bids for the unit eventually agreeing a deal with Polish cosmetics retailer Inglot, at £1,113 Zone A. This set a new record rent for Oxford Street. It will be Inglot’s first Central London flagship store following successful openings at Westfield London and Westfield .

9 Track Record: Bond Street

Our dedicated Central London Retail Team, including investment, agency and landlord and tenant specialists, have enjoyed a significant market share of Bond Street transactions in recent years.

Noteworthy deals include:

• 21-23 New Bond Street – Cola Holdings - Savills Central Retail London team have acted for Cola Holdings on their flagship Westbury Hotel building for over 10 years. In 2015 we acted on behalf of Cola Holdings agreeing a rent review increase on the flagship retail unit from £3,150,000 to £5,200,000. Earlier this year we concluded a letting to Maiyet for a 30,000 sq ft unit on Conduit Street. We are currently working on proposals to further enhance our clients investment value of the asset.

• 47-52 New Bond Street - Purchase for Oxford Properties/ Richemont having acted for the previous owner where we concluded a re-gear on the Emporio Armani at £1,000 ZA.

• 98 New Bond Street – Letting to Philipp Plein bringing this iconic new brand to the most Northern section of Bond Street whilst achieving a record Zone A rate.

Our lease consultancy team have a similarly strong track record, having negotiated several high profile reviews and renewals over the last few years. Recent instructions include several flagship stores such as Dolce & Gabana, Daks, Burberry, Salvatore Ferragamo, Mulberry and Victoria’s Secret.

10 130-137 New Bond Street On behalf of a private investor the Central London Retail and Investment Teams sold 130-137 New Bond Street to a joint venture between Oxford Properties and Richemont for over £300 million, representing a net initial yield of circa 2.5%.

11 Track Record: Old

Tribeca Holding purchased in 2013 and since 2014 Savills have been instructed to help re-establish the whole scheme and reform it to its former glory, as one of London’s top shopping destinations.

There are 48 units in the scheme and since being appointed, we have done 25 deals across the scheme.

Some of the notable tenants we have signed to the scheme to date include:

We have also been involved in the repositioning of the market space, providing the client with comprehensive advice about potential occupiers and possible schemes and place making initiatives which could improve the internal market.

12 Case Study: Nike Women’s Store

On behalf of our key estate client Martin’s Properties, the Central London team identified a strong requirement for larger unit sizes in the prime pitch of the King’s Road. As a result, we advised our client to maximise the potential of their asset by repositioning two smaller units to create one larger unit.

We secured a pre-let on the unit, having received several bids for it. We eventually agreed a deal with international sportswear retailer Nike at a record Zone A for the location. The store received worldwide press as it became one of Nike’s first stores in the world to cater only to women. As a result, we were able to drastically transform the profile of the parade and significantly enhance our clients investment value.

We have since gone on to achieve another record Zone A for the block at 33E, letting a small unit to Japanese cosmetics brand Laurel, another first in the UK.

13 Track Record: APM Monaco

APM Monaco is a trendy and accessible jewellery brand inspired by the chic of Monaco and South of lifestyle. They design timeless modern and contemporary pieces following fashion trends.

As well as in France, they have stores in Mainland China, Hong Kong, Macau, and soon to be in the U.S. They are hoping to expand further into Central and Eastern Europe as well as Scandinavia, Turkey and the Middle East (including UAE, Qatar, Saudi Arabia, Iran, and Lebanon).

Globally, Savills have acquired a number of stores for APM Monaco across Mainland China, Hong Kong, the U.S. and U.K. We acquired their first U.K. store on South Molton Street in London in January 2016. The transaction was an assignment of an existing lease expiring in 2023 at a minimal premium. We have since advised them on further London acquisitions and introduced the client to a number of our European offices (including , Madrid, Frankfurt and Dusseldorf).

14 Case Study: Itsu

Savills have worked with Itsu since it’s inception, acquiring their first premises in Chelsea in 1997. The relationship with the business was cemented between Itsu and Savills from the beginning, as founder Julian Metcalfe (formerly of Pret a Manger) has always worked closely with Peter Thomas who acquired their first ever store for Pret a Manger back in 1986.

Since then Savills have acquired the majority of their 60+ ITSU stores and remain their preferred advisor, most recently helping them with their expansion outside of London where they now have 6 stores. Globally Savills are helping Itsu identify suitable sites and consider all international opportunities with all of our worldwide offices.

One stand out acquisition that Savills secured for Itsu is their Flagship Strand in 2015, which is arguably one of the most prominent stores on the street, trading exceptionally well. This was the first time Itsu paid over £500,000 in rent, showing how the concept has gone from strength to strength since its inception, with the ability to pay extremely competitive rents.

15 16 Bond Street

Bond Street is a world famous shopping destination, renowned for its luxury brands.

Located in Central , the street has an unfathomed desirability for international brands and as such there is little supply of units. This has led to demand being concentrated on ancillary retail locations such as Dover Street, Conduit Street and Bruton Street.

Brands include:

Key Contacts Agency Professional Anthony Selwyn Alan Spencer Paul Endicott

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Bond Street £2,700,000 £1,377,000 £20,000 £4,097,000

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 30ft zones.

17 18 Dover Street and Albemarle Street

Similarly to Mount Street and Conduit Street, these two streets have become highly desirable in the last few years, with rents almost tripling due to demand from new retailers in the area. There has been a 300% increase in retailers taking space on the two streets. Made famous by the Dover Street Market and brands such as Paul Smith locating here, the streets have been high in demand from luxury retailers.

Brands include:

Key Contacts Agency Professional Peter Thomas Alan Spencer Tiffany Luckett

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Dover Street and £438,750 £223,763 £20,000 £682,513 Albemarle Street

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones.

19 20 Mount Street and South Audley Street

Mount Street and South Audley Street’s buildings are Queen Anne revival architecture in a distinguishing red brick. This is arguably one of the most striking areas of Mayfair as a result of the building design seen here and, as a consequence, the area still maintains its traditional village feel. The majority of the two streets are owned by landlord Grosvenor, who has extensively repositioned the area. Mount Street is now one of the most superior destinations for luxury fashion in London. Traditionally the area had a village feel, with retailers being antique and art dealers, alongside estate agents and local food stores. Since 2006, Mount Street itself has experienced a resurgence. Today, all of the restaurants and retail units boast a number of international names, which include Roksanda Illincic, Christian Louboutin, Christopher Kane and Céline. On South Audley Street French luxury designers Erdem and Balmain have both opened their stores.

Brands include:

Key Contacts Agency Professional Sarah Goldman Alan Spencer

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Mount Street and South £550,875 £280,946 £20,000 £851,821 Audley Street

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones. 21 22 South Molton Street

South Molton Street is a small pedestrianised shopping destination which connects Oxford Street in the north to Brook Street and Bond Street to the south. It has a number of aspirational retailers, including French fashion brands, a small luxury department store and a number of jewellery retailers. Brands include:

Key Contacts Agency Professional Laura Salisbury Jones Alan Spencer

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) South Molton Street £195,000 £99,450 £3,750 £298,200

Based on a store of 750 sq ft on ground.

23 24 Conduit Street and Bruton Street

Similarly to Mount Street and Dover Street, these two streets have increased in desirability in the last few years, with high premiums being paid for by retailers to secure their presence here. This is mainly due to their proximity to Bond Street. There has been a 300% increase in retailers taking space on the two streets. Made famous by the Dover Street Market and brands such as Paul Smith locating here, the streets have been high in demand from those luxury retailers who don’t want to pay Bond Street rents. Brands include:

Key Contacts Agency Professional Anthony Selwyn Alan Spencer

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Conduit Street and £497,250 £253,598 £20,000 £770,848 Bruton Street

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones.

25 26 Regent Street

Known as a shopping destination, Regent Street now rivals the Champs Élysées and Fifth Avenue as a world class place to shop. With over 2km of store frontage, it is home to one of the finest collections of international brands. Regent Street has 7.5 million tourist visits a year. The Crown owns the majority of the street, spending £1 billion in investment to transform it and maintain its shopping prestige.

Brands include:

Key Contacts Agency Professional Anthony Selwyn Alan Spencer

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Regent Street £1,012,500 £516,375 £20,000 £1,348,875

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 30ft zones.

27 28 Oxford Street East

Oxford Street is one of the world’s most famous shopping destinations. The street stretches over 2 miles from in the east to Tottenham Court Road in the west.

The east of the street was previously seen as a secondary location in comparison to its counterpart. However with the arrival of the new Crossrail station in 2018 at the street’s junction with Tottenham Court Road, retailers are competing to get new stores in this area to cater for the new demand. Zara has recently opened a brand new 45,000 sq ft shop in this area.

Exit/entries from the Crossrail station at Tottenham Court Road are set to increase by 223% by 2026.

Tottenham Court Road will see the largest increase with 306,000 exits per day.

This leads to footfall trebling across the whole of Oxford Street, with the east end of Oxford Street forecast to see the greatest increase. Brands include:

Key Contacts Agency Professional Sam Foyle Alan Spencer Anthony Selwyn Paul Endicott

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Oxford Street East £1,012,500 £516,375 £20,000 £1,548,875

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 30ft zones. 29 30 Oxford Street West

Housing one of London’s most cherished department stores, Oxford Street West is a magnet for the biggest high street fashion brands in the world, and for tourist visitors. There has been a historical correlation between international visitor growth and retail sales in the West End. As mentioned, is a major draw for international visitors and provides an opportunity for enhanced footfall and spend within its vicinity. Crossrail is set to further increase the demand in this area, with the Bond Street station exits and entries forecast to increase 197% by 2026. Oxford Street West has the largest proportion of overseas tourists at 53% of its shoppers, as compared with the West End average of 31%. Currently Oxford Street West attracts 10.2 million visitors per month.

Brands include:

Key Contacts Agency Professional Sam Foyle Alan Spencer Anthony Selwyn Paul Endicott

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Oxford Street West £1,485,000 £757,350 £20,000 £2,262,350

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 30ft zones. 31 32 Marylebone High Street

The majority of Marylebone High Street is owned by the . The high street boasts one of the most attractive and thriving high streets in London, following a 10 year programme to upgrade the retail offer in the area. The owners have created a more village-like atmosphere in the heart of the estate, attracting the right mix of retailers. There is an extremely high population of affluent local residents in the immediate vicinity, as well as being close to the office working population of the area.

Brands include:

THE WHITE COMPANY LONDON

Key Contacts Agency Professional Oliver Green Daniel Aboud James Fairley

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Marylebone High Street £438,750 £223,763 £20,000 £682,513

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones.

33 34 Covent Garden Neal Street

Neal Street is a fun, young and vibrant street, located just a few metres from Covent Garden tube station. The street has a large focus on accessories and shoes, with around 60% of the units on the street being let to shoe retailers.

The majority of the street is owned by .

Covent Garden itself has 42 million visitors per year, with 70% of visitors to London choosing to specifically go to Covent Garden. It has a strong visitor profile of both tourists and Londoners, with an average dwell time of 77 minutes.

Brands include:

Key Contacts Agency Professional Lance Marton Kristian Kendall

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Neal Street £255,938 £130,528 £3,750 £390,215

Based on a store of 750 sq ft on ground.

35 36 Covent Garden Long Acre

Long Acre is Covent Garden’s ‘mini Oxford Street’, featuring all of the major high street brands you would expect to find in an area of high demand. The landlords of the street are often diverse and there is no singular ownership. 16 million people exited Covent Garden station last year, which is an exit-only station. Visitors also come in from stations nearby such as and Holborn. Brands include:

Key Contacts Agency Professional Lance Marton Kristian Kendall Peter Thomas

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Long Acre £692,250 £353,048 £20,000 £1,065,298

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones.

37 38 Covent Garden Seven Dials

Seven Dials is a focused shopping village in the heart of Covent Garden, with seven streets leading off from a small dial in the centre of it all. Each of the streets have a focus, being owned and managed by Shaftesbury. Earlham Street has a menswear focus with brands such as:

Monmouth Street has a women’s fashion focus with brands such as:

Key Contacts Agency Professional Lance Marton Kristian Kendall

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Seven Dials £438,750 £223,763 £12,000 £674,513

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones.

39 40 Soho

Soho is one of London’s most diverse, exciting and unique locations. The area is around 1 square mile and covers a number of different streets, including , Broadwick Street, , and . Soho is famous for its diverse night life and boutique shops. Carnaby Street is also owned by landlord Shaftesbury and therefore has a more focused retailer profile, which aims to cater for young fashion.

Brands include:

Key Contacts Agency Professional Peter Thomas Kristian Kendall

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Soho £195,000 £99,450 £12,000 £306,450

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones.

41 42 King’s Road

King’s Road is the shopping destination of Chelsea, serving the local affluent population with a mix of high street retailers and smaller independent boutiques. The road has partially fragmented ownership but there are a number of dominant landlords in the area, who include the Cadogan Estate, Martin’s Properties and Sloane Stanley. As you walk west from Sloane Square, the shops go from high end fashion to high street and then more independent clothing and shoe shops.

Brands include:

Key Contacts Agency Professional Peter Thomas Kristian Kendall Tiffany Luckett

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) King’s Road £585,000 £298,350 £20,000 £903,350

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones.

43 44

Kensington High Street is a stylish and functional shopping street, which services the local population with high street stores.

Brands include:

Key Contacts Agency Professional Peter Thomas Alan Spencer

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Kensington High Street £243,750 £124,313 £20,000 £388,063

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones.

45 46 Knightsbridge

Knightsbridge is famed for department store, which is the main focus of the location employing more than 3,000 staff in 300 separate departments. In addition there are a number of other high street retailers on Knightsbridge.

There are also a number of other high street retailers on Brompton Cross, as well as London’s other famous department store, .

Brands include:

Key Contacts Agency Professional Oliver Green Daniel Aboud

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Knightsbridge £877,500 £447,525 £20,000 £1,345,025

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones.

47 48 Sloane Street and Sloane Square

The Cadogan Estate owns the majority of the estate here, with over 1,000,000 sq ft of retail space on Sloane Street, which houses some of the world’s most famous international brands. Sloane Street runs from Knightsbridge in the north to Sloane Square in the south.

Brands include:

Key Contacts Agency Professional Peter Thomas Daniel Aboud

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Sloane Street £585,000 £298,350 £20,000 £903,350

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones.

49 50 South Kensington

In this affluent residential location, high end luxury retailers did not exist ten years ago. Today there are a number of luxury fashion brands, which have congregated in the immediate vicinity around Brompton Cross. These retailers trade exceptionally well from the local residents who live close by. Landlord Wellcome Trust have a large stakehold of properties within this location.

Brands include:

Key Contacts Agency Professional Peter Thomas Daniel Aboud Tiffany Luckett

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) South Kensington £390,000 £198,900 £12,000 £600,900

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones.

51 52 Westbourne Grove

In a similar respect to South Kensington, this shopping destination relies on the local affluent population. Again a number of aspirational retailers have congregated on the west end of the street, and trade exceptionally well from the local resident trade.

Brands include:

Key Contacts Agency Professional Oliver Green Daniel Aboud

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Westbourne Grove £370,500 £188,955 £12,000 £571,455

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones.

53 54 Spitalfields

Located just 5 minutes from , Old Spitalfields Market is village-like shopping destination in the heart of the city.

The main market runs from Thursday to Sunday.

The market has recently been acquired by Tribeca and Ashkenazy and is undergoing an extensive redevelopment programme, with a number of very high profile fashion brands taking stores in the area.

Brands include:

Key Contacts Agency Professional Sarah Goldman Kristian Kendall Tiffany Luckett

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Spitalfields £273,000 £139,230 £12,000 £424,230

Based on a store of 2,000 sq ft on ground and 2,000 sq ft on basement, on 20ft zones.

55 56 Westfield Stratford

Westfield Stratford City is a shopping centre in Stratford, London. The centre opened in the 13th September 2011, with a total retail floor area of 1,883,700 square feet and it is one of the largest urban shopping centres in Europe, with 42 million people visiting per year.

The site is situated in East London, opposite the Olympic Stadium.

Brands include:

Key Contacts Agency Professional Sarah Goldman Daniel Aboud

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Westfield Stratford £414,375 £211,331 £48,000 £673,706

57 58 Westfield London

Westfield boasts 150,000 sq m of retail space in . The centre is undergoing a huge extension, which will deliver 75,000 sq m of new retail space by 2017, to include a new flagship John Lewis unit. 28.5 million footfall per year 23% age 18 – 24 28% age 25 – 34 19% age 35 – 44 99 minutes dwell time average Westfield London is in the top tourist destinations in London, amongst West End, Knightsbridge and Covent Garden.

Brands include:

Key Contacts Agency Professional Sarah Goldman Daniel Aboud

Street / Location Rental Budget Business Rates Service Charge / Total Occupancy Costs (pax) (£0.51p in £) Insurance (pa) (pa) Westfield London £292,500 £149,175 £48,000 £489,675

59 One Stop Shop Savills Central London Retail provides a ‘One Stop Shop’ for domestic and international investors and retailers.

We have specialists in the following areas:

Retail Agency (Acquisitions and Disposals)

Lease Consultancy

Retail Investment

Retail Development

Retail Planning

Rating

We also have long established relationships with trusted lawyers and third party representatives who can assist you from inception to completion.

All enquiries, please email us directly at: [email protected]

60 61 savills.co.uk/retail Shaping Retail.