New 22,500 sQ ft TK Maxx opening q4 2024
With a further 20,000 sq ft let to 3 exciting new brands:
Caffè Concerto, Keikoo and Activate
2,756 sq ft available
A prime opportunity in a landmark location
2,756 sq ft available
A prime opportunity in a landmark location
2,756 SQ FT
ground/lower ground floor unit
An amazing opportunity to accompany top retailers including a new 22,500 sq ft TK Maxx in a prime location on Oxford St.
We are excited to announce that TK Maxx will be opening a brand new 22,500 sq ft store on the corner with Portman Street in November 2024. Superdrug have committed to a further 10 year lease on their large format store, and a further three exciting retailers are coming soon.
The local area also boasts unique experiences such as Pocket Planet, the new Moco Museum (opening August 2024) and Frameless which is redefining the experiential immersive art world.
530 oxford st
let to activate
Activate has signed up on a new 15-year lease for its first new London store at 530 Oxford Street. The Canadian based family-friendly socialising concept has recently partnered with We Do Play, a group of immersive leisure and hospitality businesses, including Flip Out, to expand into the UK and Ireland.
532-534 oxford st
let to Keikoo
Keikoo has signed a 10-year lease for its first toy store, located at 532-534 Oxford Street. The brand will bring an educational and experiential offer to all young children, offering live product demonstrations and an exciting shop-fit-out.
536-540 oxford st
let to Caffè Concerto
Caffé Concerto, a well-renowned Italian restaurant brand has signed a 15-year lease at Mount Royal, 536-540 Oxford Street, W1. The brand has over 20 stores in the UK already and its latest opening will follow its other successful locations in London including Regent Street, Covent Garden and Piccadilly.
Location
Perfectly placed
Located on the western end of Oxford Street, occupying a prominent position between Old Quebec Street and Portman Street.
The unit benefits from a prominent plot between Marble Arch and Bond Street stations, the perfect place to showcase your brand.
The neighbourhood boasts a large number of established retailers, hotels and restaurants combined with strong footfall both day and night.
Oxford Street West is set to benefit from an expected 31% net increase in entries and exits at Bond Street and £800m annual sales influenced by the Elizabeth Line by 2031.
retailers
quebec street
new
restaurant quarter
Selfridges
250,000
weekly visitors
Marble Arch
Primark
130,000 sq ft
moco museum
now open
summer 2024
Fashion, entertainment, technology & innovation: welcome to the World’s biggest high street.
Transport
Elizabeth line benefits
TFL’s forecasts, combined with Colliers West End turnover modelling, estimates that the Elizabeth Line will boost West End performance by around 7%, (an additional £700-800m of sales) by 2031.
Oxford Street West is set to benefit from an expected 31% net increase in entries and exits at Bond Street and £800m annual sales influenced by the Elizabeth Line by 2031.
Elizabeth Line service every two and a half minutes at peak will enable passengers to travel through to Paddington, Heathrow or Reading in the west and Shenfield or Abbey Wood in the east.
Elizabeth Line services every two and a half minutes at peak enable passengers to travel through to Paddington, Heathrow or Reading in the west and Shenfield or Abbey Wood in the east.
%
net increase in entries and exits at Bond Street
%
net increase in entries and exits
plans
details
LEASE
A new lease is available for a term of 10 or 15 years subject to 5-yearly upward only rent reviews.
RATES
Rateable Value: £365,000
Rates Payable: £206,560
(Using UBR of 56.6p – Please seek your own guidance from Westminster Council)
RENT
£395,000 pax.
COSTS
Each party to bear
their own costs.
contact
David Kenningham
07785 956 977
Email David
Mark Serrell
07885 389 435
Email Mark
Max hardy
07785 247271
Email Max
James Curson
020 7199 2979
07500 060 800
Email James
George Haworth
020 7199 2973
07894 995 857
Email George
© Great Portland Estates plc 2024