FLAGSHIP RETAIL TO LET
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- Abner Hines
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1 3 7 LONDON FLAGSHIP RETAIL
2 3 7 Covent Garden is a world renowned shopping, dining and leisure destination in London. Home to The Royal Ballet, The British Transport Museum, The Opera House, Covent Garden Market as well as a number of Theatres, it is a destination for tourists and Londoner s alike. The neighbourhood is a unique destination for global retailers such as Burberry, Apple, Chanel, Zara, Paul Smith and Dior. From Luxury to concept stores and independent boutiques, there is a store for everyone. In addition the area is home to some of the capitals best loved restaurants, from international cuisine to the best of British eateries including The Ivy, Balthazar, LIMA, Frenchie, Sushi Samba, Temper and Le Bab.
3 TCR CROSSRAIL ( MINS) Nixon Birkenstock Endell Street HOLBORN (4 MINS) 3 7 Sonos Le Labo Monmouth Street Earlham Street Reiss LEICESTER SQUARE & Other Stories Urban Outfitters Shelton Street H&M Smashbox Lululemon Brandy Melville Levi s Long Acre 3 7 Arket Floral Street Dr Martens Neal Street Kate Spade Petersham Nurseries Nike Ray-Ban Diptyque Apple King Street Paul Smith MAC Michael Kors Burberry Zara Charlotte Tilbury Tom Ford Beauty Linda Farrow Tavistock Street
4 STATION 44m people Number of visitors to Covent Garden each year. 98m people Combined entry/exits for Covent Garden, Leicester Square and Holborn. 80 minutes JAMES ST. INTERNATIONAL 4% DOMESTIC % Average dwell time in Covent Garden. Red Bull, Apple and Google UK Headquarters nearby together with a host of other creative businesses. KING ST. Rich diversity of visitors. Crossrail 3 7 In 2018 the opening of the Elizabeth Line will bring an estimated additional 70m visitors to Central London. TCR station (Crossrail) is just min walk.
5 URBAN OUTFIT TERS 42 6 EARLHAM ST. ARKET LONG ACRE VANS 42 NEAL ST. 3 7 CALVIN KLEIN 120 LONG ACRE, LEVI S 119 LONG ACRE
6 3 7 BOSE 11B KING ST. H&M 1 2 MERCER WALK SPACE NK 32 SHELTON ST. M.A.C 27 JAMES ST. MICHAEL KORS 28 JAMES ST.
7 Neal Street, situated opposite Covent Garden Underground Station (est. 21 million entry/exit per annum) is a busy pedestrianised link between Long Acre and Seven Dials. The new shops at 3,,7 Neal Street occupy a prime pitch on the west side of the street. Brands in the immediate vicinity include Brandy Melville, Dr Martens and Camper. NEAL ST. 3 7 DR MARTENS NEAL ST. NEAL ST. BRANDY MELVILLE 9 1 NEAL ST.
8 The shops are arranged over ground and basement, providing the following approximate dimensions and net internal areas. Subject to an individual retailers requirement it may be possible to combine units. Further information available on request GROUND FLOOR BASEMENT GROUND FLOOR BASEMENT GROUND FLOOR BASEMENT 14.9M TO DEPTH 1.4M TO DEPTH 1.7M TO DEPTH 4.60M.M.M 3 FT² M² FT² M² 7 FT² M² 3 7 GROUND FLOOR BASEMENT 1, TOTAL 1, GROUND FLOOR 1, BASEMENT TOTAL 2, GROUND FLOOR 1, BASEMENT 1, TOTAL 2,
9 3 7 Tenure The premises are available by way of a new effectively full repairing and insuring lease for a term to be agreed. The leases will be contracted outside the Security of Tenure & Compensation Provisions of the Landlord & Tenant Act 194 Part II (as amended). Rent Subject to contract 3 Neal Street 330,000 pax Neal Street 30,000 pax 7 Neal Street 37,000 pax All rents are quoted exclusive of rates, service charge, VAT and all other outgoings. Service Charge A service charge contribution calculated on a floor area apportionment basis will be payable for the duration of the term. The estimated service charge contribution for the year ending 2018 is approximately 2.87 psf. Insurance An annual insurance premium will be payable for the duration of the term. Further details can be provided upon request. Business Rates The premises will be re-assessed for rating purposes upon completion of the works. Legal Costs Each party is to bear their own legal costs in connection with a letting. EPC Available on request.
10 PROPERTY MISDESCRIPTIONS ACT 1991 / MISREPRESENTATION ACT JLL AND HANOVER GREEN RETAIL ACT FOR THEMSELVES AND FOR THE VENDORS OF THIS PROPERTY WHOSE AGENTS THEY ARE GIVEN NOTICE THAT THESE PARTICULARS DO NOT FORM ANY PART OF ANY OTHER OFFER OR CONTRACT. THE STATEMENTS CONTAINED HEREIN ARE ISSUED WITHOUT RESPONSIBILITY ON THE PART OF THE FIRM OR THEIR CLIENTS AND THEREFORE ARE NOT TO BE RELIED UPON AS STATEMENTS OR REPRESENTATIONS OF FACT, AND INTENDING PURCHASER MUST SATISFY HIMSELF AS TO THE CORRECTNESS OF EACH OF THE STATEMENTS MADE HEREIN. THE VENDOR DOES NOT MAKE OR GIVE, AND NEITHER THE FIRM NOR ANY OF THEIR EMPLOYEES HAVE THE AUTHORITY TO MAKE OR GIVE, ANY REPRESENTATION OR WARRANTY WHAT-EVER IN RELATION TO THIS PROPERTY. JLL HANOVER GREEN RETAIL Mark Smith mark.smith2@eu.jll.com MOBILE Charlotte Elstob charlotte.elstob@eu.jll.com MOBILE Matthew Hyland mhyland@hanovergreen.co.uk MOBILE Laura Thursfield lthursfield@hanovergreen.co.uk MOBILE A development by 3 7
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