RETAIL FACTS & FIGURES
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1 RETAIL FACTS & FIGURES
2 KING S CROSS WAS A NATURAL FIT TO LAUNCH OUR UNIQUE FASHION CONCEPT. KING S CROSS OFFERS A UNIQUE RETAIL ENVIRONMENT IT S AN EXCITING AREA WITH A BRIGHT RETAIL FUTURE. Gino Da Prato, 18montrose ON COMPLETION 8 MILLION SQ FT of mixed use space 500,000 SQ FT of shops, restaurants, cafés, bars and leisure 20 MILLION projected annual footfall (10 million in 2017) Retailers who are part of the King s Cross Estate include: 1/ 18montrose 2/ Carhartt WIP 3/ Nike 4/ Radio Hair King s Cross 5/ Jigsaw King s Cross 6/ Ruby Violet 7/ Spiritland 8/ & Other Stories 9/ Waitrose 1.6 BILLION projected annual retail spend ( 1.2 billion in 2017)
3 AC 42,000 PEOPLE LIVING, WORKING AND STUDYING ON COMPLETION Y S ID E S TR Y WA ND Forecast demographics on completion: RK HA EET LE WI S C U BI TT EET HANDYSI DE GAR DE NS ST R ST B LE COAL DROPS YARD (OPENS 2018) C E NTR AL SAI NT M ARTI NS STA S RA NC PA B A S IN 20 MINS H YO P GASHOLDERS LONDON PRIMROSE HILL 18 MINS E L R LE WI S C U BI TT PAR K MDEN NA TA PP ER W ALK The King s Cross Estate is 67 acres of retail, office, leisure, residential, cultural and learning facilities set around 27 acres of new streets, squares, parks and gardens. ISLINGTON 30 MINS RE ML G D OO GE NT S NA KINGS PLACE AY S W ST RE RD ET 12 million people come to the stations specifically to shop. ST PANCRAS INTERNATIONAL KIN G S BO ULE VA P B ATTLE B R I DG E PLAC E PA 231 space Handyside Car Park. NC KI NG S C R OSS RA S AD 4 MINS RO WEST END Londoners International Domestic 56% 12% 32% Footfall along the canal in million QUARTER PARKING KING S CROSS STATION Six London underground lines. Broadband speeds at N1C, the postcode at King s Cross, are the fastest in the UK. BIKE RETAIL REGENT Zone 1 location. 40% INCREASE IN FOOTFALL EACH YEAR SINCE 2014 Forecast footfall on completion: KEY TUBE Direct connections to 10 European cities via Eurostar. Direct links to Heathrow, Gatwick and Luton airports. 20 MINS L EY PANC R AS 2.5 billion spent on local transport infrastructure million people pass through King s Cross and St Pancras stations annually. 40% :50 3:2 40% 27% 20% 13% WHAR F R OAD G AR DE NS GR ANARY KING S CROSS IS LONDON S BEST CONNECTED LOTION High income groups (AB) Average age Female/male Weekday:weekend footfall Footfall splits: Visitors Workers Residents Students COAL DROPS YARD Heritage buildings reinvented to become an experiential shopping destination with up to 65 shops. Established in 1850, reinvented and open to the public in Autumn
4 24 restaurants 160 shops 27 average catering spend per visit in 2016, 84% more than the CI average 4KM of retail frontage 50% increase in the number of people eating at King s Cross since 2015 THE KING S CROSS ESTATE 1 BILLION committed construction programme, approx. 1 million per day. 8 MILLION footfall in 2016 and 10 million projected for OVER 50% of the people coming to King s Cross in 2016 were visitors. 325,000 people attended our 2016 events programme. 125 EVENTS planned for 2017/18 including: Design Junction, Lumiere, Magnum Photography exhibition, Classic Car Boot Sale and a monthly retail market. WORKERS 30,000 people are expected to be working in King s Cross on completion. 56% are in the Wealthy Urbanites and Maturing Affluence groups. OCCUPIERS Major occupiers include: Google, Universal Music Group, Havas, Louis Vuitton, New Look and University of the Arts London. RESIDENTS 7,000 people are expected to be living at King s Cross on completion. 60% of the residential catchment are Wealthy Urbanites, twice the London average. STUDENTS 5,000 students and staff attend Central Saint Martins. 71% of students living in King s Cross are wealthy, compared to 10% of students in wider London.
5 kingscrosscouk KING S CROSS Claire Levitt claire.levitt@argentllp.co.uk Jeremy Hall jeremy.hall@argentllp.co.uk Craig White craig.white@argentllp.co.uk CUSHMAN & WAKEFIELD Matt Hyland Laura Thursfield Joshua Blatt Matt Ashman (Leisure & restaurants) NASH BOND David Bannister John Lyons Laurie Stokes Anna T: +44 (0) T: +44 (0) T: +44 (0) Printed Summer All source date from Google maps, Network Rail, Retail Gazette, CI, Consumer Data Research Centre, tfl.org, Copasetic survey, Harper Dennis Hobbs and FSP research: Future statistics based on 2021 projections. Property Misdescriptions Act 1991 / Misrepresentation Act Cushman & Wakefield and Nash Bond act for themselves and for the vendors of this property whose agents they are, give notice that: These particulars do not form any part of any offer or contract; the statements contained therein 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 any intending purchaser must satisfy himself as to the correctness of each of the statements made herein; and the vendor does not make or give, and neither the firm nor any of their employees have the authority to make or give, any representations or warranty whatever in relation to this
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