Acting on behalf of Arcadia, Michael Chudzynski of BC Commercial has acquired a new flagship store for Topshop at 70 Brompton Road, London.
Situated opposite Harrods the store will be in excess of 18,000 sqft spread over 3 floors. The aquisiton underlines the intentions of Sir Philip Green and his team to further develop the Topshop brand.
The store is expected to open in the first half of 2010.
Acting on behalf of Cordea Savills, BC Commercial have acquired a retail warehouse investment property in Redditch.
The property is single let to B&Q Plc off a rent equating to £12.60 psf, with approximately 18 years unexpired. The property was acquired for a price of £16.3M and 7.50% NIY.
Please contact Jonathan Mather for further information.
BC Commercial has recently secured retail premises on behalf of Le Montmartre who has chosen 46 Fleet Street for their first store.
46 Fleet Street is a ground floor shop of 340 sq ft and Le Montmartre has taken a 10 year lease paying £42,000 per annum exclusive.
Le Montmartre is an exciting new gourmet French patisserie intending to serve high quality gourmet sandwiches, crepes, salads, patisseries and coffees. BC Commercial are retained and will be seeking further stores in Central London for Le Montmartre during 2010. Le Montmartre’s requirement is for between 300 – 1,000 sq ft.
Tomorrow the 2009 BC Christmas party is occuring. The participants consists of a mixture of experienced hands and novices. It will be the first for the investment boys Jonny, George and Twiggy and Frixos is back for a guest appearence to prove that last years slip ups were only a blip.
In truth expectations are low. NF is in charge this year and we seem destined to be disappointed. His theme seems to consist of maintaining all activities within a single block of the office. I think he gave the restaurant 24 hrs notice and the fact they can accommodate 10 suggests they will not be found on page 1 of the Square Meal.
Entertainment is to be provided in the form of an action packed quiz ‘Graduate challenge’. Gary vs Matt is hardly Hatton vs Khan however its the best we can do within the geographical restrictions of the day. I think Gary might be odds on favorite with Matt experiencing his first SAS party this evening.
It’s bound to underwhelm after the the screaming success of 2008…
In the office...
Morning all, firstly a brief introduction.
My names Flavio and I run a highly successful retail emporium in Burnt Oak, NW1. Cash only and not much in the way of a refund policy, I believe a punter should benefit from the inspiring Robbie Williams performance in Dead Poet Society – Carpe Dium – ‘Buyer Beware’.
Its a family business and so far the family consists of a little daughter of only 2 months. One day my four walls, the 19 water damaged Panasonic TV’s, 5,350 stained carpet tiles going at 90p a pop, 2 full sofa suites and 13 staff will be hers.
Anyway I’ve known the boys at BC for a few years now. Ok fine they seem to know their way around a few high streets and shopping centres but to my mind its only when you can get rid of 14 ‘real flicker flame’ electric fires during the Wimbledon fortnight is when you can call yourself a Retailer.
I’ll be offering my views over the course of next year of what it’s really like on the shop floor in the post-crunch world we now live in.
Keeping it real
After acquiring Yumchaa Teas second store in Berwick Street BC Commercial has recently secured Yumchaa’s third store at 35-37 Parkway, Camden.
35-37 Parkway extends over two floors (Ground Floor 1,432 sq ft and Basement 1,914 sq ft). Yumchaa have taken a 10 year lease paying £55,000 per annum exclusive.
Yumchaa are a tea space concept serving a unique and intriguing blend of loose leaf teas including black, green and fruit flavours.
BC Commercial will continue to be retained and will be seeking two further stores in Central London for Yumchaa during 2010. Yumchaa’s requirement is between 500 – 2,000 sq ft.
Acting on behalf of British Land PLC, BC Commercial have acquired the retail warehouse investment known as Hylton Riverside Retail Park, Sunderland.
The park consists of 118,000 sqft let to 9 national retailers with potential for a further 10,000 sqft to be developed. The scheme has Open A1 planning consent and is the dominante retail park in the area.
If you would like further information please contact Jonathan Mather of BC Commercial.