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A retail shop To Let in Watford Way, London. Other retail properties in the immediate vicinity include Medivet The Vets, F45 and Ladbrokes.
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2 available shops for rent
1 available retail park unit
Average annual rent £21,500
Top listed agent Cushman & Wakefield
3 January 2025
CBRE Investment Management has sold a retail parade with associated residential properties in St Albans to a private buyer. The property at 29-31 St Peter's Street is to Costa Coffee and Vision Express, with two flats on the upper floors let on assured shorthold tenancies. The commercial aspects of the property have a weighted average unexpired lease term of 7.47 years to expiry and 5.44 years to break, with two lease renewals having been completed in September 2024.
3 January 2025
Bloom Perfumery has relocated its store in Covent Garden, taking a larger location at The Yards and tripling its presence within the London neighbourhood. The perfumery has relocated from Langley Court to a 2,900 sq ft unit at 4 Slingsby Place, as it looks to accommodate more visitors and a growing range of fragrances. The brand showcases a range of independent, exclusive, and niche fragrances, and aims to deliver a bespoke shopping experience with specialists on hand to assist shoppers.
3 January 2025
Norges Bank Investment Management has acquired a 25% stake in a mixed-use property portfolio in Mayfair from Grosvenor for £305.7m. The portfolio spans 2.3 million sq ft and comprises mainly retail and office units clustered around Grosvenor Street and Mount Street. Valued at £1.2bn, it is unencumbered by debt and no financing was involved in the transaction. Grosvenor will retain the remaining 75% interest in the portfolio, which it will manage on behalf of the joint venture with Norges.