The transformation of Broadgate into a mixed-use Central London destination continues as retail space is let to new brands.
Watches of Switzerland, the luxury jewellers have chosen 100 Liverpool Street to open their east London flagship store, which they will use to host customer and brand events. Chocolatier, Charbonnel et Walker are returning to Broadgate following the success of their previous store in 100 Liverpool Street, while GANT, the luxury clothes retailer, is also opening its first ever east London store. They will be joined by skincare brands Kiehl’s, Neom and The Body Shop.
100 Liverpool Street is a 520,000 sq. ft redevelopment designed by Hopkins Architects, with a focus on technology, sustainability and wellbeing. They will join law firm Millbank, Japanese bank Sumitomo Mitsui Banking Corporation Europe and advisory house Peel Hunt in the building.
At 1 Finsbury Avenue, Bar Douro, the traditional Portuguese tapas restaurant; Yolk, the fine fast food and speciality coffee joint and Nyokee, the healthy Italian trattoria have all committed to new restaurants. Following the success of its pop-up in Finsbury Avenue Square, Yolk will open permanently at Broadgate, while Bar Douro will open its second ever restaurant. The building, which reached practical completion in June, has already attracted an exciting occupier mix including technology company Mimecast, Product Madness, an online gaming platform and the City’s first Everyman cinema.
Nick Philpott, Founder of Yolk, said: "Following the huge success of our year-long pop up in Finsbury Avenue Square at Broadgate, we're very excited to be opening a permanent site in 1FA. We'll be serving an expanded menu, but with Dark Arts coffee, Clarence Court egg pots and exceptional freshly-made sandwiches still at its heart."
Peter Lay, COO Northern Europe, GANT said: “GANT are proud to be opening at Broadgate which will provide an inspiring new environment to shop, dine, or just go about your daily travel. We look forward to engaging with visitors and showcasing our lifestyle collections in our beautiful new store within this exciting development.”
Ruth Gilson, Head of Retail, Charbonnel et Walker, said: “We look forward to returning to Broadgate, an inspiring destination where our largest Charbonnel et Walker store will soon be found. To this day, we have a loyal following of customers who ask if we have a store in the City where they can enjoy our chocolates.”
David Lockyer, Head of Broadgate, British Land said: “We’ve had fantastic leasing success at Broadgate, helping us create a vibrant place for people to work and visit. These new customers, our upcoming developments and our plans for a park at Exchange Square will help us continue to evolve Broadgate into a world class mixed-use destination.”
The masterplan for Broadgate will deliver 4.9 million sq. ft of new and redefined workplaces, retail and restaurants, bringing people together to work, shop, drink and dine. With nearly 30,000 workers, across technology, financial and legal services, as well as retail and occupiers, a dynamic and thriving business community is already well-established at Broadgate.
CBRE, CWM, Davis Coffer Lyons and Nash Bond advised British Land on the lettings.
Claire Scicluna, British Land 020 7467 2823
Giles Barrie, FTI Consulting 020 3727 1042
About British Land
British Land plc owns a portfolio of office-led London campuses and retail destinations, located around the UK. These include Broadgate, London; Meadowhall, Sheffield and Canada Water, London.
Our approach towards creating high-quality places for our customers and the community involves bringing together our skills in placemaking, sustainability and technology and responding towards the changing way people use our space. Our places serve local communities, provide opportunities for skills development and employment and promote wellbeing. 2019 was our third year holding the Queen’s Award for Enterprise, the UK’s highest business accolade, recognising our economic, social and environmental achievements across our portfolio.
Our strategy is to build an increasingly mixed-use business, which will comprise of three core elements – our London campuses, a smaller, more focussed Retail portfolio and residential. By creating vibrant mixed-use neighbourhoods we can drive enduring demand for our space, support rental growth and create long-term value for all our stakeholders.
Our portfolio is valued at £16.2bn (British Land share: £12.3bn) as at 31 March 2019 making us one of Europe’s largest real estate investment companies.