A wave of shops could be on the financial rack this Friday, when quarterly rents for commercial property are traditionally paid, reports the Guardian. Many high-profile firms such as Whittard of Chelsea and Zavvi went into administration shortly after “quarter day”, which falls in late March, June, September and December.
Our new blog series London Retail Street Vacancies takes a quick look at the busiest shopping streets in London, pointing out some premises that are currently available to let.
We start with the ever-busy Queensway in Bayswater, West London W2. The street north of Kensington Gardens is best known for its many restaurants, city’s largest ice-rink and the grand Whiteleys shopping centre. Altogether there are approximately 300 traders on the street.
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Queensway is located in Bayswater, north of Kensington Gardens. There are two underground stations on the street (Queensway and Bayswater) and it is only a 10 minute walk away from Portobello Market in Notting Hill and Paddington railway station. The street ends at another popular retail street – Westbourne Grove.
Former Boutiques clothing store.
Queensway Market, 23-25 Queensway
At least one vacant shop. See Queensway Market website for details.
Former clothing store.
This used to be a Cinnabon bakery shop. Available through Nash Bond.
Available through Nash Bond
Formerly Universal Dry Cleaners.
Whiteleys shopping centre
There are 5 shops and one restaurant available to let according to the shopping centre’s website.
Available through Nash Bond.
The newest additions to the streets are Sainsbury’s next to Bayswater station and Nine West/kurt Keiger shop in Whiteleys. The street is said to have seriously benefitted from the removal of the congestion charge zone at the end of last year.
All the photos were taken on Monday 20.06.2011, the shops could be under offer or let already. Next up in London Retail Street Vacancies: King’s Road (published Thursday 23.06.2011)
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