388-396 Oxford Street
12/09/2011 by Buildington
According to The Independent, the building has been bought by Weston-family firm. The fashion chain French Connection has a lease that runs until 2025, but Selfridges could take ownership sooner. French Connection recently agreed to pay more than £3.2m a year for the store after a rent review arbitration found against the chain, so might be amenable to getting the expensive site off its books.

The Weston family's plans with the site are not clear yet, but there is speculation that they will create a new store format. Selfridges already has plans to redevelop its hotel to the rear of its location.
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