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388-396 Oxford Street

388-396 Oxford Street

May 26, 2012
388-396 Oxford Street

388-396 Oxford Street

October 6, 2011
Jane Norman at 388-396 Oxford Street.

Jane Norman at 388-396 Oxford Street.

October 6, 2011
Jane Norman shop at 388-396 Oxford Street.

Jane Norman shop at 388-396 Oxford Street.

June 28, 2011
French Connection and Jane Norman stores are in this building at 388-396 Oxford Street

French Connection and Jane Norman stores are in this building at 388-396 Oxford Street

May 2011

388-396 Oxford Street

Address:
388-396 Oxford Street, London W1C 1JT
Type:
Commercial
Completion:
January
Retails:
3
Viewed:
6216

Description of 388-396 Oxford Street

388-396 Oxford Street is a 6-storey commercial building on Oxford Street.

Businesses in the building:
- FCUK store
- Jane Norman store
- Accessories store

Updated: May 2012

Connected Companies

News: (2)

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.

12/09/2011 13:39 by Buildington

Allied Irish Banks AIB has taken control of the building as part of a move against property investor Liam Smyth.

The bank has appointed a property receiver over the six storey building with offices and shops (FCUK and Jane Norman). Smyth bought the building in 2009 for almost £60 million with loans from AIB. It is expected to be put on the market for around £80 million, as AIB seeks to recoup what it is owed.


Source: The Post http://www.sbpost.ie/news/ireland/aib-takes-over-oxford-street-fashion-b uilding-58175.html

22/08/2011 12:32 by Buildington

*DISCLAIMER! Information on this page is for guidance only and remains subject to change. Buildington does not sell or let this property. For more information about this property please register your interest on the original website or get in touch with the Connected Companies.

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