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Thistle Marble Arch and Next at 508-540 Oxford Street in 2014.

Thistle Marble Arch and Next at 508-540 Oxford Street in 2014.

2. July 2014

Mount Royal

Address:
508-540 Oxford Street, London W1H 7EH
Type:
Mixed use
Retails:
12
Viewed:
1301

Description of Mount Royal

Mount Royal, 508-540 Oxford Street is a mixed-use building in London W1.

Great Portland Estates owns Our 12 ground and basement retail units, with a 350 ft Oxford Street frontage, and forms part of a substantial island site backing onto Portman Street.

Connected Companies

Buildington Rating & Notes

News & Comments: (3)

Buildington
2017/05/24 11:08

Great Portland Estates is drawing up early plans to redevelop the 2-acre Mount Royal site into a retail-led development scheme.

Great Portland Estates has also settled a rent review with Next plc, achieving an increase in the annual rent of £0.9 million to
£2.9 million, equating to a Zone A rent of £615 per sq ft, up 45% from the previous rent.

Source: Great Portland Estates plc results for the year to 31 March 2017 24.05.2017 gpe.co.uk.

Buildington
2017/01/26 11:39

The Great Victoria Partnership has agreed a back-to-back
surrender and re-letting to replace an existing retailer with Holland & Barrett in a unit at the prime retail site at the western end of Oxford Street, reports Great Portland Estates in the latest trading update.

Holland & Barrett will occupy the 10,200 sq ft store on a 10-year lease paying annual rent of £1.6 million (£608 per sq ft Zone A), 26% ahead of the previous passing rent.

Source: Great Portland Estates Trading Update for the quarter to 31 December 2016 www.gpe.co.uk

Buildington
2016/07/07 13:27

Great Portland Estates has settled a rent review with Next plc, achieving an increase in the annual rent of £0.9 million to £2.9 million, equating to a Zone A rent of £615 per sq ft, up 45% from the previous rent.

Source: Great Portland Estates trading update for the quarter to 30 June 2016 www.gpe.co.uk

*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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