High-end fashion brands are seeking a new kind of retail space as they look to establish luxurious stores for their clients.
The opening of the Bremont shop on South Audley Street as well as the Louis Vuitton Store on Bond Street have started a trend in the establishment of brand “maisons”.
Interestingly, this trend is having an impact on the local property market, with the Grosvenor Estate now trying to buy back office leases to convert their premises into retail space to let. At rents of up to £375 per square foot for Zone A space, operating one of these luxurious emproriums could become somthing of an investment...
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