26 September, 2023
Villiers Street Now Fully Let
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DTZ Investors has completed three new leases in quick succession at Villiers Street resulting in the asset being fully let.
The new tenants are Hobsons, Amorino and All-Mart who now occupy 13-15, 33 and 35-37 Villiers Street respectively. Hobsons is a fish and chip restauranteur who have existing stores in Soho, Bayswater, and Belsize Park. Hobsons have taken a new 15 year lease at a rent of £180k per annum, rising to £200k per annum in the fifth year. Amorino is a multinational gelato chain which was originally founded in Paris, France and now has multiple branches across London. Amorino have taken a new 10 year lease at a rent of £90k per annum, rising to £100k per annum in year five. Lastly, All Mart is a convenience store and this new letting facilitates a relocation for them on the street.
The three new lettings demonstrate a resurgence in occupier demand following the pandemic and demonstrates the resilience of Villiers Street as a prime destination for retail and leisure occupiers who serve local residents, tourists visiting London and office workers.
Levy and Nash Bond acted as leasing agents on behalf of DTZ Investors.
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