London View

Bond Street

Bond Street provides the home to the luxury brands and is unrivalled in its depth of variety.

The last 12 months have seen stunning deals light up Bond Street.  Record rents have reached a figure approaching £1,000 Zone A with a letting to Piaget within the ‘jewellery pitch’ adjacent to Asprey, with rental levels also improving dramatically towards the Fenwicks pitch north.  The LVMH ‘Maison’ store has captivated the luxury market and Thomas Davidson were able to recently complete a fantastic letting to Chanel on the Nicole Farhi store showing over £820 Zone A.  Several rent reviews are now being settled in best pitch at above £700 Zone A, demonstrated by our excellent result acting on behalf of the landlords on the flagship Burberry store (£725 Zone A).  Thomas Davidson have successfully been involved in lettings to Prada, Halcyon, Mulberry and Victoria Secret, and we are confident further growth will be seen over the next 12 months being almost the full length of Bond Street from Piccadilly to Brook Street.

There are limited opportunities that will be available to retailers and therefore we see the current trend of rental levels increasing and premiums being paid to unlock deals continuing.
Current demand is exceptional, with a number of  luxury brands expanding.  Bond Street can justly claim to be the longest premier luxury shopping street in the UK.