Image: FCPT

St Christopher’s Place further enhanced with exciting line-up of new retail and leisure tenants

F&C Commercial Property Trust Limited, which is managed by BMO Real Estate Partners, part of Canada’s BMO Financial Group’s Global Asset Management business, announces that it has agreed two new restaurant lettings with Caprice Holdings Ltd and Homeslice at its St Christopher’s Place central London estate, adding to a flurry of leasing activity across the West End asset over the past year.

Caprice Holdings has agreed to take 3,567 sq ft of space for Harry’s Bar, a sister restaurant and bar to Harry’s Dolce Vita in Knightsbridge. The elegant Italian restaurant, which will feature a large terrace for alfresco dining, is currently undergoing a comprehensive refurbishment before opening its doors to West End customers later this year. Homeslice, the hugely popular woodfired pizza restaurant offering a simple menu of pizza, beer and wine, has signed a 1,920 sq ft lease on four storeys of a property within the estate. Operating its sixth London outlet from the ground and first floors, and with a kitchen in the basement, Homeslice will also relocate its head office staff to the third floor of the property. Both restaurants will be located on James Street, just off bustling Oxford Street and adjacent to Bond Street underground station, and are due to open in the fourth quarter of 2018 following the respective fit outs.

These two new lettings further enhance St Christopher’s Place’s vibrant food and beverage offering, which has also seen the arrival of Hoppers, the award winning JKS Group’s authentic Sri Lankan restaurant, and Ole & Steen, the Danish bakery, over the past year, following a redevelopment of 71-77 Wigmore Street. Alan Yau has also opened his latest pop-up concept, Yamabahçe, at the estate, while Butterscotch Bakery is another pop-up arrival offering an artisanal afternoon tea, all contributing to firmly cementing St Christopher’s Place’s status as one of London’s most diverse and exciting dining destinations.

St Christopher’s Place’s strong food and beverage offering is complemented by an equally impressive retail mix, new additions to which include the independent British jewellers, Maya Magal, Adam Grooming Atelier men’s barbershop and Emma Hyacinth, the ladies’ footwear and accessories brand.

Commenting on the lettings, Fund Manager Richard Kirby said: “We believe the root of this estate’s success is the careful selection of contemporary and complementary brands that create the most appealing destination possible that very simply ensures customers continue to be drawn to St Christopher’s Place. These latest lettings are a clear demonstration of our unwavering commitment to this principle as well as our ability to curate a compelling tenant line-up that constantly evolves in response to the latest market trends.

“Having enjoyed a near two-fold increase in the value of the asset over the past five years, we will continue delivering our proactive asset management strategy whilst ensuring constant interaction with both current and prospective occupiers to ensure that the asset remains relevant to its occupiers and shoppers alike to support further growth.”

Located between Oxford Street and Marylebone, St. Christopher’s Place is a asset comprising 43 buildings and 169 lettable units, which include restaurants and shops occupied by high quality fashion and F&B brands as well as residential apartments and office space.

FCPT was advised by Davis Coffer Lyons and CWM on its latest lettings. Bruce Gillingham Pollard has recently been appointed as the latest retained lettings advisers in relation to this asset.

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