N Peal to open new Mayfair store

05 October 2016

Royal London Asset Management, represented by international real estate advisor Savills, has let 23 Brook Street in Mayfair, London to iconic British Cashmere brand N Peal on a new 15-year lease at an annual rent of £295,000. 

Brook Street will be N Peal’s fifth London store; its flagship store has been within the famous Burlington Arcade since 1936. 

Alan Spencer, director in the Central London retail team at Savills, comments:  “As Bond Street goes from strength to strength, we continue to witness the overspill effect and subsequent improvement of neighbouring streets.  Brook Street is particularly well positioned to benefit from this and the arrival of CrossRail in 2018.”

Patrick Lahaise of Lahaise Retail Consulting represented N Peal. 

 
 

General Enquiries

Savills Margaret Street

 

Key Contacts

Alan Spencer

Alan Spencer

Director
Central London Retail

Savills Margaret Street

+44 (0) 20 7758 3876

 

Ashley McKeown

Ashley McKeown

Associate
Press Office

Savills Margaret Street

+44 (0) 20 7409 8884