Slicker city

Article Abstract:

Some well-known restaurant companies are moving into sites within the City, London, England. Others are planning to open outlets near London Bridge in preparation for the completion of the Jubilee Line extension. Demand for retail outlets in the City has been rising in order to serve the increasing number of office employees who use other facilities in the City, such as bars and restaurants. Rents for prime sites are around 200 pounds sterling per sq ft but there are few larger outlets available. Some office building developers are letting out the ground floor of their buildings to retailers.

London, England

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Battle on the high street

Article Abstract:

Leisure operators are in competition for prime space in Oxford city centre, England. One agent was approached by 300 different interested parties when they place a 3,000 sq ft site on the market. Several large restaurant chains have moved into Oxford but problems over traffic persist in the city. The market for retail space is also buoyant, with rents achieving 200 pounds sterling per sq ft for prime space. Debenhams PLC plans to undertake a 25 million pounds sterling refurbishment of their store. Bhs PLC has moved into Oxford and now occupies 35,000 sq ft of space on Queen Street.

Analysis, Leisure industry, Real estate development, Oxford, England

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Just do it

Article Abstract:

Some observers suggest the use of technology to create leisure features in UK retail stores is likely to increase. A number of stores have already opened restaurants within their shops. US retailer Borders has musical and literary events within its stores. The company has opened several outlets in the UK which sells videos, books, CDs and also has a coffee shop. The Nike Tower London shop has a wide range of entertainment, such as interactive displays and a chance to meet famous sportsmen and women. Retailers require a large space to offer retail entertaining within their stores.

United Kingdom, Services

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