GPE secures two further retail lettings at Hanover Square, W1
16 September 2021
The GHS Limited Partnership (GHS), one of Great Portland Estates plc’s (GPE) joint ventures, announces that it has let two retail stores at its recently completed development at Hanover Square, W1.
The first is a 6,000 sq ft flagship store over three floors at 70/71 New Bond Street to Pronovias, the leading global bridal brand, that will showcase Pronovias wedding gowns, including the new Vera Wang Bride, launching globally this month. The second is at 1 Tenterden Street, which has been let to Moyses Stevens, the only florist to hold a Royal Warrant.
Pronovias has signed a new 10-year lease and are relocating from their existing Bond Street store.
Moyses Stevens has also signed a 10-year lease on a prominent corner site, adjacent to the new Bond Street West Elizabeth line entrance. The unit comprises 400 sq ft, all at ground floor.
Both units form part of the world-class Hanover Square mixed-use development providing 167,200 sq ft of Grade A offices, 33,500 sq ft of retail predominately fronting New Bond Street, an 8,300 sq ft restaurant and six residential apartments totalling 12,200 sq ft. Pronovias and Moyses Stevens will join existing retailer Canali and restaurant The Maine, Mayfair, whilst Glencore, KKR and The London Fashion Academy have collectively contributed to more than 95% of the office space.
Sarah Goldman Senior Portfolio Manager
Both Pronovias and Moyses Steven’s are pioneers and market leaders in their respective industries. We are delighted that Pronovias are relocating from their current store in New Bond Street to our exceptional development, and that Moyses Stevens see the huge potential this location can offer. We are encouraged by the level of occupier interest in the remaining space.
Zrino Aladrovic Pronovias Property Director
Pronovias is excited to acquire this prominent location for their Bond Street flagship store and be part of such a prestigious development. The superior quality of this retail accommodation will allow Pronovias to showcase its exquisite collections, including our new line Vera Wang Bride.
Spale Marcinko Owner of Moyses Stevens
We are delighted that Hanover will be the location for Moyses Stevens sixth store. Quality, great service and a continued dedication to excellence are attributes that both we and GPE share and Hanover is testament to that.