Property developer launches multi-million-pound flagship space near Covent Garden
Longmartin Properties Ltd has completed a £10m refurbishment of 143 Long Acre.
The building is situated at the gateway to Covent Garden from Leicester Square and comprises a flagship retail store and five floors of office space. Longmartin Properties is a joint venture between Shaftesbury and The Mercers’ Company,
Located on the corner of Long Acre, and with St Martin’s Courtyard sitting behind, the fully refurbished 143 Long Acre building leads with a 4,000 sq ft flagship retail opportunity on the ground floor.
Commenting on behalf of Longmartin Properties Ltd, Simon Taylor, property director at The Mercers’ Company, said: “143 and The Arbour are revitalised landmarks in Covent Garden, with the investment delivering new and innovative space for both retail and offices within one of the most renowned areas in London’s West End.
“The retail space, in particular, is set amongst a great line-up of the UK and international brands on Long Acre and neighbouring St Martin’s Courtyard.”
An additional 7,600 sq ft of offices, named The Arbour, spans across five floors above and is completed by a private 500 sq ft rooftop terrace. It has been designed by Ian Ritchie Architects.
Charles Owen, portfolio executive at Shaftesbury on behalf Longmartin Properties LTD, added: “Our significant investment in this project highlights our commitment to delivering a high-quality mixed-use space within the heart of Covent Garden.
“Taking full advantage of its unique positioning in London’s West End, this redevelopment sets the benchmark for the future plans of the Longmartin Estate.
“All elements of the building have been carefully considered to complement the rich heritage within the area, while still delivering a statement retail and office space.”
Colliers and Hanover Green Retail are the leasing agents for the retail space at 143 Long Acre and Colliers and CBRE for the offices.
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