240 Regent Street
240 Regent Street
In 2005, an assignment from House of Fraser was agreed for their lease of the former Dickins and Jones Department Store on the eastern side of Regent Street.
- In 2006, planning permission was secured for the redevelopment of the 1-acre island site to provide 7 flagship retail units for tenants including H&M and Banana Republic, 3 floors of offices and a roof-top restaurant, let to Hong Kong restaurant group Aqua.
- An extension of the lease from 30 years to 150 years was granted by the Crown Estate.
- The office floors were let at a record rent for the eastern side of Regent Street at £90 per sq ft, at that time.
The headlease at 240 Regent Street was sold in 2011.