BGP complete on the investment sale of commercial element at One Blackfriars

Bruce Gillingham Pollard acted on behalf of St George on the sale of the commercial element of One Blackfriars which completed in July. The purchaser is a private investor.

One Blackfriars is an iconic mixed used development at Blackfriars Road in Bankside. The commercial element comprises 11,000 sq ft and is arranged over ground and first floor benefitting from both retail and restaurant use. The property was sold with vacant possession and will be marketed by the new owner.

Nick Halley acted for St George alongside Woody Bruce and commented:

’We were delighted to sell this asset in an iconic London building. The property was sold off market and we achieved a strong price in line with our client’s expectations.’

Daniel Freedman of Robert Irving Burns acted for the purchaser.

Nick Halley completes sale of Sainsburys Local in Royal Wharf

Bruce Gillingham Pollard are delighted to have completed on the investment sale of the Sainsburys Local at Royal Wharf in Newham, acting on behalf of the vendor, Ballymore.

The sale was undertaken off-market and purchased by a private investor. The property is a 4,000 sq ft retail unit, let to Sainsburys Supermarkets for 13 years unexpired. Royal Wharf is a large residential and commercial development in the Royal Docks on the northern bank of the Thames comprising 120,000 sq ft of commercial space and 3,385 new homes.

Nick Halley of BGP acted for Ballymore and Jamie Whitelaw of CWM acted for the vendor.

Mowgli Street Food opens on Church Street, Cardiff

Indian street food brand Mowgli has opened its new restaurant in Cardiff as part of the Church Street development. Bruce Gillingham Pollard acted on behalf of the landlord, Hermes Investment Management.

This is Mowgli’s eighth restaurant having opened their first site in 2014 on Bold Street in Liverpool. Since then, former barrister and now TV personality, Nisha Katona has opened in Manchester, Birmingham, Sheffield and Nottingham, with this unit their first site in Wales. The menus are designed to emulate authentic Indian home and street cooking including the iconic tiffin tins. The restaurant has been designed to be fun, yet intimate with trees, bird cages, rope swing seats, exposed brick walls and fairy lights.

Church Street is a pedestrianized thoroughfare which links High Street and St Mary Street in Cardiff which has been redeveloped by the landlord to create a restaurant destination. Mowgli is joining a high-quality line up which includes The Botanist, Pho and Honest Burger with one further letting to be announced in due course.

Victoria Broadhead acted on the letting, and comments: 

‘Cardiff is such a vibrant city with a large young professional population and a lucrative visitor economy. Mowgli is the perfect occupier for the cosmopolitan Cardiff customer and ideally complements the existing line up. Having focused exclusively on expanding nationally, Mowgli is a great example of the quality operators successfully trading outside of London.’

BGP act jointly on Church Street with Cooke & Arkwright. The tenant was not represented

Latest outpost from the Incipio Group ‘Lost in Brixton’ opens in Brixton Village

‘Take a wrong turn to the right place, and you’ll find Lost in Brixton’

This summer saw the opening of ‘Lost in Brixton’, a ‘hidden’ jungle-themed roof terrace with capacity for 440. This is the fifth venue from Incipio group who are also behind The Prince in West Brompton and the Pergola sites in Paddington and Olympia. The bar is located in a previously unused space above a goods yard, next to the railway arches.

Following a similar winning formula to their other venues, Lost in Brixton features live music, local draft beer and a retractable for the summer evenings. However, unlike their previous venues, the food offer is sourced exclusively through existing traders within Brixton Village and makes use of a bespoke app ‘Tablesnapper’ which enables customers to order food from the market which is then delivered to your table.

Bruce Gililngham Pollard acted for the landlord, Hondo on their acquisition of Brixton Village last year and continue to advise on the leasing and commercialization strategy.