AshbyCapital, the property investment advisory company, has let 4,109 sq ft at The Avenue, its office and retail development on the corner of Bedford Avenue and Tottenham Court Road in London’s West End, to Pret A Manger.
Replacing Hema, Pret A Manger has signed a 10-year lease and joins existing tenants including Samsonite, Holland and Barrett, Ole & Steen and Games Workshop. The retail units at The Avenue are now fully let, with the new Pret expected to open in early July.
The Avenue, which provides 71,000 sq ft of office space and 14,000 sq ft of retail space, was completed by AshbyCapital and development partner Exemplar in 2017.
Located 100m from the new Elizabeth Line entrance, The Avenue benefits from the additional transport connections offered by Crossrail, but also significant wider regeneration in the area, including the £35m West End Project to transform the area around Tottenham Court Road.
Tom Smithers, Property Director at AshbyCapital, said:
“With the Elizabeth Line now open and central London buzzing again following the pandemic, we are pleased to welcome Pret A Manger to The Avenue, which adds to the food and beverage offering at our Tottenham Court Road development. With exceptional cultural attractions, bars, restaurants and shopping on the doorstep, Pret embellishes the convenient package of amenities for our occupiers to enjoy.”
The retail agents for The Avenue are CBRE and Nash Bond.