St Martin's Courtyard,
Covent Garden
Longmartin Properties Limited is 50% owned by Shaftesbury PLC, and has a long leasehold interest in the island site of almost two acres bounded by St Martin’s Lane, Long Acre, Shelton Street and Mercer Street. A major redevelopment of part of the site, to be known as St Martin’s Courtyard, is now underway.
Through a project of phased regeneration and new development at the centre of our site, we are creating St Martin’s Courtyard, a mixed use scheme, which includes 23 shops (67,000 sq. ft), five restaurants (30,000 sq. ft.), 69,000 sq. ft. of offices in four buildings and 34 apartments. This is in addition to the adjacent buildings on the island site.
The next phases of shops and restaurants in the Courtyard scheme are expected to be ready for tenants to fit out in February 2010. To date over 50% by value of the retail and 65% by value of the restaurants have been either pre-let or put under offer. We are confident that the shops and restaurants will all have been let before the Courtyard opens to the public in the summer of 2010.
The office accommodation, spread across four self-contained buildings, will be ready between February and September 2010 and we are now able to offer them to let. With their central location and unique courtyard setting, we expect healthy interest. The 33 apartments within the scheme will become available in phases by summer 2010.
Facts
| No. | Area Sq ft |
Gross income |
|
| Shops | 24 | 69,000 | 28% |
| Restaurants and leisure | 8 | 47,000 | 33% |
| Offices (tenancies) | - | 98,000 | 11% |
| Residential | 74 | 54,000 | 29% |
Useful contacts
All enquiries for St Martin's Courtyard
Simon Quayle
Property Director
