Standard Life Investments’ Pooled Property Pension Fund, advised by Strutt & Parker and Kitchen La Frenais Morgan, has let Unit 1, ground floor and basement, at 200 Piccadilly, London W1, to Costa Coffee. The coffee chain has taken a total of 3,430 sq ft on a new 10 year lease. The premises are scheduled to open at the end of May this year. The unit benefits from extensive return frontage along Church Place and when open it will bring some much needed life and activity to this section of Piccadilly.

Costa Coffee is the second retailer that Standard Life Investments has signed up at 200 Piccadilly. Ladies and gents shirtmaker, Hawes & Curtis, is scheduled to open its new flagship 5,900 sq ft store on a new 15 year lease by Easter.

Mike Hannigan, Investment Director at Standard Life Investments comments: “We are delighted to welcome Costa Coffee and Hawes & Curtis to 200 Piccadilly. We are also in advanced discussions with a number of other retailers regarding the remaining 10,000 sq ft of space in this excellent West End location and anticipate making an announcement on this soon.”

Briant Champion Long advised Costa Coffee and Douglas Rackley & Partners advised Hawes & Curtis.

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