Why London’s Bond Street is still in fashion [Video]

A rooftop garden is set to bloom above the former Fenwick store on Bond Street in London, in a major sign of the revival rippling through this central London location, writes Anne Ashworth.

As was revealed this week, US private equity giant Blackstone paid £230m for 130-134 New Bond Street, Mayfair.

The purchase of the building, in which Church’s the shoemaker and the watch companies Breitling and Audemars Piguet are based, highlights the mounting interest in acquiring premises on this boulevard of glittering brands in the heart of the West End.

“Bond Street’s condition is improving,” says Oli Creasy, head of property research at wealth manager Quilter Cheviot. “Interest from shoppers, occupiers, and property investors is good – and growing.”

The closure in February of the Bond Street branch of the Fenwick chain was followed by the shuttering of the Mulberry and Smythson shops.

But top property consultancies say that the empty units are a sign …