JD Sports to open second major Oxford Street store
Sportswear retailer JD Sports has secured space for a second major store on Londons Oxford Street.
Represented by Savills, the retailer has agreed to lease a 23,000 square foot property west of Oxford Circus at 375-381 Oxford Street.
Owned by Norges Bank Investment Management, the store sits within the West One Shopping Centre.
In 2014, Savills also acquired a 34,500 square foot store east of Oxford Circus for JD Sports at 201-203 Oxford Street.
The new deal means the retailer, which exited a smaller second unit on the street earlier this year due to the future redevelopment of the building, now has a major store on both east and west Oxford Street.
Sam Foyle, Oxford Street specialist at Savills, said: “This property is ideally positioned to complement our client’s existing store on east Oxford Street and ensure JD Sports can maximise the benefits of future footfall increases linked to Crossrail and other infrastructure improvements.”
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