London landlord launches innovative leasing approach
LabTech, owner of Camden Market, and Colliers International have created an innovative new approach to leasing the retail and F&B element of Hawley Wharf, the 580,000-sq ft mixed-use destination that is due to open in Camden this autumn.
The programme, which will formally launch at an open house event in Hawley Wharf on April 9, is designed to make it as easy and attractive as possible for entrepreneurs, independents and artisans, including those new to bricks and mortar, to take space in the development.
Key to the programme are creating flexibility and reducing risk for start-ups and fledgling businesses. LabTech and Colliers will be offering turnover rents, shorter-terms, and providing a baseline kitchen fit-out for F&B brands.
Hawley Wharf Camden is a 580,000 sq ft mixed-scheme destination that will deliver a unique Camden-style ecosystem for visitors and workers to enjoy. The canal-side mixed-use development will provide 150 shops, over 60 places to eat, 195 apartments and 50,000 sq ft of co-working space.
LabTech’s commercial director Tomer Bercoviz said: “We recognise it is important to break down barriers for entrepreneurs, independents and artisans. That means sharing the risks, increasing the ease with which such businesses can take space, and supporting them as they grow. In addition, our strategy enables us to support international brands looking to break into the UK market for the first time, providing them with a platform in the heart of Camden that will give them the opportunity to grow globally.”