Saturday 10 December 2011 10.27am
As far as I know the remarks critcal of BM itself for the 'allowing' Aesop to set up near the market are wide of the mark. I understand that the building in question is owned by United St Saviour's, not
The BM Trust. That charity also owns a number of other buildings in Park Street
and whenever a lease is up for renewal it is an opportunity to maximise their return, so the larger 'chains' or businesses are the ones who can afford the rent. St Saviours are also currently rather too keen to maximise the usable space in the flats above the shops in Park St., and intend making long overdue 'improvements' (which should have been standard maintenance over the last dozen or more years) thereby opening the way to increase rents to their tenants - but that's another story.
Many of the high street multiples are homing in on the area on the back of the success of the market, so will set up shop as close as they can get!