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A Whole New World

31.08.21

Newham’s Yard, the £140 million mixed-use development located at 151-153 Tower Bridge Road, has a new commercial offering; Planet Organic, the UK’s leading organic supermarket. The vibrant courtyard development by developers Galliard Homes and Acorn Property Group is coming to life, with the first building complete and the second due to complete shortly, with both residential and commercial tenants moving into their new homes.

The new SE1 store is the 12th store to open for Planet Organic, as the sought-after grocer expands its portfolio across London. The 3,264 square foot. ground floor unit has been taken on a 15-year lease with the new store is set to open this Autumn offering both the sought-after grocery products and an in-store café. Planet Organic is the largest organic food and speciality health retailer in the country and has operated since 1995, the UK’s first to be fully certifiable organic.

Newham’s Yard is a stylish courtyard development providing 86 modern apartments, an apart-hotel, commercial and retail space, located just 650 metres from the iconic Tower Bridge. A mixture of studio suites, 1, 2, and 3-bedroom apartments, some with balconies, the new homes have been very popular with buyers with Phase 1 sold out and Phase 2 now 65% sold. There is a new Show Apartment launching this Autumn to showcase the final collection of homes available. With the first residents moved in the opening of Planet Organic is highly anticipated among the new and surrounding community.

KALMARs and Union Street Partners, are marketing the remaining commercial space at the development. The commercial space will provide seven units, totalling 18,186 square feet, of which just over 50% is either let or under offer. All have flexible use and allow for either offices, retail, or food & beverage use. With direct access on to Bermondsey Street the development has all the potential to be a thriving destination adding to the already popular neighbourhood.

Planet Organic has for the last 25 years pioneered retailing of food and products that are healthy for the customer but also in a way that is healthy for the planet. Planet Organic highlight that SE1 offers both a strong local community as well as wider popularity with tourists and visitors, making it an ideal location for expansion.

The popular stores stock a huge range of organic essentials and unpackaged products, as well as gluten free, vegan and keto groceries, kombucha varieties and cauliflower crust pizza. Alongside this, natural bodycare, health, fitness and beauty products are available. The in-store café serves organic coffees with many dairy alternatives, fresh juices and smoothies, as well as wholesome soups and superfood salads.

The commercial deal with Planet Organic was negotiated by Dane Cummings, Head of Commercial Property at Acorn Property Group who says, “We are in discussions with other exciting occupiers who will only add to the vibrancy of Newham’s Yard. We are delighted that a new Planet Organic store will be opening this Autumn, providing sought-after organic food, as our courtyard development comes to life. The surrounding area has a wonderful array of restaurants, bars, galleries and coffee shops but there is no specialist supermarket with a similar offering to Planet Organic, the new store is set to be a huge asset for the local area.”

Ben Thomson, the Chair of Planet Organic, says: “Newham’s Yard is in a great location for Planet Organic with its busy mixture of community, commuter and tourist shoppers, drawn to the area by the markets, the river, Tower Bridge and countless offices. The area has a well-deserved reputation for excellent food and Planet Organic’s healthy and nutritious offering will add to that.”

David Galman, Sales Director at Galliard Homes says: “Newham’s Yard is set in a fantastic location just moments from the iconic Tower Bridge, and adjacent to Bermondsey Street, an established sought-after, bustling location. Building homes with access to excellent amenities is not a buzz word it is a key part of a buyer considering their property purchase. We were keen to create new homes and bring amenities that complement the surrounding community, thinking holistically about what buyers will want.”

Prospective buyers can visit Newham’s Yard to see the lifestyle on offer at an Open Day on Saturday 18th September between 11am and 5pm, coinciding with the popular Bermondsey Street Festival. There will be guided tours of the show apartment and available units, with appointments encouraged.

The development is adjacent to St Mary Magdalen Gardens, providing a tranquil respite for residents to enjoy, whilst also being a short walking distance from London Bridge station for travel across London. Newham’s Yard offers residents direct pedestrian access to Bermondsey Street to enjoy artisan cafes, bars and independent shops, with the iconic street markets of Bermondsey Market and Maltby Street Market on the doorstep.

Every buyer at Newham’s Yard will receive a 3-year free membership to Zipcar and £60 driving credit,. Buyers at Newham’s Yard can also benefit from an extension to the Stamp Duty holiday until 1st January 2022, with the developers paying the first £15,000 of tax on every property bought.

Prices at Newham’s Yard start from £685,000 for a one-bedroom apartment.

www.galliardhomes.com

www.acornpropertygroup.org

For further information on the commercial space at Newham’s Yard please contact agents KALMARs on 0207 403 0600 or Union Street Partners on 020 3757 7777

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