Lacoste, represented by Savills, has acquired the leasehold interest on a new flagship store on 48 Brompton Road, London from French Connection.

Lacoste shop in PragueThe designer sports brand paid French Connection a premium of £800,000 for a lease with a term of 11 years remaining. Lacoste will pay £500,000 per annum on the 7,000 sq ft (650 sq m) store.

Anthony Selwyn, Savills Retail Director, comments: "This store will provide Lacoste with a superb flagship in London and will feature their new modern design concept paired with the traditional iconic range."

Savills acted on behalf of Lacoste. Ashley Phillips Lahaise advised French Connection.

Source: Savills.

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