Shrinking 'Gap' on Chiswick High Road
Local Gap store has cut back on its retail area
A private overseas investor has acquired the freehold interest in the building at 260-262 Chiswick High where the local branch of Gap is located but local sources suggest that the store will remain at the location.
There were rumours some weeks ago that Gap Chiswick was closing, after one section of the shop was closed to the public and posters were pasted on the windows. The stock was moved to the other side of the store and the store continues to trade as Baby GAP.
We asked GAP head office (on 10 March) if they were intending to close their retail outlet in Chiswick but have yet to receive a reply. However, local sources have told us that there is no current plan to close the shop and GAP remains a tenant.
The overseas investor acquired the freehold interest from private clients of Capita Real Estate for £5.5million.
The ground floor retail unit offers nearly 2,000 sq feet, with three upper floors, currently arranged with two flats per floor.
The ground floor unit is let to GPS (Great Britain), which trades as Baby GAP.
Gap, Inc, is an American worldwide clothing and accessories retailer, founded in 1969 by Donald Fisher and Doris F Fisher and its headquarters are in San Francisco, California. It has over 3,000 stores worldwide, mainly in the United States and also owns Banana Republic and Old Navy and has a distinctive blue box logo with GAP in capital letters.
April 8, 2016