New Bond Street Dearest Place For Store Owners

In what is perhaps not a very suprising piece of news, ThisIsMoney.co.uk has reported that New Bond Street in Mayfair is the most expensive place in Britain to rent retail space.

Global property agent Cushman & Wakefield have detected an increase of 11% over the last year, which they put down to a number of new tenants designed to take advantage of spending power provided by the influx of wealthy Russian businessmen into the capital.