LETTING COMPLETED (Nygade 5, 1164 Copenhagen K)

Strøget and its constituent five addresses; Frederiksberggade, Nygade, Vimmelskaftet, Amagertorv and Østergade is known as the world’s first and longest pedestrian street of app. 1.1 kilometres.

The lease is located on Nygade – a small intersection between Frederiksberggade and Vimmelskaftet.

On location one has perfect view of the spectacular, full-renovation project on the Bestseller House, located on the corner of Frederiksberggade 2-4 and Gammeltorv 24-26. The project is estimated to be completed in 2023.

Next door lease to the left is also renovated and projected for a new, exciting retailer.

The area is characterised by both national brands and chains such as Matas (health care chain), Normal (health care chain), Kaufmann (men’s fashion chain), L’Unico (women’s fashion), Frankie’s Pizza (restauration concept under the well-reputable group Madklubben) etc. as well as a small number of independent retailers.

Further, the lease is close to Vimmelskaftet, which holds a combination of national and international retailers, i.e. Moss Copenhagen which was recently established and the hyped, international retailer Uniqlo established in 2018 and finally Rituals in 2020.

Nygade has a daily footfall of between 32,600 and 36,700 people according to footfall counts performed by the municipalities and hence a retailer will benefit from this massive customer potential.

The lease offers great frontage and exposure – 2 display windows and a wide glass entrance – comprising the total ground floor area of the property.

Inside one will find a quite regular and flexible sales area, which can be used for various product displays and interior settings combined with spacious ceiling height.

The total gross area is 161 m² distributed with ground floor level of 81 m² and basement of 80 m² including share of common areas. The ground floor area provides direct access to the storage and personnel facilities in the basement via internal staircase in the back of the area (not visible to customers).

The lease has previously undergone a full renovation and appears of high quality with a unique brightness and incoming light.

The lease will be handed over as inspected and subject to further agreement with the landlord.

COPENHAGEN RETAIL is presenting this unique and attractive opportunity to a targeted group of premium retailers whom the landlord would like to welcome as a new tenant in the building.

It is the aim to attract a retailer who can further enhance the busy and vibrant atmosphere in the area and complement the various retailers already present.