Foyles gets a new home on Charing Cross Road
1st March 2011
The flagship Foyles bookstore at 113-119 Charing Cross Road is to be relocated to 107-109 on the same road as the retailer creates a purpose-built bookselling space.
Foyles, which has traded on Charing Cross Road for over a century, will occupy the space currently housing the Central St Martin's School of Art, with building work expected to begin by the end of the year and the project expected to be completed within two years.
The move will enable Foyles to 'substantially' increase the space at ground floor level, while the retail space will now be spread over three floors, said chief executive Sam Husain.
He stressed that the new store will retain Foyles' unique character, award-winning cafe and gallery space.
'This is a wonderful opportunity for Foyles to create a modern, purpose-built flagship store and guarantee the future of bookselling on London's historic Charing Cross Road,' Mr Husain commented.
He added that the new premises, which is located just 15 yards away from the current store, will provide a 'fantastic environment' for book lovers and booksellers alike.
Philip Tolhurst, chief executive of Noved Investment Holdings, the West End property holding company for five members of the Foyle family, added that the relocation will 'retain the reputation of this rapidly improving area as the literary heart of London'.
Later this month, Foyles will open its sixth branch in Bristol's Cabot Circus retail development, which will be the bookstore's first shop outside London for 70 years.