Redevelopment News 09.19

START DATE
Sep 2019
END DATE
Apr 2020

Update on the New Fruit and Veg Market, Phase One

We are on schedule to complete Phase One of the new Fruit & Veg Market on time and the first sections of West and Central Blocks will be ready for fit-outs to begin in November 2019.

AVAILABLE PHASE ONE UNITS 

We are excited about the future of New Covent Garden Market and believe the redevelopment will create a thriving, modern wholesale market that will work for tenants and customers. However, as much as we hope that existing tenants will join us in the new market, we accept that each tenant must decide whether it is the right choice for their business.

We want to make you aware that some tenants in Phase One have chosen not to accept the offer of space in the new market. We are therefore marketing the available Phase One space in the Fresh Produce Journal and other industry media.

If your business is interested in leasing one of the available units, please get in touch with Sean McVeigh (sean.mcveigh@cgma.co.uk) or Michael Sharkey (michael.sharkey@cgma.co.uk) in our Property team as early as possible to discuss options.

QUERIES ABOUT THE NEW MARKET

Below, we have addressed some common queries about the new Fruit & Veg Market.

Phase Two consultations are underway and we would encourage tenants to submit your fit-out plans and get in touch with Tony Carter (Tony.Carter@cgma.co.uk) or Sean McVeigh (Sean.McVeigh@cgma.co.uk) as early as possible to discuss any queries or concerns you may have, so that we can address them if reasonably possible.

Fruit & Veg Market: your questions answered

Jo Breare, Operations Director, answers some common queries about the new market.

Q. Will there be a 15 minute time limit for deliveries?

A. The plan at present is for deliveries to continue as they do currently. We continue to review how the market operates and will consider what operational management controls are needed throughout the redevelopment and in the new market. While it may be necessary to bring in timed deliveries, we would inform tenants before doing this. 

Q. What is happening with Buyers Walk?

A. The new market will have a Buyers Walk that is 4.5m wide, running along the middle of Central Block. In the current design, tenants in Central Block will locate their ‘show’ just inside their units, for fire safety reasons. We are discussing this with the CGTA. These discussions do not affect tenants in Phase One as none of them are wholesalers that will ‘show’ their produce on Buyers Walk.

Q. Will the Sunday Market continue to operate?

A. The Sunday Market will continue to operate as usual. If this should change at any time in the future, leases will be amended to reflect this.

Do I have to install in-rack sprinklers?

A. Yes, every tenant has to meet the requirements for in-rack sprinklers outlined in their leases, to ensure that units are affordably insurable on a long-term basis.

Jo answered common queries relating to condensation, power supply, ceilings, width of units, and strength of the hardstanding, in the August issue of Redevelopment News

 

Multi storey car park lift replacement

Replacement of the multi storey car park (MSCP) lifts is underway. Following surveys of the internal lift shafts and asbestos removal in the lift lobbies, one lift has been removed and work has begun to remove the second lift. This work should be completed by November 2019, to allow for demolition of the link bridge.

Postcodes for new Fruit & Veg Market

If you are ordering items for the fit-out of your unit, please note that the postcodes for the new Fruit & Veg Market vary by block as follows:

West Block
New Covent Garden Market
LONDON
SW8 5EN

Central Block
New Covent Garden Market
LONDON
SW8 5EQ

East Block
New Covent Garden Market
LONDON
SW8 5ES

The postcode for your new unit will appear on your lease.

Demolition of Link House

Work continues to remove asbestos from Link House before its eventual demolition, which will begin in early 2020. We will share further information shortly. 

Removal of the West Bridge

We are currently planning the final demolition and removal of the bridge, which will begin in early 2020. We will notify you as soon as possible about any potential impact or temporary road layouts.