Angel Central completes ground floor leasing with Therapie Clinic signing

The ground floor of Angel Central in Islington is now fully let, following CBRE Investment Management’s signing of Therapie Clinic.

The aesthetic medical centre will open a 2,172 sq ft facility later this year, adjacent to Rituals and the recently refurbished Accessorize store.

The facility will offer services such as laser hair removal, body sculpting and tonal treatments, cosmetic injections, and skin treatments.

Joining anchor stores Uniqlo and H&M, Therapie’s signing marks a milestone for Angel Central as it reaches full occupation of its ground floor, following the arrival of retailers such as Mango, KIKO Milano, and Oliver Bonas earlier this year.

The recent openings have translated into improved performance across the centre, with Angel Central seeing a 34.8% uplift in sales throughout the third quarter of this year, and an 11.4% increase in like-for-like sales. Footfall during this period has also increased, up by 2.6% and 3.7% compared to Q3 2023 and Q3 2019 respectively, with year-to-date sales currently up by 25.8% and 8.1% on a like-for-like basis.

Ciara Daffy, asset manager at CBRE Investment Management, said: “There have been several leading brands arrive at Angel Central in the last twelve months, and it’s fantastic to round off our ground-floor leasing with Thérapie Clinic. These openings, combined with our solid performance so far this year, really signify the strength of Angel Central and the success we have in serving the needs of our community. We’ve highlighted that it’s not just about bringing in new names but stimulating growth with existing retailers too, and we are on track to driving forward one of Angel Central’s most successful years post-refurbishment.”

CBRE and Colliers act for Angel Central.