Gant makes fashionable entrance to Woollahra
Gant, the menswear store, is about to take up occupancy on Queen Street, Woollahra.
It is taking the premises vacated by Robert Burton who has crossed the street to single-fronted rental space.
The tenancy had been available for rent at about $160,000 a year.
The intended Gant space last sold in 2009 at $6.25 million to the Richardson family. The double-fronted Queen Street shop, which dates back to 1872, sold through Bob Guth at Bradfield & Prichard Double Bay.
Its previous sale was for $6,025,000 in 2004.
The Sydney suburb of Woollahra’s prestige shopping precinct’s most recent sale was in mid-June 2011, when the Howell and Howell antique premises fetched $4.25 million post-auction through Richardson and Wrench in conjunction with Laing and Simmons agent John Knott.
The former Howell premises are available through Knott at about $165,000 annual rental for the 160-square-metre ground-floor retail space.
The Gant space boasts an 11-metre retail frontage to Queen Street and totals 140 square metres.
Burton is renowned for selling a range of clothing from European fashion houses, but the Sydney style guru has barely had a mention in the Sydney Morning Herald since its retailing columnist Melissa Penfold took extended leave.
