Asian fast-food chain, ITSU, has taken a new 1,815 sq ft outlet on the ground floor of Alchemi Group’s flagship residential development at 55 Victoria Street, SW1.

Levy’s Head of Retail Agency, Matt Paulson-Ellis, who advised Alchemi on the letting comments: “ITSU has taken a new 15-year lease and the initial rent of £250,000pa reflects a new Zone A high of £170 for this stretch of Victoria Street”.

Alchemi has planning consent to convert the 1980s office building into 54 high-end apartments with retail accommodation on the ground floor.