Debenhams in Arding & Hobbs closed forever

Sadly an icon of Clapham Junction since 1885 will not re-open after the lock down closure and the store is now boarded up.

This has been on the cards for a while. It goes back to Debenhams’ CVA process (a sort of ‘voluntary bankruptcy’) last year where Debenhams asked landlords at 105 stores all over the country (including the Arding & Hobbs building) for rent cuts so they could afford to keep trading. In exchange the landlords were given a consolation prize of being able to end the leases early if they found a better deal.

Most landlords just accepted this, but in Clapham Junction’s case, W Real Estate found it was a great opportunity to make a quick return by selling it for redevelopment. And that is what they have done.