Menkind branch out into three more cities
Following their announcement in June of expansion plans, Menkind, the men’s gifts and accessories emporium, have signed up to leases in Victoria Centre in Nottingham, Liverpool1 and Bon Accord in Aberdeen.
They have also recently opened in Royal Victoria Place in Tunbridge Wells and The Oracle in Reading with further openings planned in Meadowhall and Cardiff. Typically Menkind trade from around 1,000 – 1,500 sq ft and are looking to open a further dozen or so stores by the end of October of which a couple could still be permanent sites and the balance being temporary stores. Towns such as Oxford, Birmingham, Bristol, Norwich, Glasgow, Milton Keynes and the like are on the agenda. Mark Talbot, director of their solely retained agents, Angermann Goddard & Loyd confirmed "The current property climate is giving retailers such as my client a great opportunity to add quality sites to their portfolio and on terms we haven’t seen since the early 80's. The beauty from a landlord’s perspective in dealing with us is that if a deal can be agreed they’ll have a tenant committed in double quick time …… take Liverpool1 where we only started talking to Cushmans on 13th July, viewed on 21st, instructed solicitors on 29th and then exchanged the following week!"
Menkind was created by Paul Kraftman in 2001 after the successful sale to venture capitalists of the family owned retail chain Tempo, which he helped to build from a small chain of local stores to a regional multiple turning over £150 million.
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