Lakeland launches in Milton Keynes
Published: 29 January, 2013
Kitchenware retailer to occupy the 6,000-sq ft former Mothercare store at thecentre:mk
Lakeland, the UK’s premier independent kitchenware retailer, has now taken possession of its latest store acquisition at thecentre:mk, Milton Keynes. Formerly occupied by Mothercare and due to open in time for Easter, the 6,060 sq ft-store occupies a prime location in thecentre:mk, close to John Lewis and Next which were refurbished at the end of last year.
The store will take Lakeland’s total number to 61 with further new stores planned to open during 2013. New stores are already committed to in Wimbledon, Edinburgh and Stirling and retained property adviser Harmer Ray Hoffbrand is seeking additional opportunities for this year. Regional city centre locations including Manchester, Leeds and Bristol are being targeted with a major focus on seeking new stores in affluent London suburbs.
Ben Tolhurst, asset manager at landlord Hermes Real Estate Investment Management, said: “It is great to see new brands taking space in the centre and this announcement marks a further chapter in the development plans for the centre. Over the last twelve months we have invested heavily in improving the retail line-up, with a £27m extension and refurbishment at John Lewis, £6m extension and refit at Next and £4.5m refurbishment at House of Fraser, introducing new unseen brands at thecentre:mk.”
CBRE and GCW are joint leasing agents at thecentre:mk.