Redefine maxxes out in Derby

Published:  17 May, 2017

Redefine lets 22,000-sq ft store to TK Maxx

Redefine International has exchanged contracts with TK Maxx to take a new unit on Derby’s Albion Street. Situated next to The Disney Store and opposite Gap, the new 22,000-sq ft store will have extensive frontage to Albion Street. The store is being formed from a combination of three unit shops and redundant ancillary space above.

Redefine purchased the Albion Street block which totals 50,000 sq ft of retail space less than 12 months ago. Following the deal to TK Maxx, further units are available through letting agent KLM Retail ranging from 750 to 4,000 sq ft.

Redefine property director Adrian Horsburgh said: “We acquired our units on Albion Street as part of the AUK transaction last year and it is a site that we identified as having significant asset management potential in a high footfall location in Derby city centre, which is the target of significant investment by the local authority.”

Redefine was represented by KLM Retail.

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