A new flagship TK Maxx store is set to open its doors in Mell Square, Solihull next spring 2011 in a significant anchor letting for the centre. GCW acting on behalf of the owners secured a letting on a 10 year lease at a rent of £375,000 pax.
Works are about to commence on the store, which will combine two existing units; the former Bonmarche and Pure Party stores, creating nearly 16,000 square feet of designer and high street labels in a new ladies-only concept.
The TK Maxx concept is simple. TK Maxx buyers shop across the globe all year round, negotiating great deals to bring customers designer and famous brands at a fraction of normal retail prices. A typical TK Maxx store stocks an average 50,000 items with daily deliveries bringing up to 10,000 new items to store every week so customers will always find a constantly fresh and exciting mix of top brands with significant savings, every time they visit.
Commenting on the new Solihull 'Woman' Store, Spokesperson for TK Maxx, Helen Gunter says: We are very excited to be opening up a new store in Solihull. We've created a boutique feel to the store to create a more intimate shopping experience that's in keeping with a smaller store environment.
“Ladies will still find the same big choice of high street and designer fashion and accessories at up to 60% off the RRP, but we hope they will also love the little feminine touches we've added with them in mind. From softly curved walls to decorative mirrors, they can leave husbands, boyfriends and friends sitting comfortably in the seating areas, while they go bargain hunting. "
Mell Square Centre Director Paul Round added: “We are thrilled to be welcoming TK Maxx to Mell Square, adding to the centre’s already strong womenswear offering.
“TK Maxx is a leading international retailer offering key designer pieces at affordable prices, and its arrival in Solihull boosts not only the town’s economy but also its fashion landscape.”
GCW and Cushman & Wakefield act for the owners Aviva Investors.