Case Study: Magnet relocates in Orpington, Kent
Magnet, one of the UKs leading kitchen retail brands, have relocated to a new showroom in Orpington, Kent, thanks to a deal brokered by retail property agent, Paul Moody.
The new showroom is located in High Street, Orpington covers two floors, and 2,898 sq ft.
Andy Cartlidge, head of Group Property and Store Development for Magnet said “thank you to our agent Paul Moody for brokering a complex relocation deal, which is of significant benefit to Magnet”.
Paul Moody, retail agent and partner at Sanderson Weatherall said “we are pleased to have arranged the acquisition of Magnet’s new Lease simultaneous with the surrender of their existing Lease and that our client will benefit from significant cost savings”.
We have been working with Magnet for a number of years and provide transactional agency and lease consultancy services to the retailer across their UK wide portfolio.