July 25, 2011
Poundland has opened a new store at 46-63 King Street in Hammersmith, west London, after signing a deal with landlord Alanis Capital Limited, represented by Kitchen La Frenais Morgan.
The former HMV high street store consists of a 4,723 sq ft ground floor sales area and 4,191 sq ft basement. The retailer has signed a new 15 year lease at a rent of £260,000 pa.
Poundland have taken over the shop left behind by HMV music store earlier this year. The retailer first opened in 1990 and now has over 330 shops across the UK.
Kitchen La Frenais Morgan acted on behalf of landlord Alanis Capital Limited and Capital Retail advised the tenants.