FHP SECURE 2 NEW STORES FOR PENMARK CARDS

Retail News

FHP have successfully agreed terms on two new stores acquired on behalf of clients, Penmark Cards.

Penmark Cards, trading under the Hallmark and Thorntons brands were looking to expand their East Midlands representation into the West Midlands. FHP working with Penmark, successfully identified and secured two new stores in Kenilworth and Bridgnorth.

Hannah Chapman of Fisher Hargreaves Proctor comments:-

“It is encouraging in these difficult economic times to see retailers continuing to experience strong sales across their stores and be in a position to take advantage of opportunities for expansion.

 

Penmark have built up a strong network of stores in the East Midlands and the key to their success is finding the right store in the right location and on the right terms. We are pleased to provide them with the expertise and advice they need to support their future success.”

Mark Rees of Penmark Cards adds:-

“We are delighted already at the performance of the two stores, trading well in excess of our expectations. The help and advice provided to us by FHP throughout the whole acquisition process proved invaluable and without their help it is unlikely that we would have secured the two sites ahead of other retailers.”  

For more information about these lettings, or to see how Fisher Hargreaves Proctor could assist you with your property matters, please contact the Derby office on 01332 343 222.