A relatively new retailer to the UK market, OPPEIN, the largest cabinet manufacturer in Asia, has taken the former Magnet retail outlet at 7-11 Stamford New Road, Altrincham
The outlet, within the landmark Stamford House complex, recently acquired by the Pervaiz Naviede Family Trust (PNFT), comprises 2,484 sq ft and has been taken on a 10 year lease at a rent of £41,500 per annum.
OPPEIN supplies all kinds of cabinets for both house owners and residential projects. Different from standard furniture, it designs custom made solutions based on the given dimensions offering a whole-house solution for its customers.
Christina Wang, managing director, OPPEIN Manchester Showroom, said: “We are looking forward to opening the Manchester showroom by the end of November. We are trying our best to help present the excellent customized cabinetry products which are in modern design and free from formaldehyde. OPPEIN also provide one-stop solution from measurement to installation”.
Daniel Lee, director, Regional Property Solutions, who acted for the landlord, Pervaiz Naviede Family Trust, said: “This letting to OPPEIN and the recently opened Your Green & Co within Stamford House were agreed pre lockdown and completed after the retail restrictions lifted and reflect the strength of Altrincham town centre. The doom and gloom surrounding the retail market is not universal as I am aware other suburban centres are benefitting from improved demand and take-up indicating a desire to shop local rather than city centre given the current circumstances.
“Despite the loss of Debenhams and the closure of the House of Fraser at the end of August, the purchase last October by Trafford Council and Bruntwood Works of the Stamford Quarter Shopping Centre, of which the House of Fraser is part, provides the opportunity to revive this retail enclave. They are now exploring new uses for the building and improving the public realm, which will be a key element in the overall ambitions to help secure Altrincham’s continued success.”
