For those who love your childish side (or those with children rather), we have heard the Disney Store will open a new concept store of 14,000sq ft in the West End. The premises will occupy 350 Oxford street (currently Mexx store) and it is thought Disney will be paying an annual rent close to £2mio for the premises, not bad!!!. The below is extracted from the Propertyweek magazine.
A Disney spokeswoman said: “Disney Store can confirm that we have reached agreement with Mexx to take over their leasehold interest in 350 Oxford Street and we are in joint discussions with the landlords in order to achieve a transfer of the property in the coming months. The property is expected open as a Disney Store in 2011.”
The Disney Store will unveil its new design at its Montebello near Los Angeles in the US and Madrid in Spain this summer. The new design brings theme park quality storytelling and new technology that rivals an Apple Store to the Disney Store brand.
Disney plans more than 20 new or remodelled Disney Stores across North America and Europe. The confirmed stores in the UK are Centre MK in Milton Keynes, Bon Accord Centre in Aberdeen and Donegal Place in Belfast. It is yet to confirm the new Oxford Street store as one of the new concept stores.
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