Kanoo Foreign Exchange have relocated their store in Coventry but remain within the established Cathedral Lanes Shopping Centre.
Kanoo have moved to unit 5 from a unit only 4 doors down to allow the landlords space to undertake a major refurbishment/redevelopment of the centre to transform the centre into a restaurant/leisure/retail destination. The Exchange has acquired the unit on a new 10 year lease at a commencing rental of £32,000 per annum. The ground floor store extends to 625 sq ft. Other retailers in the centre include Wilkinsons, Waterstones and JD Sports and a number of notable restaurant occupiers are expected to join by the end of the year.
Kanoo Foreign Exchange is part of the Kanoo Travel Group, a family owned business which is the largest tour company in the Middle East and first came to the UK 2007.
Hartnell Taylor Cook LLP advised Kanoo Foreign exchange and the landlords, Shearer Property Group were unrepresented.