Luxury handmade furniture brand to move into Beverley's former Multiyork shop
Beverley's former Multiyork shop will be converted to a luxury handmade furniture store
By Hull Daily Mail | Posted: 12 Jan 2018
A Sofa Workshop store selling luxury handmade furniture is to move into Beverley’s former Multiyork store, which shut this week.
The empty Multiyork shop in Saturday Market has been acquired by DFS Furniture for a Sofa Workshop branch.
The luxury brand will open at the prime retail unit before Easter.
It comes after national retailer Multiyork Furniture Ltd entered administration in November, putting more than 500 jobs in 50 shops at risk.
DFS has acquired the leases for eight Multiyork stores, including the Beverley shop.
Beverley will be one of six converted to Sofa Workshop stores, with two becoming DFS stores.
Sofa Workshop aims to be trading in Beverley by Easter
DFS is offering roles to 35 Multiyork staff at the eight stores being transferred.
Gill Stewart, CEO of Sofa Workshop, says: “We are delighted to take this opportunity to expand our store network, offering customers a local presence where they can experience Sofa Workshop’s exclusive range of modern, luxury, handmade furniture.
“We very much look forward to welcoming the sales colleagues from Multiyork as part of our network of experienced store teams.”
Ian Filby, CEO at DFS Furniture, says: “We are pleased by this positive outcome, which offers a clear opportunity to accelerate our growth plans for Sofa Workshop, as it continues to go from strength to strength.”
Property experts were not expecting the prime retail unit in Beverley’s market place to be empty for long.
The vacancy rate in Beverley town centre is just one per cent – 10 per cent below the national average.
Beverley’s flourishing town centre has attracted an influx of aspirational niche brands in recent months, including Jo Malone London, Hotel Chocolat and Mint Velvet.
National business Multiyork got into financial difficulties when it could not meet it financial liabilities as a result of trading losses.
The brand, which was founded in 1978, is believed to have struggled in a challenging retail market, which has seen shoppers shying away from buying expensive items for their homes.
'Offshore wind is spinning round a 40 year story of decline' - major investor's take on Grimsby's latest addition
East Yorkshire's new Siemens factory gets 1.5bn deal to build London Underground trains