Sports Direct to take over former Liverpool M&S
Sports Direct is set to create a new store and gym after acquiring the former Marks & Spencer store in Church Street, Liverpool.
The Frasers Group-owned retailer will move into a 103,000 sq ft space at the Grade II-listed Compton House, Liverpool Business News (LBN) has reported.
M&S relocated to the former Debenhams store at Liverpool ONE in August, after a 93-year tenure at its Church Street location.
It is expected that Sports Direct’s fit-out will take around 18 months. It is not yet clear what will happen to the sportswear retailer’s existing location at Liverpool ONE.
James France, head of acquisitions at Frasers Group, told LBN: “We are pleased to confirm that we have acquired Compton House located on Liverpool’s renowned Church Street.
“We are big believers in physical retail and this acquisition marks an exciting time for the group as we continue to expand our store portfolio across the UK and Europe.
“As the UK’s leading destination for sportswear, we are looking forward to bringing Liverpool customers a next-generation sports retail experience with the opening of a 70,000 sq ft Sports Direct flagship store. Subject to approval, Everlast Gyms will also open a 23,000 sq. ft hybrid gym in the space.”
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