NIKE AT LIVERPOOL SHOPPING PARK

Sports retailer Nike has taken a large site at Liverpool Shopping Park.

Nike will occupy the 10,050 sq ft unit formerly occupied by fashion retailer Outfit, on a ten-year lease.

The new store is expected to open in the second half of the year.

James Maule-Ffinch, senior asset manager at Derwent Estates, which manages Liverpool Shopping Park on behalf of The Albert Gubay Charitable Foundation, said: “This letting shows there continues to be confidence in the best retail locations.

“This is the first time Nike has joined the group’s tenant portfolio. We are delighted they’re joining such a well-established line-up of great brands at Liverpool Shopping Park.”

CSP and McMullen RE acted for Derwent Estates.

Liverpool Shopping Park opened in October 2017 and boasts a high-profile frontage onto Edge Lane. The park is home to brands including Next, M&S Food Hall, River Island, H&M, Chiquito, TK Maxx and Smyths Toys.

The shopping mall is managed by Derwent Estates on behalf of The Albert Gubay Charitable Foundation, generating income from property investment and development to be distributed as grants to charitable causes.

The Foundation’s retail portfolio extends to 1.74m sq ft across nine retail parks in the north of England.