What’s in store for the future of House of Fraser?
House of Fraser closed on Saturday (January 26) and has left many people wondering what will take its place.
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Hide AdHarry Foster from Savills Investment Management, which manages the site, said there was ‘lots going on behind the scenes’ and that planning consultants and an architect had been appointed and consultations were being held with potential occupiers.
Some residents expressed their desire to see a Primark at the site but Mr Foster said his understanding was that the company was not interested in the site.
He said: “It’s not a very good situation for anyone but if I was a betting man it is looking more likely it would be a mixture of places and remain mainly retail.”
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Hide AdThere was also interest for an ‘everyman-type cinema’ and Mr Foster said the group is ‘not leaving any stone unturned’ in finding a use for the site.
Mr Foster has said previously said Savills’ Charity Property Fund would do everything it could to find alternative occupiers and offered reduced rent and lease period for House of Fraser when it was bought out by Sports Direct.