Developer Ion has agreed to let 7,500 sq ft of retail space to pub Greene King as part of the £49m Lime Street development in Liverpool city centre.
Under the 25-year lease, Suffolk-headquartered Greene King, the UK’s largest pub owner, will open the doors of its pub in the spring.
Greene King is the latest occupier to take space in Lime Street’s 28,000 sq ft retail and leisure component. One previously announced tenant is Lidl, which opened its 18,000 sq ft supermarket in January 2019. A 101-bedroom Premier Inn and an 11-storey, 412-bedroom student residential block have been delivered as part of the regeneration of the area, designed by Broadway Malyan and IBI Group.
Steve Parry, managing director of Ion, said: “It has always been important to us to reflect the roots of Lime Street through this development. Lime Street was traditionally a street where entertainment married harmoniously with food, drink and retail. We hoped to mirror that offering when allocating the street level units.”
A spokesperson for Greene King said: “Greene King Local Pubs are all individually designed, to reflect the community they sit within and offer a local experience. Lime Street is an inimitable street that welcomes visitors to the city, and Greene King will reflect this uniqueness. [The outlet] will provide another location for people to enjoy food and drink in this part of town and further instil a sense of local community in this part of the city.”
The letting comes almost four months after Greene King was bought by Hong Kong firm CKA in a £2.7bn deal. This week, Greene King employees were reported to be threatening strike action over a pay dispute.
Greene King owns around 2,700 pubs, restaurants and hotels across the UK.