Nike takes 10,000 sq ft at Liverpool Shopping Park
The sports retailer has signed a 10-year lease at the Old Swan complex, taking over a unit formerly occupied by fashion retailer Outfit.
Nike’s new 10,000 sq ft store at The Derwent Group’s Liverpool Shopping Park, located on Edge Lane, is expected to open in the second half of this year.
“This letting shows there continues to be confidence in the best retail locations,” said James Maule-Ffinch, senior asset manager at The Derwent Group.
“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 The Derwent Group.
Other occupiers at Liverpool Shopping Park, which opened in October 2017, include Next, M&S Food Hall, River Island, H&M, Chiquito, TK Maxx and Smyths Toys.
In 2019, The Derwent Group’s plans to expand the complex by 145,000 sq ft were approved by the city council. The scheme has since been scaled back to 85,000 sq ft.
“Since the pandemic, we have been re-examining plans for the next phase of the park’s development,” said Maule-Ffinch. We are discussing options and pre-lets with a variety of national leisure operators and retailers at present and hope to be able to finalise plans in the next few months.”
“We do expect the next phase to increase the park’s overall square footage by circa 85,000 sq. ft and to include the refurbishment of the Hollywood Bowl unit to accommodate several food and beverage operators.”