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Metrocentre House of Fraser store to remain open for now after 'interim agreement' reached

Credit: PA

After negotiation talks, the company that owns the Metrocentre has reached a provisional deal with Sports Direct owner Mike Ashley to keep the doors open at the House of Fraser Store in the shopping centre.

The Metrocentre department store is one of four others to be included in an 'interim agreement'

In a statement, Intu Properties said:

We are committed to working with all our retailers to ensure they are perfectly placed to showcase their brands and draw in shoppers.

Our high-footfall winning destinations are designed to help all our tenants flourish.

We confirm that following constructive discussions with SportsDirect, we have reached an interim agreement on four House of Fraser stores at intu Chapelfield, intu Lakeside, intu Metrocentre and intu Victoria Centre.”

– Intu Properties