Matalan store in Bamber Bridge goes up for sale for £6million

Matalan's Bamber Bridge store has been put up for sale with a price tag of more than £6million.

By Matthew Calderbank
Sunday, 20th February 2022, 10:49 am
Updated Sunday, 20th February 2022, 11:00 am

The listing on Zoopla has led to speculation about its future, with some shoppers fearing the retailer might be leaving South Ribble after 36 years of trading at its Bamber Bridge store.

In fact, the branch in Cuerden Way was the very first Matalan store opened in the UK back in 1985.

But shoppers need not fret.

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Matalan's Bamber Bridge store has been put up for sale with a price tag of more than £6million. Pic: Google

Estate agents Avison Young say Matalan has a lease in place until May 2032. It currently pays rent of £576,000 per year and this is set to rise to £737,000 in 2027.

So it appears Matalan will be staying put for the foreseeable future, with its landlord merely seeking to offload the 58,306 sq ft building to property investors.

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Just the other year, Matalan completed a refurbishment of the store, which the estate agent says "shows their commitment to the property".

You can view the listing on Zoopla here.

Matalan has been approached for comment.

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