Tue, 08 Jan 2013 | ADMINISTRATION
A shopping outlet in the Lake District has entered administration just two-and-a-half years after it first opened.
The K Village, located in Kendal, is owned by Kendal Riverside Ltd. The firm was forced to call in administrators on 28 December, it has been revealed.
The outlet opened up in July 2010 with grand plans to stimulate business in the area and create around 300 full-time and part-time jobs. The owners also suggested that K Village would attract more than 1.5 million visitors and up to 4,000 coaches a year, bringing much needed tourist income to the area.
Unfortunately, it failed to fill many of its business units after opening and the ambitions of Kendal Riverside were never realised.
A statement from the group said that it was “firmly business as usual” until a buyer a was found.
South Lakes MP Tim Farron added that a buyer is being sought for the outlet. He stated: “We need to try and find a buyer for the centre soon and make sure we attract more businesses that people want to visit.
“Many people tell me we need a major retailer like Primark or Nandos in there. I’d like to see if we could make that happen. If we could attract a business like that it would make a massive difference to the centre.”
This well-established company offers a robust opportunity in the branding and marketing sector, serving a diverse client base with long-standing relationships and a strong foothold in the EdTech industry. With impressive growth potential and a skille...
An exciting opportunity to acquire a London-based audio technology business with a portfolio of coveted patents is now available.
This thriving company, specialising in brickwork and groundwork services, is strategically positioned for growth with a strong client base of national construction and civil engineering firms. With a reliable management team and options on freehold p...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.