John Lewis signs new 20-year lease on its Sheffield store
John Lewis has signed a new 20-year lease with Sheffield City Council for its store in the city which includes plans for a refurbishment.
Details of the refurbishment of the store, which is located at Barker's Pool, Cambridge Street, are currently under review.
The new lease forms part of the Sheffield City Council’s Heart of the City II plan, which has seen major investment from the Council to progress the significant re-shaping of Sheffield City Centre.
John Lewis said work would likely commence in mid-2021 and the shop would remain open throughout.
John Lewis Partnership property director, Chris Harris said: “Shops continue to play a crucial role in our brand story, alongside a strong ecommerce offering.”
“Our focus is on ensuring that we have the right space in the right locations where our customers want to shop."
“We have had a presence in Sheffield for over 70 years and we have a loyal customer base in the city."
“As such, we are delighted to have agreed a new lease with Sheffield City Council and look forward to continuing to serve our Sheffield customers.”
In July, John Lewis announced it would permanently shut down eight stores that have not yet reopened since lockdown restrictions eased. The move placed 1,300 jobs at risk of redundancy.