Stafford Morrisons plans scrapped as site sold for £24 million
Plans to open a Morrisons supermarket in Stafford have been scrapped after the site was bought by private investors.
Published
The recently developed Kingsmead site, which was owned by LXB Retail Properties, has been sold to private investment group Triple Jersey Ltd for £24 million.
Morrisons had previously signed a lease agreement for the 71,500 square foot store but, after more than eight months of uncertainty, it has now been confirmed that the supermarket chain will not move in.
Leader of Stafford Borough Council, Patrick Farrington, welcomed the announcement.
