Waterstones closes branch in Lancaster King Street

Waterstones closes branch in Lancaster King Street

Waterstones has announced the closure of its store in Lancaster's King Street, saying it will not be renewing the lease.

The chain said the shop's lease had been coming to an end and, with the branch temporarily closed since lockdown and another Waterstones nearby in Cornmarket, it had decided “with regret” not to renew.

A spokesperson said: “We are very grateful for the loyal support of our customers over the years, and are pleased that Waterstones Lancaster Cornmarket will continue to welcome Lancaster’s reading community through its doors."

The announcement comes after the firm shut its branches at Hull University and Essex University last month.

A store at the Centre MK Shopping Centre, Milton Keynes, has also been closed over “excessive” rent demands from its landlord.

The retail chain is also in the midst of a consultation that will see an unspecified number of head office staff made redundant.

A number of other stores including branches in Covent Garden and Leadenhall have been temporarily shut due to reduced footfall following the coronavirus outbreak.