Sheffield Debenhams: Vendor says former department store on The Moor on track to reopen as a shop

A spokesman for owner MHA said the potential buyer of the department store on The Moor plans to run a retail operation with a wine bar and cafe.

It could be under offer within three weeks and the sale complete in six, he added.

He added: “We are processing an offer and carrying out due diligence on a potential purchaser ahead of legal formalities.

“Their plan is to run a retail operation almost like Sports Direct or similar.”

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Debenhams closed on May 15 last year. It was among 118 shut down by administrators with the loss of 12,000 jobs.

MHA snapped up the five-storey building for a bargain £1.5m in April last year.

A year later it announced it was selling up after failing to find a tenant.

The building was withdrawn from a £5m auction last month.

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