Chorley’s economy is to get a welcome boost when a new national retailer moves into town later this year.
The company - understood to be building trade retailer Screwfix - will occupy the former Comet store on the Highfield Industrial Estate, North Street.
Work is currently being carried out there in readiness for the new store which will create new jobs and more shopping choice.
The company, which now owns the site, revealed that the new occupier was “a national retailer” would at this stage would not release the name of the firm.
Director Ivor Farnworth, of Workspace Properties, Froom Street, Chorley, which owns and manage business properties in and around the Chorley area, said: “We own the site, we purchased the site at the beginning of the year.
“Primrose Holdings are carrying out the work because it is one of our sister companies.
Workspace owns properties then leases them out.”
He added; “We purchased the site from a company in Preston while Comet were still in occupation.
“We are waiting form a call from an agent who has secured a national retailer who are looking to open in the next couple of months.
“We are doing some work there because a national chain is coming onto part of the site.”
Chorley MP Lindsay Hoyle welcomed the news.
He said: “It will create jobs which is good for the town and its economy.
“Chorley is a great place to locate especially with its excellent transport network.”
The Comet store closed on February 25.
Last year, the store faced an uncertain future after it featured on a list of 22 potential sites being offered for sale to buyers.
Malcolm Allen, chairman of the Chorley Traders’ Alliance, said: “It’s good news. It’s an empty unit and it’s situated on one of the main roads into town.”
Mr Allen, who owns Malcolm’s Musicland, Chapel Street, Chorley, said: “Whatever it is it has got to be good news.
“It’s going to create jobs and is a boost for an empty unit on a retail park.”
A spokesperson for Screwfix said: “We can confirm that Screwfix is currently looking to open a new store in Chorley.
The final timings are still to be confirmed, but it is anticipated that the branch will open in towards the end of the year.”
Screwfix is owned by Kingfisher which also owns B&Q which has a store directly next door to the planned new store.