Kendal's K Village in administration after two years

K Village
Image caption The multi-million pound centre opened in 2010

A buyer is being sought for a multimillion-pound shopping centre in the Lake District just two and a half years after it opened.

K Village, an outlet centre in Kendal, opened in 2010, but failed to fill many of its business units.

Owner Kendal Riverside Limited confirmed it called in the administrators, KPMG, on 28 December.

A statement from the firm said it was "firmly business as usual" at the centre until a buyer was found.

When it opened in July 2010, its owner said it hoped it would create 300 full-time and part-time jobs and attract more than 1.5m visitors and up to 4,000 coaches annually.

More on this story

Related Internet links

The BBC is not responsible for the content of external Internet sites