Cumbria

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.

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