Blackburn billionaire Zuber Issa’s EG on the Move company is looking to develop a new shopping complex on grassland off the town’s Haslingden Road.
The firm has identified the 1.3 acre site near the M65 for the scheme.
The new retail building is close to the Royal Blackburn Hospital with its staff targeted as key potential customers.
EG on The Move has applied to Blackburn with Darwen Council for planning permission for a “commercial development of a new 11,000 square foot retail building incorporating a 4,500 sqft food retail convenience store and five smaller speculative retail units including the formation of a new access from Haslingden road, customer parking, and delivery area.”
A supporting statement says: “The proposal submitted for a small-scale retail development supported by the surrounding residential areas and proximity to the hospital and wider industrial areas.
“The intention is to create a small, primarily food, retail convenience store as an anchor to the site bringing footfall from the residential areas and hospital to support the other smaller retail units.
“The small retail units would be ideal for smaller start-up businesses from the local area.”
Earlier this month, EG On The Move has announced the acquisition of MPK Garages Ltd, a leading independent petrol forecourt operator ranked among the UK’s Top 50 Indies.