The Rock shopping centre in Bury, Greater Manchester, has been put up for sale by Lloyds Banking Group.
The 570,000 sq ft centre is part of the Project Forth distressed loans portfolio the bank is looking to dispose of, valued around £1bn.
The Rock has £300m secured against it, via a loan from HBOS.
The scheme was originally developed by Thornfield Ventures, but stalled when it collapsed into administration in 2009.
Deloitte then appointed Hammerson to finish and asset manage the Debenhams-anchored development.
simon.binns@estatesgazette.com
