Harvey Nichols is understood to have entered into negotiations to take an anchor store in the redeveloped Broadmarsh centre in Nottingham.

Sources said that the upmarket Knightsbridge department store is in talks with Broadmarsh owner Westfield, which has been granted planning permission to redevelop the scheme, in Nottingham city centre. The redeveloped centre would sit over 1.4 million sq ft (130,000 sq m).

Debenhams has already committed to an anchor store in the £700 million scheme, replacing its present Nottingham store.

Nottingham ranked sixth in last week’s Experian Top Towns tables, published in Retail Week. The city was boosted by the news earlier this month that Waitrose will open its first smaller-format stores there, on Trinity Square in the city centre.

Harvey Nichols has been cautiously expanding beyond its London base, with regional stores in cities such as Leeds, Birmingham, Dublin and Edinburgh. Last month, it opened a store at the Cabot Circus centre in Bristol.

Department store retailers John Lewis and House of Fraser are both already present in the city, in the Victoria Centre on the other side of the city centre.

Nottingham’s East Midlands rivals Derby and Leicester have both had new shopping centres open in the past year, but Nottingham is considered a more upmarket location. However, it has previously lacked the space to lure quality retailers to the city.

Neither Harvey Nichols nor Westfield were available for comment.