Dentons has advised Sports Direct on its acquisition of 161-167 Oxford Street and 36 Poland Street in central London.

Sports Direct intends to redevelop the property, following which it will use the retail part of the property as a new FLANNELS.com flagship store, and the office space above as the Group’s new London office, replacing its former offices at New Cavendish Street. The consideration payable for the property is £108 million.

Real Estate partner Andrew Henderson, long-time legal adviser to Sports Direct, is leading on the deal.