A new independent furniture retail business will launch later this month with the first store to be located in a former Dreams showroom.

Onit — owned and run by Mark Prior — has taken a 10-year lease on an 8,600sqft unit on the Cherry Tree Retail Park in Blackpool.

Mr Prior is planning a 15-store retail chain with the site in the North West the first scheduled opening. Its offer is expected to span furniture — including upholstery and beds — as well as floorcoverings.

He has held a number of directorships in the home furnishings sector in the past with several in the floorcoverings sector, including the circa £8m–£10m Carpetworld business acquired by Carpetright back in 2008.

Onit Furniture Ltd is one of four companies set up in recent months, the others being Onit Furniture 2 Ltd, Onit Furniture 3 Ltd and Onit Furniture 4 Ltd.