Danish furniture retailer Jysk plans to open 500 stores in the UK over the next 20 years.

The company’s letting requirements will equate to more than 5m sq ft. The £1.5bn discount furniture chain already has 1,350 stores in 31 countries and kicks off its aggressive UK expansion plans this week.

Jysk began its search in the UK last year and appointed DTZ to advise. It has this month opened its first two stores of 10,200 sq ft and 10,100 sq ft respectively in Lincoln and Mansfield.

It is also set to open a store in York’s Clifton Mall in June and is considering Blackburn as its fourth location.

Entry to the UK will cost the company more than £50m.