Another one gone - Shops closing in Stafford

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Gareth

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That could be 3 hits on the high street in quick succession and the lack of local councils forward thinking in cultural requirements locally or lack of, SBC have decided against extending the high house museum and in house art studio in the vacant shop it is not good.

a possible other closure close by as the landlord is trying to increase the rent by 20% expect more of that as the new developments in town near completion.
 
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markpa12003

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Gareth, the landlord at the top end of town is increasing rents? I don't disbelieve you, however it would seem to be a stupid thing to do given the Riverside development. Surely landlords at the north of the town should be doing all they can to make sure they current operators stay where they are and don't get attracted to the new development.

As I understand it, M&S and River Island are both relocating to the new Riverside Development and I suspect others may follow (i.e. EE). That doesn't leave much reason to venture north of Market Square. I sincerely hope a new flagship store i.e. Debenhams does come to Stafford and relocates to the Guidhall or one of the vacant units at the northern end of the high street.
 
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PPPPPP

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Fashion Factory never really had a chance. Too much space, too expensive, and trying to pretend it was still the Co-op didn't fool anyone.
 
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Confused

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markpa12003 said:
Gareth, the landlord at the top end of town is increasing rents? I don't disbelieve you, however it would seem to be a stupid thing to do given the Riverside development. Surely landlords at the north of the town should be doing all they can to make sure they current operators stay where they are and don't get attracted to the new development.

As I understand it, M&S and River Island are both relocating to the new Riverside Development and I suspect others may follow (i.e. EE). That doesn't leave much reason to venture north of Market Square. I sincerely hope a new flagship store i.e. Debenhams does come to Stafford and relocates to the Guidhall or one of the vacant units at the northern end of the high street.
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Commercial landlords in all areas need to get real. But as the properties are valued on multiples of rental values that may take some time to achieve. Plus as most properties are owned by pension funds a drop in values of properties is going to hit pension returns. However, it does look to me like the last five years of recession have meant nothing to landlords. Surely a lower or static amount of rent (a rent increase freeze) is better than no rent at all?

Plus a fresh look at the rating system is well overdue and is placed on the 'too difficult' pile by politicians.
 
John Marwood

John Marwood

I ♥ cryptic crosswords
Confused said:
Commercial landlords in all areas need to get real. But as the properties are valued on multiples of rental values that may take some time to achieve. Plus as most properties are owned by pension funds a drop in values of properties is going to hit pension returns. However, it does look to me like the last five years of recession have meant nothing to landlords. Surely a lower or static amount of rent (a rent increase freeze) is better than no rent at all?

Plus a fresh look at the rating system is well overdue and is placed on the 'too difficult' pile by politicians.
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:lolsmash:
 
Trumpet

Trumpet

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Commercial property market generally seems to be on the up at the moment, many landlords are dropping the "a bad tenant is better than no tenant" stance and kicking out said bad tenants. Confidence in re-letting is high.
 
shoes

shoes

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airbusA346 said:
Found out today G T Auto Electrical closed on the 30th June. :(

Went to buy some bulbs for my car and found they are gone. And all the place that sell bulbs that I can think of are 2 or 3 times more expensive.
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A-Z parts on the island.
 
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Gareth

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Becketts jewellers opposite royal bank of scotland has a to let sign.

Mark, the increase in rent premises is located to the south side of town, but I cannot share anymore as tenant is hoping to sort out.

Anyone know if you need planning on to let signs some are huge and in my view should be used in town centres as they are an eye sore.

can see the old co op being dormant for years.
 
John Marwood

John Marwood

I ♥ cryptic crosswords
Gareth said:
Becketts jewellers opposite royal bank of scotland has a to let sign.

Mark, the increase in rent premises is located to the south side of town, but I cannot share anymore as tenant is hoping to sort out.

Anyone know if you need planning on to let signs some are huge and in my view should be used in town centres as they are an eye sore.

can see the old co op being dormant for years.
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The old Co-op will become the Mecca of all jumble sales for the North West

( source - Obruni Wewu Weekly )
 
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markpa12003

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Gareth you don't need planning permission to erect to let boards. You only need planning permission for permanent advertisements or signage.
 
littleme

littleme

250,000th poster!
Just to lift all of your spirits, a little birdy tells me that yet another charity shop (Donna Louise Trust (part of Katherine House Hospice)) will open in town in September....
 
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Gareth

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Cheers Mark, is there size limit or time frame, that premises next to toni and guy gas been there for ten years.

I think the katherine house hospice shop us the one going up at walmseys old place opposites peacocks. This us not news been mentioned aplenty on here lol.
 
proactive

proactive

Enjoying a drop of red.
littleme said:
Just to lift all of your spirits, a little birdy tells me that yet another charity shop (Donna Louise Trust (part of Katherine House Hospice)) will open in town in September....
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I was unaware that KHH and Donna Louise Trust were part of the same organisation. Are you sure?
 
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