And get Jim Davidson to do the official opening.Maybe
Maybe they'll use an elephant
And build a castle
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And get Jim Davidson to do the official opening.Maybe
Maybe they'll use an elephant
And build a castle
And get Jim Davidson to do the official opening.
Maybe
Maybe they'll use an elephant
And build a castle
Dangerous strategy, could come back and bite them on the arse.Peacocks are playing a game of "chicken" with the landlord. They have put the rent up and Peacocks are refusing to pay - the "Closing Down Sale" is pending landlord negotiations. If the rent is reduced, they will stay - if not, they will go. Simply business decision really.
If it's not viable to stay they will go. They care nothing for the staff or the town, and why should they? It's the public that makes shops viable and if they don't spend enough to pay the bills they will close. You also can't expect a landlord to give the place away for nothing, even though the chances are its a pension portfolio who owns it and has it for the property value not the rental income - they still have bills to cover.Dangerous strategy, could come back and bite them on the arse.
Dangerous strategy, could come back and bite them on the arse.
Are they going to demolish it all again? From Iceland to New Look?
Are they going to demolish it all again? From Iceland to New Look?
I'd say demolition is very much hearsay, there's been no actual evidence this will happen, and given sports direct is likely to have a long lease, Oxfam has just been refurbished , that support place has literally been there months, and too undertaken money to change the place, and the salvation army has renewed it's lease, I'd say demolition isn't on the cards at all . The only affected units would be Iceland, home bargains, the ex gym and Argos, and even then, I can't see the landlords giving permission to level the lot , I'm pretty sure they're not all a owned by the same landlord anyway.
I'd say demolition is very much hearsay, there's been no actual evidence this will happen, and given sports direct is likely to have a long lease, Oxfam has just been refurbished , that support place has literally been there months, and too undertaken money to change the place, and the salvation army has renewed it's lease, I'd say demolition isn't on the cards at all . The only affected units would be Iceland, home bargains, the ex gym and Argos, and even then, I can't see the landlords giving permission to level the lot , I'm pretty sure they're not all a owned by the same landlord anyway.
It was never the same after Tandy closed down. Best shop ever, Tandy.Will they convert the affected units into appartments? I have always thought that whole building has been a waste ever since it was built, with whole units upstairs never occupied.
I'd say demolition is very much hearsay, there's been no actual evidence this will happen, and given sports direct is likely to have a long lease, Oxfam has just been refurbished , that support place has literally been there months, and too undertaken money to change the place, and the salvation army has renewed it's lease, I'd say demolition isn't on the cards at all . The only affected units would be Iceland, home bargains, the ex gym and Argos, and even then, I can't see the landlords giving permission to level the lot , I'm pretty sure they're not all a owned by the same landlord anyway.
I was thinking more short term, if they withhold the rent they could end up with the landlord's enforcement agents visiting thus incurring potentially substantial costs and possibly having the shop emptied.If it's not viable to stay they will go. They care nothing for the staff or the town, and why should they? It's the public that makes shops viable and if they don't spend enough to pay the bills they will close. You also can't expect a landlord to give the place away for nothing, even though the chances are its a pension portfolio who owns it and has it for the property value not the rental income - they still have bills to cover.
There is also the small matter of the Business Rates which must close to £1k a week. Add that to the rent, the wages and the electric and you have to sell a hell of a lot of cheap clothes to cover your costs, they may well be better off out of the town. Peacocks diehard fans will only need to travel to Rugeley, Uttoxeter or Cannock
Rumour that Edinburgh Woollen Mill could be about to go as renegotiating rent
The customers of Edinburgh Woollen Mill are up in arms over a possible closure. I have not seen them that outraged since Werthers reduced the number of sweets per bag.
I would say so...Rumour that Edinburgh Woollen Mill could be about to go as renegotiating rent
Rumour that Edinburgh Woollen Mill could be about to go as renegotiating rent