What a sorry state the Guildhall is with it being virtually empty.
You wonder what can be done. If someone like Debenhams had come in and redeveloped the bottom end of the centre then it would encourage other retailers to go in.
I suspect that the Mall style shopping centres are falling out of favour. I went to Shrewsbury last Saturday and the two shopping centres were much quieter than the High Street and had a number of empty units. I'd imagine the sky high rents and business rates have taken their toll compounding the effect of internet shopping and lower footfall.
The very nature of how the Guildhall was shoe horned into it's area stifles redevelopment as it hasn't much frontage and considering retail trends I suspect the centre's owners wouldn't spend the millions needed to make the substantive changes.
With so much empty space I would have thought the owners would bite the bullet and slash the rents to attract retailers into the centre.
You wonder what can be done. If someone like Debenhams had come in and redeveloped the bottom end of the centre then it would encourage other retailers to go in.
I suspect that the Mall style shopping centres are falling out of favour. I went to Shrewsbury last Saturday and the two shopping centres were much quieter than the High Street and had a number of empty units. I'd imagine the sky high rents and business rates have taken their toll compounding the effect of internet shopping and lower footfall.
The very nature of how the Guildhall was shoe horned into it's area stifles redevelopment as it hasn't much frontage and considering retail trends I suspect the centre's owners wouldn't spend the millions needed to make the substantive changes.
With so much empty space I would have thought the owners would bite the bullet and slash the rents to attract retailers into the centre.