The thing is that there is now a disconnect between what shop landlords want to charge as rental to businesses, and the reality of what businesses can afford. There’s a couple of empty properties on our surprisingly healthy high street. Mrs Binners enquired about what they wanted as rent. The answer she got sounded like some kind of joke. We couldn’t believe they were serious. Its was absolutely exorbitant!!! You’d have to clear 3 grand a month just to cover the rent. 😯 This isn’t a city centre. Its a row of shops in a small town
So its been sat empty for about 6 months now. And will continue to do so, I’d imagine. The landlords will not enter into any negotiations about price apparently. They’d rather it sat empty. Add to this business rates that were set at the eight of the boom, and which are now frankly ridiculous, you’ve no chance of making most businesses work!
Its absolutely bonkers!
But fleecing gullible people with tips on horses, and high stakes gambling machines is a very, very lucrative business indeed. As is selling unhealthy stuff to fatties with staff on minimum wage