Quote:
Originally Posted by Gayle
Finally, one minor issue is that the Arndale is not owned by the Council, it's owned by a business that is in the business of making money. The Council have very little influence in what happens in there, so they can't affect the rents that the Arndale are charging.
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All businesses have to 'make money', otherwise they soon close down.
As stated, besides the Arndale, there are twenty other empty retail units in the town centre, and that's discounting the shops which are being used by charities, and as a percentage of total retail space in the town, that is much more than the national average.
Sadly this situation predates the current recession, as the rot had started long before the credit crunch.