Who will finance new shops?

Northwich Guardian: Who will finance new shops? Who will finance new shops?

I WRITE with regard to the proposed shopping development at Barons Quay.

I understand that CWAC has agreed to take on the development of the large superstore site, yet another supermarket in the area. In conjunction with this new supermarket, the overall development proposed at Barons Quay included a large number of smaller shops. I wonder who is going to finance the building of these smaller shop units?

Wouldn’t it be better to concentrate on trying to keep some of the existing shops open along High Street and Witton Street, where some of the character of the old salt town is still evident?

If odd shops along these streets are boarded up, or badly in need of repair, has the council considered spending part of its funds on buying up such properties, restoring them and then renting them out to shopkeepers at reasonably fair rents?

Who is going to spend a lot of money to finance the building of new smaller shops at Barons Quay when these might not be tenanted or may end up boarded up?

J N Rutter Sandiway

Comments (11)

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10:28am Tue 28 Jan 14

Terry Taylor says...

Totally in agreement. Unfortunately, it is the extortionate business rates, not the rent that is the problem.
Totally in agreement. Unfortunately, it is the extortionate business rates, not the rent that is the problem. Terry Taylor

10:45am Tue 28 Jan 14

Terry Taylor says...

I totally agree. Unfortunately, it is the extortionate business rates , not the rents, that are the problem.
I totally agree. Unfortunately, it is the extortionate business rates , not the rents, that are the problem. Terry Taylor

12:20pm Tue 28 Jan 14

nicksey says...

Here are the figures for an an actual shop currently available in Northwich town centre.

This is fairly small at 1000 sq feet. Rates Payable £14000 per annum Service Charge £4600 per annum Rent upon application but its rarely less than the rates payable so say another £14000 per annum. That's £32600 per annum before the shopkeeper has switched any lights on, turned on the heating and paid any staff.

That's a big gamble for any potential new shopkeeper to take when thinking about opening in Northwich AND they have to sign a 10 year agreement! No wonder Northwich is half empty.
Here are the figures for an an actual shop currently available in Northwich town centre. This is fairly small at 1000 sq feet. Rates Payable £14000 per annum Service Charge £4600 per annum Rent upon application but its rarely less than the rates payable so say another £14000 per annum. That's £32600 per annum before the shopkeeper has switched any lights on, turned on the heating and paid any staff. That's a big gamble for any potential new shopkeeper to take when thinking about opening in Northwich AND they have to sign a 10 year agreement! No wonder Northwich is half empty. nicksey

3:07pm Tue 28 Jan 14

L Byrne says...

Mr Rutter is totally correct. CWAC Council has taken on the role of developers for Baron's Quay because no reputable commercial property development company would touch it with a barge pole or risk their money on it.

The reasons should be obvious. First, the fact that the town has already got more than enough food retailers including the three big winners on the retail scene at the moment: Waitrose, Lidl and Aldi, all within a couple of hundred yards of the proposed Asda store.

Second, the property development amateurs in CWAC HQ mistakenly believe that an Asda will act as a flagship and entice other retailers to
take up leases nearby. This is cobblers, of course. No store, other than perhaps bookies or moneyshops would be interested. In reality, an Asda on Baron's Quay is more likely to be the final nail in the coffin for competing shops such as butchers, newsagents, green grocers, phone shops on Witton Street and Weaver Square. They will be hammered out of existence by the giant placed in their midst by their very own borough council.

Then there is internet shopping which is just in its infancy. Another reason why the smart guys in commercial property development are keeping away from 1980s style big town centre stores particularly ones which already have a lot of competition. But the news about this has apparently not reached the retail experts on the Council.

Nobody is saying that Baron's Quay is not vital for the future of Northwich The frustration is that what is planned, by councillors and council officials most of whom live miles away, is likely to be a dismal and damaging shambles. Surely it is not too late to think again?
Mr Rutter is totally correct. CWAC Council has taken on the role of developers for Baron's Quay because no reputable commercial property development company would touch it with a barge pole or risk their money on it. The reasons should be obvious. First, the fact that the town has already got more than enough food retailers including the three big winners on the retail scene at the moment: Waitrose, Lidl and Aldi, all within a couple of hundred yards of the proposed Asda store. Second, the property development amateurs in CWAC HQ mistakenly believe that an Asda will act as a flagship and entice other retailers to take up leases nearby. This is cobblers, of course. No store, other than perhaps bookies or moneyshops would be interested. In reality, an Asda on Baron's Quay is more likely to be the final nail in the coffin for competing shops such as butchers, newsagents, green grocers, phone shops on Witton Street and Weaver Square. They will be hammered out of existence by the giant placed in their midst by their very own borough council. Then there is internet shopping which is just in its infancy. Another reason why the smart guys in commercial property development are keeping away from 1980s style big town centre stores particularly ones which already have a lot of competition. But the news about this has apparently not reached the retail experts on the Council. Nobody is saying that Baron's Quay is not vital for the future of Northwich The frustration is that what is planned, by councillors and council officials most of whom live miles away, is likely to be a dismal and damaging shambles. Surely it is not too late to think again? L Byrne

3:18pm Tue 28 Jan 14

nicksey says...

L Byrne

I completely agree with you on this one.

An Asda is exactly what small retailers do not want. They stock everything from teacakes to teapots and toilet rolls to televisions. Why would any retailer set up business right alongside them.

Either CWAC are completely misguided or they really do want to destroy Northwich. What they are doing is putting small retailers out of business and turning Northwich into a supermarket corporate town where the only jobs will be in the supermarkets and the only place to spend the wages earned, will be back in the supermarket.

Great plan for the future, the likes of Asda will be laughing all the way to the bank at the expense of Northwich and its residents

But as we know, once CWAC has made a decision they stick their heads in the sand and ignore everyone who tries to point our their massive mistakes,
L Byrne I completely agree with you on this one. An Asda is exactly what small retailers do not want. They stock everything from teacakes to teapots and toilet rolls to televisions. Why would any retailer set up business right alongside them. Either CWAC are completely misguided or they really do want to destroy Northwich. What they are doing is putting small retailers out of business and turning Northwich into a supermarket corporate town where the only jobs will be in the supermarkets and the only place to spend the wages earned, will be back in the supermarket. Great plan for the future, the likes of Asda will be laughing all the way to the bank at the expense of Northwich and its residents But as we know, once CWAC has made a decision they stick their heads in the sand and ignore everyone who tries to point our their massive mistakes, nicksey

3:48pm Tue 28 Jan 14

John_Harrison says...

I was lucky enough to drop into Nantwich the weekend before last and it's remarkable - it's a nice, well kept town which used to be comparable to Northwich. It goes to show that when the right decisions are made by the local authorities then there's nothing to stop small towns from thriving.

Although that is dependant on the right decisions being made... When it's done right then towns like Northwich can be made good again. You just need the right people pulling the strings - which unfortunately it appears we don't currently have!
I was lucky enough to drop into Nantwich the weekend before last and it's remarkable - it's a nice, well kept town which used to be comparable to Northwich. It goes to show that when the right decisions are made by the local authorities then there's nothing to stop small towns from thriving. Although that is dependant on the right decisions being made... When it's done right then towns like Northwich can be made good again. You just need the right people pulling the strings - which unfortunately it appears we don't currently have! John_Harrison

8:01pm Tue 28 Jan 14

Daniel18 says...

Off we go again with all the negative comments about any form of development in Northwich!
I for one am really looking forward to the new development, it's nice to see that money is actually being spent on the town. The one-way system seems to be working really well now (even during the roadworks), and thing are really moving on with Memorial Court - all we need now are the new shops, cinema and restaurants!
Off we go again with all the negative comments about any form of development in Northwich! I for one am really looking forward to the new development, it's nice to see that money is actually being spent on the town. The one-way system seems to be working really well now (even during the roadworks), and thing are really moving on with Memorial Court - all we need now are the new shops, cinema and restaurants! Daniel18

9:36am Wed 29 Jan 14

MrT1976 says...

Daniel18 wrote:
Off we go again with all the negative comments about any form of development in Northwich!
I for one am really looking forward to the new development, it's nice to see that money is actually being spent on the town. The one-way system seems to be working really well now (even during the roadworks), and thing are really moving on with Memorial Court - all we need now are the new shops, cinema and restaurants!
Totally agree Daniel18. Any excuse for the doom merchants to be negative about the redevelopment and they're there like vultures circling above a rotting carcass. In fact any story about anything at all and.....wait for it........WAIT FOR IT.......BOOOOOM....
..... the vultures of doom appear with the dark clouds of negativity surrounding them.
[quote][p][bold]Daniel18[/bold] wrote: Off we go again with all the negative comments about any form of development in Northwich! I for one am really looking forward to the new development, it's nice to see that money is actually being spent on the town. The one-way system seems to be working really well now (even during the roadworks), and thing are really moving on with Memorial Court - all we need now are the new shops, cinema and restaurants![/p][/quote]Totally agree Daniel18. Any excuse for the doom merchants to be negative about the redevelopment and they're there like vultures circling above a rotting carcass. In fact any story about anything at all and.....wait for it........WAIT FOR IT.......BOOOOOM.... ..... the vultures of doom appear with the dark clouds of negativity surrounding them. MrT1976

12:08pm Wed 5 Feb 14

Sue Statham says...

Unfortunately for Northwich, the "negativity" referred to by MrT1976 and Daniel 18 will become a "reality" for our town. It has been shown in many other towns that building a large supermarket in the town centre does take business away from small enterprises. The fact that Northwich will have Waitrose, Asda, Lidl, ,Aldi and Sainsburys encircling the already on its knees town centre will give no encouragement for smaller shop keepers to move into the area.
I suggest that most people, if they can visit a large supermarket which sells a vast range of products, will do their shopping under one roof.
I hope this will not be the case.
I agree with comments from a previous contributor that Nantwich is a vibrant, welcoming town. They were extremely lucky that the people "pulling the strings" were not supermarket obsessed.
I wish you well, my little town.......against all the odds!
Unfortunately for Northwich, the "negativity" referred to by MrT1976 and Daniel 18 will become a "reality" for our town. It has been shown in many other towns that building a large supermarket in the town centre does take business away from small enterprises. The fact that Northwich will have Waitrose, Asda, Lidl, ,Aldi and Sainsburys encircling the already on its knees town centre will give no encouragement for smaller shop keepers to move into the area. I suggest that most people, if they can visit a large supermarket which sells a vast range of products, will do their shopping under one roof. I hope this will not be the case. I agree with comments from a previous contributor that Nantwich is a vibrant, welcoming town. They were extremely lucky that the people "pulling the strings" were not supermarket obsessed. I wish you well, my little town.......against all the odds! Sue Statham

12:09am Thu 6 Feb 14

todayisagreatday says...

While I am looking forward to the cinema, memorial hall, it's the supermarkets I have a problem with. I work in Runcorn next to Halton Lea where there is a huge Asda, and a 'shopping city' which I can compare to Weaver Square which has mainly, Boots, Superdrug, New Look, DP's, a Tesco, Wilkinson, B&M, Home Bargains, Peacocks, a couple of hairdressers, and Iceland/Farm Foods and 2-3 gold sellers/get-expensiv
e-furniture-and-elec
trical-items-on-cred
it-shops. It's dead most of the time. There is a cinema and pizza hut, but it's just not attractive. No nice bars, restaurants and with an Asda, no-one bothers with any of the other shops. The only plus Halton Lea has is the cheap fuel at the Asda (perhaps that will be one good thing about an Asda in Northwich).

I don't want to be negative, I really do wish good things for Northwich. I go to Nantwich, Chester and Stockton Heath and can only hope there is a change of plan for another supermarket.

We want nice clothes shops, entertainment, something that will attract a younger crowd and will bring money into Northwich.
While I am looking forward to the cinema, memorial hall, it's the supermarkets I have a problem with. I work in Runcorn next to Halton Lea where there is a huge Asda, and a 'shopping city' which I can compare to Weaver Square which has mainly, Boots, Superdrug, New Look, DP's, a Tesco, Wilkinson, B&M, Home Bargains, Peacocks, a couple of hairdressers, and Iceland/Farm Foods and 2-3 gold sellers/get-expensiv e-furniture-and-elec trical-items-on-cred it-shops. It's dead most of the time. There is a cinema and pizza hut, but it's just not attractive. No nice bars, restaurants and with an Asda, no-one bothers with any of the other shops. The only plus Halton Lea has is the cheap fuel at the Asda (perhaps that will be one good thing about an Asda in Northwich). I don't want to be negative, I really do wish good things for Northwich. I go to Nantwich, Chester and Stockton Heath and can only hope there is a change of plan for another supermarket. We want nice clothes shops, entertainment, something that will attract a younger crowd and will bring money into Northwich. todayisagreatday

11:45am Sat 15 Feb 14

DAVE0406 says...

They've started to raise money through parking penalties!
They've started to raise money through parking penalties! DAVE0406

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