Such a shame 😢
Another major store has shut in Nottingham city centre following a string of closures in the city. Three mobile store has shut up shop on Albert Street in another blow to the area.
East Midlands Chamber chief executive Scott Knowles said: “The direct impact of the pandemic on bricks-and-mortar retail is visible in many cities across the country, and in Nottingham the industry’s struggles have been exacerbated by interrupted development of the former Broadmarsh Centre. “Swift progress in this regeneration project will be crucial in giving investors the confidence to back Nottingham and for businesses to move into vacant units, but recent high street trends also highlight why we must be imaginative in how we envision our future city centres – moving away from a reliance on retail and creating a place to live, work and spend our leisure time.”
He is determined to put an end to high rents and long leases that landlords have previously demanded in the city, by making the units more affordable, with shorter lease periods. ALB have purchased 11 units on Bridlesmith Gate and Lister Gate in an effort to restore quality shopping in Nottingham.
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