The end of 2012 and early 2013 has been another tough period for the high street, brought to a head by the recent news of HMV, Blockbuster, Dreams and Jessops who’ve dominated the headlines for all the wrong reasons. Sadly, this picture isn’t likely to change in the near future.
David says ‘with these major retailers failing in the high street it highlights the plight being experienced by retailers operating in secondary/tertiary locations where independent traders are more likely to be located and where a fall in turnover can be more difficult to absorb ’.
‘As a Property Manager acting on behalf of both National and Local Investor landlords it is imperative that a close relationship is maintained with tenants so that any early signs of lease default can be actioned as necessary in order to mitigate potential losses for landlords. At Goadsby, we pride ourselves in performing this role due to our experienced team of 9 dedicated Commercial Property Managers and back up Accounts Team’.
