Recent empty shops, Abbeydale Raod

I wonder what the Natwest bank will be ?

The area has seen quite a lot of places being brought back to life by independent businesses, however the financial struggle is a real issue - friends tried to run a coffee shop but couldn't afford to pay the ridiculous rent. Guess not everyone can keep up with the competition but overall Abbeydale Road seems to have great potential

The area has seen quite a lot of places being brought back to life by independent businesses, however the financial struggle is a real issue - friends tried to run a coffee shop but couldn't afford to pay the ridiculous rent. Guess not everyone can keep up with the competition but overall Abbeydale Road seems to have great potential

its wasn't the ridiculous rent it was an unsustainable business plan which didnt have enough customers or wasn't priced right.

its wasn't the ridiculous rent it was an unsustainable business plan which didnt have enough customers or wasn't priced right.

It's hard to make a sustainable business plan when sustainability can be financial, social and/or environmental. Therefore wouldn't rush on saying it was not sustainable. And rent can be high when compared to other costs of running a business.

However the point is area feels a lot nicer and safer than a few years ago, hopefully it will develop more. Especially when it comes to (re)using the existing buildings as some of them are really beautiful.

It's hard to make a sustainable business plan when sustainability can be financial, social and/or environmental. Therefore wouldn't rush on saying it was not sustainable. And rent can be high when compared to other costs of running a business.

However the point is area feels a lot nicer and safer than a few years ago, hopefully it will develop more. Especially when it comes to (re)using the existing buildings as some of them are really beautiful.

what are you talking about, its clear economics and unsustainable. you know the rent when you move in and know what profit and turnover will pay that rent? if you dont get the number of customers to make that turnover and profit you go out of business? homework not done just dreams:roll:

It is becoming gentrified with the lower end places like charity shops being cleared out and higher end businesses catering to the new local demographic moving in. Bragazzis is expanding next door which is a huge positive. Pickles hasn’t closed down - quite the opposite. It is renovating. Other old empty stores are being taken over by the likes of Nether Edge Pizza Co, the high end afternoon tea place and new restaurants like the veggie place, the Italian coffee store and the new Greek cafe up near Tesco’s.

 

In effect, the exact opposite of what the OP is suggesting is taking place.

Except that it prices poorer people out of the market. Just like it's done with housing. And it's creeping up into the lower 'middle class'

Except that it prices poorer people out of the market. Just like it's done with housing. And it's creeping up into the lower 'middle class'

You can't stop history. This is how economies work. Abbeydale road was once a desirable area but that was before World War II. Post war the area became a bit poorer especially as one side of the road was earmarked for demolition for a road scheme.

For many years the low price of the property meant that the area attracted immigrants and for years the road had Asian shops and more recently a few polish shops.

Now the road is becoming more affluent and the cycle is starting again.

Many areas have gone up and down over the last century. The poorer people and the less wealthy shops will move to other areas.

---------- Post added 15-09-2018 at 12:42 ----------

what are you talking about, its clear economics and unsustainable. you know the rent when you move in and know what profit and turnover will pay that rent? if you dont get the number of customers to make that turnover and profit you go out of business? homework not done just dreams:roll:

Exactly right.

I've known people set up businesses and expect that customers will just turn up. They don't realise that a successful business needs research, planning, lots of long hours hard work and an energetic leader to be successful.

Having a dream to set up a "coffee shop" is just stupid. Successful ones that are not just national chains all have some interesting or unique theme.

Good place for a haircut though, every second business on Abbeydale is a barber shop . . .

I noticed that Ecclesall Road has the highest rate of closures.

Yes, people trying to rent and open new takeaway/business but average life of new shops is less than 6 months.

Good place for a haircut though, every second business on Abbeydale is a barber shop . . .

Everyone needs a hair cut so not a bad business to be in I think...

Everyone needs a hair cut so not a bad business to be in I think...

I don't , just a quick polish does me

Business rates are the problem, in Sheffield and nationally. Cripplingly high in a lot of cases.

It constantly baffles me why they're so high and cities prefer to have empty shops than lower their business rates.