Kilner Way Retail Park thread

[mda03cn]

https://ssl1.peoplexs.com/Peoplexs22/CandidatesPortalNoLogin/Vacancies.cfm?CustomerCode=NET1&PortalID=14276

 

Looks like Netto is opening.

 

Thought Netto had gone bust and the stores were now Iceland and ASDA. Shows how much I know lol

[Blackbeard]

Thought Netto had gone bust and the stores were now Iceland and ASDA. Shows how much I know lol

 

From the Netto press release

"Danish international discount grocery retailer Netto is returning to Britain in an attractive new trial format, bringing a fresh Scandinavian flavour to the UK discount sector. The new-look Netto will take the form of a joint venture combining Dansk Supermarked’s excellence in systems, infrastructure and low-cost operations with Sainsbury’s UK grocery, product sourcing and property expertise, in a compelling customer proposition.

The trial will consist of 15 Netto stores to be opened by the end of 2015, with the first opening their doors in the North of England later this year. If the trial proves successful, the next stage of the joint venture will see the new format rolled out across the country.

Each partner’s initial investment in the joint venture will be £12.5 million, and given start-up costs, each partner expects to incur a post-tax loss in the region of £5-10 million up to 31 March 2015."

[Mad Hatter]

Sadly the charity shops are one of the only business models making enough money to pay the rents demanded.

 

Charity shops don't pay rents! They keep the place well-maintained, insured, heated, looking good etc, but the landlord won't be making money out of them.

 

If a tenant came along willing to pay real money, the short-term charity shop lease would be terminated in a flash.

[ormester101]

http://www.thestar.co.uk/news/new-store-to-create-25-jobs-in-november-opening-1-6826359

[Vaati]

So Netto in the area, Sainsbury's building down the road. The Lidl and Asda all in good throwing distance as well. Wouldn't be surprised if a Tesco pops up next.

[biotechpete]

So Netto in the area, Sainsbury's building down the road. The Lidl and Asda all in good throwing distance as well. Wouldn't be surprised if a Tesco pops up next.

 

I'm sure I read on here someone claiming that Tesco own the land on Penistone Rd near Charlie Brown's opposite the stadium. So I wouldn't be surprised either.

[The Joker]

Charity shops don't pay rents! They keep the place well-maintained, insured, heated, looking good etc, but the landlord won't be making money out of them.

 

Really? I thought it was council rates that charity shops didn't pay, along with reduced rents to the landlord.

[mafya]

Charity shops don't pay rents! They keep the place well-maintained, insured, heated, looking good etc, but the landlord won't be making money out of them.

 

If a tenant came along willing to pay real money, the short-term charity shop lease would be terminated in a flash.

 

You may be getting confused with business rates which are not payable by charities.

[ormester101]

I'm sure I read on here someone claiming that Tesco own the land on Penistone Rd near Charlie Brown's opposite the stadium. So I wouldn't be surprised either.

 

yeah thats right also netto is conjuction with sainsburys

[mda03cn]

Wonder if the little shops at Wadsley Bridge will survive?