Jump to content


£36k+ per year in rent for a market stall, RIP Sheffield market

Recommended Posts

If they are the prices then he woudve know that before he signed up. And the second year costs should be spread over the first years savings. Its not been open 6 months yet.

 

I think that his business plan hasnt worked out the way he wanted it to and hes blaming everyone else.

 

Should the £18m construction cost be added onto our council tax bills?

\

That is the problem the Council are expecting the stallholders to pay for their decision to move the Market area a decision that will prove just as daft as to build a running track down at Don Valley.

 

---------- Post added 03-04-2014 at 06:53 ----------

 

if the building itself cannot last the loan agreement period of sixty years, then I guess the 1.1million per year repayment for the remainder will be past on to us?

 

And the usual team will tell all and sundry that its not their fault.

Share this post


Link to post
Share on other sites

From the footfall I have seen in the New markets things need to pick up to cover 36k+ rents.

Share this post


Link to post
Share on other sites
\

That is the problem the Council are expecting the stallholders to pay for their decision to move the Market area

 

They had to build something before Castle Market was condemed.

 

No one was using the old market. Especially young professionals and students who are the bread & butter of City Centre retail as so called real Sheffielder's only use Meadowhall anyway.

 

I assume the rates have increased for a prime location, better facilities and transport links that will appeal to everyone not just people born in the 40'/50's

Share this post


Link to post
Share on other sites

By the time the moor is sorted out, we'll need a new market again ;)

Share this post


Link to post
Share on other sites
If they are the prices then he woudve know that before he signed up. And the second year costs should be spread over the first years savings. Its not been open 6 months yet.

 

I think that his business plan hasnt worked out the way he wanted it to and hes blaming everyone else.

 

 

He undoubtably would have known the future costs, but there was a free period. I'd go in an expensive bar for drinks if they said your first 2 drinks were free. I'd probably leave before the 3rd. I'd certainly leave before the 4th.

 

Why wouldn't a start up business set up in the market if offered a rent free stall. If the business works he can then move to a more reasonable priced pitch. If it doesn't then he's lost nothing. The folk who have their business plan wrong are the council. They forked out to build a white elephant market, got no return from stall holders who are now looking elsewhere after grabbing all the freebies.

 

 

Should the £18m construction cost be added onto our council tax bills?

 

That's for the council to decide. I wouldn't have wasted £18m building it in the first place. Fortunately as with The Student Games, Supertram and The Moor Market, it isn't my council tax they will be adding it to.:hihi:

 

---------- Post added 03-04-2014 at 10:03 ----------

 

They had to build something before Castle Market was condemed.

 

 

Should they be be building a new Don Valley Stadium in that case?

Edited by Anna Glypta

Share this post


Link to post
Share on other sites

The rent is clearly prohibitively expensive. You can see something's amiss by all the massive number of empty stalls.

 

Empty stalls are a very bad thing for a market: you'd think they'd be crying out for stallholders to set up there.

 

I don't know the rents, but I know it's the other charges that are massive.

Share this post


Link to post
Share on other sites

Don Valley Stadium was closed because only about 7 people used it. I wonder how many people who moaned about the stadium closing had been in the last 3 years.

 

So it'll be the same with the market, if people dont want to use it then they'll just give it to a supermarket chain like Tesco.

 

Then everyone who never uses it can have a good old moan again.

Share this post


Link to post
Share on other sites
Then everyone who never uses it can have a good old moan again.

 

I absolutely love the new market: organic fruit and veg, the chinese cake shop and a load of other really cool places to buy things... what's not to like?

Share this post


Link to post
Share on other sites

I think we should give the place more time to find its feet and settle down a bit.

Some on here are a bit quick to say I told you so.

 

There was always going to be a few casualties in the first 12 months as there would be with any new businesses...

 

Some of the stalls must be doing OK?

Has anyone from those businesses doing well actually posted on here?

It would be interesting to hear their side of the story.

 

I am sure once the council realises the problem needs addressing , they will look at reducing rents/rates to entice new stallholders to take the plunge.

 

My personal thought aside from all this is that it is a great building but the stalls themselves feel kind of temporary and cheap...

 

As if they moved the periodic outdoor market - indoors...

 

Might have been better if they had put a bit more effort / thought into the stalls themselves to give them as much design input as the building?

 

Plus I wish someone would turn the lights off when its closed - having them blazing at all hours cannot be helping with the running costs!

Share this post


Link to post
Share on other sites
Don Valley Stadium was closed because only about 7 people used it. I wonder how many people who moaned about the stadium closing had been in the last 3 years.

 

So it'll be the same with the market, if people dont want to use it then they'll just give it to a supermarket chain like Tesco.

 

Then everyone who never uses it can have a good old moan again.

 

The Don Valley Stadium closed because folk couldn't go to it. It required the effort of those running the place to put on an event and unlock the gates. It was because they didn't do their job that the place closed. A few hundred folk climbing over the fences each day wouldn't have saved it. Perhaps the council should have considered that before they built it.

 

Similarly it was no use building a market that cost so much to build that the rents meant no on could afford a stall. There seems to be something lacking with the planning in Sheffield. Intelligence.

Share this post


Link to post
Share on other sites
They had to build something before Castle Market was condemed.

 

No one was using the old market. Especially young professionals and students who are the bread & butter of City Centre retail as so called real Sheffielder's only use Meadowhall anyway.

 

I assume the rates have increased for a prime location, better facilities and transport links that will appeal to everyone not just people born in the 40'/50's

There was as many people if not more use ing the Castle Market as there are now use ing the new one.

 

They were all proper Sheffielders who are the backbone of this City .

it is the young professionals that use Meadowhall .

Share this post


Link to post
Share on other sites
There was as many people if not more use ing the Castle Market as there are now use ing the new one.

 

They were all proper Sheffielders who are the backbone of this City .

it is the young professionals that use Meadowhall .

 

Except the old castle market was losing £1m a year plus and was falling down. Alwats ignoring the inconvenient truth as usual cuttsie. It's the people of Sheffield that decided to use supermarkets and progress that have resulted in the decline of the markets generally.

 

Most of the people moaning about the new market either never used it or alternatively cant provide viable alternatives about what they would or could have done as a solution.

 

It seems typical of this forum that people want to run Sheffield down and they are salivating at the thought of things going badly.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.