Watford road crying out for new businesses (From Watford Observer)
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Watford road crying out for new businesses
5:00pm Sunday 10th February 2013 in News
By Adam Binnie, Senior Reporter
Queens Road is calling out for new “niche” businesses, according to a group of local residents, politicians and shop owners.
At a meeting on Thursday, ideas for the future of Queens Road were discussed.
Mike Hewitt, co-chairman of the Queens Road Traders Association, said the road needed more services, such as doctors and opticians, and “niche cafes”.
He said: “A shop will cost you £60,000 a year before you pay any staff or buy any stock to sell. Retail is finished, there are not enough houses to look after local shops.
“Queens Road needs niche places for people to go out and eat, we are near a road full of places like KPMG but we can’t attract those people.
“We need to find people with ideas who are ready to put money behind those ideas. I would run a business plan for a coffee shop or specialist shop opening in Queens Road.
“People will walk 30 metres and if they haven’t found anything interesting they will turn around. We need a shop to anchor one end of the road, and a bank, doctors’ surgery or opticians, then we’d be laughing.”
MP for Watford Richard Harrington also attended the meeting and said business owners were under increasing pressure from sky-high rents and rates bills.
He said: “The business rates system is outrageous, rents have come down but the rates haven’t. The pressure on public expenditure is such that business rates are a very important revenue sector.
“There are fundamentally too many shops, even if the rent and rates were lower. There will be half as many shops in this country in ten years time.”
Comments(11)
PhilCox
says...
6:03pm Sun 10 Feb 13
60k is one hell of a gamble on opening a shop somewhere like Queens Road, particularly with the reported anti-social problems in the road.
The Rover
says...
6:31pm Sun 10 Feb 13
Paul Gadd
says...
6:36pm Sun 10 Feb 13
John Dowdle
says...
2:17am Mon 11 Feb 13
TRT
says...
10:38am Mon 11 Feb 13
Andrew Turpie
says...
1:38pm Mon 11 Feb 13
Wacko Jacko
says...
6:00pm Mon 11 Feb 13
Paul Gadd wrote:Paul, get your facts right, the council collect taxes on behalf of central government but get very little back for their efforts. Central Gov. sets the business rates, not the Council, so if you have a beef with rates have a moan at your MP.
The greed of the Council and Landlords is killing the road- along with the fact you can't park for more than 30 secs to nip into any shop without a parking inspector leaping out from nowhere to get you.
Wacko Jacko
says...
6:04pm Mon 11 Feb 13
The Rover
says...
7:25pm Mon 11 Feb 13
Wacko Jacko wrote:You never know but the horsemeat fiasco may encourage people to shop locally from independant stores who actually care about the quality of their produce.
If local residents want their local shops to thrive, then the answer is to use them. So many people bemoan the demise of traditional shops and shopping streets, but then go and do their main shopping at Tesco etc. 'Use it or lose it' applies here as in so many other spheres of life.
I for one will never buy processed meat from a supermarket again.
There are decent butchers like Gibsons in Charter Place & Tolly & Sons in Moor Park who have better quality food and are no more expensive than the meat in a supermarket.
Harry Caine
says...
10:11pm Mon 11 Feb 13
In Brent where I lived at the time rates were high so rents were low.
In Watford, because seemingly the controlling administration wished to attract small business, the business rate was half that in Brent.
The other side to this was that as a 2nd tier authority, Watford received 25% of the Business Rate Revenue, 75% going to Hertfordshire County Council.
I understand that this arrangement was the fundamental attraction of the Harlequin Centre for Watford, it would be a cash cow and help reduce the need to hammer residents for revenue.
Then Margaret Thatcher decided to change the whole basis for the calculation of Business rates.
The Inland Revenue would set it and all the money would go to central government who then doled out "grants" to local councils.
The Inland Revenue really didn't have the resources for this mamoth task, so I received a letter asking me how much rent I paid for my factory, this amount ultimately became my Business Rate.
Thus my overall overhead outgoings increased far in excess of those had I plumped for Brent because up until that point, rents were high in Watford with compensating low business rates.
Despite Cammers claims for devolution of Government, local Authorities have far less control over the fortunes of the immediate economic environment having been stripped of their powers to determine one of the primary facets of business overheads.
And that friends is where we are today
Mohandas says...
5:24pm Sun 10 Feb 13
Landlords / developers with their high rents have been one of the major obstacles to holding back business / employment by keeping premises empty and our high streets run down. It's time that some real penalties were imposed as with council tax changes in housing to force the rents down.