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T F and the Wire

£960 000 monthly rent!!!

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Did I read correctly somewhere that the monthly rent for the old Total Fitness site was nearly a million pounds. I hadn't a clue as to the going rate, and this is unbelievable. Are similar sized sites in our town paying similar prices, eg M&S, Go Outdoors, BHS, Debenhams and the like.

 

If so, no wonder there are so many empty sites like the old TJ Hughes and Boots. If you had a business making gold from tap water you would be hard pushed to make a profit after paying wages, energy and materials on top of this rent.

 

Surely it is better for everyone to have a premises occupied paying a reduced rent.

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