Limerick Businesses Closed

Xx-Steph08-xX

Roxy music in the crescent is gone passed on monday and the shutter was half down and they were clearing stuff out passed today and its completly shut up sign has been taking down and everything

Kess73

Xx-Steph08-xX wrote: »

Roxy music in the crescent is gone passed on monday and the shutter was half down and they were clearing stuff out passed today and its completly shut up sign has been taking down and everything

That's a shame. Was some nice folk working there down the years.

bazz26

Roxy were expensive though and never going to compete with HMV or Gamestop out there.

Kess73

bazz26 wrote: »

Roxy were expensive though and never going to compete with HMV or Gamestop out there.

True enough. Then again the HMV out there is not exactly cheap either, but I digress.

Raiser

Kess73 wrote: »

True enough. Then again the HMV out there is not exactly cheap either, but I digress.

I now state that I did not quite know that HMV sold Dictionaries, but I digress Kess, I digress, yes indeed I do digress.

Kess73

Raiser wrote: »

I now state that I did not quite know that HMV sold Dictionaries, but I digress Kess, I digress, yes indeed I do digress.

*Sniff sniff*

Not again Raiser. Go home and get a clean pair.

liammur

Kess73 wrote: »

*Sniff sniff*

Not again Raiser. Go home and get a clean pair.

I heard on local radio that 56 businesses have closed in the city within the last year.

phill106

liammur wrote: »

I heard on local radio that 56 businesses have closed in the city within the last year.

Yes its on the front of the leader, with a good few photos. Figure doesnt include places closed for longer then 12 months.

liammur

phill106 wrote: »

Yes its on the front of the leader, with a good few photos. Figure doesnt include places closed for longer then 12 months.

I got heavily criticised (not on these boards) a few years ago for warning that this day would come. I simply highlighted the fact that the region was getting no IDA jobs. These are the drivers of a region on which all else depend.

munstergirl

From limerick live 95.

Clarion suites on ennis road is to close for a month next month, for major review.

Its only a new hotel so wouldn't need refurbishing.

No idea what that means.

Kess73

munstergirl wrote: »

From limerick live 95.

Clarion suites on ennis road is to close for a month next month, for major review.

Its only a new hotel so wouldn't need refurbishing.

No idea what that means.

Trying to bring down overheads by closing for the month.

allimac

munstergirl wrote: »

From limerick live 95.

Clarion suites on ennis road is to close for a month next month, for major review.

Its only a new hotel so wouldn't need refurbishing.

No idea what that means.

Clarion suites can be easily converted to apartments,in fact they were probably built with that in mind.

phill106

Kess73 wrote: »

Trying to bring down overheads by closing for the month.

Most likely. If both hotels have low occupancy, very little point in having both manned.

campo

Xx-Steph08-xX wrote: »

Roxy music in the crescent is gone passed on monday and the shutter was half down and they were clearing stuff out passed today and its completly shut up sign has been taking down and everything

The reason they had to shut was the crescent tried to up the rent, Anyway they are opening up in town as another bargain store but should be same staff same owners etc

unichick

O'Mahonys has halfed in size in Castletroy! What a joke! Due to rent!

sioda

Yellow Road take away in Edward street is gone. Shame there has been a chipper on that sight for as long as i can remember.

Builderfromhell

I suspect a major factor in businesses closing down is high rents. Landlord's are still insisting on high rents eventhough the economy is faltering.
I know many people who were considering opening small shops but the rents are huge.
By the time the landlord's drop rents it may be too late.

d1980

there are some many units in town that are currently yielding €0 in rent. Surely it is time that some landlords take a punt on a tenant and charge rent based on a percentage of their revenue. i know hard to track but surely it makes more sense to have a unit occupied than rotting away

sonyair

the centerpiece restaurant in the crescent is to close due to rent being increased

Mc Love

sonyair wrote: »

the centerpiece restaurant in the crescent is to close due to rent being increased

How can they increase rent? Dont they know we are in a recession?!?

Hope another food place gets in there! Supermacs maybe?

Jofspring

sonyair wrote: »

the centerpiece restaurant in the crescent is to close due to rent being increased

Jesus that has been there since the crescent first opened or at least as far back as i can remember. May have had different owners or name but definitely there a long time. I remember a friend of mine working in the crescent told me about two years ago that the rent doubled all of a sudden. To add even more rent now is disgraceful.

Landlord rents and council rates are the main cause for places closing in the city centre. The rates and rent have continued to rise even though the amount of people shopping has fallen. Add into that the water meters that where put on business in the city and your talking even more charges. A lot of places the landlords leave it up to the people renting to keep the buildings in top shape. They basically take the rent and don't want to hear about the place after that. So once again the person renting has even more costs.

Mc Love

Yeah it used to be called Katy's wasnt it?

JerryHandbag

sonyair wrote: »

the centerpiece restaurant in the crescent is to close due to rent being increased

Is that the one opposite the entrance to Shaws?

Jofspring

JerryHandbag wrote: »

Is that the one opposite the entrance to Shaws?

No it's the big one across from Tesco.

Raiser

sonyair wrote: »

the centerpiece restaurant in the crescent is to close due to rent being increased

Mc Love wrote: »

How can they increase rent? Dont they know we are in a recession?!?

Hope another food place gets in there! Supermacs maybe?

The Crescent SC is infamous for extortionate rent increases every 6 weeks.

How this affects you is because either the Shops must close down or else factor it into everything single item you buy there.

- The rule of thumb is if you visit the Crescent you need to bring a packed lunch, a bottle of water and leave your wallet at home

Mc Love

Tesco and Shaws own their units!

phill106

Mc Love wrote: »

Tesco and Shaws own their units!

I bet they are delighted, depending on how much they paid for them.

Mc Love

phill106 wrote: »

I bet they are delighted, depending on how much they paid for them.

And the fact is the unit beside shaws (formerly JR's) Shaws owned that and sold it to the crescent - bet they hadnt now!

AnCapaillMor

Mc Love wrote: »

How can they increase rent? Dont they know we are in a recession?!?

Unfortunately they can afford to increase rent. As soon as a unit closes there, its snapped up quickly. The city centrewould love half the people that the crescent gets. The only thing its missing is a few pubs

Used love to pop down for breakfast when doing OT on sat\sun in dell.

kilburn

dunno about that, there are a lot or empty units in the crescent at the moment, some empty a few months

bigpink

Their hardly putting up rents still?

Kess73

bigpink wrote: »

Their hardly putting up rents still?

They never stopped putting up rents. Afterall with their overall rent down due to unused units, they have to find a way to ensure that their rental income for the centre does not drop. :rolleyes:


Crescent Shopping Centre rental strategy = greed.

phill106

I seem to recall many cities and malls had upwards only rent contracts. Celtic tiger madness.

Kess73

phill106 wrote: »

I seem to recall many cities and malls had upwards only rent contracts. Celtic tiger madness.

Yep rent reviewable only in an upward manner is pretty standard here, that way the landlords can say that they are not breaking any laws and are only following the terms of the contratcs.

Builderfromhell

Food outlet on Thomas street (beside health food shop) closing today. Rents too high according to owner. Just got back from there with bags of good quality foods at huge discount.
Huge loss to Thomas street. Town needs quality shops.

Kess73

Heard mutterings today of Boots on William street closing in the next 12 months. Might have something to it as they are opening a new store on Childers Road, but with luck it is only baseless rumour and they will keep three stores in Limerick.


They were to put a store in the centre at Coonagh Cross along with Thorntons and a few others but that went belly up big time for that centre.

CiaranMT

Builderfromhell wrote: »

Food outlet on Thomas street (beside health food shop) closing today. Rents too high according to owner. Just got back from there with bags of good quality foods at huge discount.
Huge loss to Thomas street. Town needs quality shops.

Could always see them struggling with the way Limerick's city centre has gone. It would do better in Galway or Cork.

Berty

Kess73 wrote: »

They were to put a store in the centre at Coonagh Cross along with Thorntons and a few others but that went belly up big time for that centre.

Parked outside the construction vehicle entrance in Coonagh this morning. The missus says "you cant park here"

I had to tell her that as they havent work on the site in 2 years I find it pretty unlikely they will be starting back on the Saturday of a Bank Holiday.

Such a disaster of a site.

munstergirl

The good news is, all the shops on cruises street are occupant. Calender shop is back open. So no empty shops in cruises street.

New gift shop opening soon in thomas street, near still house, mickeys.

Raiser

munstergirl wrote: »

The good news is, all the shops on cruises street are occupant. Calender shop is back open. So no empty shops in cruises street.

New gift shop opening soon in thomas street, near still house, mickeys.

Those Calendar Shops are usually an Xmas only thing though.... have to be the best money spinner (ie. ripoff!) on Earth.

- 12 pictures of Cheryl Cole for €20 :eek:

TestTransmission

Fries-With-That wrote: »

Supermacs have owned this property for years, they were waiting for wheelers lease to be finished before opening a drive thru' supermacs.

This has opened in the past week,seems to be busy

Berty

TestTransmission wrote: »

This has opened in the past week,seems to be busy

On my way home. Nyom Nyom Nyom

zuroph

heard a rumour about what work exactly is being done on clare street, is it true that all city bound traffic is now to be forced up lelia street?! WTF?

bigpink

The Cuckoo Box pub and Westward Ho are closing after Christmas

CiaranMT

TestTransmission wrote: »

This has opened in the past week,seems to be busy

YUUSSSS!! Excellent news for when I get back to UL!

Mc Love

TestTransmission wrote: »

This has opened in the past week,seems to be busy

yeah I was in there when they opened - not too bad! Same as any Supermacs and there is a papa johns in it too

bigpink wrote: »

The Cuckoo Box pub and Westward Ho are closing after Christmas

That is shocking as the Westward Ho was very popular pub a few years ago (suppose the drink driving laws are what killed it)

bigpink

Mc Love wrote: »

yeah I was in there when they opened - not too bad! Same as any Supermacs and there is a papa johns in it too



That is shocking as the Westward Ho was very popular pub a few years ago (suppose the drink driving laws are what killed it)

Father drank there a bit years ago and he was in there after a funeral recently and the guy leasing said he is locking up after the xmas

Conor Bourke

Limerick_Lass wrote: »

Ive heard a supermacs is going in there!

Where abouts is this? Mmmm

So much for my diet though

Mc Love

Just at the petrol station on Groody roundabout:

http://www.google.ie/maps?q=52.665304,-8.582438&num=1&t=h&sll=52.663857,-8.626773&sspn=0.054154,0.128059&ie=UTF8&ll=52.665133,-8.582575&spn=0.0038,0.01163&z=17

zuroph

Any confirmation on the cuckoo box story?