A home furnishings store that took over one of Northampton town centre’s largest shopping units last year is set to close - after only 10 months’ trading.
The Home Store on Abington Street opened in March last year in the building formerly occupied by Primark.
But tomorrow the independent outlet, which sells a range of garden and bedroom furniture, beds, sofas and cushions is to close.
Manager Raj Sal said the business, run by a group of people from Wolverhampton in the West Midlands, is moving out because owners have reached the end of their lease on the building.
“If the lease wasn’t coming to an end we would stay here,” he said.
Mr Sal said he understands another business is looking at taking over the lease when The Home Store vacates.
He added that another reason for the owners leaving the large Abington Street property was because of high business rates on the town’s main shopping street.
“When you come to February, March, April, May, you can be very quiet in the shop, but the trouble is the rates stay the same, it makes it hard,” he said.
The Home Store has been holding a closing down sale throughout today with many items being sold at half price.
Cabinet member for regeneration at Northampton Borough Council, Councillor Tim Hadland, said: “It’s always sad to see any business close but through initiatives such as the business incentive scheme and our free parking offers, we are creating conditions for businesses to trade in Northampton and only recently, St Giles Street was acknowledged as the best high street in the country.
“Our business incentive scheme has helped 29 businesses to start up or expand and created 110 jobs and early indications are that footfall figures and car park usage have increased again over recent months. Abington Street has seen some fantastic new stores such as Gallones and Daniel Granger open in recent months and businesses there now have free parking spaces right outside. We will continue to bring forward new schemes to support enterprise and regeneration in the town and strengthen the town’s economic position in the future.”
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