There has been a lot of rumour about Thieving Harry's going too, probably similar reasons (rent increases). Both founder 'members' of Humber St who saw the vision and were prepared to give it a go before anyone.
The early adopters probably benefitted from rent reductions to get things started. It’s the way these developments get traction.
They didn’t benefit from rent reductions, they rented premises which had low rent because they were in a **** location. I understand the economics of it, but Humber St would not be what it is now without Fruit and Harry’s. Not recognising that and simply seeing those premises as another pay check is both disloyal and shortsighted. Long term I think they improve the area They should have had reductions now because they helped make the place, and they’d keep a whiff of edge about the place which long term will keep it alive But what do I know
https://www.hulldailymail.co.uk/whats-on/food-drink/date-first-princes-quay-street-1884352 30th August. 4-8pm to coincide with the Van Morrison gig.
I agree but I wonder if they would actually want to be a part of the new Humber Street? It has become very opulent hasn't it, would that fit in with the previous 'edginess' The Fruit provided?
Dave knew the score when he took the place on, he basically got to use it for peanuts until the rest of the street was developed, he always knew what was coming. I did the same in Carnaby Street, the new owners came to me when it was full of tourist tat shops and told me I could have a unit on the cheap until they'd managed to get rid of the tat shops and bring in other retailers similar to me. The first unit I had down there was £18k a year, I then moved to a bigger one for £38k a year, by the time I moved out almost ten years later, the rent for that same unit was £170k a year.
I wasn’t suggesting he didn’t know I was merely disagreeing with someone’s suggestion that he got a reduced rent. He didn’t...he paid the going rent at the time, which was low for the same reason as yours was. I do still think the owners would do better in the long run giving Fruit and Theiving Harry’s a reduced rent now though, but that’s just an opinion
They may well still do so, Dave was on with Burnsy this morning, saying he'd be open to discussing terms again once it's finished.
Found this story interesting, didn't know anything about the man, but I do recall seeing him on the ECC mural some years back https://www.hulldailymail.co.uk/news/history/truth-hessle-road-skirt-lifter-1911844 Funnily enough Des, I initially read the headline as 'Hessle Road Shirt Lifter'
Bit random but I noticed earlier after going to Wilberforce pharmacy that Operetta has been gutted out. Are they refurbing or have they closed? If this has already been mentioned, apologies, I've not been on the board for a bit.
Not Hull specific, but this is how much the big brands have been knocked for by House of Fraser... Ralph Lauren’s Polo UK: £9.4m Kurt Geiger: £4.9m Tommy Hilfiger: £3.4m Phase Eight: £3.4m Mint Velvet: £2.6m Mulberry: £2.4m AllSaints: £1.8m Giorgio Armani: £1.6m Hobbs: £1.6m Lacoste UK: £1.4m Warehouse: £1.4m Hallet Retail: £1.3m Hugo Boss UK: £1.2m Diesel: £1.1m