CGI of South Beach development, Blyth (@retail)

Retail and leisure invited to join Northumberland coast development

Retail and leisure businesses are being invited to fill a new development on the Northumberland coast. The Blagdon Estate is developing the scheme at Blyth’s South Beach which will include a Co-op convenience store and two other units. Work is expected to start on the scheme next year with a view to it opening in 2022 and now the developers have started marketing the 1,000 sq ft and 3,500 sq ft units that are available in the scheme. Ian Thurlbeck, director of property agents @retail, said: “In the past week…

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Where UK retail shops are closing fastest

The coronavirus crisis has accelerated the shift away from retail premises towards e-commerce, a new study suggests. Around 300,000 square metres of retail space was lost in England and Wales in the past year, the equivalent of 42 football pitches, said private wealth and property law firm Boodle Hatfield. Manchester lost the largest amount of retail space, followed by Kingston upon Hull, Coventry, Sheffield and Peterborough, said the report. Boodle Hatfield said the current moratorium on evictions could be disguising the true impact of the pandemic on the retail sector…

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Cineworld closures could “turn leisure parks into disaster movies”

Experts fear firm’s mothballing of UK cinemas will spark a grim chain reaction for surrounding hospitality trade The nationwide closure of Cineworld’s theatres was the disaster movie nobody working in the UK’s battered leisure industry wanted to see. The mothballing of the country’s largest cinema operator not only spells hardship for its 5,500 staff but has set off a chain reaction that threatens the livelihoods of many more working in the neighbouring restaurants that rely on the multiplex trade. On Friday, the billboards outside the 14-screen Cineworld in Feltham, west…

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