We are pleased to advise that another new retailer has agreed terms to open a store at Whitsunday Shopping Centre, Cannonvale.  An as-yet undisclosed takeaway food retailer has finalised negotiations on Shop 36, next to Kazza’s Barber Shop.

The retailer was an existing client of ours and had recently closed an underperforming main street store.  Whilst the main street location afforded a budget rental, the lack of foot traffic and poor exposure damaged the turnover of the business to a point that the shop could not continue to trade.

There’s still a long way to go with this deal, we still have to complete the shop fitout design and construction as well as the legals – but there is a theme emerging in this and many other of our current negotiations.

In challenging economic times, focussed retailers are making sure their businesses get in front of customers wherever those customers shop each and every week – their local supermarket.

There’s always a cheaper rent somewhere else – but when it comes to the lifeblood of your business – making sales – give yourself the best opportunity by ensuring there is a strong performing supermarket anchor nearby.