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Retail Carnage in Fore Street

Friday 7 September 2012

Millets is just one of five retail businesses closing at the western end of Fore Street this month.

Local reports suggest that the closure is due to the landlord raising the rent. Quarter day falls in just two weeks, the day when shop rents are traditionally due.

Butterfly opposite has also closed in recent days, as has the House Kitchen and House Spa. Santander is also rumoured to be closing shortly.

Despite the combined closures of the businesses, the vacancy rate in Hertford is significantly below the national average of 14.6% with 10% of retail premises empty.


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