– Stall holders’ fury as rents soar by up to nearly 25 per cent
– Traders say their businesses could be replaced by chains
– Market managers insist rent hikes needed to cover extended opening hours
Independent shops in Brixton market are at risk of being forced to shut as rents soar by up to almost a quarter, traders warned today.
Established operators in the Brixton Village and Market Row areas, which have become a trendy hub for foodies, fear small businesses could be replaced by big chains — and claim landlords are too focused on maximising profits.
A number of retailers say they have been handed new contracts without warning — including rent rises of up to 22 per cent, with payments backdated to August.
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