July 1, 2013 9.40 am This story is over 129 months old

Two Lincoln High Street retailers saved from closure

Saved: Two national retailers on the verge of closing down will let their Lincoln High Street units for at least another five years.

Two premises on Lincoln High Street have avoided becoming empty properties due to an agreement with a local surveyors company.

Chartered Surveyors Hodgson Elkington LLP managed to retain national retailers Game and Edinburgh Woollen Mill at St Peter at Arches.

Game at Unit Number 2 at St Peter at Arches was in Gamestation Limited’s possession, but Surveyor Hayley Playle managed to strike a lease of five more years with Game Retail Limited, the company which now own the chain after Gamestation went into administration.

She said: “It is pleasing to secure the new trading company in the unit with a number of closures in the Administrators portfolio.

“This has allowed staff to retain their jobs and in a tough market avoided another void in the High Street.”

Next door, Edinburgh Woollen Mill has planned to close its store at Number 3, but Partner Tim Shaw convinced the trader to take a ten year lease of the property.

He said: “Despite tough trading on the High Street, both the Landlord and the tenant were minded to negotiate terms for a new lease to be structured which was acceptable to both.”

Hayley Playle added: “It is hoped these glimmering signs of recovery are the start of good things to come after the well documented national troubles of the High Street.”