Art pottery shop James Macintyre and Company, which opened in 1995 in County Arcade, will close its doors for the last time after trading on Saturday ( March 10) after the company that runs it said landlords Hammerson had proposed the “shock” rent increase.
Elise Adams, managing director of W Moorcroft Ltd, wrote in a letter to customers: “To visit the Victoria Quarter these days without the public car park needs almost military planning, and for many that has proved difficult.
“What arrived as a considerable shock was a proposal by our landlords to increase our rent by 36 per cent at a time when they had developed the car park and the new John Lewis store still had to prove itself as a flagship retail attraction.
“We have done our sums and selling Moorcroft and designconsort in what is now a radically changed environment, do not make these sums add up.
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“For this, very sad reason, we have decided to shut the shop and close for good at 5pm on Saturday March 10. After almost 25 years, this was a very hard decision.
“Our doors first opened in 1995 and since that time we have warmly welcomed visitors into our shop in the Victoria Quarter, sharing memories and a love of Moorcroft art pottery.”
“Kim Thompson, regional director for W Moorcroft Ltd, told the YEP: “We are extremely sad that a full time member of staff and two part time members of staff will lose their positions.”
A spokeswoman for Hammerson, said: “We are in discussions with James Macintyre & Co regarding the future of its store in Victoria Quarter.”