GAMES TESCO PLAY

What games are Tesco playing now?

We`re advised they own the property in Mill Street, until recently occupied by Peacocks.

Our understanding is that the lease had come to an end and the landlords (i.e. Tesco) wanted to dramatically raise the rent. Peacocks decided to shut up shop leaving yet another empty shop in the town.

Bearing in mind the tough high street trading conditions who in their right mind would choose to lose a decent tenant by increasing their rent?

Of course it could be that Tesco want the property for something else