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Plans in place to make sure empty Cheltenham shops are filled quickly

By Gloucestershire Echo  |  Posted: January 23, 2013

The HMV store in Cheltenham

The HMV store in Cheltenham

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SHOPS which could take over Cheltenham's HMV site are already being lined up – even though the future of the store remains undecided.

The troubled music store entered administration last week after a poor Christmas and continued competition from downloads.

Game is currently among the companies interested in taking on the chain.

But James Tibbles, director at Larraby Land, who owns a number of units in the town centre, is landlord of the current HMV site in High Street.

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He said plans were already in place to make sure the site does not go empty for too long but would not reveal exact details.

Martial Arts school, Karate World, which used to be situated above HMV, had already moved out to larger premises in Albion Street.

Mr Tibbles said: "The tenancy agreement for HMV has been extended for the next two to three months while they decide what happens next. We are speaking to various people about the place."

The Disney store in Beechwood Shopping Centre closed this month, but Beechwood Shopping Centre manager Owen Acland puts this down to decisions on a national level.

He said: "It is not a fair reflection on how the high street in Cheltenham is doing.

"It is not the case of the street doing badly, or the store. I knew for a fact that Disney was trading well, and I believe HMV was doing well.

"They are victims of decisions made on a much higher level, and not indicative of how the individual shops do.

"It is important to remember that this closure and the situation at HMV are not localised issues."

He added that there were plans to bring in the "right" retailer to take over the previous Disney site.

"We are speaking to a few people about it at the moment, but it is important it is not empty for too long," Mr Acland said.

"We are open to offers from the right kind of retailer. Because it is in such a prominent location, we want to make sure a good brand comes and takes over.

"For us, the sooner that happens, the better. It has to be the right tenant and we also want the right one in town to bring something to the high street in Cheltenham."

Town centre manager Martin Quantock said it was important to ensure the units were filled quickly.

He added: "We need something to come into these units as soon as possible to bridge the gaps."

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3 comments

  • TimMessanger  |  January 24 2013, 1:10AM

    Matt, they did the same with Glos, I think they deported the reporter to Nam!

  • Matt1006  |  January 23 2013, 2:05PM

    Very poor form to start to muse over who might take on a store that is still open. Yes HMV are in trouble, but only yesterday it was announced that Hilco have stepped in with a rescue package. Read this, TiG: http://tinyurl.com/a4f7yrb So until further notice, HMV in Cheltenham is open. The staff must be worried enough as it is, without the local rag pontificating over names of other potential tenants, should the shop close at some point in the future. Perhaps the Store Manager needs to pop into TiG Towers in Clarence Parade to advise the Editor of this, face-to-face. Take a few of your staff with you, to reinforce the point.

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  • Ms_Superstar  |  January 23 2013, 1:07PM

    Didn't realise it was empty yet. Indeed, reading further into the paper version of the story, it appears it's not. And may not be soon, if a rescue package can be agreed. Maybe sensationalism/wishful thinking on the part of TiG? Also the karate centre hasn't moved to Albion Street yet - there's still demolition and building work going on. It's Number 66 (the old Beechwood Undertakers building, next to the locksmiths). All in all, a very inaccurate and misleading story once again.

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