Cllr John Batteson and Get Living have reached an important agreement allowing Castle Square traders to return to their units, a positive step forward for our local business community.
Councillor John Batteson, Cabinet Member for Climate Emergency, Jobs and Business, said: “Together with Get Living, we have reached an agreement that provides an opportunity for Castle Square businesses to return to their units. As part of a new payment plan, traders can now pay off their arrears over the course of a new 12-month arrangement. We understand that some business owners may choose not to return to the site and Get Living has confirmed that any outstanding debts for those businesses will not be pursued.
“Through ongoing discussions with Get Living, the owners of the site, it is clear that although businesses have benefitted from low rental rates, rising electricity costs have placed significant financial pressure on them. As a council, we are committed to supporting local businesses and hope this new package will provide some relief for traders.
“More broadly, the council continues to work with partners to develop an affordable retail package for local businesses within the new Elephant and Castle town centre.”