Another city centre shop to close

The sign in the window of Poundland. Photographs: Richard McDougall
29 Oct 2020 @ 3.32 pm
| Business

York will lose one of its branches of Poundland this week.

The Coney Street branch is set to trade for its final day on Saturday (31 October).

‘Store closing’ signs, declaring there are ‘massive reductions’, have appeared in the window of the shop.

Closing up… Poundland on Coney Street

York has another city centre Poundland store in Low Petergate which is remaining open.

The Coney Street premises, with 6,000 sq ft of space spread over the basement, ground and first floors, is now being marketed to potential retailers. The expected rent hasn’t been disclosed, but it has a rates bill of £100,800 per year.

It is the latest closure in the city centre. Other casualties in the last month include Jack Wills, which is due to close in November, and Connolly’s Homestyle in Fossgate.

Earlier this month we reported an analysis by the Local Data Company and PwC UK that found York was the worst hit location for chain store closures, with a net loss of 55.