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Wednesday, June 15, 2016
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with this paper See page 82
RAIN FAILS TO DAMPEN STREET PARTY BIRTHDAY CELEBRATIONS Pages 10-12
LIB DEM WILL NOT DROWN IN A SEA OF BLUE Page 9
RETAIL GIANT CONFIRMS IT IS TAKING OVER MORRISONS Page 5
CROWD PUBLISHING PROVES A NOVEL APPROACH TO BOOKS Page 8
Primark sets its sights on Tunbridge Wells…
INSIDE BUSINESS
Baby brand booms for buggy entrepreneurs
Popular discount store is among those eyeing BHS site Adam Hignett
adam@timesoftunbridgewells.co.uk
BIDDING WAR PUSHES SALE OF THE CHURCH ONE of the town’s most iconic churches shattered expectations when it went under the hammer on Monday to fetch £900,000 at auction. The final bid for The Vale Royal Methodist Church on London Road far exceeded even the upper guide price for the freehold property, which had been set at £600,000. However, the council confirmed last month that despite the age and prominence of the building it is not listed, even though it is considered a local heritage asset. The relative freedom to redevelop the 11,000 sq ft property which was originally put on the open market in 2013 – as it was falling into a state of disrepair – led to a ‘bidding war’ which inflated the price. John Stockey, auctioneer at the auction house Clive Emson, said: “There was a great deal of interest in this lot and we had a number of bidders determined to buy it.
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CLOTHING retailer Primark could soon be opening a store in Tunbridge Wells. The Times understands the Ireland-based company has shown an interest in the BHS site in Royal Victoria Place (RVP). When the news of BHS going into administration broke last month there was a great deal of uncertainty surrounding what would happen to the Tunbridge Wells branch. The owners of the two-storey unit are M&G Real Estate – a division of the Prudential. The BHS site is not owned by RVP, although it falls within the shopping centre. At the time of the administration being announced, M&G Real Estate said they were ‘working with other retailers’ who had shown an interest in occupying any one of the 12 stores within their portfolio, including Tunbridge Wells. Since then, sources within the sector said one of those who had expressed an interest in taking over part of the BHS unit was Wilko. They said the discount homeware chain wanted to occupy one of the two floors, which they viewed as being a preferable alternative to the former HMV site currently earmarked for Wilko. However, the sources told the Times Wilko ceased enquiries into the viability of moving into the BHS site after Primark made an offer ‘that couldn’t be refused’. They said: “Wilko looked into the BHS site as soon as it was announced the company had gone into administration, as one floor would have been much better than the old HMV site they have at present.
“Primark, though, had been eyeing the site for a while and had made an offer that couldn’t be refused.” A spokesman for Primark said last night [Tuesday]: “Unfortunately, the company doesn’t comment on speculation around store openings.” Wilko said they will not comment on reports about being outbid. A spokesman for M&G Real Estate said: “We’re currently in a period where different retailers are expressing an interest in one or more stores and while nothing is confirmed as yet we will
provide an update as soon as we can.” Primark, a subsidiary of Associated British Foods, has expanded rapidly in the last 15 years. It bought the Littlewoods chain for £409m in 2005, selling 79 of the 119 stores. But the company has come under fire over its working practices, with the charity War on Want criticising the low wages and dire conditions endured by clothing makers in factories in India and Bangladesh – and claiming that many of them are children.
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FOOD & DRINK
Busy Mum’s Cookbook author on local markets
More about Primark on page 4 PAGES 64-65
EDUCATION
Grammar school boys win Teen Tech Awards
PAGE 23
PROPERTY
36 pages of the finest homes on the market
THE VISION What our BHS store may look like in future
SEE PROPERTY SECTION