New pricing structure boosts Triangle

LANCASHIRE company RC Mods as become the first retailer to sign a lease at the Triangle Shopping Centre in Manchester under its new all-inclusive pricing package.

The new structure is the Triangle’s answer to filling vacant units by encouraging small. independent businesses to take the plunge.

Haslingden-based RC Mods which has traded solely as a web-based retailer,
specialising in radio-controlled helicopters, cars,gadgets and spare parts, has taken a 934sq ft unit on the ground floor.

It will open a week tomorrow, on October 24.

Under the Triangle’s new pricing structure, prices start from only £500 per week for a unit including service charges, rates, electricity and water.  The minimum contract term is only six months.

Paul Walsh, founder of RC Mods, said: “We are looking to expand next year into more shopping centres around the UK, and The Triangle has given us the opportunity to open our first store in a prominent city centre location while minimising risks as we fine tune our service approach.”

Michelle Atack, marketing manager at the Triangle added: “We have said from the outset that we want retailers who will complement the existing tenant line-up, and RC Mods is a great addition to our retailer offering.

“The pricing structure has been very well received, and we expect to have the next new store signed and announced within seven days.  We are also in advanced negotiations with several others. 

“Not only have we taken positive steps to fill vacant units and assist budding independents and smaller retailers, but we are helping improve footfall for existing tenants.”