Boxpark to charge zero rent during second lockdown

Boxpark Roger Wade COVID-19 pandemic lockdown rent
The company operates sites in Shoreditch, Croydon and Wembley
// Boxpark said it will not charge rent for tenants at its London sites during second lockdown
// From Thursday, non-essential retailers will temporarily shut their doors in England
// Boxpark will furlough the majority of colleagues

Boxpark has said it will not be charging rent or service charges for tenants at three of its London sites as England heads for a second lockdown.

It will also be placing the majority of staff on the Government Coronavirus Job Retention Scheme.

The retail park firm said it has “carefully considered” the best way to deal with lockdown and protect its team and tenants, and has decided not to offer a kitchen only delivery service from food traders.

READ MORE: Boxpark hires David Gough as new chief operations officer

From Thursday, all non-essential retailers in England will temporarily shut their doors for a month as a result of rising Covid-19 cases across the country.

“The past few months have been one of the most difficult times for the hospitality and retail industries and it feels like we were just getting back on our feet,” Boxpark chief executive Roger Wade said.

“This isn’t what anyone wanted, but we are optimistic about our return in December and Boxpark, along with our traders, will continue to remain flexible and agile.

“Our people and our tenants are very important to us so we are grateful to be able to keep our staff with the furlough scheme.”

Boxpark has been encouraging customers to visit its sites on Monday to Wednesday this week by offering 50 per cent off drinks and 20 per cent off food from selected street food traders.

The company operates sites in Shoreditch, Croydon and Wembley.

Click here to sign up to Retail Gazette’s free daily email newsletter


Please enter your comment!
Please enter your name here