Sunday, October 14, 2012

Chickenfeed cuts back

TROUBLED retailer Chickenfeed Bargain Stores has cut the opening hours of its New Norfolk store. Despite recently being listed as one of the company's more profitable locations, the New Norfolk store no longer opens on Sundays.

Chickenfeed has a long lease on the premises at 25-29 High St, which was once three separate shops. The property changed hands earlier this year and the sale price is said to have been in excess of a million dollars. Realcommercial.com.au lists the annual rental as just under $150,000.

Meanwhile, the former GN Electrical premises at 20 High St also changed hands recently and is currently undergoing renovations. No announcement has been made but many believe this will be the new home of Banjo's Bakery. Allhomes.com.au lists the sale price as $405,000.

The former Country Florals florist at 33 High St is now occupied by two small businesses. Geardy's (selling electrical appliances) and Sintonic (re-established following the loss of its original premises in the Banjo's fire earlier this year). Congratulations to the proprietors of these businesses.

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