Crown Glass Shopping Centre is giving one lucky entrepreneur the chance to win a shop – free for a year.
The winner of this innovative competition will be given a retail unit in the shopping centre, free of rent and rates, for a year if they can impress judges with their idea for a business. In addition, they will receive free mentoring help and support from local financial, banking, retail and marketing experts. The prize is worth over £25,000.
If this initiative is successful it could form a blue-print to be copied throughout the UK to help High Streets fight back.
The competition is part of a drive by Crown Glass landlords Ellandi and Development Securities to encourage local people to establish businesses in Nailsea.
Ellandi founding partner Mark Robinson said: “Crown Glass is doing well and has attracted a number of key national brands in recent times, including WH Smith and 99p Stores, with all of our national occupiers choosing to renew their leases on expiry. We are just as keen that the centre maintains a range of local independent retailers and hope this competition will help someone to get their first step in retailing.”
The competition to win Unit 15 in Colliers Walk for a year is open to residents of North Somerset and Bristol aged 18 and over. Competitors need to complete and return an entry form before the closing date of July 31. Shortlisted entries will be invited to present their idea for a shop to a panel of local business people, including representatives from Ellandi, Nailsea Town Council and Nailsea Chamber of Commerce.
Entry forms are available on Facebook at facebook.com/crownglassshopping, from the Centre Management office at 1-2 Crown Glass Place, Nailsea, or via Ontrac on 01275 850900.
At the end of the one-year period of occupancy the winner will have the opportunity to sign a commercial lease to continue occupancy if they wish.
A number of local business specialists have volunteered their time and expertise to support the new retailer. Local mentors include Wards Solicitors, Neil Houghton Accounting, Waitrosem, HSBC Bank, Ontrac advertising agency and HPR public relations.
Mark Robinson said: “This is a great opportunity for someone who has dreamed of running their own shop and we look forward to hearing people’s ideas.”
Picture: Mark Robinson, Ellandi Founding Partner