Re: Re: Grafton Street, Dublin

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There are a lot of mobile phone shops on Grafton Street and it is very hard to believe that any opened recently; as the trend in other European Cities has definitely been consolidation within that setor as more and more phones are sold online. I think the main problem with mobile phone shops are that because they often pay such a massive premium rent that it is very difficult to assign them because no other retailer can justify the rental levels they often pay which combined with covenant strength makes them almost as permanent as the buildings they occupy.

I think that a change in the rating system from a rate in the pound to one linked to rental level could make for an interesting scenario. Particularly if rates rebates were given for more disireable uses such as comparison retailing uses such as clothes and footware

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