Newspaper article Manchester Evening News

No Overall Plan for Shops Area

Newspaper article Manchester Evening News

No Overall Plan for Shops Area

Article excerpt

COUNCIL chiefs do not have a long-term strategic plan for a town centre shopping arcade - but the site is almost fully let.

As revealed by the Local Democracy Reporting Service at the end of August, Hatters Row, in Warrington will cost the council almost £10.5m over the next 96 years as it is locked into an extraordinary £109,000-ayear lease deal dating back to 1989.

Payments for Hatters Row are now being made to Manchester and Provincial Car Parks Limited, a subsidiary of Satnam Investments Limited. And the authority has made a staggering £548,655 loss from the site, on Horsemarket Street, since 2011-12.

Councillor Bob Barr, leader of the town's Liberal Democrats, questioned Steve Park, managing director of Warrington & Co, the council's business arm, about the future of the site a supporting the local economy policy committee meeting. …

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