Newsletter - Links - Advertise - Contact Us - Privacy

Cash for Gold leaves residents cold

June 10 2009

Cash for Gold leaves residents cold
Providing new meaning to the term streets paved with gold one alchemic Glasgow retailer is looking to transform gold to cash and send property prices down like lead with the cities latest pawn broking venture.

Residents of the Merchant Building, city centre apartments from Alba Town, were doubtless anticipating the latest trendy wine bar, hip restaurant or chic coffee house but will instead be spluttering into their Nescafe as the dealer sets up shop.

Securing tenants is a tough ask against a reported rise in the volume of derelict storefronts along Glasgow’s rusting “Golden Z” with Buchanan Street, Sauchiehall Street and Argyle Street experiencing vacancy rates of up to 18%.

Amongst a litany of credit crunch casualties are Woolworths, Miss Sixty, Foot Locker, Au Naturale and the Early Learning Centre.

Bucking this trend to decay are an ever increasing proliferation of sandwich delis with Subway continuing to expand and the cities first Quiznos opening on Union Street.

1 Comment

#1 Posted by macadoo on 16 Mar 2011 at 11:07 AM
do you honestly know what you are talking about?
when you write a blurb you should make sure your
information is accurate,this venture has nothing to
do with Pawnbroking,if you had checked your information you would have realized pawnbrokers
lend money,thats their main occupation,i would have thought this "venture" more akin to a jewellers! or a metal dealers after all you do nead a metal dealers licence as well as a second hand dealers licence to run this type of shop.
The information is out there,thats if you can be interested in looking for it|

Post your comments


All comments are pre-moderated and
must obey our house rules.


Back to June 2009

Search News
Subscribe to Urban Realm Magazine
Features & Reports
For more information from the industry visit our Features & Reports section.