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WH Smiths at Railway Stations

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starrymarkb

starrymarkb

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Statto said:
Do stores at Stations get rental charges by space used, or just same rent for everyone, as if it's the latter, i don't get why WH Smith prices are so high compared for the same products at Boots, in the same station.
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WH Smith are expensive on the high street as well.
 
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island

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Statto said:
Do stores at Stations get rental charges by space used, or just same rent for everyone, as if it's the latter, i don't get why WH Smith prices are so high compared for the same products at Boots, in the same station.
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I understand in some cases the rent is calculated to include a percentage of turnover.
 
Nym

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It is indeed calculated from turnover, the exact details are tendered in a bid to the landlords, and can include different percentage rates for different comodities, such as news and mags usually sits at the 15% mark, where confy and drinks can sit as high as 40%...!
 
Butts

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Nym said:
It is indeed calculated from turnover, the exact details are tendered in a bid to the landlords, and can include different percentage rates for different comodities, such as news and mags usually sits at the 15% mark, where confy and drinks can sit as high as 40%...!
Click to expand...

As I mentioned before I can't believe that WHS don't get some sort of enhanced terms from Network Rail due to their virtual monopoly position in a lot of cases.

If you are involved in a national agreement you have a great deal of leverage in securing a reasonable rent comprable if not lower than Central London or Edinburgh where inflated prices are not charged by their sister company in the High Street.
 
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