CBD puts city in good position
WARWICK continues to prove it’s a solid town after excellent rates of low vacancy show only five per cent of stores are empty in the CBD.
Rose City retail owners John Walsh from Warwick Watchmakers and Jewellers and Lynn Bryson from Bryson’s Place were happy in Warwick’s heart of town and were confident with the retail stability.
“There are very few vacancies around. It shows there is confidence in the district and the area,” Mr Walsh said.
“It’s a solid town, there are not a lot of booms and not a lot of busts.”
Warwick Chamber of Commerce conducted the study, which showed out of a total 350 CBD business premises, only 18 are vacant.
“Recent reports clearly show that retail provides the largest number of jobs in our district,” Warwick Chamber of Commerce president John Randall said.
“For our town to grow into the future, we need to maintain a strong commercial centre.”
The chamber is currently preparing an action plan called Grow Warwick to help grow businesses and create new jobs where they will present a completed draft for members to have an input at the next meeting.
Mrs Bryson said they were happy in their retail spot along Palmerin Street where her customers have been prepared to back them as well as from areas out of the region.
“We even had a group from Brisbane this morning who come out for a drive,” she said.
Mr Randall said to have a low vacancy rate in the region was a strong vote of confidence for local business people and also the Warwick community who shop in the Rose City.
“Warwick retailers have always worked hard at meeting the local demand and supplying what the locals want,” he said.
“It is satisfying to see the proof of that by the number of shops and businesses operating in our CBD.”
Total number of shops – 350
Vacant premises – 18
Vacancy rate – 5.1 per cent
Area covered by the Warwick Chamber of Commerce is the main business district bounded by Wood Street through to Victoria Street and from Albion Street to Guy Street.