Page 43 - MarketTimesDecember2017
P. 43

Tundas Market, located in a shopping centre in Middlesbrough, is flourishing following investment by the landlords who took over its running four years ago. Nicola Gould visits a market where the vibes are very positive
he writing was on the wall for the former the River Tees in Teesside, is the only shopping easy out licences to give them security and Inshops market in Middlesbrough after centre in a property portfolio owned by Leeds- flexibility.
the new owners decided to close it four based Contracts Experts Limited (CEL). The next step was a £100,000 investment
 years ago. The market was created in a former store programme in the renamed and rebranded
They had taken a long, hard look at the portfolio of Inshop indoor markets they had acquired, and decided the Middlesbrough market was one of a number that did not cut the mustard.
within the Dundas shopping centre 27 years ago. Dundas is the oldest of four shopping centres
Dundas Indoor Market, including a reconfiguration of stalls, a new ceiling, new lighting and flooring.
Fortunately for the many long-standing traders whose businesses and livelihoods were at stake, the owners of the Dundas Shopping Centre came to the rescue.
Christian Lax, who heads CEL, tasked its commercial agent with relaunching the market under the landlord’s ownership and management.
The centre, built in the early 1980s in the retail heart of Middlesbrough, an industrial town on
The company honoured the deposits which the traders had lodged with the previous operator, and replaced their long-term leases with easy in,
“When I arrived there was only half a ceiling
in the heart of Middlesbrough, and caters for bargain hunters, with cut-price stores like B&M.
Two years ago they appointed a new manager, David Harris, who has spearheaded initiatives including a monthly craft and makers market in the concourse outside the market, themed events, PR for the market and an enterprise scheme to encourage fledgling start-ups who can pay as little as a tenner a day to trade.

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