Elliott Stables eateries served notice to pay rent or lose lease
Half of the struggling eateries at central Auckland's Elliott Stables dining village have been served notices to pay rent and operating expenses in arrears of tens of thousands of dollars each or possibly lose their leases.
Five out of 11 owners received notices between September 4 and September 8, with some being delivered to their homes and accountants, as well as their eateries.
With personal guarantees on their leases, the businesses are worried landlord The Icon Group will effectively take their homes to recoup its losses.
Throughout the coronavirus pandemic, eateries at Elliott Stables said they have been “crippled” by the pandemic.
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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59.3% Yes, supporting people is important!
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25.3% No, individuals should take responsibility
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15.4% ... It is complicated
A Neighbourly Riddle! Don’t Overthink It… Or Do?😜
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
If you multiply this number by any other number, the answer will always be the same. What number is this?
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