Newcastle Borough Council is planning to offer low or zero rents in selected vacant units in the town centre to encourage pop up shops. Mo Chaudry – an entrepreneur from North Stafford is being brought in to mentor the scheme.
The 51 year old who owns Waterworld and M Club at Festival Park said: “I live in the borough of Newcastle and have a number of commercial properties in the area. I was approached by Carl Evans from Newcastle Chamber of Trade about doing something like this and I thought it was in my interest to support it. If someone has a business plan I would help to mentor that person and bring in my own contacts to support it. Similar to Dragons Den, if I like what I see I may invest in it. This fits in with my commercial interests and my own ethos to help rejuvenate Newcastle.”
The council is hoping to action the plan in time for Christmas in order to make Newcastle town centre a destination for Christmas shoppers.