Shoppers left disappointed after Bingley Poundland closes down

Poundland at Bingley’s 5 Rise shopping centre closed on June 15, after the lease expired on the unit.

A spokesperson for Poundland said: “We're disappointed for colleagues and customers who’ll still be able to shop with us in our other stores in Keighley and Bradford. 

“It goes without saying we'll do all we can to look after colleagues who work at Bingley.”

But residents in the area have been left disheartened and say it’s a loss to the local high street.

5 Rise Shopping complex, Bingley

On a Bingley Residents Facebook forum, one person commented to say “I'm mad because there were five specific things I needed from there today.”

And another added: “That’s a shame. I go there to get my craft materials because it’s a lot cheaper.”

Another said: “ I do understand how you feel. I was shocked to hear about it.”

Bingley residents will now need to travel to the Poundland branch in Idle or Keighley to get their fix of £1 bargains.

Poundland

It was revealed in February that the 5 Rise shopping complex, which has 18 retail units including a Co-op, Home Bargains, Costa, Greggs, Timpsons and Card Factory, was acquired by commercial property and investment company LCP for an undisclosed sum.

At the time, George Kearney, asset manager at LCP, said the 5Rise Shopping Centre is at the heart of the community in Bingley, is close to town centre bus stops and forms the main pedestrian link between Aldi and Lidl.

“Bingley is a thriving market town and the centre is well used, with a healthy footfall, so we recognise it as a great investment.” 

“We understand just how important these smaller, local centres are to the communities they are located in and have focused our acquisitions over the past few years on this sector.
“As we are renowned for our proactive asset management approach, we’re looking forward to working with the tenants and local community, as well as attracting a new occupier or that final unit that’s available,” he added.

Over the past three years, LCP has focused on boosting its local convenience parade portfolio and in the last quarter alone has acquired £58 million of assets throughout the UK.

The T&A has contacted LCP about the loss of Poundland at the 5 Rise shopping complex.