Closure of EW Payne could mark the 'demise of Bromley town centre'
PUBLISHED: 16:34 06 June 2013 | UPDATED: 16:34 06 June 2013
The closure of jewellers EW Payne after 103 years marks the "demise of Bromley town centre", according to the head of Bromley North Traders Association.
Bromley’s oldest shop is to close after one final sale later this month, with director Nick Stanhope blaming the recession for the store’s downturn.
Bob Gregory, head of Bromley North Traders Association, believes closure of the business was “inevitable”.
He said: “It’s not suprising really, this is the demise of Bromley town centre.
“There was a government report in 2006 that detailed the importance of independent specialist companies in town centres because of the impact they give the community.
“A lot of traders thought last year would be the bottom of the recession, but it obviously wasn’t.”
High parking costs and the impact of Bluewater have been blamed by members of the public reacting to the closure of EW payne through social media.
Mr Gregory points out there is also growing pressure on Bromley’s businesses from Croydon, currently undergoing a regeneration that attract shoppers.
He added: “We can’t go head to head with Bluewater or Croydon. There’s big development going on there and Bromley doesn’t have anything to counter that.
“We are the cheese in the middle of that sandwich.”