People are jumping up and down because the article and the petition both state that the shop's rent is to be increased by 70% but does anyone know what the rent was - or how long it has been since the last rent review?
I don't suppose the shopkeeper has stated what mark-up they charge on their stock or what their turnover is?
I wonder if the shopkeeper also happens to own a house or flat in the London area and, if so, how much that property's value has increased over the past few years?
Many, many years ago, at a 5yr rent review, my landlord increased the annual rent on my shop from £2,250 to £6,500 and on the following review it went up to £12,000. People in business should know what can happen when they take on these Leases and they shouldn't expect everyone to weep for them when things don't go their way.