Independent retailers take The Arcade back in time
While many of the biggest names on the High Street continue to consolidate their operations or even go into administration, one small but vital part of Bristol’s biggest shopping area, The Arcade, linking Broadmead to The Horsefair, is experiencing the “counter revolution in retail”.
The recent letting of Unit 14, The Arcade to local phone and computer repair company, Techtock Mobile, opening their second Bristol store, means that The Arcade is now full let for the first time in nearly two decades – with predominantly independent and niche operators occupying this 25 unit covered scheme which has been a signature feature of Bristol shopping for almost 200 years.
And this, says retail agent Stuart Williams, a director at Williams Gunter Hardwick, reminds us of how retail blossomed in the city two centuries ago.
“We’ve become used to chain stores or ‘multiples’ like M&S, Boots, New Look and Primark dominating our High Streets,” he says. “They’ve dominated the scene for decades and – to be honest – we have reached the point where one retail centre is often very much like another.
“But that’s not how it used to be at all. Shopping in London or Bristol, York or Bath would have been very different experiences.
“Go back in time to the Georgian era, and we had just reached the point in our cultural history where consumer goods were becoming more readily available, shopping had started to become a popular social activity and people bought from individual traders that they knew personally and trusted.
“People in Georgian Bristol would have shopped in The Arcade just like we do now… except the goods on offer were rather different.
“Look at the popularity of The Arcade and some of our suburban retail centres – like Gloucester Road, North Street and Clifton Village – as well as the smart new leisure and food hot spots like Wapping Wharf and established venues such as St Nicholas Market – and you can see that many of us are now looking to spend our shopping and leisure pounds in a very different way than even a decade ago.
“We can usually buy what we need online at a competitive price, so we go to the High Street for something different or for a service. Now it’s all about the experience – which is where the independent retailer is making a comeback.”
Retailers in The Arcade include fashion, personalised art and greetings cards, milkshakes, coffee and cuisines from around the world, jewellery, travel, vaping and new age gifts. Services include a tailor, beauty/ hairdressing, key cutting/ heel bar and a tattoo shop.
“One of the very welcome challenges we face as letting agents,” says Stuart Williams, “is that many tenants start here and then spread their wings to bigger premises elsewhere. That ‘churn’ helps keep The Arcade interesting for shoppers as new names and retail offers keep popping up. That said, for the moment, we have some stability where tenants complement one another and collectively provide a reason for shoppers to visit the most unique shopping street in central Bristol.
“Retail is evolving – and what we see at the Arcade is an important part of its future: for shoppers looking for something different, this is – literally – the counter revolution.”
Williams Gunter Hardwick acts jointly with Cardiff based Oscar Clarke.