Wednesday, December 6, 2006

Not elder law: Boomer alert--world's oldest record shop faces closure

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It sold the first wax phonograph cylinders to curious shoppers in 1894. Now rock stars and politicians are fighting to save the world’s oldest record shop from closure. The owners of Spillers Records, recognised by Guinness World Records as the oldest such emporium on Earth, say that it will close unless a buyer is found.

Spillers, in the Hayes Market, is standing in the way of a £700 million property development that will bring a new department store complex to the Welsh capital.

The landlords have warned Spillers that they face a rent rise of 50 per cent. Lucrative high street chains such as Zara and Borders are expected to replace independent retailers.

Read more about this tragedy in the London Times OnLine.

http://lawprofessors.typepad.com/elder_law/2006/12/not_elder_law_b_1.html

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