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07/06/2012
Rates Increase Forces Closure Of Landmark Store
A 35-year-old landmark family business is to close, blaming crippling commercial rates and competition from flat-pack suppliers.
Liam O’Brien’s father opened ‘Tim O’Brien and Sons’ in 1977, but it will close permanently on June 17.
Three people will lose their jobs including Liam's son Micheal and two other members of staff. "We were thinking about it for a few years but things have got so bad the place isn't making any profit," Mr O'Brien was quoted today in the irish Independent.
He has blamed high rates as the main reason for his decision but also increased competition from flat-pack suppliers such as Argos, which opened in a retail park outside the town.
Mr O'Brien, who is a member of Killarney Chamber of Tourism and Commerce, says rates would have to be halved for him to reconsider. "We're still selling away, we're just not turning a profit," he said.
Killarney Town Council is owed around €3m in unpaid rates from businesses, a sharp rise from the €350,000 it was owed five years ago.
(H)
Liam O’Brien’s father opened ‘Tim O’Brien and Sons’ in 1977, but it will close permanently on June 17.
Three people will lose their jobs including Liam's son Micheal and two other members of staff. "We were thinking about it for a few years but things have got so bad the place isn't making any profit," Mr O'Brien was quoted today in the irish Independent.
He has blamed high rates as the main reason for his decision but also increased competition from flat-pack suppliers such as Argos, which opened in a retail park outside the town.
Mr O'Brien, who is a member of Killarney Chamber of Tourism and Commerce, says rates would have to be halved for him to reconsider. "We're still selling away, we're just not turning a profit," he said.
Killarney Town Council is owed around €3m in unpaid rates from businesses, a sharp rise from the €350,000 it was owed five years ago.
(H)
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