Real Estate /
Crazy House crazy times Sopot [9]
For those who know it, the Crazy House in Sopot is rapidly following in the footsteps of other new commercial developments in the city and proving a dud deal for business owner/occupants.
Catering largely for restaurants and small shops, the lack of promotional marketing by the owners to increase the footfall in the building, combined with unrealistic rents, is leading to businesses failing at an alarming rate.
Two more restaurants have closed over the last few weeks with one, owing close to 6 months rent, resorting to staff locking themselves in the premisses to prevent their fixtures and fitting from being removed in lieu of rent.
The problem is exacerbated by dishonest business owners, especially those running bars and restaurants. Able to win high sponsership deals from alcohol companies etc, many of them take the money and run, leaving their businesses to quickly fail and having a knock on effect for other occupants of the building.
This is the reality facing many business ventures in Sopot. Those familiar with the market are aware of the difficulties they face, especially out of season, and many plan a quick in-out strategy. This is typical of what so many are now seeing as the Polish approach to business: make as much as you can, as quick as you can and with little or no thought to how this might impact on business tomorrow.