A devastated local retailer forced out of business due to crippling financial pressure has accused greedy landlords of “killing the high street”.
Summer Butler, the owner of Mosman Paws on Spit Rd, says soaring rent and utility costs have left her with no option but to walk away from the brand she’s successfully built over the past six years.
She told Mosman Collective her canine care centre, which offers on-site dog minding and grooming, would close on April 14.
Mosman Paws has become a popular and much loved local institution, offering canine services including dog grooming, minding and even a “day spa”.
“The rent on my Spit Rd shop has increased to $90,000 per year including gst,” Ms Butler said.
“I pay $7,436 in rent each month, and that is before wages, electricity, water and everything else that goes with running a business.
“The landlords are slowly killing the high street, and if it keeps going this way, we will have no independent retailers left because our backs are against the wall.
“We are drowning in price hikes.”