Elliott Stables eateries served notice to pay rent or lose lease
Half of the struggling eateries at central Auckland's Elliott Stables dining village have been served notices to pay rent and operating expenses in arrears of tens of thousands of dollars each or possibly lose their leases.
Five out of 11 owners received notices between September 4 and September 8, with some being delivered to their homes and accountants, as well as their eateries.
With personal guarantees on their leases, the businesses are worried landlord The Icon Group will effectively take their homes to recoup its losses.
Throughout the coronavirus pandemic, eateries at Elliott Stables said they have been “crippled” by the pandemic.
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