HUNDREDS of Rhyl traders will be thousands of pounds a year better off after a business rates cut.
The Valuation Office will reduce rates in the town centre by 10 per cent after the loss of footfall with the opening of the multi-million pound Prestatyn Shopping Park and the loss of Marks and Spencer and Next.
Community and business leaders are calling for a bigger cut after figures showed footfall was down almost 20 per cent in March compared to the previous year.
Vale of Clwyd MP Chris Ruane, said: “Whilst 10 per cent is a good starting point, I and a number of business in Rhyl believe that there is sufficient scope to request a further reduction, with plenty of evidence in terms of footfall, car park statistics and takings to support this stance.
“This discussion will form the basis of the agenda for Monday, but if you have any further issues that you would like to discuss then please let me know as soon as possible.
Mark Sugarman, owner of clothing store Detour, on the High Street, said: “It will certainly affect us in a positive way - every little bit helps.
“Rhyl’s had a tough time as of late, but hopefully will be turning a corner soon. We’re busy, but high streets need help and that’s just one way local government can help us.”
Last November Rhyl Town Centre Management launched a three-year business plan which included plans for more on street parking, safer streets and setting up a night-time economy.
A spokesman for the Valuation Office, said: “We have been carefully considering the evidence provided and also evidence provided by ratepayers in Rhyl and various chartered surveyors.
“We are of the opinion that a 10 per cent reduction in the rateable values in Rhyl town centre is appropriate and this should be effective from the date of the material change in circumstances, March 6, 2013.”
In March, the Welsh Government said the next non-domestic rate revaluation date in Wales would be deferred from 2015 until 2017.