N.B. bakery owner scrambling to stay in community as rent skyrockets
Global News
Village Square Bake Shop owner Stuart Howe took over the bakery a little over a year ago from his parents, and with skyrocketing rent, he's nervous.
A long-standing bakery in a New Brunswick community is scrambling to stay in town.
Family-run Village Square Bake Shop, located in Grand Bay-Westfield, N.B., was recently told their rent would triple.
“We need to find a new home,” said owner Stuart Howe.
Howe took over the bakery a little over a year ago from his parents, and with skyrocketing rent, he’s nervous.
“The lease mom and dad signed is up for renewal in June and I’ve been speaking to the landlord about what he was thinking,” Howe said.
“When the rent increase came in it was around triple what we’re paying now.”
Currently paying about $700 a month for the space, Howe says the landlord wants to spike it to nearly $2,200.
“We simply can’t afford it,” he said.
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