Pengetout – A brand new pop-up on the High Street

A brand new venture designed to support business growth in Penge is being opened by the Mayor of Bromley, Councillor Ian Payne on Saturday 18 March.

Pengetout is a pop-up shop and workspace where nine new and expanding local businesses will share space to sell interesting products and services. There is still an opportunity for new traders to get involved in the year-long initiative by renting space and they are invited to make contact.

The project is being delivered by Sally Williams from Retail Revival Ltd, a company well used to opening pop-up shops in London. She has received a lot of interest from potential traders, “We have put together nine local entrepreneurs selling an eclectic mix of products including Danish clothing and jewellery, retro teak furniture, gifts, paintings and haberdashery supplies. We will also deliver a programme of craft workshops from the premises for people of all ages to learn or improve their skills” said Sally Williams.

The project is managed by Bromley Council as part of their ‘Penge, Open for Business’ programme which also provides free training and support to new and existing local businesses but funded by the Mayor of London and the GLA.

“There is already real zest for new business start-ups in Penge and across our borough and this initiative gives another platform to bring some of these fledgling businesses forwards. The increase in online sales and high business overheads is making it much harder for independent businesses to trade on the high street. Pengetout will enable new and expanding businesses to test local response to their products in a low-risk trading environment and bring about an even more diverse high street and hopefully impact positively on our existing businesses too” said Councillor Peter Morgan, Executive Councillor for Renewal.

The Mayor of Bromley, Councillor Ian Payne will cut a ribbon to officially declare the venture open at 10.15am. There will be celebration cakes and juices for visitors to the shop on the day and children are invited to participate in a programme of craft activities with a Mother’s Day theme.

The shop will be open for one year and it is expected that up to 20 local businesses will benefit from test trading and associated business support including advice with digital marketing, promotion, sales and business planning.

There is still an opportunity for new traders to get involved by renting space in the shop or by delivering classes or activities in the rear room of the premises. For further information visit Pengetout, 109 High Street, Penge, SE20 7DT or telephone Sally Williams 07889 173101 or sally@retailrevival.org.uk.