Sudbury toy shop Tinetty’s Toys has entered administration, with a closing down sale set to run for four weeks before the shop closes its doors for good.
The closure of the Toymaster store – that has been trading on Gaol Lane for more than 20 years – will result in the loss of four jobs.
The business was acquired by its current directors Lynette Harvey and Kristina Read in 2007 when the pair took it over from T M Kingdom.
The store has recently fallen upon hard times due to a combination of the economic downturn and various local factors, according to the insolvency practice McTear Williams & Hood.
Harvey has revealed that these contributing factors include a loss of footfall for a three month period last year due to renovation work along Gaol Lane and a ‘lack of lighting along the lane, particularly at Christmas.’
Harvey told the East Anglian Daily Times: "It is a sad loss for the town that another independent trader will have to close its doors.
"My co-director and I would like to thank our dedicated staff for their hard work and wish them well for the future."
Joint administrator, Chris McKay, added: "We are sorry to see a long established business in the centre of a busy market town having to close, but such closures are happening throughout the UK on an almost daily basis."