Rock Hill seeks to restrict places of brand new pawn stores
Feb. 09 proposal that is–A review by Rock Hill officials could cause less pawn stores starting into the town.
City Council people have actually provided initial approval to imposing stricter needs for where pawn stores could be positioned. The proposition would avoid pawn that is new from opening within 300 legs of churches, houses, schools, and general general public areas. The firms additionally could maybe maybe not start within 1,000 foot of other pawn stores and organizations such as for example name loan and lending that is payday commercial collection agency along with other tiny loan providers.
The regional legislation is temporarily in place but last approval is pending until Rock Hill’s preparing Commission holds a general public hearing and makes a suggestion to your council. The five existing pawn stores in the town should be “grandfathered in” and permitted to remain available no matter if they just do not meet with the brand new separation demands.
Some pawn store owners in Rock Hill say the regulation that is new be effective to keep their competition out, which will be most likely beneficial to their company. Nevertheless, they’ve beenn’t always to get the town’s grouping of pawn stores with little loan-type organizations simply because they see their industry as retail.
“The pawn store is really a place that is unique . it really is a lot like the old basic shop,” says
, of Teague’s Pawn Shop on Cherry Road .
She along with her sons
Blake and Ryan Teague
began the family-owned pawn store a lot more than 20 years back in Rock Hill . They are basically “recyclers” of goods while they estimate about half of their business involves lending money in exchange for personal items as collateral, the Teagues say.
They purchase and sell utilized and items that are new as musical instruments and noise gear, weapons, electronic devices, little devices and precious jewelry. Read More