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Just saw this, shame been in there a few times when they 1st opened, really solid operation and have recommended them a bunch over the years, can assume its purely down to landlords being exactly what you expect them to be and trying to run a decent bike shop on those rates just isn't possible/worth it. They might snag a deal somewhere else but despite the massive number of shops disappearing from high street in general I'm still surprised to see landlords jacking the prices up.
BrickMan
Not sure if this is the right place to post but just got an email saying East Central Cycles on Exmouth Market is closing down. Shame, I used to use them quite a bit when I worked in Clerkenwell.