The Local Data Company’s (LDC) have reported on the 28 November 2012 that there has been the first significant drop in shop vacancies in 2012. The level of vacancies dropped from 14.57% to 14.41% from September to October 2012.
They report that not since December 2011 has the rate of empty shop premises fallen below 15%. With Christmas and the new year sales in front of us hopefully matters will only improve.
There seems to have been a change in the markets with large retailers closing branch shops whilst independent sellers are now on the increase with it being reported that in the top 650 town centres independent shops account for 68% of the units.
Leasing a unit?
If you are a landlord or tenant interested in leasing a unit please contact me if you need any assistance I am happy to provide a fixed fee quote for the work.
Christie Limb
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