High street vacancy rates show small increase

31 July 2017 - Janet Bird

vacant high street store

Overall high street vacancy rates have risen for the first time in two years, according to new data.

Figures released by the Local Data Company (LDC) reveal that 11 percent of all high street properties were empty during the period from April to June, slightly up on the 10.9 percent recorded during the previous three months.

An increase in retail unit vacancies from 12 to 12.2 percent was behind the rise.

Prior to the release of these latest figures, vacancy rates had been in slow decline since hitting a high of 11.7 percent in mid-2015.

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