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Empty property rates survey [electronic resource]

By: Contributor(s): Language: English Publication details: [United Kingdom] LSH 2009Subject(s): LOC classification:
  • 332.6324 $2 18
Online resources: Summary: Finds that the main cause of the increase in vacant property over the last year has been the downturn in the economy. However, there has been an increase in demolition of perfectly sound properties over that same period, largely as a result of their liability for empty property rates. Suggests that owners tend to wait around 12 months before considering demolition so this is likely to increase in the next few months. Alongside that, investment in new property has been discouraged, and the combined effects of these impacts is that there is likely to be a shortage of commercial property available for occupation when the economy begins to pick up again.
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Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 147283-2001

Finds that the main cause of the increase in vacant property over the last year has been the downturn in the economy. However, there has been an increase in demolition of perfectly sound properties over that same period, largely as a result of their liability for empty property rates. Suggests that owners tend to wait around 12 months before considering demolition so this is likely to increase in the next few months. Alongside that, investment in new property has been discouraged, and the combined effects of these impacts is that there is likely to be a shortage of commercial property available for occupation when the economy begins to pick up again.

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