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Britain's increasing shop vacancy rate being driven by too many shops and the growing north-south divide

By: Language: English Series: British Property Federation Press Release ; 4 September 2012Publication details: 2012Subject(s): Online resources: Summary: Summarises the results of the latest Local Data Company shop vacancy report "Too many shops". Although it is not possible to predict whether there is a structural oversupply of retail space in the UK, there are a number of telling factors which point in this direction. It is clear that for the high street and especially secondary shopping centres the current high vacancy levels are here to stay with the prospect of alternative uses being made of the vacant space.

Summarises the results of the latest Local Data Company shop vacancy report "Too many shops". Although it is not possible to predict whether there is a structural oversupply of retail space in the UK, there are a number of telling factors which point in this direction. It is clear that for the high street and especially secondary shopping centres the current high vacancy levels are here to stay with the prospect of alternative uses being made of the vacant space.