Shops stay open in market town
SHOPPERS in Beaconsfield are among the least likely to see an empty store as the town has one of the lowest vacancy rates in Britain.
The latest figures from the Local Data Company (LDC) showed, from June to December, 0.9 per cent of premises in the town were empty, making it the town with the ninth lowest vacancy rate in Britain.
Things have improved from the 3.5 per cent of shops lying empty a year earlier.
The change is mostly thanks to the new development in Bakery Court, in London End, and Hall Barn filling rented properties.
Retail vacancy rates showed a marked improvement towards the end of the year, from a peak of 14.6 per cent in February 2012 to 13.3 per cent in the second half of 2014.
The annual change has seen an improvement of -0.7 percentage points.
Whilst the national picture is one of improvement, it masks significant national and regional differences.
Matthew Hopkinson, director at the Local Data Company said: “One thing that is very clear is how vacancy rates and occupancy profiles are changing, location by location, and this ultimately mirrors where and why businesses succeed or fail.
“The granularity of LDC data shows these changes from a shop all the way up to the nation and what is clear is that polarisation is alive and well and growing.
“With one in four shops lying empty in the north and just one on ten empty in the South, the evidence is clear to see.”