Assets

Assets

We recognise there is a fundamental need to secure your business critical assets, from vacant land, development sites and compounds, to plant, materials and fuel. As a leading provider of sustainable security, we are perfectly positioned to secure, monitor and protect your valuable assets.

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Shop Vacancy Rates Update

Shop Vacancy Rates Update
Shop Vacancy Rates Update

UK shop vacancy rate declined to 14.4% in the final quarter of 2020. This was the first time that the number of shuttered shops fell since the start of 2018.

According to the figures from the British Retail Consortium and Local Data Company, this was 0.1 percentage points below the third quarter level and 0.7 percentage points higher than at the same time in 2020.

The data also reveals that shopping centre vacancies improved to 19.1% in the quarter while high street vacancies improved slightly to 14.4%. Meanwhile, retail park vacancies remained at 11.3% in the period.

The lowest vacancy rates were seen in the south of the UK, but rates were much higher in Scotland and the north.

One choice for all your UK void properties

SmartPROP is a unique and efficient service designed for the property management industry, which has been created to rapidly DECREASE the time you spend dealing with void properties, and ensuring that your property portfolio retains its optimum rental value for the future.

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