Number of vacant shops falls for first time since 2018

Tourists and shoppers crossing busy Regents Street

The rate of store vacancies across Great Britain stood at 14.4% in the final quarter of 2021, according to the BRC-LDC Vacancy Monitor. This marked a slight improvement from the 14.5% reported in the third quarter and was 0.7% higher than the same quarter in 2020.

Vacancies in shopping centres improved to 19.1% in the fourth quarter compared with 19.4% in the third.

High street vacancies also declined slightly to 14.4% in the fourth quarter of the year. This figure was 14.5% in the third quarter. 

 

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