February 11 2016.



Britain’s shop vacancy in January decreased to its lowest mark in six years to 12.5 per cent, a study shows.

The shopping centre vacancy rate dropped by 0.4 per cent in January 2016 when compared to the previous month, according to a study by the Local Data Company.

Wales (-1.0 per cent) and Greater London (-0.8 per cent) saw the biggest drops in vacancy rate across the UK nations and regions.

Compared to January 2015, Wales has seen the highest increase in vacancy rate over the 12-month period. Wales’ shopping centre vacancy rate increased by 2.2 per cent in the 12 months to January 2016.

The region with the best-performing retail parks is Yorkshire and the Humber, which saw a 0.9 per cent drop in January when compared to December.

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