So the 2024 #highstreet lettings season is pretty well done, time to reflect on how your town and city centre did on reducing empty units.
Though there’ll still be more in the pipeline for some places, it is typically a point in the calendar when interest in taking on space for a new shop or venue winds down…
…an opportunity to consider how your tackling vacancy-focused ‘place partnership’ got on, both in terms of bringing the headline rate down but also improving the mix of use types and in making the units that cannot be let yet look the best they can ‘meanwhile…’.
And if your vacancy numbers remain in the mid / high teens or are over 20% or worse, it’s the ideal opportunity to get the local team you need in place to prioritise this crucial metric in 2025.
From #TheVacantShopsAcademy perspective it’s been a heartening run with the number of places we’ve been commissioned to support through our ‘audit, engage, encourage, promote’ approach rising to 35, and positive reports on the difference those local teams have made and plan to going forward.
If vacancy numbers are too high in your town or city centre, you have a small number of tricky, long-time empties that the commercial #property market is struggling to shift, or residents and businesses are concerned about a change in the balance of uses you have, we’d love to talk…
