More than one in seven shops are now vacant on UK high streets, retail parks and shopping centres, the highest proportion since at least 2015, as the Covid-19 pandemic ramped up pressure on already weakened retailers.
Read the full article on The Guardian website
NAM Implications:
- 14% vacant is high…
- …with more to come, as landlord patience and reserves run out…
- …and as online grows at the expense of brick & mortar retail.
- Best to factor this in as the new norm, minimum…
