Call 020 7794 5757 - Email info@numerallp.com

Empty shop numbers continue to rise

The number of empty shops in the UK has continued to rise as retailers struggle with the impact of the coronavirus (COVID-19) pandemic, according to the latest figures from the British Retail Consortium (BRC).

02 Aug 2021

The number of empty shops in the UK has continued to rise as retailers struggle with the impact of the coronavirus (COVID-19) pandemic, according to the latest figures from the British Retail Consortium (BRC).

One in seven shops is now empty across the UK and the number is continuing to rise despite the re-opening of the economy.

The COVID pandemic has accelerated a shift towards online shopping and shopping centres have been hardest hit, with nearly one in five units empty, the BRC said. The vacancy rate in retail parks is also rising quickly as they lose stores.

The northeast of England had the highest vacancy rate, followed by Wales and the northwest.

Fashion retailers have been hit hard by the pandemic, with the closure of high street brands such as Debenhams and Topshop contributing to vacancies.

The number of empty shops could continue to rise following the ending of the business rates holiday, the BRC added.

Helen Dickinson, Chief Executive of the BRC, said: 'It comes as no surprise that the number of shuttered stores in the UK continues to rise after retailers have been in and out of lockdown for over a year.'

Try a site search Tax return, dividends, pension, autumn statement...

Company details

020 7794 5757

Numera, 4th Floor Charles House, 108-110 Finchley Road, London NW3 5JJ

Numera is a trading name of Numera Partners LLP | Company Registration No. OC365787 | Place of Registration: England & Wales | Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales.

About us

Numera is a newly established forward-thinking firm of chartered accountants, with over 25 years in experience of audit, accountancy, taxation and business advisory services.

We work with clients in a large variety of industries and sectors; from sole traders to multi-million pound turnover organisations. We aim to create and maintain a close relationship with our clients. By being so involved, we are able to identify opportunities for our clients as well as possible risks that our clients may be faced with.

© 2024 Numera. All rights reserved. We use cookies on this website, you can find more information about cookies here.