Latest LDC data on shop vacancy rates

Figures released on 9th May by The Local Data Company show that the shop vacancy rate dropped in April to its lowest level since July 2010. The rate fell by 1% to 13.5% in the month (compared with April last year when the rate was 14.1%).

However, despite this encouraging sign, there remain 51,491 vacant units across UK towns, shopping centres and retail parks.