Can repurposing retail units save the high street?

It has been well-reported that physical shops and retailers have been struggling in recent years due to the shift to internet shopping. Back in 2021, in the midst of the COVID-19 crisis, Local Data Company (LDC) analysis of shopping centres in England, Scotland and Wales, suggested that 70 shopping centres across the UK were at…

Read More

Why are turnover rents becoming popular again?

The COVID-19 pandemic and accompanying lockdown have undoubtedly changed many aspects of life in the UK, but few sectors have been impacted as dramatically as retail, hospitality and leisure. The damage to these sectors is only just starting to become distressingly clear.  According to the Centre for Retail Research, 3607 stores have closed during 2020, resulting in 49,790 job losses. These figures run up to the…

Read More