23/08/2011

Growth In Empty NI Shops Lead To Worries

The growing number of empty shops across NI is causing concerns.

Last week, it was revealed that more than one in 10 town and city centre shops across the UK were vacant at the end of May with NI having an even worse rate closer to two in 10 - or more than 17%.

According to the British Retail Consortium (BRC) a study found the average vacancy rate was 11.2%, rising to 17.1% in Northern Ireland, the worst affected nation or region.

Wales was next, with a rate of 13.4%, with the north of England on 13.1%.

The BRC said consumer spending is being hit hard by higher inflation, job losses and low wage growth.

Its report also found that overall footfall - the number of people entering shops - was 1% lower in July than a year earlier.

Alliance Enterprise Spokesperson Trevor Lunn MLA has expressed shock at the level of vacant town centre shops in Northern Ireland. Figures announced by the British Retail Consortium show that over 17% of town centre shop units are vacant here, which is 5% more that the average in the UK.

Trevor Lunn MLA said: "This is a staggering figure and it is very important that action is taken to help support town centre businesses and encourage entrepreneurship.

"It is vital that strong support is provided for small and medium-sized retail enterprises and that there is pro-active work to encourage entrepreneurship in Northern Ireland.

"It's crucial that we look at radical approaches to help boost our town centres.

"The sight of vacant shops is a very sad symptom of the global economic situation and it demonstrates the impact that these tough times are having on business here. I am very troubled that the figure for Northern Ireland is so much higher than that of the UK average," he said.

"Our town centres play such an important role in our economy and they are the key focal point of communities. It is vital that action is taken to address this deeply worrying trend."

(BMcC/GK)

Related Northern Ireland News Stories
Click here for the latest headlines.

23 May 2012
"Act Fast" To Save NI Town Centres, Politicians Told
Retailers have called on the Northern Ireland Executive to 'act fast' to save high street shopping. At an emergency summit today, the Northern Ireland Independent Retail Trade Association (NIRRTA) will recommend 50 ways to solve towns' problems.
24 July 2014
NIIRTA Welcomes New Small Shops Group Chair
The Northern Ireland Independent Retail Association (NIIRTA) has welcomed Simon Danczuk, Rochdale MP as new chairperson of the House of Commons All Party Parliamentary Small Shops Group, following Priti Patel MPs promotion to Exchequer Secretary.
18 August 2022
Time To 'Supercharge' Town Centre Regeneration
It is time to "supercharge" town centre regeneration and capture the opportunities of a green economy, Alliance Environment spokesperson John Blair MLA has said.
14 July 2006
Government plan to protect town retailers
The government has revealed plans to protect town centre shopping from out of town retailers.
28 October 2010
LOTS Initiative For Living Space On Target
The concept of apartment living 'over the shop' has been boosted this week with news that NI Social Development Minister Alex Attwood announced that investment in rural Cookstown's Living Over The Shops (LOTS) initiative is on target to reach £1m.