Decade-long leases for retail businesses must be removed to solve the blight of empty high street stores, MSPs have been told.
Encouraging landlords to offer shorter term lets to retailers will encourage more businesses to invest in Scotland’s towns, according to Martin Newman, a KPMG/Ipsos Retail Think Tank member.
He told the Scottish Parliament’s Economy and Fair Work Committee that the days of 10 to 20 years leases “were gone”.
