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Insider UK
Insider UK
Business
Peter A Walker

Plea for action to sustain improved Scottish shop vacancy rate

In the first quarter of 2022, the vacancy rate for Scottish shops decreased to 15.8%, from 16.1% in the fourth quarter of 2021.

The latest Scottish Retail Consortium (SRC) and Local Data Company figures put this a 0.5% higher than in the same point last year.

Shopping centre vacancies decreased to 20.2% from 20.4%. in the previous quarter, while on the high street, vacancies decreased to 14.8% in the first three months of this year, compared to 15% during the last three of 2021.

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