30 Per Cent Rise in York’s Vacant Commercial Properties

Posted on 26 May, 2012 by MOVEHUT

The number of vacant commercial properties in the City of York has increased by 30 per cent since 2008. Four years ago there were 530 empty commercial properties, which included offices, shops, warehouses and public houses dotted around the city, but this figure rose to 688 in 2011.

Today the figure stands at between 648 and 697 unoccupied buildings, but the rate has slowed down dramatically from the initial burst in 2009. That year, the number of vacant commercial properties increased by 152, but the figure has remained steady ever since.

Speaking of the findings, Len Cruddas, Interim Chief Executive of the area’s Chamber of Commerce, said: “It feels to me that there are quite a few businesses doing well in York at the moment.

“The overall picture in York is strong and it compares favourably to the rest of the country. The underlying strength of York is its diversity – there’s lots going on over a range of sectors.”

However, businesses in the city are unfazed by the findings as many of them have recently celebrated anniversaries in the city. In addition, it has been reported that the City of York has one of the lowest retail commercial property vacancy rates in the UK – ten per cent lower than the national average.

Speaking of the opportunities available for businesses in York, Ian Floyd from York City Council, said: “The Centre For Cities report 2011 listed York as the third fastest growing city in the UK and our figures for registered business-rated properties reflects this, with a significant increase across the city since 2007.

“We have also seen a fall in empty business premises since this time last year.”


Do you run a business in York? Do you think the recent findings about vacancy rates will affect your business? Or do you think that having vacant commercial properties around the city simply means more business for you?




Leave a Reply

Your email address will not be published. Required fields are marked *


Recent Posts

Aldi’s Expansion Plan

British Steel on the verge of collapse with over 20,000 jobs at risk

Paris watches as flames engulf one of France’s most famous landmarks

Debenhams on the brink of administration as board reject Ashley’s bid

Emmanuel Macron pushes for a new Europe with European Parliament elections on the horizon

Brexit impacts property market

Brexit uncertainty impacts the property market

Oxford_Street_Selfridges_Christmas_Decorations_2017

Creative Christmas window displays

Toronto downtown skyscrapers

Brief history of skyscrapers

Savvy promotions attract early Christmas sales for retailers

Are savvy promotions attracting Christmas sales for retail stores?

Greenfield developments

Greenfield developments: The facts

facts about converting chapels churches

Things to consider when investing in church or chapel conversions

Lincoln Castle 1068

Exploring Lincoln Castle’s Georgian and Victorian Prison

the leopard inn Burslem

Facts about The Leopard Inn, Stoke-on-Trent

ancient high house Stafford

The majestic Ancient High House in Stafford

retro video game arcades

Retro video game arcades: The comeback

industrial style offices

How to achieve an industrial inspired office