Tag: Empty Properties

New Government Measures to Help Shops Announced

Posted on 17 December, 2013 by Kirsten Kennedy under Business News

The Autumn Statement, in which Chancellor George Osborne froze business rates increases at 2 per cent for the next two years, took a significant amount of pressure off small retail businesses operating commercial properties in town centres. However, the... Read More

Ballymena Has Highest Shops Vacancy Rate in NI

Posted on 27 November, 2013 by Jodee Redmond under Business News

Ballymena has the highest proportion of empty shops in Northern Ireland, according to a new report. The town's vacancy rate has jumped from 17 per cent to 27 per cent over the past 12 months. The figures have been disputed by the head of the local... Read More

The Cost of Business Rates on Empty Properties Revealed

Posted on 10 April, 2013 by Neil Bird under Industry News

For the first time the true cost of business rates on empty commercial properties has been revealed. A report released this week by the Taxpayers’ Alliance shows that, nationally, the figure for 2011-2012 was a massive £1.1 billion – a rise of 19 per... Read More