Vacant Property Protection study the ideas and schemes which are trying to push back the rising number of vacant stores.
More and more familiar brands have fallen into administration recently – Dwell, Nicole Farhi and Modelzone to name a few – VPS who is Europe’s leading vacant property specialists, take a look at the growing number of ideas and schemes which are being developed to try and bring more life into our High Streets.
“On Monday, it was reported that Savills property research now estimates the total number of empty shops across Britain to be 30,000.” Says Simon Alderson, Commercial Director for VPS, the vacant property specialists, and recently elected to chair the British Security Industry Association’s Vacant Property Protection group. “As VPS cares for many of these vacant units for their owners, keeping them ready for re-let, we thought it right to highlight some ideas and schemes that try to help find new tenants or uses for these properties.”
Last week the government announcement a further £500,000 loan fund to set up more business improvement districts, whose plan is to bring new life to the high streets, and launched the ‘somewhereto_launched re:store’ scheme to bring young unemployed people into mix with businessman Theo Paphitis as the face for the campaign.
“We’ve provided this brief guide in the hope that some young entrepreneurs will pick up opportunities to use these schemes as platforms for their ideas.
For that reason, we’ve listed the community based schemes first, and the government ones, second, as the former provide more access and opportunity for anyone, rather than a local authority, town centre or already established business.” Mr Alderson says.
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