West London retail strong

The latest empty shops data from the Local Data Company (LDC) shows the rate of increase in empty shops slowing, with West London better than the national average, but Yiewsley is still struggling.

Nationally, the number of empty shops increased by 19%, from 10% to 12.4% in the period covered by the LDC data from June to December 2009. Yiewsley (+25%), Pinner (+33%) and Hounslow (+27%) are the West London centres where the number of empty shops increased faster than this national average. Other centres Acton, Fulham, Ealing, Feltham,
Hammersmith and Greenford are the ones included – performed better, and all the West London centres combined posted an average increase of 16%, less than the national average.

Yiewsley has the highest vacancy rate of the West London centres surveyed, as it did the last time LDC released data, but the gap between it and second placed Fulham has increased significantly in the last six months.

Yiewsley is the only West London centre to have a vacancy rate higher than the national average of 12.4% – its rate is 16.7%, or one in seven shops. Feltham remains the centre with the least voids, with just one in twenty shops empty, less than half the national average.

LDC have changed their methodology to include units inside shopping centres, which is why these rates are not comparable with those reported six months ago.
See the full LDC report here.

This entry was posted in General. Bookmark the permalink.