Brighton’s city centre vacancy rate has fallen by just under half a percent since September 2017.
With a national average of c.12%, Brighton city centre vacancy rate, the measure of how many shop units are currently empty, has fallen by just under half a percent from 6.97% in September 2017 to 6.49% this April.
The corresponding measure in the city’s Business Improvement District area has risen in that same time to 6.87%, the first time it’s been higher than the wider city centre since January 2017.
Uncharacteristically, there are currently several units available in the North Laine area of the city, with businesses citing rising rents, falling sales, parking costs and the rise of online buying as just some of the reasons for business failures.
Recent stats from Visit Brighton, the city’s tourism arm, tell us that the city saw 11 million visitors last year, up from 8.5m the year before.
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