BARNSLEY has been named among a handful of town centres in the UK which are ‘improving’ – according to a survey of 365 towns and cities by property consultants Colliers International.
The company’s report revealed empty shops have triggered a downward spiral on high streets in 83 out of 365 towns, while another 42 of the retail centres surveyed are deemed to be degenerating.
Full details of the survey are due to be published next week and come after official figures revealed an unexpected 1.4 per cent plunge in retail sales volumes in May.
Just three per cent of town centres are designated as improving, including Barnsley, Ealing and Maidenhead.
Colliers’ analysis is based on historic and future indicators, including retail rents and vacancies, population growth or decline and employment prospects. Nationally, the number of vacant stores has fallen from 11.4 per cent to 9.7 per cent.