Industry News

Shop owners to be forced to rent out empty premises

It will see New Compulsory Rental Auctions implemented to ensure that landlords auction shops that have been vacant for over a year to prospective tenants

Shop owners in England could be forced to let out premises that have been vacant for over a year, under new plans from the government.

The plans are set to be unveiled as part of the Levelling up and Regeneration Bill, expected to be unveiled in the Queen’s speech on Tuesday (10 May).

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