Retail Trade: Empty Property
The question
To ask the Secretary of State for Housing, Communities and Local Government, if she will make an assessment of the potential implications for her policies of trends in levels of retail and commercial units that are vacant in (a) Chester-le-Street, (b) Stanley and (c) England.
Answered by Alex Norris
This government is committed to revitalise town centres and stimulate economic growth by addressing persistent vacancy rates in town centres like Chester-le-Street and Stanley. High Street Rental Auctions, which came into effect in December 2024, give local authorities in England the power to auction the lease of commercial high street property that has been vacant for longer than 12 months in a 24-month period.
The government also plans to introduce a new ‘right to buy’ for valued community assets through the English Devolution Bill. This will allow local communities to revitalise important assets, such as empty shops, pubs and community spaces, which can help to eliminate the impact of vacant premises.
Using these powers, and working in partnership with the North East Combined Authority and Durham County Council, will help to deliver a Local Growth Plan, supporting town centres in the North East by driving inclusive economic growth.
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