Data: BHS vacancies serve as warning to HoF landlords

Bhs 7

More than half of the units formerly occupied by BHS remain empty two years after the retailer collapsed, new data has revealed.

Figures from the Local Data Company (LDC) have laid bare the size of the ongoing challenge landlords are facing to re-let the properties – and served as a stark warning to owners of House of Fraser stores.

The department store business has cautioned that “some closures will be announced” as new owner Mike Ashley plots his strategy after buying the business out of administration in a £90m deal.

 

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