Gyms, bars and bookies taking over high streets

Posted on February 14, 2014 by admin
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Retail space equalling the size of the vast Westfield shopping centre in west London was converted to new uses last year, as the UK’s high streets adapted to changing habits.

Traditional shop space in excess of 1.7m sq ft was lost in 2013 – an increase of more than 60% on 2012 – as betting shops, gyms, bars and restaurants moved into vacant retail premises, according to a report for the industry journal Estates Gazette.

Betting shops were the single most prolific type of new entrant, with 106 winning permission to open last year – but gyms and health clubs took up the most space, at more than 1m sq ft.

Read the full article in The Guardian online.