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Fewer empty shops in Colchester compared with national average
9:20am Thursday 27th September 2012 in News
COLCHESTER has nearly half the number of empty shops compared with the national average.
Research conducted by Colchester Retail and Business Association shows just eight per cent of town centre shops are vacant, compared with a 14 per cent national average.
Michelle Reynolds, chair of Colchester Retail Business Association, said: “Colchester is faring reasonably well set against other towns.
“Our shop occupancy rates are lower than elsewhere and people seem to like trading in Colchester.
“But it is also true to say that there are some people who are struggling.”
She added: “Colchester’s reputation has shielded it from the worst of the recession.
“We are a tourist destination, we are the oldest recorded town and I think businesses look at that and think ‘this is where we want to be’.”
The association conducts the research every three months.