UK Fibre Update
UK fibre broadband specialist identifies empty business units across the UK that have huge potential for investment.
02:57 29 January 2020
Glide, a UK fibre broadband specialist, has identified thousands of unoccupied residential and commercial properties across the UK with the most opportunities for regeneration for investments.
Following a series of Freedom of Information (FOI) requests to local councils, Glide found that in September 2019, there were a total of 617,527 empty buildings across the UK. Birmingham emerged at the top of list with 8,086 residential properties and 7,622 commercial buildings in the city and its suburbs being empty.
Liverpool came in second with 15,339 unoccupied buildings. It was followed by Manchester, Leeds and Bradford, which currently has the highest number of vacant commercial properties. Birmingham has the second-highest number of empty commercial properties (7,622), followed by Leeds (4,528) and Liverpool (4,266).
A spokesperson from Glide said: “The research has revealed the high number of empty properties and businesses across the UK, particularly across some of the major northern Council areas.
“But whilst it is troubling to see so much wasted residential and commercial space, it does represent a clear opportunity for developers, and hopefully this study will help prospective investors pinpoint where there is the most potential for growth.”