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Enfield Council top business landlord

Published Tuesday, 18 November 2014

New figures show Enfield Council is open for business after it was revealed that of the 211 shops owned by the council only two remain unlet to businesses.

Two leading politicians says the sky high occupancy rates of over 98 per cent demonstrate Enfield is a business friendly place, and are calling on private landlords to do their bit by offering competitive rates for companies so that the whole borough can benefit from increasing business activity.

Enfield Council encourages industry, arranging pop up shops in empty units and supporting the refurbishment of the Enfield Business Centre. The council is also committed to creating 40,000 new jobs in the borough.

Cllr Alan Sitkin, Enfield Council’s Cabinet Member for Economic Development said “Enfield Council is working really hard to put together a package of measures to help businesses thrive in the borough.

“Our high occupancy rates show we are a business friendly council and our policies are helping to create vibrant, busy shopping areas, more jobs for local people, increasing affluence for our residents and businesses, and a thriving Enfield economy.

“A helpful side effect of thriving local businesses and high occupancy rates is that they help to maximise revenue for the council which provides us with additional money we can reinvest in vital council services.

“I’d like private landlords to do their bit for the economy and offer competitive rates to their business tenants so that industry continues to boom in Enfield.”

Cllr Andrew Stafford, Enfield Council’s Cabinet Member for Finance and Property said “Enfield Council’s property services ensure that when one of our business premises become empty that the unit is turned around and filled as quickly as possible. Empty shop units cost the council money and are an eyesore on the high street.

“Because the team have over a 98% let rate this is good news for our coffers in the way of rent and business rates, and great news for the vibrancy of our neighbourhood shops. This also proves that there is demand for retail units in Enfield, and the council’s high occupancy rate demonstrates that if a fair rent is charged we could significantly reduce the number of empty shops in the borough.”

 

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