Chris Goddard, a senior director at real estate firm GVA, said the Budget proposal is a “practical response to the massive oversupply of secondary retail stock”. He added: “There’s a huge amount of obsolete stock in the wrong location.”
quote from:
http://www.planningresource.co.uk/news/1175785/plan-ease-shop-conversion-rules/
Any wonder there’s “obsolete stock”?
What a cheek – they created it by recommending out of town retail parks!
