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HIGH STREETS

Government launches £10m fund for high street rental auctions

The Government hopes to encourage more councils to utilise high street rental auction powers with a £10m fund.

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By Martin Ford | 02 June 2026
© repic / shutterstock

The Government hopes to encourage more councils to utilise high street rental auction powers with a £10m fund.

Councils are able to auction leases for commercial properties that have been vacant for a year, with landlords obliged to accept winning bids.

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Martin Ford

Popular articles by Martin Ford

  1. Reorganisation deadline 'tight and frankly unreasonable'
  2. Three boroughs share chief 'in preparation for LGR'
  3. Unions call for 'urgent' pay talks
  4. Call for 'stronger role' for councils to tackle youth unemployment
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