Asked by: Baroness Boycott (Crossbench - Life peer)
Question to the Ministry of Housing, Communities and Local Government:
To ask Her Majesty's Government what assessment they have made of any disparity in high street rent rates between large chains and small businesses; what is the reason for any such difference in those rates; and whether they intend to introduce lower rent rates for small independent health food outlets on the high street.
Answered by Lord Bourne of Aberystwyth
The Department does not hold the information requested, as the level of rent paid by the tenant of a commercial property is agreed by the landlord and tenant on an individual basis. This information is not reported centrally. We do not currently have any plans to regulate the rents for small independent health food outlets on the high street.
At the Autumn Budget, we set out Our Plan to support the sustainable transformation of high streets, which included a £675 million Future High Streets Fund, to support local areas in England to invest in town centre infrastructure, to increase access to high streets and support redevelopment and densification around high streets.