BELFAST CITY CENTRE · Lisney’s findings in their commercial report for 2016 also chime with the purchasing managers index (PMI) from Ulster Bank for December, which said retail

BCCM SR No. 119 Vacant Units Report – January 2017

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BELFAST CITY CENTRE VACANT UNITS REPORT

JANUARY 2017


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Belfast City Centre Vacant Units Report – January 2017

BCCM SR No. 121

Sarah-Anne Attwood*

*c/o Belfast City Centre Management 2nd Floor Sinclair House 95 – 101 Royal Avenue Belfast BT1 1FE

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Contents

1. Introduction 1.1 Belfast Vacancy Rate

Figure One: Belfast vacancy rate comparative Jan 14- Jan 16

Table One: Belfast vacancy rate comparative Dec 14- Jan 17

1.2 National Vacancy Competitive Rates

Figure Two: Historical comparative data for Belfast, Northern Ireland & UK 2015-2016

Table Two: Belfast, Northern Ireland & UK comparative vacancy data Dec15 – Jan17

1.3 Comparative Regional Vacancy Rates

Figure Three: Belfast vacancy levels compared with other regional towns

1.4 Comparative Average Vacancy Rate Table Three: Belfast average vacancy rate 2015-2016 so far

Page 1 – 3

3 3

4 4

5

5

2. Results 2.1 Total Ground Floor Units

Pages 6 – 13

Figure Four: Belfast vacancy total aggregate (overall % comparable) Dec 15 – Jan 17 Table Four: Belfast vacancy total aggregate (overall % comparable) Dec 15 – Jan 17 2.2 Shopping Centre/Malls Table Five: Belfast Shopping Centre Vacancy Rates Jan 2017 2.3 BCCM Geographical Area Breakdown 2.3.1 Highest Street Vacancy Table Six: Top ten streets with the highest vacancy Jan 2017 2.3.2 Highest No Of Independent Retailers By Location Table Seven: Top 10 locations with highest number of independent retailers: Jan 2017 2.3.3 100% Occupancy

Table Eight: Streets with no VGFU Jan 2017

2.4 Changes to Vacancy Rates 2.5 Independent Retailers In Shopping Centres Figure Six: Belfast Shopping Centre Independent Retail Units Jan 2017 Table Nine: Belfast Shopping Centre Independent Retail Units Jan 2017

2.6 New and Closed Businesses

Table Ten: Businesses Closed Oct 16 – Jan 17

3. Bid Area Table Eleven: BID Ground Floor Vacant Units: January 2017

4. Conclusions 5. Recommendations Figure Seven: Images of Animated Vacant Premises in Belfast City Centre 2012

6 6

7 7 7-8 8

9

10 11 11 12-13

Page 13-14 13-14 15 16 16

6. Appendices Appendix One (BCCM Boundary) Appendix Two (BCCM Streets)

Pages 17-20 17 18-19

Appendix Three (BID One Boundary)

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1. Introduction

1.1 Belfast Vacancy Rate The results of the January 2017 survey recorded the ground floor vacancy rate within the BCCM geographical area as decreasing marginally by 0.88% to 17.06%. This equates to 12 property units in real terms. The graph below outlines the trend over the past two years for Belfast City Centre and indicates that the vacancy rate has been quite diverse from December 2014 until January 2017 respectively. The vacancy range during this period has been 17.06% at its lowest (in January 2017) to its highest at 18.89% (in September 2015). January 2017’s vacancy rate is the lowest since December 2014.

Figure One: Belfast vacancy rate comparative Dec 2014 - Jan 2017 (Source BCCM)

Date

Dec-14 Apr-15 Jun-15 Sep-15 Dec-15 Apr-16 Jun-16 Sep-16 Jan-17

Vacancy

17.30% 18.40% 18.97% 18.89% 17.80% 18.40% 18.81% 17.94% 17.06%

Table One: Belfast vacancy rate comparative Dec 2014- Jan 2017 (Source BCCM)

Declan Flynn, managing director of Lisney Northern Ireland said ‘‘The fall has been driven by the arrival of a string of new retailers, from Danish chain Sostrene Grene to Spanish fashion shop Stradivarius — and trade was also up due to the fall in sterling following the vote to leave the EU.’’

Lisney’s findings in their commercial report for 2016 also chime with the purchasing managers index (PMI) from Ulster Bank for December, which said retail in Northern Ireland expanded at its fastest rate for 14 years towards the end of 2016.

16.00%

16.50%

17.00%

17.50%

18.00%

18.50%

19.00%

19.50%

Dec-14 Apr-15 Jun-15 Sep-15 Dec-15 Apr-16 Jun-16 Sep-16 Jan-17

Belfast Vacancy Rate

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1.2 National Vacancy Comparative Rates Springboard’s research, published in February 2017, takes hand counted data from across mainland GB and Northern Ireland to provide a benchmark against which towns can measure themselves against (Figure Two). As noted in previous BCCM vacant unit reports, Belfast remains both above the UK and the Northern Ireland averages respectively. Belfast falls short of the UK benchmark by 7.66% and against the Northern Ireland benchmark by 3.06%.

Figure Two: Historical comparative data for Belfast, Northern Ireland and the UK 2015-2016 (Source: Springboard)

The table below identifies the quarterly vacancy rates for Belfast, Northern Ireland and the UK: December 2015 - January 2017.

Region / Date Dec-15 Apr-16 June-16 Sept-16 Jan-17

Belfast 17.8% 18.4% 18.81% 17.94% 17.06%

Northern Ireland 14.7% 14.7% 15.3% 14.5% 14.5%

UK 8.7% 9.6% 10.1% 9.5% 9.5%

Table Two: Belfast (Data collected by BCCM), Northern Ireland and UK (Data collected by Springboard) comparative vacancy data Dec15 – Jan17

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

14.00%

16.00%

18.00%

20.00%

Dec-15 Apr-16 Jun-16 Sep-16 Jan-17

Belfast, NI & UK Vacancy Rates

Belfast Northern Ireland UK

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1.3 Comparative Regional Vacancy Rates Compared to other regional towns, Belfast has a higher vacancy rate than Magherafelt, Cookstown, Maghera, Ballymena and Coleraine. Belfast has performed better this quarter than both Larne and Antrim (Figure Two). Regional towns such as Cookstown, Maghera, Ballymena, Coleraine, Belfast, Larne and Antrim are all below the UK average (9.5%) as recorded by Springboard.

Figure Three: Belfast vacancy levels compared with other regional towns (Springboard: January 2017)

1.4 Comparative Average Vacancy Rates

The current average vacancy rate for Belfast represents a small decrease of 1.32%

from 2016. Compared to 2015 the average vacancy rate has positively decreased by

1.27%.

Belfast’s average vacancy rate for January 2017 is 17.06%. When comparing this

figure to the Northern Ireland average for the year to date of 14.0% Belfast is below

the rest of the UK by 3.06%.

Year Average Vacancy Rate

2015 18.33%

2016 18.38%

2017 (to date) 17.06%

Table Three: Belfast average vacancy rate 2015-2017

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

Comparative Data Regional Towns

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2. Results

2.1 Total Ground Floor Units

In all there are 1201 ground floor units identified within BCCM’s geographical area (Appendix One). In real terms this is a decrease of 7 units overall on the last survey. The results of this survey are shown against the findings from the previous 4 reports (Figure Four). A total of 205 vacant units were recorded in January 2017 (Appendix Two - a decrease of 12 vacant units in real terms from the September 2016 survey). The vacancy rate for January 2017, therefore, is recorded as 17.06% for Belfast City Centre which is a small but yet encouraging decrease of 0.88% on the previous survey. The reduction in the total number of ground floor units has been due to demolition. Three buildings were demolished in upper North Street. Work has also begun on the former Athletic Stores building in Queen Street for student accommodation, the scheme has taken in the former EDCO building in Queen Street and also includes the former Parsons & Parsons building at Wellington Place, reducing this quantity from three to a single unit. The relocation of Nationwide from Bedford Street to Donegall Place has meant the previously vacant units occupied by Karen Millen, American Candy and Ticket Shop have been amalgamated.

Figure Four: Belfast vacancy total aggregate (overall % comparable) Dec 2015 – Jan 2017

Month Total Vacancies Total Aggregate (Overall %)

December 15 223 17.80%

April 16 228 18.37%

June 16 234 18.81%

September 16 217 17.94%

January 17 205 17.06%

Table Four: Belfast vacancy total aggregate (overall % comparable) Dec 2015 – Jan 2017

The results in the table above show a decrease in Belfast’s vacancy rate since June

2016, with the overall average at 17.97% and average of 221 total vacant units.

16.00%

16.50%

17.00%

17.50%

18.00%

18.50%

19.00%

Dec-15 Apr-16 Jun-16 Sep-16 Jan-17

Total Aggregate (Overall %)

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2.2 Shopping Centre/ Malls The figures related to shopping centres / malls were established during the survey. The changes from September 2016 to January 2017 are as follows: - CastleCourt’s vacancy rate has increased by 1.28% to 16.66% - Great Northern Mall’s vacancy rate has decreased by 5% to 0% - Spires Mall vacancy rate remains at 20% - Victoria Square’s vacancy rate has increased by 1.1% to 8.79% CastleCourt has the highest number of empty units with 13 (16.66%) currently vacant. The Great Northern Mall has no vacant units. Although CastleCourt has the highest number of vacancies Toys R Us relocated within the mall in November 2016 to the long vacated anchor unit previously occupied by TK Maxx.

Name of Centre Number of

Vacant Units % Vacancy Number of

Shop Units % Independent

Retailers

CastleCourt 13 16.66% 78 15.38%

Great Northern Mall 0 0% 18 66.70%

Spires Mall 3 20% 15 91.70%

Victoria Square 8 8.79% 91 4.81%

Table Five: Belfast Shopping Centre Vacancy Rates January 2017

2.3 BCCM Geographical Area Breakdown

Within the BCCM geographical area the top ten streets with the highest vacancy (Table Five) have been identified. The ten streets made up of the most independent retailers (Table Six) and the streets with 100% ground floor occupancy (Table Seven) have also been identified.

2.3.1 Highest Street Vacancy

Great Victoria Street has the most vacant units within the BCCM geographical area (21 units). There are however a number of planning applications that have been submitted including South Bank Square as a mixed use development on one acre between Great Victoria Street and the Dublin Road. Also permitted is the demolition of the church and development of a new ten storey building with church and ancillary halls to ground and first floor, offices on floors two to ten and basement parking. There is also the Belfast Transport Hub which involves the redevelopment of the Europa Bus Centre, Great Victoria Street Train Station and surrounding land (c20 acres) at Grosvenor Road. Translink proposes to develop the entire site to include an integrated transport hub, engineering facilities, bus parking, an office building for the Translink group and approximately 1 million sq. ft. of mixed use development. It will deliver state of the art links to national and international markets, provide investment opportunities, create new jobs, reduce congestion, and share and support Belfast’s economy. North Street (upper) is the second most vacant street within the BCCM geographical area. However since the last report three buildings at 95 - 107 have been demolished for future development.

4

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Public consultation is taking place in February for the Royal Exchange development programme which is proposed for the Royal Avenue area. Royal Exchange is a planned development of up to 250,000 sq ft of retail space alongside restaurants, bars, cafés, art and leisure, apartments, offices and car parking.

Street Name No. VGFU No. GFU % Vacancy Rate

Great Victoria Street 21 62 33.90%

North Street (upper) 15 23 65.21%

Royal Avenue 10 53 18.86%

North Street (lower) 9 32 28.13%

Queen Street 7 25 28%

Lower Garfield Street 6 8 75%

Wellington Place 6 27 22.22%

Shaftesbury Square 5 17 29.40%

Chichester Street 5 25 20%

Donegall Street Upper 5 27 18.51%

Table Six: Top 10 streets with the highest vacancy: January 2017

2.3.2 Highest Number of Independent Retailers by Quantity & Location Table Seven identifies locations with the highest numbers of independent retailers. Castle Street has the most independent retailers within the BCCM geographical area (27). Smithfield is a permanent indoor market and is included in this section of the report as, significantly, it is 100% occupied by independent businesses. A total of 54.81% of ground floor-based businesses within the BCCM geographical area are independently owned, a decrease of 1.19% on the September 2016 report.

Street Name No of Independent

Retailers % of

Independents

Castle Street 27 75%

Smithfield 25 100 %

Royal Avenue 24 55.81%

Dublin Road 22 68.8%

Great Victoria Street 22 53.7%

Church Lane 20 95.23%

Donegall Street (lower) 19 76%

Donegall Street (upper) 19 70.37%

High Street 17 48.57%

Queen Street 15 83.33%

Table Seven: Top 10 locations with highest number of Independent retailers: January 2017

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2.3.3 100% Occupancy The survey also identifies streets which have no vacant ground floor units (VGFU).

Street Name 100% Occupancy

GFU

Amelia Street Y

Arthur Square Y

Bank Street Y

Bank Square Y

Bank Street Y

Bankmore Square Y

Berry Street Y

Bridge Street Y

Church Street Y

Clarence Street West Y

College Court Y

Crown Entry Y

Downshire Place Y

Fisherwick Place Y

Fountain Lane Y

Franklin Street Y

Harmony Street Y

Howard Street Y

Joys Entry Y

Kent Street Y

Keylands Place Y

Library Street Y

Linenhall Street West Y

Little Donegall Street Y

Pattersons Place Y

Skipper Street Y

William Street South Y

Wilsons Court Y

Winecellar Entry Y

Table Eight: Streets with no VGFU January 2017

A total of 28 streets are fully occupied within the BCCM geographical area. The total number of streets within the BCCM geographical area is 84 which means that a third (33.33%) of streets have 100% occupancy of their ground floor units.

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2.4 Changes to Vacancy Rates

The breakdown in vacancy rates (by street) can be seen in Appendix Two. Direct comparisons with the previous report suggest that there has been small change in most locations.

There has been no change at:

There have been decreases at:

There have been increases at:

Amelia Street

Arthur Square

Arthur Street

Bank Square

Bank Street

Bankmore Square

Bedford Street

Berry Street

Bridge Street

Callender Street

Castle Lane

Castle Street

Chichester Street

Church Lane

Church Street

Clarence Street

Clarence Street West

College Court

College Square East

College Street

Cornmarket

Crown Entry

Donegall Street (Upper)

Donegall Square East

Donegall Square North

Downshire Place

Ann Street

Bruce Street

Brunswick Street

Castle Place

Chapel Lane

Donegall Place

Donegall Street (lower)

CastleCourt

Donegall Square South

Donegall Square West

Great Victoria Street

Hope Street

Dublin Road

Fisherwick Place

Fountain Lane

Franklin Street

Gresham Street

Harmony Street

High Street

Howard Street

James Street South

Joys Entry

Kent Street

Keylands Place

Library Street

Linenhall Street

Linenhall Street West

Little Donegall Street

Little Victoria Street

Lombard Street

Lower Garfield Street

Patterson’s Place

Pottingers Entry

Queen’s Arcade

Royal Avenue

Skipper Street

Smithfield

Smithfield Square North

Union Street

Upper Church Lane

Upper Queen Street

Waring Street

Wellington Street

William Street South

Wilsons Court

Winecellar Entry

Winetavern Street

Great Northern Mall

North Street Upper

Queen Street

Upper Arthur Street

Victoria Square

Wellington Place

North Street (lower)

Rosemary Street

Shaftesbury Square

Spires Mall

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2.5 Independent Retailers in Shopping Centres

The percentage and number of independently owned businesses within shopping centres has also been calculated. Since the previous survey there has been increases in independents at CastleCourt (by 4 units) and also the Great Northern Mall (by 1 unit) and Spires Mall (by 1 unit). Victoria Square’s independent rate has remained the same.

Figure Six: Belfast Shopping Centre Independent Retail Units January 2017

Name of Centre Number of Independents % Independents

CastleCourt 10 15.38%

Great Northern Mall 12 66.70%

Spires Mall 11 91.70%

Victoria Square 4 4.81%

Table Nine: Belfast Shopping Centre Independent Retail Units January 2017

2.5.1 As referred to in 2.3.2 within the BCCM geographical area 546 ground floor units are

independently owned (54.81%), confirming that over half of ground floor-based businesses within Belfast City Centre are independently owned. Belfast City Council recognises the need to support independent businesses and provides support programmes on a regular basis. These programmes include:

Planning for Growth: Designed to give businesses the tools knowledge, skills and confidence to help businesses grow and to create continued business development.

Go Social: Uses innovative approaches to find and explore new ideas that could support independent retailers in developing a new social enterprise or cooperative.

Revitalise: Designed to develop and enhance business skills, partnered with some of the top high street brands, including Boots UK, Marks & Spencer and Santander, a programme tailored specifically for independent retailers.

0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%

80.00%

90.00%

100.00%

CastleCourt Great Northern Mall Spires Mall Victoria Square

% Independent Retailers

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2.6 New and Closed Businesses

This table refers to businesses which opened or closed within the BCCM geographical area from October 2016 - January 2017.

Table Ten: Businesses Opened & Closed October 2016 – January 2017

A total of 16 businesses closed between October 2016 to January 2017. However by comparison five multinational retailers opened during the same time period including:

- Sostrene Grene (Ann Street) - Patisserie Valerie (Castle Lane) - Sports Direct (Castle Place) - Nationwide (Donegall Place) - Shruopody (Ann Street)

And 11 independent businesses opened between October 2016 to January 2017 including:

- Bullitt Hotel (Church Lane) - Discount Stores (Castle Street) - Ora Ora (CastleCourt) - White Dragon Tattoo (Fountain

Street) - The Sagart (Church Lane)

- Studio Souk Pop Up (CastleCourt)

- Joker Tattoo Studio (Royal Avenue)

- Tapitas Upper (Arthur Street) - YuGo (Wellington Street) - Kukri (Victoria Square)

Street Name Date of Closure Street No & Business Name

Castle Street 30/10/2016 # 74 The Bed Shop

CastleCourt 30/11/2016 # 38 Young of Art

Donegall Street Lower 09/01/2017 # 18 Clifton Services

Donegall Square West 01/11/2016 #1 The Sony Centre

Great Victoria Street 30/12/2016 # 98-102 The Corner

12/01/2017 #119 Smyth’s Furniture

05/01/2017 125 Bliss Beauty Room

North Street 09/01/2017 # 11 J Braddells

09/01/2017 # 14–16 Lost Soul Tattoo

Rosemary Street 09/01/2017 # 9 Arthurs Coffee House

09/01/2017 # 1 Co-op Travel

Royal Avenue 29/12/2016 #72 Emer Gallery (Pop Up)

Smithfield Square Nth 13/10/2016 #1 Fix and Co

Spires Shopping Mall 02/12/2016 Maryrose McGrath

Victoria Square 09/01/2017 Chiquito

Wellington Street 01/01/2017 #5 Yoke

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These additions helped to create over 200 new jobs within Belfast City Centre, including the Bullitt Hotel in October 2016 which created 100 jobs. The 45 room 4 star hotel is the latest offering from the Beannchor Group. The £7 million re-development of the former Lagan House includes three bars, a courtyard garden, 68-seater restaurant ‘Taylor and Clay’, an espresso bar and a private event space. The hotel is also due to expand the number of hotel rooms in 2017. 3. Bid Area The Belfast One Business Improvement District (BID) has been established since April 2016 and aims to improve the trading environment within its geographical area by making it cleaner, more accessible, safer; and helping to drive down business costs. Vacant units within the Belfast One BID area (Appendix Three) are as follows:

Jan-17

Street No. of GFU No. of VGFU

Ann Street 30 3

Arthur Square 5 0

Arthur Street 14 1

Bank Square 0 0

Bank Street 2 0

Berry Street 7 0

Bridge Street 12 0

Callender Street 7 3

CastleCourt 78 13

Castle Lane 16 3

Castle Place 11 2

Castle Street 41 5

Chapel Lane 7 1

Chichester Street 25 5

Church Lane 23 2

College Street 18 2

Cornmarket 10 1

Crown Entry 1 0

Donegall Place 34 2

Donegall Square East 10 4

Donegall Square North 8 1

Donegall Square South 7 2

Donegall Square West 8 1

Fountain Lane 1 0

Fountain Street 21 3

Gloucester Street 6 1

Gresham Street 16 5

High Street 35 1

Howard Street 15 0

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Joys Entry 1 0

Lombard Street 9 1

Lower Garfield Street 8 6

May Street 16 4

Montgomery Street 8 2

North Street (lower) 14 5

Pattersons Place 1 0

Pottingers Entry 9 1

Queen Street 25 7

Queen's Arcade 11 1

Rosemary Street 21 3

Royal Avenue (lower) 35 8

Smithfield Square North 4 1

Upper Arthur Street 15 4

Upper Queen Street 8 2

Victoria Street 7 2

Victoria Square 91 8

Wellington Place 27 6

Wellington Street 6 1

William Street South 4 0

Wilsons Court 3 0

Winecellar Entry 2 0

Total 793 123

Table Eleven: BID Ground Floor Vacant Units: January 2017

There are 123 vacant ground floor units within the BID geographical area, which makes the vacancy rate 15.51%. This is a decrease of 1.13% on the September 2016 report and equates to 6 units in real terms. CastleCourt contains the highest number of vacant units within the Belfast One BID area (13 units) followed by Victoria Square and Royal Avenue (lower) with 8. Compared to Belfast City Centre’s overall vacant rate of 17.06% the Belfast One BID area is better by 1.55%.

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4. Conclusions

4.1 The overall number of ground floor vacant units recorded in this survey has decreased

by 8 units in real terms; this is due to demolition e.g. Queen Street student accommodation; and expansion into adjoining units e.g. Nationwide in Donegall Place. The figure of 17.06% ground floor vacant units remains much higher than the UK benchmark of 9.5% and the regional average of 14.5% as recorded by Springboard. It is clear that Belfast continues to lag behind the rest of the UK.

4.2 January 2017’s vacancy rate of 17.06% is, positively, the lowest since December 2015. 4.3 The Belfast Streets Ahead Phase 3 project will begin mid-2017. With the overall aim

of refurbishing the public realm, including new paving, lighting, landscaping, street furniture and public art, the regeneration project will deliver high quality streetscape and open spaces that will contribute positively to the economic and social vitality of Belfast City Centre, complementing the Ulster University’s development of its campus at York Street.

4.4 The Royal Exchange development should help to improve the number of vacant units

in the North Street area. Castlebrooke Investments will deliver a £400 million mixed-use project of around 800 000 sq ft which will deliver up to 250,000 sq ft of retail space alongside restaurants, bars, cafés, art and leisure uses, apartments, offices and car parking bounded by Royal Avenue, Donegall Street, North Street, Lower Garfield Street and High Street. The project is due to commence in 2017 and complete by 2022.

4.5 It is reported in the media that the management of the Spires in Fisherwick Place intend

to refurbish the interior of the building in 2017 in order to focus on facilitating conferences. This will result in the removal of most of the ground floor retail units (there are currently 15); however, this may in turn result in the occupancy of vacant units in other parts of the city centre by affected businesses.

4.6 As part of the Belfast Agenda, Belfast City Council’s plans for the next four years

include creating 15,000 new jobs; attracting new investment and businesses and supporting businesses to grow and export; and reducing economic inequalities across the city. Also included within the agenda is the aim to home to an additional 70,000 residents.

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5. Recommendations 5.1 The concept of the ‘pop up’ shop contributed positively to the occupation of vacant

units for this report. This is an annual trend as Christmas provides the opportunity to capitalise on consumer spend. However, given the number of vacant premises, in the current economic climate, it is important that the concept of ‘pop up’ shops continues to be facilitated and supported, with additional incentives created to encourage more ‘pop up’ shops at other times of the year.

5.2 As 54.81% of ground floor businesses within the BCCM boundary of Belfast City

Centre are independently owned, it is important that free business support programmes available to SME’s continue, such as those provided by Belfast City Council e.g. the ‘Revitalise’ programmes and also events that promote independently owned businesses such as ‘Small Business Saturday’.

5.3 Given the high level of vacant units (particularly long-term vacant units) in areas such

as Great Victoria Street, North Street and Queen Street, funding should be made available to animate vacant properties. A similar project was successfully delivered in 2012 by BCCM to improve the aesthetics of areas in which long-term vacant properties were based.

Figure Seven: Images of Animated Vacant Premises in Belfast City Centre 2012

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Appendix One: BCCM Boundary (highlighted in red)

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Appendix Two: BCCM Streets

BCCM GEOGRAPHICAL AREA Jan-17

GFU: Ground floor units VGFU: Vacant ground floor units IND: Independents

No. GFU No.

VGFU IND. % VACANT % IND.

Amelia Street 6 0 2 0.00% 33.30%

Ann Street 30 3 9 10.00% 33.33%

Arthur Square 5 0 0 0.00% 0.00%

Arthur Street 14 1 3 7.14% 23.07%

Bank Square 0 0 0 0.00% 0.00%

Bank Street 2 0 2 0.00% 100.00%

Bankmore Square 1 0 1 0.00% 100.00%

Bedford Street 24 2 10 8.30% 45.50%

Berry Street 7 0 7 0.00% 100.00%

Bridge Street 12 0 8 0.00% 66.66%

Bruce Street 7 2 5 28.60% 100.00%

Brunswick Street 7 1 3 14.30% 50.00%

Callender Street 7 3 2 42.85% 50.00%

Castle Lane 16 3 2 18.75% 15.38%

Castle Place 11 2 1 42.85% 11.11%

Castle Street 41 5 27 12.19% 75.00%

CastleCourt 78 13 10 16.66% 15.38%

Chapel Lane 7 1 4 14.28% 66.66%

Chichester Street 25 5 11 20.00% 55.00%

Church Lane 23 2 20 8.69% 95.23%

Church Street 6 0 5 0.00% 83.33%

Clarence Street 3 2 1 66.70% 100.00%

Clarence Street West 3 0 0 0.00% 0.00%

College Court 3 0 3 0.00% 100.00%

College Square East 5 2 3 40.00% 100.00%

College Street 18 2 11 11.11% 68.80%

Cornmarket 10 1 3 10.00% 33.33%

Crown Entry 1 0 0 0.00% 0.00%

Donegall Place 34 2 0 5.88% 0.00%

Donegall Street (lower) 29 4 19 13.79% 76.00%

Donegall Street (upper) 27 5 19 18.51% 70.37%

Donegall Square East 10 4 4 40.00% 66.70%

Donegall Square North 8 1 2 12.50% 28.60%

Donegall Square South 7 2 3 28.60% 60.00%

Donegall Square West 8 1 2 12.50% 28.60%

Downshire Place 1 0 0 0.00% 0.00%

Dublin Road 37 5 22 13.50% 68.80%

Fisherwick Place 1 0 0 0.00% 0.00%

Fountain Lane 1 0 1 0.00% 100.00%

Fountain Street 21 3 13 14.90% 72.20%

Franklin Street 2 0 0 0.00% 0.00%

Great Northern Mall 18 0 12 0.00% 66.70%

Great Victoria Street 62 21 22 33.90% 53.70%

Gresham Street 16 5 10 31.25% 90.90%

Harmony Street 1 0 1 0.00% 100.00%

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High Street 35 1 17 2.85% 48.57%

Hope Street 2 1 1 50.00% 100.00%

Howard Street 15 0 12 0.00% 80.00%

James Street South 7 1 5 14.30% 83.30%

Joys Entry 1 0 1 0.00% 100.00%

Kent Street 0 0 0 0.00% 0.00%

Keylands Place 1 0 1 0.00% 100.00%

Library Street 1 0 1 0.00% 100.00%

Linenhall Street 18 2 10 11.10% 62.50%

Linenhall Street West 1 0 1 0.00% 100.00%

Little Donegall Street 3 0 2 0.00% 66.70%

Little Victoria Street 6 2 4 33.30% 100.00%

Lombard Street 9 1 6 11.10% 75.00%

Lower Garfield Street 8 6 2 75.00% 100.00%

North Street (lower) 32 9 15 28.13% 65.27%

North Street (upper) 23 15 8 65.21% 100.00%

Pattersons Place 1 0 1 0.00% 100.00%

Pottingers Entry 9 1 8 11.11% 100.00%

Queen Street 25 7 15 28.00% 83.33%

Queen's Arcade 11 1 10 9.09% 100.00%

Rosemary Street 21 3 9 14.28% 50.00%

Royal Avenue 53 10 24 18.86% 55.81%

Shaftesbury Square 17 5 3 29.40% 25.00%

Skipper Street 3 0 3 0.00% 100.00%

Smithfield 28 3 25 10.71% 100.00%

Smithfield Square North 4 1 3 25.00% 100.00%

Spires Mall 15 3 11 20.00% 91.70%

Union Street 13 3 9 23.07% 90.00%

Upper Arthur Street 15 4 10 26.66% 90.90%

Upper Church Lane 4 2 2 50.00% 100.00%

Upper Queen Street 8 2 3 25.00% 50.00%

Victoria Square 91 8 4 8.79% 4.81%

Waring Street 13 2 7 15.38% 63.63%

Wellington Place 27 6 13 22.22% 61.90%

Wellington Street 6 1 4 16.70% 80.00%

William Street South 4 0 1 0.00% 25.00%

Wilsons Court 3 0 2 0.00% 66.60%

Winecellar Entry 2 0 2 0.00% 100.00%

Winetavern Street 11 2 8 18.18% 88.88%

Total Total Total Av Total Av Total

1201 205 546 15.01% 64.44%

17.06 54.81 19.


19. 18.

Appendix Three: BID One Boundary (highlighted in pink)

20.

Documents

BELFAST CITY CENTRE · Lisney’s findings in their commercial report for 2016 also chime with the purchasing managers index (PMI) from Ulster Bank for December, which said retail