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Retail vacancies surge in ULEZ expansion areas as reduced traffic hits sales

Leasing volumes plummet as changing shopping habits and policy affects shop vacancy in outer London
CoStar Analytics
July 14, 2025 | 6:00 AM

Vacancy rates for retail space in the London boroughs included in the 2023 ultra-low emission zone expansion have risen sharply over the last three years compared with the boroughs immediately beyond the expanded area.

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