Charge landlords more if Shops empty

Rather than letting shops lay empty, charge/fine the landlord for leaving a shop empty for more than 30 days.

 

Why the contribution is important

It would force/encourage landlords to reduce rents to a reasonable amount, and improve the numbers of shops.

It then shows a full high street or small town with vibrant new shops.

by CastletownIOM on April 07, 2017 at 02:35PM

Current Rating

5.0
Average score : 5.0
Based on : 4 votes

Comments

  • Posted by xt512 April 09, 2017 at 03:17

    empty hotel sites in Port Erin, Port St Mary and Douglas as far as I know attract no ratable value to the commissioners of the towns surly this is missing something when it is cheaper for a developer to demolish buildings and leave eye saws for years on end. Suggest a ratable value be applied to all buildings or plots regardless of their current use.
  • Posted by OldSailor April 10, 2017 at 22:32

    these are not going to save taxpayers any money, but I like the idea of providing better incentives for economic activity.
  • Posted by Maclirmanannan April 12, 2017 at 21:34

    Totally agree with top comment about removing the zero rated policy. All property is an asset and should have rates payable. Have no problem with sliding scale but must find incentive for property owners and best way is always financial incentive. Definitely generate revenue for govt.
  • Posted by ninjadispenser April 16, 2017 at 15:15

    Why should shops not have to pay rates if empty.I rent a house out and pay rates even if empty,and yes,I have reduced rent to enable a tenant to stay on as they are great tenant. Maybe a reduced rate for shop landlords but they should pay something at least.
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