High Street Rental Auction

High Street Rental Auction – What it means for Redcar & Cleveland

Redcar & Cleveland Borough Council are consulting with businesses and premises owners on the recent permissive power known as High Street Rental Auction.

High Street Rental Auctions have been developed by government to help Local Authorities tackle the issue of long-term vacant premises in Town Centres.

Redcar & Cleveland Borough Council have designated, through the Local Plan, Town Centre boundaries for the following five towns:

• Redcar
• Guisborough
• Saltburn
• Eston
• Loftus

The proposal to designate these areas as Town Centres for the purposes of the above legislation have been developed to assist in the improvement and regeneration of the town centre and shopping areas in the noted towns.

Redcar & Cleveland Borough Council may seek to exercise the right to pursue a High Street Rental Auction procedure on a commercial property or properties in the future, in-line with government guidance which is documented here: High Street Rental Auctions: Non-statutory guidance - GOV.UK

All properties within the boundaries identified will receive a consultation letter as attached.

Anybody wishing to comment upon the proposals can do so by emailing: rediscover@redcar-cleveland.gov.uk