Islington Council is set to explore the use of High Street Rental Auction powers to help bring empty shops on Caledonian Road back into use, following a recent council meeting.
Councillor Oliur Rahman BEM inquired about the timeline for utilising these powers during the Council meeting on Thursday, July 2, 2026. Councillor James Potts, Executive Member for Inclusive Economy and Planning, confirmed that the public consultation on the matter has concluded and that further information regarding the potential use of these powers would be shared.
The High Street Rental Auction powers are a tool that local authorities can use to address long-term vacant commercial properties. The aim is to bring these spaces back into active use, potentially offering new opportunities for residents and local businesses.
Councillor Potts indicated that more details would be forthcoming, suggesting that the council is moving forward with considering this option to revitalise the Caledonian Road high street.