High streetStreet rentalRental auctions:Auctions: Non-statutory guidance
This guidance outlines the full application of HSRA powers and is for use by local authorities and other interested parties.
Applies to England
Documents
Details
This guidance provides a comprehensive overview of how to apply High Street Rental Auctions (HSRAs), a new power introduced under the Levelling Up and Regeneration Act 2023. It aims to explain High Street Rental Auctions in detail from start to finish and should be used to guide all interested parties through the process. The guidance also includes downloadable annexes that local authorities and other parties are advised to edit and use throughout the process.
The guidance and annexes are intended to be used by local authorities concerned about vacant commercial premises in their area, commercial landlords and their lenders, businesses and community groups seeking a commercial space and commercial agents who may be responsible for running a High Street Rental Auction on behalf of a local authority.
The goal of High Street Rental Auctions is to reduce high street vacancies, boost local economies, and empower communities to revitalise their areas. The guidance is a key component to help affected parties mitigate the negative impacts of prolonged vacancies on high streets.
Find out more in the government’s response to the High Street Rental Auctions consultation.
Details
This guidance provides a comprehensive overview of how to apply High Street Rental Auctions (HSRAs), a new power introduced under the Levelling Up and Regeneration Act 2023. It aims to explain High Street Rental Auctions in detail from start to finish and should be used to guide all interested parties through the process. The guidance also includes downloadable annexes that local authorities and other parties are advised to edit and use throughout the process.
The guidance and annexes are intended to be used by local authorities concerned about vacant commercial premises in their area, commercial landlords and their lenders, businesses and community groups seeking a commercial space and commercial agents who may be responsible for running a High Street Rental Auction on behalf of a local authority.
The goal of High Street Rental Auctions is to reduce high street vacancies, boost local economies, and empower communities to revitalise their areas. The guidance is a key component to help affected parties mitigate the negative impacts of prolonged vacancies on high streets.
Find out more in the government’s response to the High Street Rental Auctions consultation.
Updates to this page
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To ensure HSRAs operate in line with the Land Registration Act 2002, the guidance has been updated to include recommendations for councils to enter a restriction on the affected property at the point of issuing a notice. The amendment also includes guidance on how councils can remove a restriction.
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First published.
Update history
2025-06-05 14:55
To ensure HSRAs operate in line with the Land Registration Act 2002, the guidance has been updated to include recommendations for councils to enter a restriction on the affected property at the point of issuing a notice. The amendment also includes guidance on how councils can remove a restriction.
2024-12-02 17:13
First published.