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BCSC INDUSTRY SENTIMENT SURVEY JULY 2010
1. Default Section
1
. Which sub-sector of the retail property sector do you work in?
Which sub-sector of the retail property sector do you work in?
Owner
Occupier/retailer
Investor
Agency
Architecture
Construction
Quantity surveying
Shopping centre management
Facilities management
Research
Marketing/PR
Commercialisation
Law
Planning
Environmental consultancy
Public sector
Other (please specify)
2
. Overall, are you feeling more negative or more positive than you felt about the prospects for the retail property industry at the same time last year?
Overall, are you feeling more negative or more positive than you felt about the prospects for the retail property industry at the same time last year?
More negative
More positive
The same
3
. What do you think have been the main challenges facing the retail property industry so far this year? (you may choose more than one option)
What do you think have been the main challenges facing the retail property industry so far this year? (you may choose more than one option)
Uncertainty surrounding the General Election
Lack of capital/lending from banks for future development and/or refurbishment
Lack of support from local authorities to facilitate development
Complying with environmental legislation
The cost of vacant property
Other business rates pressures – e.g. revaluation
Downturn in consumer confidence
Other (please specify)
4
. What do you think the key issues will be in the second half of the year? (you may choose more than one option)
What do you think the key issues will be in the second half of the year? (you may choose more than one option)
Lack of capital/lending from banks for development and/or refurbishment
Lack of support from local authorities to facilitate development
Complying with environmental legislation
The cost of vacant property
Other business rates pressures – e.g. revaluation
Changes to planning policy, and the removal of the Regional Development Agencies (RDAs)
The impact of Government’s decentralisation/localism agenda
Public sector cuts
The future increase in VAT
Other (please specify)
5
. Do you think retailers will benefit from a rise in sales in the run-up to the VAT increase in January 2011?
Do you think retailers will benefit from a rise in sales in the run-up to the VAT increase in January 2011?
Yes
No
Same level of sales
6
. If you are an retailer, how are you preparing for the VAT rise?
(you may choose more than one option)
If you are an retailer, how are you preparing for the VAT rise? (you may choose more than one option)
Reviewing your own costs/suppliers to reduce margins
Planning sales promotions/incentives for customers in the run-up to Christmas
Reviewing products to see where you can minimise the need to pass on the additional price rise
We will not be passing on any of the cost to customers
Other (please specify)
7
. How do you see physical stores fitting into the world of multi-channel retailing? Over the next five years, do you think retailers will need:
How do you see physical stores fitting into the world of multi-channel retailing? Over the next five years, do you think retailers will need:
More physical stores
Less physical stores
Around the same
8
. Do you think the slowdown in the retail property development pipeline will have an impact on the ability of retailers to secure the right kind of retail floorspace over the next five to ten years?
Do you think the slowdown in the retail property development pipeline will have an impact on the ability of retailers to secure the right kind of retail floorspace over the next five to ten years?
There will be an impact – there will not be enough of the right space in the future
There will be minimal impact – there is plenty of supply in the market to meet current and future demand
Other (please specify)
9
. What single most important thing would you like to see the new coalition Government tackle or initiate to help support the retail property industry over the next five years? (choose one option only)
What single most important thing would you like to see the new coalition Government tackle or initiate to help support the retail property industry over the next five years? (choose one option only)
Put more pressure on banks to lend for capital expenditure and investment/development of sites
Provide flexibility for local authorities to explore local investment models such as TIFs
Abolish empty rates
Provide relief for other business rates
Provide more support for businesses to comply with sustainability legislation
Provide more resources for local authorities to cope with changing planning policy
Reverse the planned increase in VAT
Other (please specify)
10
. Will you be attending this year’s BCSC Conference & Exhibition in Manchester, from 1-3 November?
Will you be attending this year’s BCSC Conference & Exhibition in Manchester, from 1-3 November?
Yes
No
Undecided
11
. Please enter your name, organisation and contact details to be entered into the prize draw.
Please enter your name, organisation and contact details to be entered into the prize draw.
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