An Economic Profile of the Glenrothes Area - Home Page

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Map 4: Location of Business Premises in the Glenrothes Area during 2010Source: Assessors data 2010, Kirkcaldy and Mid-Fife Local PlanRetailOne way of gauging the economic prosperity of an area is by the volume and types of retailerslocated there. As Investors tend to locate in areas where demand for their goods will be strong.Factors affecting a retailer’s decision to invest in an area include the age structure and the socioeconomicprofile of an area.• Glenrothes town centre provide the largest area of retail space, with around 38,000square metres of space.• Saltire Retail Park and Queensway offer about half of the space, at around 14,000 squaremetres.15
Map 5: Main Retail Areas and Floorspace in the Glenrothes Area during 2010Source: Goad, ExperianTable 6: Town Centre Retail Floorspace and Vacancy Rates during 2010Retail typeFloorspaceFloorspace(Sq m) (%)Comparison Goods 14,700 38.6Services 5,210 13.7Convenience Goods 5,010 13.2Food and Drink 2,580 6.8Supermarkets 2,350 6.2Charity 780 2.0Vacant 7,450 19.6Total 38,080 100.0Source: Goad, Experian (April 2010)• Comparison goods are non-perishable goods often stocked in a wide range of sizes,styles, colours and quantities, such as clothing, furniture, televisions and carpets.Comparison goods account for the largest share of floorspace in Glenrothes town centreat 38.6%.• Services and Convenience goods - goods which are widely distributed, relativelyinexpensive and can be purchased with the minimum of effort, such as petrol,newspapers, grocery items, buy both account for around 13%.• During 2010 over 80% of retail premises were occupied, with the vacancy rate averaging19.6%.16
Page 1 and 2: An Economic Profile of the Glenroth
Page 3 and 4: INTRODUCTIONEconomic profiles for t
Page 5 and 6: DEMOGRAPHICSPopulation and Socio-Ec
Page 7 and 8: Employment by Status• Around 90%
Page 9 and 10: Benefit Claimants• During 2010 th
Page 11 and 12: Figure 8: Number of JSA Claimants i
Page 13 and 14: • The Glenrothes area has a lower
Page 15: Table 4: Employment Land Take Up in
Page 19 and 20: • A £16 million redevelopment of
Page 21: Accommodation• The Glenrothes are

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