In August 2023, 22 per cent of Haslingden’s 125 commercial units were empty, according to Rossendale Borough Council.
By April of this year, that number had fallen to 12.8 per cent.
The council says this transformation has been supported by a wave of new businesses choosing Haslingden, including Smash Burgers and Ninja Coffee.
These previously vacant commercial properties have also been successfully repurposed into residential use.
The council says this surge in businesses has led to a noticeable increase in footfall, with an average of 520 visitors per day since April 2024.
Councillor Nick Harris, lead member for regeneration at Rossendale Borough Council, said: “This is fantastic news and a clear sign that Haslingden’s regeneration is gaining real momentum.
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“A reduction in vacancy rates from 22 percent to 12.8 percent in under two years is a testament to the dedication of local stakeholders and the confidence independent businesses have in the town’s future.
“These figures are more than just statistics, they reflect the broader impact of sustained investment and strategic planning by the council.
“We’re committed to building on this progress to ensure Haslingden continues to thrive, attract visitors, and grow as a vibrant, resilient town centre.”
The council added the reduced vacancy rates reflect the success of initiatives such as the revitalisation of the market area and the Big Lamp Project.