Form and rules
How it works
Use there + be to introduce something new: There is a shop near here.
After you introduce the thing, use a normal pronoun such as it to refer to it: There is a shop. It is open.
Use it for weather: It's raining. It's cold.
Use it for time and dates: It's six o'clock. It's Monday.
Use it for distance: It's five kilometres from here to the airport.