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UK Out of Town Retail & Leisure and Shopping Centre Property Insight. Setting the Gold Standard in Independent UK Retail and Leisure Property Research, Data and Insight for over 35 Years. Get in Touch Find out how Leading Businesses Trust Trevor Wood Associate's Definitive Guide Trevor Wood Associates works with the top retail & lesiure companies Going Shopping 2025 The Definitive Guide to Shopping Centres Executive Summary Available FREE Download Going Shopping 2025 the Definitive Guide to Shopping Centres Executive Summary First name Last name Phone Email Company Position Submit & download Click here to download the Going Shopping 2025 Executive Summary Discover How Trevor Wood Associates' Definitive Guide Platform Informs Optimal Decision Making. Site Finding Discover optimal retail locations effortlessly. Offering unrivalled insights into the UK's out of town retail & leisure and shopping centre locations. Covering location, owner, tenants, agents, lease, car parking, CVAs and more. Discover more Lease Comparison Make informed decisions with streamlined rent & lease analysis. With extensive lease data across the UK's out of town retail & leisure and shopping centre property. Discover more Lease Event Triggers Stay ahead of lease events. Take strategic action by tracking lease expirations, renewals, and other critical events, ensuring timely and proactive decision-making. Discover more Competitor Analysis Gain an edge with valuable competitor insights. Use data to assess market positioning, occupancy rates, lease terms, and more, allowing for informed decision-making and strategic advantage. Discover more Occupier Discovery Uncover the perfect tenants for your commercial space. With comprehensive occupier insights, including tenant schedules, locations and leasing preferences to enable effective tenant discovery and optimal space utilisation. Discover more Lead Generation Generate leads and expand your business. Offering detailed insights into potential prospects, empowering effective lead generation strategies for targeted marketing. Discover more Investment Appraisal Make informed site investment decisions. With valuable insights into market trends, property performance, financial analysis, and potential returns to support accurate site investment appraisals. Discover more Marketing Optimisation Optimise your marketing efforts. Identify and target potential sites that align with your business services, ensuring efficient and effective marketing campaigns that reach your desired audience and maximise your ROI. Discover more Steve Perrett, Cheetham & Mortimer "Trevor Wood's 'Definitive Guide' is the 'bible' form the Retail Warehouse property sector - easy to use and regularly referred to."

Retailer In the ever-changing world of retail real estate in the UK, we understand the unique challenges you face. From the ever-changing consumer landscape, technological advancements, and shifting market dynamics. All presenting unique challenges that require a strategic data driven approach. Finding the perfect location, negotiating favourable leases, and staying ahead of the c ompetition are vital to your success. With our extensive independent database and Definitive Guide insights platform at Trevor Wood Associates, we provide you with the data-driven tools to make informed decisions to help support your success. How The Definitive Guide Platform Helps: Site finding Lease comparison Competitor analysis Find out more How we can help retailers Since our establishment over 35 years ago, Trevor Wood Associates has been a trusted partner for retailers across the UK. Our data and insights platform and Definitive Guide publications have provided the invaluable support for site finding, rent comparison during lease negotiations and site selection, competitor analysis and much more. Our longstanding data history and extensive experience spanning decades has allowed us to provide the deep data insights our retail customers have come to rely upon. Whether you're looking to roll out new store locations or just find a single next perfect site. Enhance your position during a lease negotiation or determine your real estate competitive position in your sector our team and Definitive Guide platform is here to provide the data, analysis and insight to help. We pride ourselves on being a firm rooted in deep sec tor data expertise combined with the latest data technology and software to provide the data and analysis that helps turn big ideas into actionable insights. Above all, we're committed to building long-lasting success. We don't settle for the superficial; or here today-gone-tomorrow. We focus on deep well connected data and the tools to allow you to interrogate it successfully to help you deliver sustainable returns for years to come. If that sounds like your aim, please get in touch. Get in Touch Comprehensive datasets covering the UK With over 13,000+ UK out of town retail & leisure and schopping centre schemes (containing 80,000+ units) covered and a history spanning 35 years, our data is extensive. Our data starts at scheme name and covers address, postcode, GIA, year open, planning consent, car parking spaces, tenants and lease information. Together with details of ownership, management and letting agents along with contact names and links to property and agent websites. All in one highly searchable package. Discover more here

National & Local Authority & Agency Within national and local agency and government the need for up-to-date retail and leisure real estate data can be varied. However, no matter the need - from local area analysis to lease analysis and valuation to specific real estate projects, the requirement from us is always the same: Precise, reliable data to deliver expert assessment and valuation in the ever changing out-of-town retail & leisure, and shopping centre commercial real estate market. Our Definitive Guide insights platform stands as the UK's premier independent data and insights platform. It can be used by local and national agencies and authorities for rent comparison and lease assessment, specific investment appraisals, and bespoke local analysis. How The Definitive Guide Platform Helps: Lease comparison Investment appraisal Custom analysis Find out more How we can help national & local government agencies For over 35 years, Trevor Wood Associates has been the trusted partner of national and local government agencies in the UK, focusing on out-of-town retail & leisure and shopping centre real estate. Our comprehensive data and insights platform, along with our Definitive Guide publications, have been instrumental in lease assessments, valuations, and bespoke local projects. Whether you're managing a tribunal caseload, conducting assessments of the local retail & leisure market, or exploring retail & leisure real estate acquisitions in your area, Trevor Wood Associates provides a data and analytics solution. Tap into our extensive Definitive Guide platform to enrich your data resources and uncover valuable insights, driving informed decision-making. At Trevor Wood Associates, we take great pride in our sector data and state-of-the-art technology. With our wealth of interconnected data and the tools we've developed over decades, you'll be able to effectively explore and leverage our data, helping you to deliver on your next project . Get in touch with us to find out more. Get in Touch Comprehensive datasets covering the UK With over 13,000+ UK out of town retail & leisure and schopping centre schemes (containing 80,000+ units) covered and a history spanning 35 years, our data is extensive. Our data starts at scheme name and covers address, postcode, GIA, year open, planning consent, car parking spaces, tenants and lease information. Together with details of ownership, management and letting agents along with contact names and links to property and agent websites. All in one highly searchable package. Discover more here

“ Since the end of 2023, with even less development taking place, second-hand supply has meant the vacancy rate of Open A1 non-food units has dropped to 5.5% from 6.0%. A further 2.8 million sq. ft. of space is currently under offer with another 691,000 sq. ft. earmarked for non-retail redevelopment, meaning the percentage of space actually available to let is as low as 3.3% .” ” Retail warehousing vacancy rates in the UK have once again fallen, now at 5.1% at the end of Q2 2024 according to the latest research by Trevor Wood Associates (TWA), compared to 5.8% at the turn of the year and 5.6% at Q1 2024.The major contributor to the significant fall in vacancy is retailers continuing to take advantage of the amount of second-hand supply made available by various administrations and CVA’s, so far in 2024 over 0.95 million sq. ft. of vacant space has been taken and 3.889 million sq. ft. in total has opened or is due to open this year. The Grocery sector continues to thrive on established parks or retail warehouse sites with Lidl opening 129,000 sq. ft. out of town while Iceland and the food WAREHOUSE have added 112,000 sq. ft. and Farmfoods added over 98,000 sq. ft. of space to their portfolios. The usual suspects also continue to lead the way in taking vacant space, B & M have opened or have committed to open another 20 units and Home Bargains added another 269,000 sq.ft. to their portfolio. Pure Gym opened (or will open) another 172,000 sq. ft. and Sports Direct added another 6 units while Marks & Spencer and M & S Food Hall collectively added another 177,000 sq. ft. since the end of last year. The size of units and retailer requirements are also changing with over 459,000 sq. ft. of lettings in 2024 taken by retailers in units of 5,000 sq. ft. or below. We continue to see the rise of drive-thrus and drive-tos with Costa Coffee, Greggs, McDonald’s and Starbucks increasing their presence in the booming drive-thru market. After completing our analysis of the Q2 vacancy rate figure, Carpetright announced their administration on the 22nd July with 214 units on retail warehousing schemes accounting for over 1,978,000 sq. ft. of floorspace. Tapi have rescued 48 of those units, totalling 430,000 sq. ft. which has helped ease the impact of the administration. However, the remaining vacant units have temporarily increased the vacancy rate to 5.9%. This figure should be treated with caution as good quality retail warehousing space is in short supply and by the time we publish our Q3 figures later this year it’s very likely a considerable amount of this space will already be let or under offer. Image credits: William - stock.adobe.com

Learn more from the highlights of our latest research. Navigating Through Change: Resilience and Recovery The landscape of the OOT market is showing promising signs of stability. In the face of shifting inflation rates, rising costs, and interest rate changes, resilience has been the industry’s hallmark. Our detailed review sheds light on this resilience, highlighting a sector poised for recovery. The rebasing of rents and prices marks a significant milestone, signalling a sector that’s ready to move forward. Embracing Opportunities Despite the challenges of 2023 in the retail sector, including CVAs and administrations, their impact on the OOT market has been notably less severe than in previous years, underlining the sector’s robustness and adaptive capabilities. Leading the Way: Key Players and Emerging Dynamics Investment Management: The ascendancy of American company Realty Income as a premier investment manager in retail warehousing signifies a shift in the major players investing in the sector. Retail Parks Leadership: Consistency at the top echelons, with Middlebrook Retail & Leisure Park and Castlepoint Shopping Park maintaining their premier positions as flagship destinations. Letting and Managing Agents: The continued dominance of Curson Sowerby Partners and Savills in their respective areas reinforces their positions as industry leaders. A Diverse Landscape: Regional Insights and Market Nuances: Our in-depth analysis extends to the unique market dynamics across the UK. Notably, some regional frontrunners in investment management carve their niche outside the national top twenty, highlighting the distinct characteristics of regional markets. Retailer Evolution and Market Adaptations: Adapting to Change: Retailers such as Wilko and Argos shed space.  Whilst the growth of entities like Pure Gym and Home Bargains signals other retailers are still taking advantage of available floorspace. Looking Ahead: Promising Prospects Vacancy Rates and Market Appeal: The downtrend in vacancy rates, now at 5.6% for Q1 2024. Development Pipeline: Despite a slight contraction in the pipeline for new schemes, the fruition of several projects in 2023 adds floorspace into the market. In Conclusion: A base to move ahead from Our 2024 edition of The Definitive Guide to Retail & Leisure Parks offers a deep dive into the sector's present state and potential future, serving as the industry resource to help you navigate out of town retail.  Your complimentary copy of the key findings is free to download and subscription options to our in-depth analysis and data can be found at www.definitiveguide.co.uk. Join us in this ongoing conversation. We appreciate all of your feedback and inquiries as we continue to lead the industry with our out-of-town retail and leisure coverage.

“Although the vacancy rate has risen in the last quarter we are of the belief that this is a temporary blip and when we look at Q4 2023 and Q1 2024 figures we’ll see the trend of very low vacancy rates continue. The market is in short supply of quality retail warehousing in good locations and we expect the majority of the Wilko units will be snapped up by retailers with aggressive roll out plans looking to take advantage of these spaces made available” Retail warehousing vacancy rates in the UK have risen for the first time in over 2 years, now at 5.7% at the end of Q3 2023 according to the latest research by Trevor Wood Associates (TWA), compared to 5.4% at Q2 and 5.8% at Q1 2023. The major contributor to the rise is the administration and closure of Wilko in September 2023 which led to nearly 0.90 million square feet of retail warehouse space becoming vacant. This figure should be treated with some caution as a number of these units are under offer and B & M have confirmed they shall be opening in the units they’ve purchased steadily over the next 12 months. It’s interesting to note the figure has fallen within Bulky Goods units, they remained largely unaffected by the Wilko’s closures, now at 4.2% - the lowest we have ever recorded. The sharpest increase was felt within Open A1 including food schemes which rose to 5.8%, a one percent increase to the Q2 figure of 4.8% while Open A1 Non-Food fell slightly to 6.2% (6.3% at Q2). Overall 2.77 million sq. ft. of space is under offer with a further 530,000 sq. ft. earmarked for non-retail purposes, if we were to remove both of those from our figures the vacancy rate would fall towards 4.0%. Image credits: James - stock.adobe.com