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Unlock the power of data for your retail commercial property work with Trevor Wood Associates. For over 35 years, we have been a leading authority in the UK retail industry, offering comprehensive insights and analysis. Our data-driven solutions help you navigate the ever-changing market and stay ahead of the competition. Discover the power of our extensive database and insights platform and make smarter commercial property decisions. 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 the Definitive Guide to Retail & Leisure Parks 2025 Executive Summary First name* Last name* Phone* Email* Company* Position* Submit & download 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."

Search Trevor Wood Associates. Explore the latest out of town retail & leisure and shopping centre industry data and analysis. Discover trends, market analysis, and expert opinions to enhance your retail & leisure strategy. Gain valuable insights on the market. Stay ahead of the curve with Trevor Wood Associates. Search Trevor Wood Associates

Discover the UK out-of-town retail & leisure and shopping centre property market with our Definitive Guide platform. Trusted for over 35 years, our comprehensive analysis and data empower the UK retail & leisure property industry to make informed decisions and drive success. Start exploring now. Search and analyse UK out of town retail & leisure and shopping centre property with our Definitive Guide platform For over 35 years, our Definitive Guide analysis & data has been trusted by the UK retail & leisure property industry to help make better decisions. Start my free trial Request demo Search our 13,000+ UK schemes & 80,000+ units Advanced map search with filters, regions, polygon distance and location tools allow you to refine your areas of interest. And when you are ready, save your searches and return to them later Review Schemes and Units in detail Dive into the detail of the schemes of interest to you. With over 80,000 units covered - understand Scheme specifics, tenants, unit schedules, agent and owner contacts and more... Analyse Out of Town Retail & Shopping Centres Go in depth into the market, analyse key trends and combine our data into the charts you need, from owners and letting agents to vacancy rates. Create Projects to manage your team and sites Add your locations to your own, projects and invite your team members to review and collaborate. Receive alerts when updates happen to your project’s sites 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 but an increase in second-hand supply has meant the vacancy rate of Open A1 non-food units has risen to 5.8% from 5.5%. A further 3.1 million sq. ft. of space is currently under offer with another 632,000 sq. ft. earmarked for non-retail redevelopment, meaning the percentage of space actually available to let is as low as 3.5% .” Retail warehousing vacancy rates in the UK have risen, now at 5.4% at the end of Q3 2024 according to the latest research by Trevor Wood Associates (TWA), compared to 5.1% at Q2, 5.6% at Q1 2024 and 5.8% at Q4 2023. The major contributor to the increase in vacancy is Carpetright’s administration announcement on the 22nd July and subsequent closure. At the time their coverage included 214 units on retail warehousing schemes accounting for over 1,978,000 sq. ft. of floorspace, 172 part or whole units remain vacant accounting for over 1,626,000 sq. ft. of floorspace.   The Grocery sector continues to thrive on established parks or retail warehouse sites with Lidl opening 180,000 sq. ft. out of town while the food WAREHOUSE have added 152,000 sq. ft. and Farmfoods added over 159,000 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 24 units and Home Bargains added another 339,000 sq.ft. to their portfolio. Pure Gym opened (or will open) another 252,000 sq. ft. and Sports Direct added another 6 units, Go Outdoors opened another 186,000 sq. ft. while Marks & Spencer and M & S Food Hall collectively added another 218,000 sq. ft. since the end of last year. The size of units and retailer requirements are also changing with over 444,000 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 Q3 vacancy rate figure, Homebase announced their administration on the 13th November with 133 units on retail warehousing schemes accounting for over 4,598,000 sq. ft. of floorspace. The Range have committed to rescuing up to 70 of those units and Sainsbury’s have acquired 11 more with the possibility of a further 3 units which will help ease the impact of the administration. This may lead to a temporary spike in the vacancy figure but should be treated with caution as good quality retail warehousing space is in short supply and by the time we publish our Q4 figures in Spring next year it’s very likely a considerable amount of this space will already be let or under offer. Image credits: Nigel - stock.adobe.com

“ 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.