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- Definitive Guide Platform | Trevor Wood Associates - Definitive Guide
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
- Retailer | Trevor Wood Associates - Definitive Guide
Gain a competitive edge in the UK retail industry with Trevor Wood Associates. Access our extensive database and insights platform tailored for retailers. Make data-driven decisions, find prime locations, negotiate favourable leases, and outshine your competition. Discover how our trusted solutions can fuel your retail success. 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
- Publications | Trevor Wood Associates - Definitive Guide
Discover the Definitive Guide publications by Trevor Wood Associates. Delve into our authoritative resources that provide unparalleled insights into the UK retail property industry. From the renowned Definitive Guide to Retail & Leisure Parks to the comprehensive analysis of shopping centres in Going Shopping, our publications offer a wealth of information derived from our extensive dataset. Stay ahead of the curve with market trends, tenant analysis, vacancy rates, and more. Publications Comprehensively updated data and analyses, our Defintive Guides to retail & leisure and Shopping Centres reviews have been in continuous circulation since 1987. Known as the 'industry bible'. Buy Publications Definitive Guides to Retail & Leisure and Shopping Centres Our flagship reviews contain comprehensively updated analyses including national ranking tables with up to a 10 year time series with detailed reviews of each scheme. The reviews include national and regional tables showing leading tenants, letting agents, managing agents, investment managers and direct property owners. Learn more Our Current Publications The industry bible Comprehensively updated and published annually Buy publications Definitive Guide to Retail & Leisure Executive summary download Definitive Guide to Shopping Centres (Going Shopping) Executive summary download Need more data, analysis and insight? Our Definitive Guide platf orm covers over 13,000 UK out of town retail & leisure and schopping centre schemes (containing 80,000+ units). 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
Insights (93)
- TREVOR WOOD ASSOCIATES REPORTS FALL IN RETAIL WAREHOUSING VACANCY RATES
Retail warehousing vacancy rates in the UK fell to 4.8% at the end of 2025 according to the latest research by Trevor Wood Associates, the lowest ever recorded. Since the previous low of 4.9% at the end of 2017, the vacancy rate rose to 6.4% at the end of 2024 but by the middle of 2025 this had decreased to 6.0% before falling much further to 4.8% at the end of the year. Liz Williamson of Trevor Wood Associates commented: “Following the limited amount of CVA’s and Administrations the amount of “Second-hand” supply fell significantly during 2025. This was further compounded by a lack of new developments or scheme extensions coming forward, resulting in a constrained supply pipeline. Consequently, when space does become available following retailer closures, it is typically re-let almost immediately”. The Q4 2025 vacancy rate is now 4.8% which is lower than the previous record low vacancy rate of 4.9% recorded eight years ago. The largest decrease saw the rate for Bulky or Restricted units crash from 6.7% to 4.1% with the Open A1 Non Food rate sinking to 5.1% from 6.6% and the Open A1 vacancy rate fell to 5.2% from 6.0%, confirming the demand for quality units. A significant proportion of retail warehouse space vacated over the years by failed retailers continues to be successfully re-let, while a sizeable number of units are under offer. Even better news is that, apart from companies such as Pizza Hut, Poundland and Hobbycraft, the Out of Town sector has seen considerably fewer CVAs and Administrations in the past 12 months compared to previous years. This trend looks set to continue as the Q1 2026 vacancy rate remains at 4.8% and may fall again mid-year. Once again, new developments remain at an all time low, with just 21 schemes featured in our development pipeline thought likely to proceed – meaning new parks that are being developed are able to be well let and existing second-hand space is filling the gap for the expansion of growing retailers. Many older developments have disappeared from the market entirely, with several schemes being repurposed in the last 2 years for new uses including self storage units, industrial and residential led developments, whilst the demand for standalone grocery units continues. Extensions including food pods and electric charging stations continue to dominate, removing over supply of parking and further increasing footfall for the out of town sector. Over the last 39 years there has been a major shift by retailers to occupy out of town locations due to increasing consumer demand. This year B & M added a further 170,000 square feet and are now the leading tenant, overtaking perennial no 1, B & Q, while Mountain Warehouse appears in the top 50 tenants for the first time. The most significant increase in floorspace was seen by Home Bargains with 13 more stores than this time last year and they move up to third place, while The Range added a further 330,000 square feet. While discounters and food store expansion continues to dominate the lists of growing tenants throughout 2025, gyms are also expanding with Pure Gym now open on 168 retail parks with The Gym present on 63 parks and JD Gyms now feature on 33 parks.” Middlebrook Retail & Leisure Park in Bolton continues to be ranked the number 1 retail park in the UK, with Castlepoint in Bournemouth and Clifton Moor Centre in York coming in at 2nd and 3rd place. Westwood Road in Broadstairs is ranked as the number 1 retail warehouse cluster and The O2 Entertainment District in Greenwich is ranked the number 1 leisure scheme. B & M, with 7.5 million sq. ft., is now the largest Retail Park tenant. The largest decrease in space was recorded by Poundland following the closure of stores following their recent restructuring. Morgan Williams are the leading retail warehousing letting agent for the first time with instructions totalling over 31 million square feet. For the seventeenth year, Savills maintain their position as the leading managing agent – managing over 45 million sq. ft. across 401 schemes, which widens the gap between them and their nearest competitor, Workman, to 26 million sq. ft. Trevor Wood Associates’ research identified 1,707 established schemes that are trading or under construction. These include 97 Leisure Parks, 147 Leisure schemes, 949 Retail Parks, 129 Shopping Parks, 42 Retail and Leisure Parks and 303 Retail Warehousing developments. Realty Income increased their portfolio once again this year and remain not only the leading investment manager in the UK for both Retail Warehousing and Retail Parks but also the leading direct property owner for both Retail Parks and Retail Warehousing. British Land have also shown a significant increase in retail ownership and are ranked second in all four categories. To meet growing demand for the research, Trevor Wood Associates has expanded their online Definitive Guide platform to complement its reviews and run alongside its existing database products. For further information please contact: Liz Williamson, Trevor Wood Associates 01494 715846 liz@trevorwoodassociates.co.uk
- VACANCY RATES HAVE FALLEN - The Q3 figure has fallen to 5.0%
Retail warehousing vacancy rates in the UK have once again fallen, now at 5.0% at the end of Q3 2025 according to the latest research by Trevor Wood Associates (TWA), compared to 6.0% at Q2 2025 and 6.4% at the turn of the year. 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 CVAs, in 2025 over 6.30 million sq. ft. has either opened or is due to open by early next year. The space made available in large part by Carpetright and Homebase’s demise has been snapped up by a number of different occupiers who have faced fierce competition for quality retail warehousing in a market that has kept vacancy rates below 7% since 2021. The Range have been the most aggressive in their rollout of new stores adding 1.6 million square feet to their portfolio (either opened in 2025 or due to open). B & M have taken a further 18 units and Home Bargains have added over 438,000 sq. ft. of space. The Grocery sector continues to open in out of town locations with Sainsbury’s scheduled to open over 370,000 sq. ft., the food WAREHOUSE increasing their portfolio with 18 new units, Lidl adding 13 units, Aldi and Farmfoods closely following with 10 and 9 units respectively and M & S Food Hall adding another 3. The Health & Fitness sector have also taken advantage of the secondhand space with Pure Gym adding over 313,000 sq. ft. with The Gym Group adding five units to their portfolio. The market continues to be dynamic and despite recent vacancies from Poundland, Hobbycraft and River Island’s restructuring a number of these units are already under offer together with a number of other units. More than 200 different retailers who’ve already taken or let space in 2025 are set to increase their portfolios well into 2026. “Since the end of 2024, with even less development taking place, second-hand supply has meant the vacancy rate of Open A1 non-food units has dropped to 5.2% from 6.3%. A further 3 million sq. ft. of space is currently under offer with another 660,000 sq. ft. earmarked for redevelopment, meaning the percentage of space actually available to let is as low as 3.2%.” - Liz Williamson, Trevor Wood Associates.
- VACANCY RATES HAVE FALLEN. The Q2 2025 figure has fallen to 6.0%
“Since the end of 2024, with even less development taking place, second-hand supply has meant the vacancy rate of Open A1 non-food units has dropped to 6.3% from 6.6%. A further 3.6 million sq. ft. of space is currently under offer with another 881,000 sq. ft. earmarked for redevelopment, meaning the percentage of space actually available to let is as low as 3.8% .” Retail warehousing vacancy rates in the UK have once again fallen, now at 6.0% at the end of Q2 2025 according to our latest research, compared to 6.4% at the turn of the year and 6.2% at Q1 2025. 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, in 2025 over 6.220 million sq. ft. has either opened or is due to open by the end of the 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. The space made available in large part by Carpetright and Homebase’s demise has been snapped up by a number of different occupiers who have faced fierce competition for quality retail warehousing in a market that has kept vacancy rates below 7% since 2021. The Range have been the most aggressive in their rollout of new stores adding 1.4 million square feet to their portfolio (either opened in 2025 or due to open). B & M have taken a further 15 units and Home Bargains have added over 291,000 sq. ft. of space. The Grocery sector continues to open in out of town locations with Sainsbury’s scheduled to open over 350,000 sq. ft., Lidl adding 8 units, Aldi and Farmfoods closely following with 7 units, the food WAREHOUSE increasing their portfolio with 5 new units and M & S Food Hall adding another 3. The Health & Fitness sector have also taken advantage of second-hand space with Pure Gym adding nearly 174,000 sq. ft., The Gym Group adding another two units while the rise in popularity of Padel may be terrifying tennis traditionalists but it’s certainly not scaring Landlords with numerous independent as well as established brands such as True Padel taking a significant amount of space. Speaking of traditionalists, perhaps it’s most pleasing to see good old fashioned retail warehousing retailers such as B & Q and Tapi get in on the act, both adding 240,000 sq. ft. to their portfolios. IKEA have also seen a gap in the market for smaller boxes in good locations and are scheduled to open 5 new units on parks and warehouses in the upcoming months. The market continues to be dynamic and we have already seen some of the effects of both Poundland and River Island’s restructuring, with recent vacancies from this, the overall short supply of retail warehousing means a number of units are already under offer with the seemingly insatiable demand from the 166 different retailers who’ve already taken space in 2025 set to increase their portfolios well into 2026. UK Retail Warehousing Floor Space Q2 2025 Image credits: Nigel - stock.adobe.com







