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- Retail & Leisure and Shopping Centre Real Estate Analysis | Trevor Wood Associates - Definitive Guide
Explore the extensive features of Trevor Wood Associates' Definitive Guide platform, designed for the UK's retail and leisure real estate market. Offering site discovery, competitor analysis, lease comparisons, and occupier discovery, our platform delivers valuable insights for strategic out of town retail & leisure and shopping centre decision-making. Uncover how our platform can help in your business. < Back to how we help clients Lease Comparison Watch Demo "Make informed decisions with streamlined lease comparison analysis" Recent Case Study Uses: Find new deals within the last year including new leases and rent reviews; Discover rental evidence for a specific trading activity; Analyse the rental evidence for a specific scheme. Immerse yourself in the world of strategic lease analysis with Trevor Wood Associates' Definitive Guide Platform . Our extensive data provides unmatched insights into out-of-town retail & leisure and shopping centre locations across the UK. With our comprehensive data including rental rates and amounts, renewal dates and term date s , review dates and other clauses it assists in identifying market trends and predicting future opportunities. Helping you build informed strategies and make effective decisions. If you are managing property or are a tenant or occupier it can help with negotiating improved lease terms and enhance the potential for securing favourable agreements. If you are a property owner or manager, it can help reveal trends and patterns in tenant behaviour, helping to optimise property management strategies and marketing efforts. As a powerful tool in the toolbox of any real estate professional our Definitive Guide Platform and dataset is also put to use in developing insights that help in managing risk, forecasting revenues, and making strategic investment decisions. Facilitating smart, data-driven decisions to help maximise success in the market. With over 35 years of experience delivering expert retail and leisure data. Our comprehensive solutions offer more than just lease and location data. We delve into each location's details, revealing information on property owners, tenants, managing agents, lease terms, car parking facilities, company voluntary arrangements (CVAs), investment transactions, and much more. We understand the unique challenges each sector presents, so we layer on top of our data, analytics and insights specific to the business challenges you face. Turning our out of town retail & leisure and shopping centre data into the analytics you want and insight you need to make well-informed, strategic decisions tailored to your unique business requirements. Lease Comparison Play Video Facebook Twitter Pinterest Tumblr Copy Link Link Copied Lease comparson_demo Watch Demo 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
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- About us | Trevor Wood Associates - Definitive Guide
Discover Trevor Wood Associates, the trusted name in the UK retail data and insights. With over 35 years of experience, our extensive database and insights platform provide unparalleled market intelligence for retailers. From site selection to lease negotiations and competitor analysis, our data-driven solutions empower retailers to make informed decisions and drive business growth. About us Since 1987, Trevor Wood Associates has been trusted by the foremost participants in the UK's retail and leisure industry to inform their commercial property decisions. Founded by Trevor Wood, the business continues to be a leading independent provider of information, analytics and insight into retail and leisure schemes in the UK. "Trevor Wood's 'Definitive Guide' is the 'bible' for the Retail Warehouse property sector - easy to use and regularly referred to." Steve Perrett Cheetham & Mortimer With over 35 years of history and an unrivalled database, Trevor Wood Associates stands as a leading authority in the UK's out-of-town retail and leisure and shopping centre property market. Our extensive datasets cover over 13,000 current and proposed retail and leisure developments, providing in-depth insights accumulated over decades. In 2022, we unveiled our Definitive Guide insight platform , granting subscribers access to this substantial database online. Recognised as a trusted source of information in the retail industry, we disseminate our findings through regular publications, webinars, and contributions to industry journals. Our portfolio includes two annual authoritative guides: The Definitive Guide to Retail & Leisure Parks and Going Shopping - The Definitive Guide to Shopping Centres . These publications, based on our extensive dataset, offer comprehensive reviews of retail warehousing, retail parks, leisure schemes, shopping centres, and factory outlet developments nationwide. They provide valuable market information, including vacancy rates, tenant trends, leading regional players, property owners, and managing agents. The Definitive Guide to Retail & Leisure Parks is renowned for its authoritative analysis of 1,700 retail parks and leisure schemes, covering vital aspects such as vacancy rates, tenant dynamics, and property ownership hierarchies. And Going Shopping - The Definitive Guide to Shopping Centres serves as the go-to resource for shopping centre and factory outlet analysis, encompassing over 900 schemes. It includes comprehensive reviews of each shopping centre in the UK, recent changes, and a list of the top 500 shopping centres. All of our guides can now be accessed conveniently through our Definitive Guide platform , where you can explore our extensive insights, harness the power of our comprehensive database, and stay informed with the most authoritative resources in the UK retail and leisure property industry. Our clients include surveyors, developers, owners, retailers, and others from across the retail and property industries, consultancy firms and local government. Would you like to discuss our products further? Call us 01494 715846 Or let us call you Please give us some more information so we can help. First Name Last Name Email Message Send Thanks for submitting!
Insights (91)
- 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
- VACANCY RATES HAVE RISEN SLIGHTLY. The Q3 figure has risen to 5.4%
“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
- VACANCY RATES HAVE FALLEN AGAIN. The Q2 2024 figure has fallen to 5.1%
“ 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







