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- Retail & Leisure and Shopping Centre Real Estate Analysis | Trevor Wood Associates - Definitive Guide
Unlock the power of data and insights with Trevor Wood Associates. Our comprehensive solutions cater to the unique needs of clients in the UK retail and leisure and shopping centre real estate market. From site finding and competitor analysis to rent comparisons and occupier discovery, our trusted platform delivers actionable insights for informed decision-making. Discover how our expertise and extensive database & tools can support your business goals. < Back to how we help clients Site Finding Watch Demo "Uncover premium retail locations with ease: Your key to unrivalled UK retail & leisure insights" Recent Case Study Uses: Find all vacant units of a specific size within certain geographies. Discover trading locations for retailer types and brands. Specify requirements to identify all schemes and units within a defined area. Embark on an effortless journey of discovering optimal retail locations with Trevor Wood Associates' Definitive Guide Platform . With our comprehensive data and in-depth analysis, we offer unparalleled insights into out-of-town retail & leisure and shopping centre locations across the UK. Our offerings extend beyond mere location details. We present a detailed overview of each location, including information on property owners, tenants, managing agents, lease terms, car parking facilities, company voluntary arrangements (CVAs), investment transactions and much more. This extensive information empowers you to make well-informed decisions tailored to your unique needs. With over 35 years of experience in delivering expert retail and leisure data, analytics, and insights in the UK, we understand that each sector comes with its unique set of challenges. That's why our solutions are far from generic. Leveraging our vast expertise, we have crafted bespoke strategies designed to tackle your business-specific challenges head-on. At Trevor Wood Associates, we don't just deliver data - we deliver actionable insights that can drive your business to new heights. So, discover optimal retail locations in the UK effortlessly and take your retail and leisure business to the next level with our unrivalled industry insights. Site Finding [Unit] Play Video Facebook Twitter Pinterest Tumblr Copy Link Link Copied Site Finding 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
- Retail & Leisure and Shopping Centre Marketing Optimisation | Trevor Wood Associates - Definitive Guide
Optimise your marketing strategies in the UK's out-of-town retail, leisure, and shopping centre markets with Trevor Wood Associates' Definitive Guide Platform. Harness our data-driven insights to engage with tenants, agents, owners, and investors effectively. From prime site location to competitor analysis, lease comparisons, and occupier trends, our platform fuels data-backed. See how our Definitive Guide transforms data into a powerful marketing asset. < Back to how we help clients Marketing Optimisation Watch Demo "Dive into the dynamic world of developing retail and leisure marketing assets" Recent Case Study Uses: Filter shopping centres by Trevor Wood Associates' scheme quality rank; Learn about comparable schemes to exisitng schemes where marketing assets ar e successfully deployed; Identify the managing agent of a target scheme; Build lists of scheme types and sizes within defined geographies; Our Definitive Guide Platform provides you with comprehensive, data-backed insights, giving you an edge in the highly competitive out-of-town retail, leisure, and shopping centre markets in the UK. Using our Definitive Guide Platform takes you beyond the surface, helping you optimise your out of town retail & leisure and shopping centre marketing assets. And uncover potential business opportunities with both existing and prospective owners, tenants, investors and agents in order to deliver more to your firm and for your clients. From discovering detailed scheme and unit profiles, tenant schedules and leasing data. We help you identify trends, understand preferences, and make informed decisions tailored to your unique needs. Armed with the right information, you can transform your marketing strategies, forge connections and craft targeted marketing campaigns suited to your client's business. All helping you to improve your return on investment in your company's marketing efforts. We are committed to empowering you with actionable insights that drive your business forward in the retail and leisure industry. With over 35 years providing data, analytics and tools to the retail & leisure industry, we understand the unique challenges each sector presents. Our Definitive Guide Platform combines our extensive data, analytics, tools and industry-specific insights to support your business. Marketing Optimisation Play Video Facebook Twitter Pinterest Tumblr Copy Link Link Copied MarketingOptimisation 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
- Owner, Investor | Trevor Wood Associates - Definitive Guide
Discover your next deal in the UK retail and leisure property market with Trevor Wood Associates. Our comprehensive data and insights platform is tailored for property owners, empowering you to make data-driven decisions. Leverage the power of our Definitive Guide platform to identify new opportunities and maximise your success. Owner / Investor Impeccable data and insight is the lifeblood of our retail & leisure and shopping centre owner and investor community. You need timely reliable data to inform critical decisions. O ur Definitive Guide insights platform is a UK leading independent data and insights platform used for site finding, investment opportunity generation, asset development analytics and generating insight to further enhance your returns. In a market where an insight edge is reflected in your returns, having a trusted data partner is a key ingredient. With our comprehensive independent Definitive Guide insights & data platform, we equip you with the data-driven tools to help develop your returns. How The Definitive Guide Platform Helps: Site finding Valuation Investment appraisal Find out more How we can help owners and investors For over 35 years, Trevor Wood Associates has been the trusted partner for owners and investors in the UK's retail and leisure property market. Our Definitive Guide data and insight platform , along with our publications, help you to identify profitable sites and investments. Whether that's a single unit or a multi-tenanted scheme. With our extensive experience and long-standing data history, we provide deep data insights that owners and investors rely on. From valuing and purchasing entire schemes to individual units, or exploring asset development plays and consortium building, our independent Definitive Guide platform delivers the data, analysis, and insight to support your goals. As a leading firm with deep sector data and cutting-edge technology, Trevor Wood Associates is committed to providing comprehensive data that generates actionable insights. With our decades of experience, we offer well-connected and in-depth data and our tools enable advanced data interrogation to drive insight that leads to enhanced returns. Get in touch to see how our platform can help your business. 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
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