Bidwells has released its Out-of-town Retail research paper, Summer 2019. While take up across the Bidwells’ market area was robust in H1 2019, it has been a difficult period for the retail park market generally. Availability across the region has more than doubled over the last 18 months to over 0.5m sq ft with an average availability rate rising to 8.5%.
Bidwells has released its High Street Retail research paper, Summer 2019. While the Oxford Cambridge Arc has inevitably felt the impact of the retail slowdown, with average prime rents down 22% since 2016, retailer strategies of focusing on prime locations in target towns has cushioned markets to an extent.
Bidwells has released its Out-of-town Retail research paper. Challenges facing the retailers are reflected in take-up across the Oxbridge Growth Corridor take-up falls to to its lowest level since 2014. There are exceptions however with new operators absorbing vacated space in some locations - Cambridge saw the highest level of take up since 2012.
Download our research paper to find out more.
Bidwells has released its High Street Retail research paper, Spring 2019. Rental readjustments across the Bidwells region have presented opportunities for retailers seeking space in key locations. Both take up and demand remain stable across the market as a whole, although Cambridge is currently seeing the strongest level of requirements. Download our research paper to find out more.
Bidwells has released its Out-of-town Retail research paper. In the out-of-town market both rents and yields stabilised in the first half of 2018, driving improved total returns across most of the Bidwells region, due largely to good income returns.
The potential closures of large stores and the announcement of other retailers rationalising their property portfolio, like Homebase, will have a dramatic effect in terms of loss of jobs, the knock-on effect to other retailers nearby, the effect on suppliers, and the overall effect to the high street.
The High Street has had a tough time in the press lately and in recent weeks the headlines have been littered with household names in the retail sector closing stores. Will the restaurant market be the saviour of the High Street?