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Jul 3, 2017
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Manchester out of town fashion retail sector poised for growth

Jul 3, 2017

Manchester is the British city with most potential for an increase in out of town fashion retail space, according to a new report from Savills.

The city is 145,899 sq ft behind the national average when it comes to out of town retail space for the fashion sector, which means there is a great opportunity for fashion chains looking to open new locations in attractive areas.

Barnsley takes the second spot, requiring an additional 70,835 sq ft of out of town fashion retail space to reach the national average of 0.7 sq ft per shopper, followed by Newcastle-upon-Tyne with 69,115 sq ft.

“Though retailer confidence across the board is currently mixed, robust footfall on out of town schemes means they remain attractive for both retailers and landlords,” comments Dominic Rodbourne, head of out of town retail at Savills, the company that carried out the new report.

The bulky goods sector (including DIY, electrical and homeware) shows major opportunities in Birmingham, where there is potential for an additional 548,306 sq ft; Liverpool, which could support a further 367,859 sq ft; and Leeds with 328,935 sq ft.

For grocery retail, Leicester is a key opportunity market (172,483 sq ft), followed by Nottingham and Sheffield with 167,178 sq ft and 132,723 sq ft respectively.

Meanwhile Oxford offers potential for an increase in leisure retail space, as well as Reading and Grays. 

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