fall between 2021 and 2025.
Rental rates of high street and in shopping center properties in the UK dropped increased from 2019 levels for the first time in the first quarter of 2021 after maintaining negative growth in 2020 and 2021. Headline rents increased by 7.5 percent, while net effective rents increased by 9.2 percent. Headline rent refers to the rental rate written in the lease, but this often differs to the effective rent paid due to rent-free periods or other inducements offered by the landlord. Net effective rents also dropped throughout 2020, but to a lesser extent than headline rents. Prime retail rents in Central London are forecast to Change in average high street and shopping center rents in the United Kingdom (UK) from 1st quarter 2020 to 1st quarter 2022
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Other statistics that may interest you High street retail in the United Kingdom (UK)
Overview
6
- Basic Statistic Retail sales value monthly in Great Britain 2017-2024
- Basic Statistic Retail job losses and store closures in the UK December 2023
- Premium Statistic Average monthly footfall on European high streets in 2022
- Premium Statistic High income visitors to shopping streets in Europe 2022
- Premium Statistic Europe: High streets prime yields Q3 2023, by country
- Premium Statistic United Kingdom: top high street retailers 2023, by customer satisfaction
Retail traffic and sales
5
- Premium Statistic High street: like-for-like sales growth in the United Kingdom (UK) 2017-2023
- Premium Statistic High street: like-for-like sales growth in the UK 2017-2023, by sector
- Premium Statistic Retail footfall year-on-year change in the UK December 2023, by location
- Premium Statistic Average monthly footfall in UK cities 2022, by shopping street
- Premium Statistic High income visitors to shopping streets in the UK 2022
Store openings and closures
5
- Premium Statistic Great Britain: net change in number of chain stores 2015-2022
- Premium Statistic Retail store openings and closures in Great Britain H1 2016 to H1 2023
- Basic Statistic United Kingdom: retail companies going into administration 2007-2023
- Basic Statistic Annual rental cost of prime retail rents in the UK 2023, by market
- Premium Statistic Prime high street retail yields in the UK 2023, by location
Consumer opinion
6
- Premium Statistic Views on whether the high street has most necessary products in GB in 2023, by gender
- Premium Statistic Views on whether the high street is vibrant or boring in GB in 2023, by generation
- Premium Statistic GB consumers who first try to buy something on the high street 2023, by generation
- Premium Statistic Consumer's views on the improvement of the high street in GB in 2023
- Premium Statistic Reasons consumers believe their high street is improving in GB in 2023
- Premium Statistic Reasons consumers believe their high street is worsening in GB in 2023
Comparisons
5
- Premium Statistic Shopping channel with the largest variety of goods according to GB consumers in 2023
- Premium Statistic Easiest shopping channel to buy goods for GB consumers in 2023, by generation
- Premium Statistic Cheapest shopping channel according to GB consumers in 2023, by generation
- Premium Statistic Most enjoyable shopping channel experience for GB consumers in 2023, by generation
- Premium Statistic Shopping channel with the best quality of goods for GB consumers in 2023
Further related statistics
16
- U.S. consumer attitudes to shopping mall visits due to coronavirus 2020, by age
- U.S. consumer attitudes to going to a shopping mall during coronavirus pandemic 2020
- U.S. consumer attitudes to visiting malls if COVID-19 spreads to community, by age
- U.S. consumer attitudes to shopping mall visits due to coronavirus 2020, by gender
- U.S. consumer attitudes to visiting malls if COVID-19 spreads to community, by gender
- Retail and recreation mobility trend during COVID-19 in the UK 2020
- Number of factory outlets in Europe 2017, by country
- Argentina: change in franchise chain operations March 2020
- Monthly prime rents in shopping centers in Poland 2022, by region
- Shopping malls in the U.S. since 1986, by size
- Total gross leasable space in U.S. shopping malls since 1986
- Satisfaction after buying items in bulk during COVID-19 Philippines 2020, by gender
- Annual growth in business activities in Morocco 2020, by category and growth level
- Prime high street retail rents in Bucharest Romania June 2017 to September 2019
- COVID-19 impact intensity compared to 2008 crisis in Romania 2020
- Companies administrating shopping centers in Bucharest, Romania 2020, by net profit
Further Content: You might find this interesting as well
Statistics
- U.S. consumer attitudes to shopping mall visits due to coronavirus 2020, by age
- U.S. consumer attitudes to going to a shopping mall during coronavirus pandemic 2020
- U.S. consumer attitudes to visiting malls if COVID-19 spreads to community, by age
- U.S. consumer attitudes to shopping mall visits due to coronavirus 2020, by gender
- U.S. consumer attitudes to visiting malls if COVID-19 spreads to community, by gender
- Retail and recreation mobility trend during COVID-19 in the UK 2020
- Number of factory outlets in Europe 2017, by country
- Argentina: change in franchise chain operations March 2020
- Monthly prime rents in shopping centers in Poland 2022, by region
- Shopping malls in the U.S. since 1986, by size
- Total gross leasable space in U.S. shopping malls since 1986
- Satisfaction after buying items in bulk during COVID-19 Philippines 2020, by gender
- Annual growth in business activities in Morocco 2020, by category and growth level
- Prime high street retail rents in Bucharest Romania June 2017 to September 2019
- COVID-19 impact intensity compared to 2008 crisis in Romania 2020
- Companies administrating shopping centers in Bucharest, Romania 2020, by net profit
Savills. (May 5, 2022). Change in average high street and shopping center rents in the United Kingdom (UK) from 1st quarter 2020 to 1st quarter 2022 [Graph]. In Statista. Retrieved May 21, 2024, from https://www.statista.com/statistics/1186786/change-retail-rents-uk/
Savills. "Change in average high street and shopping center rents in the United Kingdom (UK) from 1st quarter 2020 to 1st quarter 2022." Chart. May 5, 2022. Statista. Accessed May 21, 2024. https://www.statista.com/statistics/1186786/change-retail-rents-uk/
Savills. (2022). Change in average high street and shopping center rents in the United Kingdom (UK) from 1st quarter 2020 to 1st quarter 2022. Statista. Statista Inc.. Accessed: May 21, 2024. https://www.statista.com/statistics/1186786/change-retail-rents-uk/
Savills. "Change in Average High Street and Shopping Center Rents in The United Kingdom (Uk) from 1st Quarter 2020 to 1st Quarter 2022." Statista, Statista Inc., 5 May 2022, https://www.statista.com/statistics/1186786/change-retail-rents-uk/
Savills, Change in average high street and shopping center rents in the United Kingdom (UK) from 1st quarter 2020 to 1st quarter 2022 Statista, https://www.statista.com/statistics/1186786/change-retail-rents-uk/ (last visited May 21, 2024)
Change in average high street and shopping center rents in the United Kingdom (UK) from 1st quarter 2020 to 1st quarter 2022 [Graph], Savills, May 5, 2022. [Online]. Available: https://www.statista.com/statistics/1186786/change-retail-rents-uk/