CHD Property has been involved in leasing factory outlet and destination retail centres since the industry first developed in the UK.
Factory Outlet Centres
CHD Property is currently leasing five factory outlet centres across England, Wales, Scotland and Northern Ireland, and is the largest independent outlet leasing agency in the UK.
Factory outlet centres are thriving, adding year on year growth in footfall and sales. Retailers’ outlet business trades successfully alongside their online and high street business, providing a separate route to market. The centres also offer retailers a highly flexible stock management tool, ensuring any surplus stock is cleared efficiently while remaining under their direct control.
The company maintains a specialist database of all the principle UK outlet centres, as well as for all the principle retailers and caterers in the sector. With in-depth industry knowledge, CHD Property is strongly positioned to advise landlords on leasing strategy, optimising tenant mix and targeting tenants across all market levels to drive increased footfall and sales.
CHD Property has advised on garden centres, and their development into mixed retail destinations, as the sector has grown, acting principally for landlords seeking to develop garden centre led destinations.
As the UK garden centre model has evolved, the company has introduced a cross section of new retailers to the sector, building the critical mass of the core offer and driving overall footfall and sales.
CHD Property monitors retail and catering requirements for those already in the sector as well as those considering an involvement. The sector is of growing interest to the market, with its extended visitor dwell time, offering an alternative family shopping experience to high street retail.
The destination sector is proving more effective and valuable than ever as an additional route to market for retailers, alongside the high street and online retail.
CHD Property works with landlords and developers to put together innovative concepts focused on combinations of specialist food, home and lifestyle and sports and activities. Each is anchored on a strong catering offer, often with family entertainment and childrens’ play, providing a balanced visitor experience.
As retail continues to develop as a leisure experience, specialist leisure retail centres have evolved to service specific product areas. Such centres can form an effective catalyst for urban or rural regeneration, providing employment opportunities and showcasing regional manufacturing.