Retail Property
Retail is the core of the practice: over forty years of shops, high streets, shopping centres and retail parks, acting for occupiers from single sites to national multiples.
Where value is won and lost
Zoning, masking, return frontage, ancillary space and turnover-based arguments all move retail rents materially. So does the state of the pitch: footfall shifts, anchor closures and rental auctions all belong in the negotiation.
Portfolio work
For multi-site operators the events are handled as a programme — a diarised schedule of reviews, breaks and expiries with a position agreed for each store before the landlord makes contact.
Common questions
- Do you act for landlords?
- No — tenant side only, so there is never a conflict of interest.
- Which areas do you cover?
- England, Wales, Scotland, Northern Ireland and Ireland.
- How is retail rent actually measured?
- Usually by zoning in Zone A terms, halving back through the depth of the unit, with adjustments for return frontage, masking, shape and ancillary space.
- Do rental auctions affect my negotiation?
- They can. High street rental auction powers change the cost of leaving a unit empty, which is a real point of leverage for occupiers on weaker pitches.
- Can you handle a whole portfolio of stores?
- Yes. Portfolios are run as a diarised programme of reviews, breaks and expiries with an agreed position for every unit.
- Do you work outside England?
- Yes — Wales, Scotland, Northern Ireland and Ireland, where the statutory background differs but the valuation discipline is the same.
Ask a question
Live assistant — retail property
Ask anything about this topic and get an immediate answer drawn from this page. General guidance only — specific advice depends on your lease.
Talk it through
Initial advice is free — tenant side only.
Chris McGarrigle MRICS, chartered since 1989, acting for occupiers across England, Scotland, Northern Ireland and Ireland.
chris@mcgarrigle.comRelated guides
- Retail Rent Review
Retail rent reviews for shop occupiers: Zone A analysis, devaluing incentives, turnover rents, and negotiating on high streets and in schemes.
- Retail Lease Renewal
Retail lease renewal advice for shop, leisure and F&B tenants: rent, term, break rights, service charge and portfolio strategy on the high street.
- Commercial Dilapidations Surveyor
Dilapidations claims challenged and settled for tenants: interim and terminal schedules, Section 18 cap, diminution valuation and Protocol compliance.