Retail parks running out of space as Aldi and Lidl fuel occupier rush

UK retail parks are becoming “effectively full” as Aldi, Lidl and other value-led retailers continue to compete for a shrinking pool of available units.
New research from Savills found that available space across retail parks has dropped to just 1.8 per cent of total floorspace once obsolete and long-term vacant units are stripped out.
While the headline vacancy rate stands at 4.3 per cent, Savills said almost 43 per cent of that empty space has been vacant for three years or more, e