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Retail Lease Advisory

Leading Retail Lease Advice


Our retail lease advisory team has a particular specialism in high-value shops, bars, restaurants and gyms in Central London along with the large store sector (such as supermarkets and department stores), high streets, shopping centres and retails parks throughout the UK. We work closely with some of the major Estates in preparing and implementing strategic asset management initiatives.

  • Experienced Team Dedicated Lease Advisors 9
  • Retail Total Transactions (2020) 400+
  • Shopping Centre Management Supermarket Space Under Negotiation (2020) 1m sq ft
  • Retail Unit Shops (sq ft) 400,000

Our Services

We provide expert advice and negotiate for both landlords and tenants, helping our clients achieve the optimal terms of their lease.

We have a particular specialism in high-value shops, bars, restaurants and gyms in Central London.

We also have extensive experience in the large store sector (such as supermarkets and department stores), high streets, shopping centres and retails parks throughout the UK. 

Our client base includes some of the major estates, such as Grosvenor and Leadenhall Market, who we work closely with in preparing and implementing strategic asset management initiatives.

We can help you with:

  • Lease Restructures / Re-gear Transactions
  • Rent Reviews
  • Lease Renewals

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We have a clear understanding of what motivates both owners and occupiers is key to bringing lease restructuring / re-gear opportunities to a mutually beneficial conclusion.


Our team of experts specialise in identifying opportunities in each of the retail sub-sectors, analysing the options and ensuring each case proceeds as smoothly as possible.

  • Close links with all types of property owners to understand nuances of factors motivating their desire to restructure leases
  • Continual contact with retailers and leisure operators to understand the challenges / pressures they face and the benefits of restructuring their leases
  • Strong agency and investment presence in all retail sub-markets to obtain in-depth information and negotiate the best possible terms for our clients


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Whilst the retail market as a whole has weakened over the last 12 months, there are still pockets of rental growth, in particular convenience food shops, stores suitable for occupation by the discounters (Aldi / Lidl) and other shops that remained open as essential retailers throughout the pandemic.


Our technical expertise coupled with a strong agency presence in local markets enables us to provide clear advice on the achievable range of rents in any of the retail sub-sectors. Strong negotiating skills allow us to bring rent reviews to a satisfactory conclusion. Where this is not possible, our extensive knowledge of the third party process brings excellent results at arbitration or independent expert determination.

  • Highly Experienced team that includes arbitrators and independent experts
  • Access to bespoke demographic systems to support negotiations / third party expert reports
  • Unparalleled database of transactions in all retail sub-sectors

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As retail leases have been getting shorter, the number of lease renewals (both inside and outside the L&T Act) has been growing steadily. A sound understanding of the negotiating process along with strong agency support are essential in achieving the best possible terms, whether for property owners or retailers.

The ability to prepare expert reports to court and give evidence at court proceedings is a critical string to the lease advisory surveyor’s bow. Our team have extensive experience in preparing expert reports both to court and PACT experts / arbitrators, as well as having appeared in court where necessary.

  • Extensive experience in negotiating retail lease renewals in all retail sub-sectors
  • Technical knowledge of the L&T legislation to assist in achieving optimal rent / lease terms
  • Seamless ties with agency team to provide "behind the scenes" knowledge of alternative occupiers

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RPI / CPI Rent Review Calculator

Many leases include rent reviews which are based on the increase in the Retail Price Index (RPI) or the Consumer Price Index (CPI) with collars (minimum increases) and caps (maximum increases). To simplify these rent reviews, we have developed a new user-friendly calculator.
Access RPI / CPI Rent Review Calculator

Clients and Case Studies


Retail Tenant Lease Advisory

Case studies of all lease advisory and agency matters services provided by Colliers to some of the most recognisable retail brands in the UK.
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Central London Supermarkets

Case studies of rent reviews, lease renewals and lease restructure services provided by Colliers for central London supermarkets.
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Supermarket Investment Acquisitions

Case studies of occupational advice & due diligence services provided by Colliers for supermarket investment acquisitions across the UK.
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Colliers Retail Lease Advisory Central London Supermarkets 738x412

As specialists in luxury and flagship Central London retail and leisure properties we are retained advisers to the Grosvenor Estate in Mayfair & Belgravia and APML Estate in Knightsbridge. Dealing with prime properties with a combined annual rent roll in excess of £8m pa.

Currently working on c.1m sq ft of supermarket space, including lease restructures, rent reviews and lease renewals. We are leading advisors on supermarkets and other food stores in London and throughout the UK.
Colliers Retail Tenant Portfolio Work 738x415

Tenant portfolio work for a number of high profile national multiple retailers. Clients include Currys PC World, Vivienne Westwood, Vodafone, Costa Coffee, Fraser Hart and Oliver Bonas.

Retail News & Insights


How to value a Supermarket

Matthew Hobbs, head of the UK Retail Lease Advisory, explains why the role of a supermarket specialist requires not only property knowledge but also the skills of a behavioural scientist.
Read Article
Grocery Report thumbnail 2022

UK Grocery Real Estate Review 2022

2021 was a pivotal year for the UK Grocery sector and the real estate which supports it.
Download the report

Midsummer Retail Report 2022

Through bespoke research and expert comment, we explore how the retail sector has evolved and what property strategies are emerging against a backdrop of radical change.
Download Midsummer Retail Report

Retail Research

World-class insight into trends across the UK Retail sector.
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Retail Blog

The latest views, guides and top tips from our renowned industry experts.
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Retail News

Up-to-date developments and news from the Colliers Retail team.
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