Getting started

High street vs shopping centre vs retail park

Updated

The location type decides your rent structure, lease length and the kind of customer who walks past - before you even pick a unit. High street, shopping centre and retail park each suit a different trade. Here is the honest comparison, plus where pop-up and temporary space fits.

The main types at a glance

Which retail location suits which trade

High street — Brand presence, footfall, walk-in trade

Shopping centre — Fashion, F&B, footfall + long hours

Retail park — Big-box, bulky goods, click-and-collect

Pop-up / temporary — Testing a pitch, seasonal, low commitment

High street

A high-street unit puts you in front of passing pedestrians and gives your brand a visible address. Rents are quoted per m²/month, and prime pitches command a premium for frontage and footfall. Leases are often 5-10 years. You typically pay base rent plus a service charge, but usually no turnover rent and no marketing levy. Best for brands that want presence and walk-in trade - fashion, services, banks, cafés.

Shopping centre

A shopping centre delivers concentrated footfall, long trading hours and an anchor tenant (a department store or hypermarket) that pulls people in. The trade-off: centres almost always charge turnover rent - a percentage of your sales on top of or instead of base rent - plus a service charge and a marketing/promotion levy that funds centre-wide advertising. Expect the all-in cost to run well above the headline base rent. Best for fashion, F&B and impulse retail that thrives on volume.

Retail park

A retail park is a cluster of large-format units with parking at the door. Rents per m² are far lower than the high street, units are big (often 400-2,000 m²+), and the parking suits bulky goods, DIY, furniture, electricals and click-and-collect. Leases can be long (10 years+). Best for big-box operators and omnichannel retailers who need warehouse-style space with a shopfront.

Pop-up and temporary space

A pop-up lets you test a pitch, run a season or launch a brand on a licence of weeks to months rather than a lease of years. You commit little and can leave quickly, but you pay a premium per day and get no security of tenure. Best for proving a new catchment before signing a full lease.

Cost and commitment compared (illustrative)

High-street prime rent — €40-120 /m²/month

Shopping-centre rent — base + turnover rent, often 6-12% of sales

Retail-park rent — €8-25 /m²/month

Typical lease length — 5-10 years (pop-up: weeks-months)

Frequently asked questions