Dorchester Bucks Falling Retail Rents Trend
8:27am 9th November 2013
Dorchester is bucking the trend in the South West when it comes to prime retail rents for town centres.
Yeovil and Bournemouth have both witnessed declines according to research by Colliers International.
But prime rents in Dorchester are up 14.3%.
Colliers International Head of Retail Nick Turk said poorly performing towns faced a number of common problems.
"The growth of out of town and large scale regional developments over recent years is meeting the demands of both the consumer and the retailer regarding an improved shopping experience, which encompasses parking, mix of retail and leisure, unit size and product range.
"Furthermore, the significant growth in online shopping is having a profound effect on retailer property strategy, with many of the towns in our worst performing list losing high street stores in favour of stronger in-town and out of town centres"