POP-UP SHOPS Charity Retail Association Property Group 22nd May - PowerPoint PPT Presentation

POP-UP SHOPS Charity Retail Association Property Group 22nd May 2019

POP-UP SHOPS 1. Anything in this for charities? 2. What are they? 3. History 4. Current market 5. Who are the brokers? 6. Who are the tenants? 7. Top end Pop-Up shops 8. Low/no rent opportunities 9. Try before you buy

Volunteer models strut their stuff during St . Rocco’s hospice Spring Fashion Show.

Visit Our Pop-Up Charity Shop in Weston-super-Mare We have EXCITING news… we have opened a pop up charity shop in Weston super mare. Situated in St James street within The Market Place (behind TJ Hughes) we will be selling lots of goodies and are thrilled to have a presence in the town… We will be looking to receive donations for both shops, particularly ladies and childrens clothes, bric a brac and small items of furniture, maybe in need of an up-cycle. Drop offs can be made ideally to the sanctuary for sorting or directly to the Weston store.

CREATE POP UP CHARITY OR COMMUNITY SHOPS TO FILL EMPTY HIGH STREET SAYS OUR LATEST POLL 20 February 2019 Most people favour putting empty shops to community or charity use to keep high streets vibrant until a permanent store can open, according to new research. A survey commissioned by the Charities Aid Foundation, found seven in 10 people in the UK favoured handing empty high street sites to community groups until a permanent use can be found.

1. Anything in this for charities? • Amnesty International use Pop-up • Holly Hedge Animal Sanctuary grab shops to promote their cause opportunities in local shops • St Rocco’s Hospice held a charity • PDSA use empty retail units, aware of fashion show having to vacate at any given point • YHA used items left behind or donated • CAF survey reveals public support by guests at their youth hostels = YHA Day Pop-up Charity Shop event, • Read the blog by Valley CIDS Retail upcycling vintage and bargain finds to Visual Merchandiser & Events the public at venues across England Manager, Harriet Webster and Wales . • https://www.charityretail.org.uk/guest- • Lighthouse charity had a pop-up at blog-pop-up-shops/ The Buxton Vintage Fair

2. What are they? • ‘Pop - up retail’ • Use existing empty shops • ‘Pop - up store’ • 1 day – 1 year • ‘Pop - up shop’ • Easy in, easy out • ‘Flash retailing’ • Short notice

3. History • Vienna December • AT&T market 1298 used • Levi-Strauss empty shops and market stalls • Motorola • The Ritual Expo • 1997 worked with Courrielche to • Los Angeles event create pop-up shopping • created by Patrick experiences across the USA to Courrielche market their products to young • branded as a one-day audiences. "ultimate hipster mall.”

2. History • “Vacant” • Kate Spade • Los Angeles business • Gucci specializing in pop-ups • Louis Vuitton • February 2003 • Colette • Dr. Martens • 2006 UK • ‘Pop - up’ in empty shop • 43 Mercer Street, New York

4. Current market • UK‘s pop-up industry worth £2.3 billion • 0.76 per cent of total retail turnover • 44 per cent of customers say they have visited a pop-up shop in the last 12 months • Industry employs 26,200 people • 3,000 pop-up spaces in London alone (EE‘s Britain’s Pop -Up Retail Economy report)

5. Who are the brokers? Go-PopUp The Store Front https://www.gopopup.com/en/ https://www.thestorefront.com/ AppearHere HireSpace https://www.appearhere.co.uk/ https://hirespace.com/Top/London/Pop-Up-Shop-Rental WeArePopUp popupspace http://wearepopup.com/ https://www.popupspace.com/ Popertee Gumtree https://popertee.ai/ https://www.gumtree.com/commercial-property-to- rent/uk/pop+up

6. Who are the tenants? • Adidas • Ikea • Apple Music • Jaguar Land Rover • Brompton Bicycle • KLM • Dr Scholl • L’Oreal • Hermes – Paris • Phillip Morris

7. Top end Pop-Up shops Cabot Circus, Bristol Merchant Street Shop 2,305 sqft Day rate £99

7. Top end Pop-Up shops Great Northern, Manchester Industrial-Style Space 530 sqft Day rate £100

7. Top end Pop-Up shops Great Western Arcade Birmingham - Unit 25 791 sq ft Day rate £134

7. Top end Pop-Up shops Classic Gallery in Battersea Size: 460 sq ft Minimum Rental: 1 day Day rate £180.00 Weekly rate £1,260.00 Monthly rate £5,400.00

7. Top end Pop-Up shops Trafalgar Street, Brighton Retail Space 410 sqft Day rate £200

7. Top end Pop-Up shops Amazing Space On The King's Road Size: 521 sq ft Minimum Rental: 6 weeks Day rate £240.00 Weekly rate £1,680.00 Monthly rate £7,200.00

7. Top end Pop-Up shops High Wycombe 1750 Sq ft (163.0 Sq m) Day rate £448.00

7. Top end Pop-Up shops Prime Sloane Square Pop Up Boutique Size: 2,017 sq ft Minimum Rental: 1 month Day rate £480.00 Weekly rate £3,360.00 Monthly rate £14,400.00

7. Top end Pop-Up shops Prominent Corner King's Road Space Size: 2,907 sq ft Minimum Rental:6 weeks Day rate £640.00 Weekly rate £4,480.00 Monthly rate £19,200.00

8. Low/no rent opportunities • Tail-end leases • Blighted by environment • Awaiting planning • Unrefurbished condition • Due for development • Lack of demand (on-line effect) • Low footfall area • Short notice required • High business rates

9. Try before you buy • Occupation agreement • Seven Week Trial • Low or no rent • Minimal shop ‘fit out’ • Pop-Up mobile kiosks • Test locations or retail concepts • Pop-Up shop fittings • Returnable security deposit • Pay the business rates and utilities • Pop-Up shop designers • Schedule of Condition • Pop-Up retail contractors

Interested in low/no rent or a trial? • Tell us what are you looking for • We may have suitable space • Search the market for available shops • We persuade the owner and/or agents • Let you know

George M Cook Managing Director Pop-Up Retail Helping the High Street www.pop-up-retail.co.uk