IDEAS home Printed from https://ideas.repec.org/a/eme/jpifpp/v31y2013i3p285-297.html
   My bibliography  Save this article

Motorway service areas – markets and rentals

Author

Listed:
  • Felicity Bawden

Abstract

Purpose - This research investigates the drivers for the rental value of motorway service areas and aims to identify and analyse these factors to provide a better understanding of the retail opportunities in these locations. Design/methodology/approach - The primary research looked at the reasons that clients/customers chose to visit motorway service areas. In addition, the research included two case studies of motorway service areas and a number of interviews with experts in the field. Findings - The main findings determined that there has been an increase in turnover figures which, as motorway service area rents are mainly calculated as a base rent and percentage of turnover figure, shows there is an increase in rental value. It is also proffered that the regulations set out by the Highways Agency and Department for Transport are holding back growth of motorway service areas. Originality/value - There is very little research undertaken on the rental determinants of motorway service areas as a sub‐set of the retail market. This research provides an insight into the mechanics of this sub market and identifies the drivers of rental values.

Suggested Citation

  • Felicity Bawden, 2013. "Motorway service areas – markets and rentals," Journal of Property Investment & Finance, Emerald Group Publishing Limited, vol. 31(3), pages 285-297, April.
    • Handle: RePEc:eme:jpifpp:v:31:y:2013:i:3:p:285-297
    DOI: 10.1108/14635781311322247
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/14635781311322247/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/14635781311322247/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/14635781311322247?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:jpifpp:v:31:y:2013:i:3:p:285-297. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.