Specialist cost update: Fit-outs | Features

Lead times for typical stores
Programme factor	Number of weeks
Design / procurement	8-16 (overlap)
Manufacture / production	12-16 (overlap with installation)
Installation	16-22
A fashion store of a 8,000ft2 sales area:
Design / procurement	6-12 (overlapping)
Manufacture / production	8-12 (overlapping with installation)
Installation	8-10
A convenience store of 2,000ft2 sales area:
Design / procurement	4-8 (overlap)
Manufacture / production	4-6 (overlap with installation)
Installation	3-5
A food store of 30,000ft2 sales area:
Design / procurement	8-12 (overlap)
Manufacture / production	8-12 (overlap with installation)
Installation	10-14

Typical costs for a range of store types (£/m² gross floor area)
	Department store	Fashion(low-med)	Fashion(high-end)	Fashion(high-end boutique)	Food
Fit-out building works	774	531	3,357	2,690	565
Furniture and equipment	312	373	1,096	497	610
Sub-total	1,086	904	4,453	3,187	1,175
Preliminaries and OHP	153	135	1,345	769	225
Preliminaries and OHP	1,239	1,039	5,798	3,956	1,400
Sales area (% of gross)	67	82	75	75	64
m² (gross)	11,148	2,598	80	607	303
The costs exclude shell-and-core alterations as this report is focused on fit-out works. The cost of direct supply items, such as visual merchandise, tills and telephones, are excluded as price varies depending on the retailer. Some procure these items in bulk, usually with large discounts and issue them to their contractors for installation; others prefer to buy through their contractors. The figures also exclude lifts and escalators (with the exception of department stores) and fees.

Store fit-out costs for units in a new shopping mall
Shop unit type	£/m2
Fashion	1,152
Gifts, books and cards	1,183
Electrical and communication	838
Health and beauty	928
Jewellery	1,679
Restaurants and cafes	1,419
Shoes and accessories	1,440
Sports and outdoors	1,152
The fit-out costs exclude merchandising systems, IT installations, specialist installations and back-of-house equipment. The analysis was based on a fire insurance valuation for the shop units on a shopping mall in the UK.