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Said it's a lot and it is a lot (4)

Ross

I believe the answer is:

site

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'a lot' is the definition.
The definition and answer can be both locations as well as being singular nouns.
Perhaps there's an association between them I don't understand?

'said it's a lot and it' is the wordplay.
'said' shows a homophone (sound like).
'it' becomes ''t' (abbreviation. e.g. in 'tis).
'a lot' means to remove the last letter (I've seen 'a lot of' mean this).
'and' says to put letters next to each other.
'it' becomes 'si' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
't' sounds like 'tea'.
'tea' with its last letter taken off is 'te'.
'te' after 'si' is 'SITE'.

'is' is the link.

Can you help me to learn more?

(Other definitions for site that I've seen before include "Web location; place" , "Location or piece of land" , "Building plot" , "Whereabouts" , "Locale" .)

I've seen this clue in the Evening Standard.
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