Britain's 10 best and worst high streets revealed
Is your local high street on the list?
The UK’s best and worst shopping districts have been revealed. Climbing to the top of the list to become Britain’s most favourable shopping location was the city of Cambridge. Shields Road in Byker, Newcastle-upon-Tyne was rated the worst.
Property firm Harper Dennis Hobbs judged 1,000 different locations to determine the rankings.
The firm looked at the mix of stores in each area and considered its suitability with local needs. It also took into account vacancy rates and the number of ‘undesirable’ shops in the area. Undesirable stores, as defined by Harper Dennis Hobbs, included pawnbrokers and betting shops, among others.
Britain’s top 10 retail locations:
- Westfield, London
- Wimbledon Village
- Canary Wharf
"Cambridge has seen more and more retailers move in and it's very much on the radar. It's on the Chinese tourist bus scene. There's a demand for luxury retail there," said Jonathan De Mello, Head of Retail Consultancy at Harper Dennis Hobbs.
Britain's bottom 10 retail locations:
- Shields Road, Byker, Newcastle-upon-Tyne
- Harrow Road, Paddington, London
- Stretford, Greater Manchester
- Tonypandy, Wales
- Walton Road, Liverpool
- Burnt Oak, north London
- Kirkby, Merseyside
- Selly Oak, Birmingham
- Shettleston Road, Glasgow
Almost a fifth of retail floor space is vacant on Shield Road in Byker, Newcastle-upon-Tyne. The high street there is said to be dominated by betting shops and money lenders, prompting its classification as the least desirable shopping spot.
Saving the high street
Even the high streets at the favourable end of the rankings are not the same as they used to be. A surge in online shopping has changed the way we think about our local high street.
Serial entrepreneur, small business fanatic and XLN Founder and CEO Christian Nellemann has devised a five-point plan to save UK high streets and the small, independent businesses that rely on them.
Read Christian’s manifesto here.