An Essex city has ranked as one of many UK’s hottest purchasing locations, in line with new figures.
In a latest examine, Saffron Walden was discovered to be one in all our nation’s most cherished purchasing hotspots during the last 12 months.
Out of 1,000 fashionable purchasing places, Saffron Walden ranked fiftieth within the newest knowledge set out by strategic retail property consultancy Harper Dennis Hobbs (HDH).
Their analysis means that areas like Saffron Walden, away from the foremost inner-city purchasing locations, have seen a rise in native purchasing with shops similar to grocers and pharmacies being allowed to remain open throughout lockdown.
The HDH Vitality Rating ranks the purchasing quarters in line with a number of elements together with the change in residents’ motion, emptiness charges and suitability to native customers’ calls for.
Andy Metherell, head of retail consultancy at HDH, defined: “Our evaluation is exclusive as we use variables that each customers and retailers think about when assessing purchasing places to rank the highest 1,000 retail centres in Nice Britain.”
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He continued: “This Vitality Rating seems very completely different from earlier years because the ‘retail well being’ of excessive streets throughout the nation has seen contrasting fortunes because the begin of the pandemic.
“Probably the most very important retail centres at the moment present providers which can be important to folks’s lives, similar to grocers and pharmacies.
“These important retailers have been in a position to commerce all through the strictest lockdowns, and customers haven’t been keen or in a position to journey far to go to these shops.
“Procuring patterns have due to this fact modified considerably because the begin of the pandemic, and customers’ native excessive streets are benefiting on the expense of main locations.”
The highest 25 retail locations are dominated by commuter cities for London.
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Dan Hildyard, head of UK retail at HDH, says the pandemic has undoubtedly had an impression on the place excessive streets rank.
“Extra restricted client purchasing habits have had an unlimited impression on the relative success of excessive streets this 12 months, with a shift to dwelling working encouraging residents to reconnect with their local people,” he mentioned.
“Affluence is an element right here, and a few customers are protected against job losses seen in different industries.
“Whereas metropolis centre locations have suffered from journey restrictions and the absence of workplace employees, the basic strengths of those places stay, and we count on them to bounce again over the course of this 12 months according to restrictions being eased.
“These centres are additionally leisure and tradition sizzling spots, and lots of will likely be trying ahead to returning when it’s secure to take action.”
