Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LONDON-Cheapside, the prime retail pitch in the City of London, is the shopping centre with the best growth potential in the UK, according to agent Churston Heard and economic analysts Business Strategies. London’s Oxford Street also ranks high but the major regional malls fare less well in the survey.

The Business Strategies/Churston Heard Retail Potential Ranking analyses the potential for rental growth in a location based on rents currently payable, current retailer demand for space, spend per head and employment in the neighbourhood.

Cheapside is followed by Commercial Street in Leeds, Birmingham’s High Street and London’s Oxford Street. Next come Kensington High Street, Bristol’s Broadmead, Clarence Street in Kingston-Upon-Thames, Oxford’s Cornmarket, the Glades at Bromley and Manchester’s Market Street.

There are some changes in this year’s top ten. Kensington High Street, ranked fifth, is up 18 places from last year; Bristol’s Broadmead rises from 10th to sixth; and Manchester’s Market Street rises three places to 10th. The most improved major centre is Edinburgh’s Princes Street, which climbed seven places to 21st.

At the same time Petty Cury, Cambridge, has dropped out of the top ten, falling four places to 11th. High Street Putney in South-West London falls four to 12th, and Cardiff’s Queen Street is down five places to 15th. But Croydon’s Whitgift Centre falls 11 places in the rankings to 38th and Brent Cross in North London is down 27 places to 53rd.

Some of the newer regional shopping centres have also taken a tumble; Bluewater in Kent is down 64 places to 102nd position and the nearby Lakeside mall at Thurrock is down 83 places to 226th. In the North of England, Manchester’s Trafford Centre is down 28 places to 90th and the MetroCentre in Gateshead is down 96 places to 135th.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information

GlobeSt. NET LEASE Awards 2021Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.