Popular Shops and Stores buyers look to live close to

June 27, 2022

Location, location, location is a relatively famous quote in that we not only seek the perfect property to suit our needs, we are also after the perfect, fine location in what we then call our local community.

Easy access to, close to station, sea views, quiet location and more are quotes which will appeal to buyers and get regularly used by vendors. Many would say that the location is just as, if not more, important than the property – How many times have we heard that you can modify / improve your property, but you can not modify / improve your location? Surely then the first measure that you have to do is to search for a good location, then you can start searching for homes for sale in that area.

What we look for in a location includes:

  • Crime rates
  • Travel / transport routes in / out
  • Proximity to work
  • Schooling
  • Shops
  • Leisure / lifestyle
  • Hospitals / healthcare

When it comes to shops there are many we can choose from which mostly, in the eye of the buyer, will be necessity of supermarkets being close as well as other super stores such as DIY, electrical, furniture (IKEA) and clothing.

Additionally, the following are also popular in the desirability to be local when purchasing property:

  • Coffee shops (Costa / StarBucks)
  • Fast food (McDonalds / KFC / Pizza Hut)
  • Bargain stores (Poundland)
  • Food stores (Waitrose / Tesco / Sainsburys)
  • Boutiques / designer stores (clothing / jewellery)
  • Antique stores

Compromising on location over property will mean usually accepting reduced floor space, vice versa will give you options to improve on the property as demand is likely to be less thus meaning lower value per m2. Are you prepared to drop a few m2 of floor space in order that you can grab your cappuccino conveniently each morning from Costa’s on your way to work?

If there is a Waitrose nearby, you can expect to sell your property for as much as £43,571 more than similar houses in the area, Marks and Spencer attract a premium of £40,135 and those close to a Sainsbury’s go for an average of £32,707 more. source express

 

 

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Breaking News

UK Construction Sector Activity Remains Stagnant

Glenigan’s data shows construction sector performance is depressed in a tough socio-economic landscape The value of underlying (under £100 million) work starting on-site during the three months to the end of July declined 11% and fell 29% below last year’s levels. Residential construction starts fell sharply, declining 25% against the preceding three months and dropping…
Read More →
Estate Agent Talk

Seven fire safety myths every business should avoid

Fire safety is one of those responsibilities that often doesn’t receive the attention it deserves – until something goes wrong, that is. For many businesses, compliance has fallen into the trap of being a tick-box exercise that’s centred around annual inspections, manual training exercises, and having the right paperwork in place. And although these are…
Read More →
Breaking News

Suzy Lamplugh’s legacy underlines the need to always make lone-worker safety a priority

More than 40 years after estate agent Suzy Lamplugh disappeared while attending a work appointment, her legacy remains a powerful reminder that personal safety must be central to workplace practices. On 28 July 1986, 25-year-old Suzy Lamplugh left her London office for an appointment and never returned. Her disappearance led her parents, Diana and Paul…
Read More →
Breaking News

Prime London sellers return to market

The latest analysis from Beham and Reeves has found that the number of homes listed for sale at £2m or above across Prime Central London increased during the second quarter of 2026, although performance continues to vary considerably between the capital’s most prestigious neighbourhoods.   Benham and Reeves analysed current Prime Central London property listings…
Read More →
Estate Agent Talk

What to know when buying land

The closure of UK Land & Farms (UKLAF) has left a significant gap in the UK’s specialist land market with buyers and sellers now forced to adapt after 18 years of relying on UKLAF as the cornerstone of the industry. As interest in land continues to grow, the company says the closure also serves as…
Read More →
Letting Agent Talk

Tenant demand strong, landlord supply shrinking

New RICS data shows tenant demand at its strongest in over a year – while landlord supply keeps shrinking. That’s not bad luck. It’s a trust problem, and it’s fixable. “These numbers should be good news for landlords. Demand is the strongest it’s been in over a year. Instead, they are deciding to head for…
Read More →