Supermarkets were found to be the most sought-after high street establishments according to a recent survey by Market Financial Solutions.
The independent survey, which included 2,000 adults, revealed that having a vibrant local high street was important for 51% of respondents when choosing where to live.
Additionally, 28% stated they would pay more for a property close to one.
The research found that 91% of those surveyed considered supermarkets as an essential or important part of a high street.
Healthcare establishments, including GPs, dentists, and opticians, followed closely at 90%, while post offices came in third at 89%.
On the lower end, only 34% of people viewed boutique shops for fashion or home décor as essential or important, with gyms and fitness studios just above at 42%.
In terms of hospitality venues, 61% deemed pubs essential or important, which lagged behind cafés and coffee shops at 65%, and restaurants and takeaways at 68%.
Paresh Raja, CEO of Market Financial Solutions, said: “Convenience reigns supreme, with UK adults naming supermarkets as the most essential element of a high-quality high street.
“More than that, with 28% willing to pay more for a property close to a vibrant one, it is clear that vibrant high streets remain integral to the decision-making of many Britons when searching for a home.
Raja added: “For all the speculation about the death of the high street over the past two decades amid pressure from eCommerce and rapid delivery services, they are evidently still at the heart of local communities.
“The resilience they have shown and the popularity they still have suggests they’ll continue to hold strong appeal in both the residential and commercial property markets in the years to come – something property investors ought to consider.”
