High Street named among UK's priciest
Birmingham's High Street has remained in the UK's top ten most expensive shopping streets.
According to research by property company Cushman & Wakefield, the street in Birmingham's city centre is the sixth most expensive in the UK for the second consecutive year.
It was named as one of five costliest locations after five London streets took the top spots.
Also in sixth place on the list were roads in Leeds, Newcastle, Manchester and Glasgow.
Cushman & Wakefield said Birmingham's placing was given a boost after retailers Forever 21 and Hollister moved into the city's Bullring centre earlier this year.
Robert Alston, partner, Midlands & South West agency in Cushman & Wakefield’s Birmingham office, said: "Whilst demand for prime units in Birmingham city centre remains reasonably strong the former prime locations such as High Street, New Street and Corporation Street have seen significant reductions in rentals to achieve lettings.
"Lettings have been achieved on High Street to the likes of Currys.digital, Barclays Bank and Orange but rental values have had to fall to achieve these and incentives are still reasonably attractive."
