๐ถ Evaluating Footfall and Traffic Flow for Retail Properties
Last Update 7 months ago
If you’re buying a shop or retail unit, foot traffic is one of the most critical success factors. Here’s how to evaluate it:
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Visit During Peak Hours
Go at different times—weekday mornings, evenings, weekends—to measure customer traffic. -
Observe Nearby Businesses
Are nearby shops thriving or empty? Busy surroundings often indicate strong commercial viability. -
Accessibility
Is the property close to public transport? Is there parking? Easy access boosts customer visits. -
Road Visibility
Properties on main roads or near intersections get better attention than those tucked in back streets. -
Anchor Tenants Nearby
Supermarkets, banks, or popular chains near your shop can drive spillover traffic to your business or tenant.