The UK has voted to leave the European Union. Before the EU referendum, commentators were trying to predict what the effect might be on the UK’s property market. With its current high level of investment and development, the fate of London’s property market was of special interest, with house prices expected to fall. But how might Brexit affect London leisure property? A complex market Modern… Read more
Generation Y – children of the Babyboomers – are reaching the peak of their powers. By 2020, they will make up three quarters of the UK’s workforce, representing a huge demographic for UK restaurateurs. Last year we wrote about how important it was for the leisure industry, from operators to landlords, to cater for this millennial generation, as their spending power eclipses that of their… Read more
Over the past 15 years, Restaurant Property has become the leading specialist agency for London’s leisure sector. 1. Confidentiality Confidentiality and an informed, professional approach are absolutely key in the leisure property market. If a party’s interest in a property becomes public knowledge, this can affect prices, and a business’s management may want to shield staff from the sales process. It is clear that a… Read more
In the restaurant industry, opening new stores is often seen as a success in itself. More often than not, it is the expansion of an exciting new brand rather than the efficient management of an estate that grabs the industry headlines. But for big national operators, disposing of properties within a portfolio can be part of a bold strategy, securing success for the future. Here,… Read more
In a vibrant city like London, the first sunny weekends of April and May see diners explode out of cafes, bars and restaurants, onto the streets and pavements of the capital’s thoroughfares. It’s one of the most exciting and, potentially, lucrative times of the year for the restaurant business, as customers rush to make plans to enjoy the first of the summer. It is now… Read more
Livio and Lorenzo Belpassi, famed for their meatball truck (parked at Spitalfields Market) will be swapping the streets of Shoreditch for South London with a 40-cover restaurant and car in Tooting. Following a culinary crusade across Northern & Central Italy in search of the perfect meatball recipe, Livio and Lorenzo conceived of Belpassi Bros meatball company. A series of creative collaborations followed including a month-long… Read more