Opening a new restaurant may rely on finding the right premises – that’s why Restaurant Property is here of course – but finding a great chef to run it is just as important. Your vision for your new restaurant is only going to be enacted by the right personnel who share your ideas for how to create a compelling, popular and thriving place to eat…. Read more
February 14th, Valentine’s Day, is fast approaching and soon amorous couples will be looking for somewhere to have a special romantic meal to celebrate their relationship. 1 in 3 UK adults are planning to celebrate the day this year and in 2015, two-thirds of people said they would be going for a meal for Valentine’s Day. In total, £557 million will be spent going out… Read more
There was a flurry of media interest last year at the news that bowls were beginning to replace plates in British households. The low-sided coupe bowl, sometimes called a pasta dish, has become a staple for consumers who are more and more likely to eat from their laps on a sofa rather than a table in the kitchen or dining room. For restaurateurs, this was… Read more
The average UK restaurant has a lifespan of about five years. That figure hides all kinds of stories of course, from pop-ups and short-lived experiments to stalwarts of the restaurant trade. But there’s no doubt that building long-term success is tricky, and requires hard work and planning. So, what is the secret of longevity for restaurants? You might not think that high end or independent… Read more
This month sees a whole range of new openings across the Capital. And it’s fantastic to see the breadth of experiences on offer: from a third location for New York-inspired group Dirty Bones in Shoreditch, housed in a Grade II-listed heritage building, to the exquisite pan-Asian restaurant group Tootoomoo opening its fourth site in Islington. If you are thinking of expanding your group to a… Read more
In 2014, the worth of the UK’s stock of commercial property rose to £787 billion – a 15% increase year on year. This was driven by the willingness of investors to pay more for a given rent following the return of economic confidence. For landlords looking to capitalise on this and sell their property, first impressions really count. At Restaurant Property, we know exactly what… Read more
According to the Business Outlook 2016 report, the restaurant sector is predicted to grow by about 10 per cent this year. This all stems from a stimulated restaurant buying market where operators are feeling confident enough to expand – albeit with the turbulence of Brexit. Taking out a lease for a new restaurant is where it all begins, and our restaurant property agents are the… Read more
How best to market your restaurant is a question of utmost importance in the competitive London leisure property industry. With competition more intense than ever before, our London restaurant property experts give a deep analysis of the key ingredients for restaurant marketing success. How Competitive Is the Capital? So just how competitive has London become? In a word, extremely. Cuisines from all corners of the… Read more
This is our final entry in the Across the Zones series to cover London. We have looked at the bold operators moving into Zone 1’s hot properties, examined the up-and-coming restaurants of Zone 2 and the property hubs around Zone 3 that serve commuter communities on evenings and weekends. In our final London-focussed piece, we cover those self-contained property clusters focussed around historic cultural centres: the… Read more