Boxpark will reduce rent for its food traders that wish to stay open under London’s tier 3 restrictions from tomorrow, and will waive rent for tenants who remain closed.
Under the previous two national lockdowns, the business ceased all operations across its three venues in Shoreditch, Wembley and Crawley, but has announced that from Wednesday – as hospitality operators in the capital enter a lockdown in all but name – it will remain open for takeaway and delivery.
As retail remains exempt from enforced closure restrictions, all retailers at its Shoreditch site will stay open.
“It is devastating that London has been placed into tier 3 less than two weeks after coming out of lockdown,” said Boxpark CEO Roger Wade. “This is a key trading period for the hospitality industry and the current government measures seem to unfairly target the hospitality industry when the reality is that the majority of covid cases are spread in care homes, schools, universities and workplaces.
“I fear these latest measures will be the final nail in the coffin for many businesses and we are working with our traders to offer them a sustainable way of trading under the current restrictions.
“Until we have a successful vaccination program, it is crucial we make the right holistic decisions. It makes more sense to have a complete lockdown rather than making the hospitality industry the sacrificial lamb!”
Precis
Boxpark to reduce rent for traders operating in tier 3
Boxpark will reduce rent for its food traders that wish to stay open under London’s tier 3 restrictions from today, and will waive rent for tenants who remain closed. Under the previous two national lockdowns, the business ceased all operations across its three venues in Shoreditch, Wembley and Crawley, but has announced that – as hospitality operators in the capital enter a lockdown in all but name today – it will remain open for takeaway and delivery. As retail remains exempt from enforced closure restrictions, all retailers at its Shoreditch site will stay open.
