By M&C Report team2013-01-21T17:09:00+00:00
An increasing number of restaurants and cafes have been able to pay their rent over the three weeks following June quarter day, according to the latest data from property agency Colliers.
Britain’s managed pub, restaurant and bar groups saw sales drop just 1% in June from the same month in 2019, according to the Coffer CGA Business Tracker boosted by good weather.
British Land has agreed lettings with Neat Burger, Urban Pubs & Bars, Black Sheep Coffee and Honi Poké at its 155 Bishopsgate development.
JD Wetherspoon looks to sell seven pubs has appointed CBRE and Savills to sell seven of its pubs.
British Land has decided to halt rent concessions for its tenants following an uplift in trading across its properties and the extension of the rent moratorium until March 2022.
The freehold market proved a safe haven for McMullen & Sons during the pandemic thanks to investors choosing to keep their cash in pub assets.
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