Commercial space for cafes and restaurants in the UK ahead of offices and shops in efficiency

The company HARNESS Property Intelligence analyzed the change in the price of 1 sq. ft commercial premises for the period from 2010 to 2017, focusing on key regional cities – Birmingham, Manchester, Liverpool, Leeds, Bristol and Cardiff.The analysis showed that the performance of cafés and restaurants increased on average by 8.5% in seven years. The biggest growth was shown by the Birmingham – 15.8%., in second place is Cardiff, with growth of 10.8%.In Manchester and Liverpool growth of 9.9% and 9%, respectively, in Bristol, by 6.2%.Same premises for offices and retail, in contrast, show a decrease in efficiency. Exceptions are made only stores in Birmingham, where the area under the stores showed an increase of the average efficiency of 11.2%.This kind of analysis is very useful for assessing the health of individual sectors.Food culture outside the home is becoming increasingly popular among Britons, and there was a steady tendency to its growth. Despite competition in the form of developing food delivery services and unstable economic environment, the British prefer to have Breakfast, lunch and dinner outside the home.Our contacts regarding the sale and purchase of real estate in the UK:+79161561575 11.11.2019 G.