Categories
Kitchen Rugs

Glasgow’s food and beverage sector slumps 15% in 2019 | Online

George Square Glasgow

Get-up in the city strike 65,000 sq ft, down 15% from the 12 months right before. However the proportion of just take-up by unbiased cafe operators grew by 25%, tallying at forty,000 sq ft.

Among the new restaurants have been pasta eaterie Sugo on Mitchell Road, Blythswood Square’s new modern-day brasserie Bo and Birdy, and Mexican bar and taqueuria Mezcal on Hope Road.

“For many independents, they have been priced out of quality rental areas and as a substitute opted for quirky areas which are lessen in rent, but however near sufficient to the centre to attract prospects,” explained John Menzies, director in the retail team at Savills in Glasgow.

“As a result, many of these enterprises have shown favourable turnover expansion which has, in flip, encouraged extra unbiased enterprises to open.”

Menzies included that he predicted 2020 to be a active 12 months for the casual dining sector in Glasgow.

“Interesting nationwide makes are predicted to open in 2020, such as Franco Manca, Mowgli, Pho and Wolf,” he explained.

“With margins tightening in the experience of growing operating costs, savvy occupiers are now on the lookout for smaller models of one,500 to three,000 sq ft, usually in quirky areas and in properties with architectural character.”

Suggested by Savills, United kingdom pub enterprises Mitchells & Butlers are also on the lookout for internet sites in Scotland.

Leave a Reply

Your email address will not be published. Required fields are marked *