We specialise in property investments with occupiers that are primarily in the alternative sectors comprising – leisure, hospitality, roadside and healthcare.
• Restaurants recovering slower than pubs
• London suffering more than rest of Britain
• Delivery’s share of sales up
Sales across the market saw an improvement on previous weeks although they remain significantly below pre-COVID norms
Managed pub, bar and restaurant operators are still trading well below pre-COVID norms, but are seeing a steady improvement in sales as more sites reopen across the country.
Improved sales in the second week after shut-down was lifted as more sites also reopened
Managed pub, bar and restaurant groups that had sites open in England in the first week after shut-down was lifted have reported collective like-for-like sales 39.8% down on the same week last year, according to latest Coffer Peach Business Tracker data.
Managed pub, bar and restaurant companies that opened sites in England last weekend have reported like-for-like trading 44.5% down on the corresponding weekend last year, according to latest Coffer Peach Business Tracker data.
Coffer Corporate Leisure continued to be very active in the investment market in 2019. Read our selected transactions here.
NW London sale represents lowest yield achieved for a drive-thru investment
Purchase of three London pub investments let on long leases to EI Group.