• Restaurants recovering slower than pubs
• London suffering more than rest of Britain
• Delivery’s share of sales up
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Sales across the market saw an improvement on previous weeks although they remain significantly below pre-COVID norms
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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.
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Improved sales in the second week after shut-down was lifted as more sites also reopened
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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.
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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.
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Coffer Corporate Leisure continued to be very active in the investment market in 2019. Read our selected transactions here.
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NW London sale represents lowest yield achieved for a drive-thru investment
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Coffer Corporate Leisure continues to be very active in the investment market after a remarkable year in 2018. Take a look at our latest brochure of selected transactions in 2018.
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