Ten years ago, most restaurateurs would have ruled the following areas out entirely when it came to finding premises for their new ventures. Today, popularity in these areas is growing quickly, and the properties located there are commanding high rents and premiums.
N16 – 80 licensed premises in 2011 – now 115
A postcode that includes the flourishing districts of Stoke Newington, Shacklewell and Clapton, it has increased its number of licensed premises by more than half in the last five years. Independent restaurants and neighbourhood bars dominate here, with chains relatively thin on the ground.
E1 is home to some of East London’s most famous landmarks, such as the 350 year old Spitalfields Market, former brewery premises Truman Brewery which has been reborn as a home for independent boutiques, bars, a food hall and music venues, and the more recently built Boxpark Shoreditch, a shipping container and pop-up mall for independent and global fashion and lifestyle shops and cafes, such as our clients Falafelicious and Sushilicious. Boxpark Shoreditch has been such a hit that its sister site, Boxpark Croydon will be opening in September this year.
This niche postcode encapsulates the luxury shopping area which is Regent’s Street, as well as Great Portland Street and Kingly Court, which over the last few years, has transformed itself from a quiet courtyard for fashion boutiques to an exciting hub of restaurants, cafes, bars and food operators. Our clients Le Bab and Senor Ceviche are just a small selection of the big names at Kingly Court.
E8 – 76 licensed premises in 2011 – now 105
South of Stoke Newington, this slice of London includes Dalston, Hackney and London Fields, and more of the capital’s coolest hang-outs. Late-night bars and clubs are strong, as are artisan coffee shops and pop-ups. Its potential is shown most vividly at Dalston Yard, the Street Feast collective that houses several dozen street food and drink vendors.
E20 – Zero licensed premises in 2011 – now 51
Previously a fictional postcode used in EastEnders, E20 was adopted as the address of the Olympic Park and Athletes’ Village after the London Olympics. The district known as East Village is now one of London’s most desirable postcodes, and home to a crop of edgy independents. It also includes Westfield Stratford, which has attracted several dozen brands since opening in late 2011.
SW9 – 62 licensed premises in 2011 – now 80
SW9 has played a key role in the rising popularity of the southern fringes of London. It incorporates parts of Stockwell, Clapham and, most significantly, Brixton. This has been one of the most transformed areas in London over the last few years, with buzzy Brixton Market being home to growing brands such as Franco Manca and Honest Burgers.
SW14 – 24 licensed premises in 2011 – now 33
A triangle of land that spans from the Thames down through Mortlake and East Sheen to Richmond Park, SW14 is popular with young professional families. Pizza Express, Kerbisher & Malt and many coffee shops are among the big brands rubbing shoulders with independents vendors here.