Rental values and premiums for units requiring late-night licenses will increase this year, according to The Coffer Group.
The group has also predicted that the new year will see more funds paying premiums for investment property with index-linked growth, as investment yields for leisure properties will decrease due to high demand.
The year is also expected to see the emergence of new pub brands as well as the expansion of established groups.
In the London market, the migration of many successful central London operators to more suburban locations will continue, leading to increasing rents and premiums for restaurants – especially bars and pubs – in those areas.
In the restaurant sector, Malaysian food concepts are expected to flourish and there will be a surge in the healthy eating sector, leading to an increase in the number of bespoke restaurants and bars in high end retail stores.
