Monetize your vacant restaurant and bar space in London
Earn money and find clients by listing your restaurant and bar space for free in London in less than 5 minutes
Make the most of Storefront’s 45-day free trial. Storefront connects landlords and space owners in London with top brands, retailers, agencies, entrepreneurs and artists actively looking to rent restaurant and bar space like yours.
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Why we need to rethink vacant about restaurant and bar spaces in London?
London’s restaurant and bar spaces have long been a part of the city’s culture and identity, providing a place for people to come together to enjoy food, drink, and conversation. However, the recent closure of many of these establishments due to the pandemic has left many sites feeling empty and forgotten.
While it may seem like a lost cause, we must rethink the potential of these vacant restaurant and bar spaces in London as they still have the potential to be used in creative and meaningful ways. Although the situation may seem bleak, with the right vision and dedication, these spaces can be repurposed to benefit the local community in various ways.
London has some of the most iconic and well-known bars and restaurants worldwide. So it’s not surprising that the city is home to a large number of spaces that are sitting vacant. The vacancy levels have increased in London, with more than 3,000 vacant units recorded in 2017. The reasons for this are varied, but there are several factors that all contribute to the problem.
How to start a restaurant and bar venue rental business in London?
Starting a restaurant or bar venue rental business in London is difficult. There are many things to consider before you start. You need to find the right location and ensure you have enough money to sustain your business for at least a year.
- The first thing you need to do is decide on the type of food or drinks that you want to serve at your venue.
- You also need to figure out what kind of atmosphere and ambiance you want your restaurant or bar to have. Everything from the decor, furniture, lighting, music and even the menu must match what you are trying to achieve with your venue.
- Once these decisions are made, it is time for location scouting. This includes finding a place with sufficient foot traffic, and many people looking for restaurants or bars near their homes or offices.
Starting a restaurant and bar venue rental business in London can be a great opportunity for budding entrepreneurs. With the right plan in place, the necessary permits and licenses obtained, and a professional team assembled, there is no doubt that a successful and profitable business can be created.
With the help of this guide, you should now have the knowledge and know-how to make your dream of starting a restaurant and bar venue rental business in London a reality.
List your restaurant and bar space in London and get bookings today!
The advantages of listing your restaurant and bar space in London with Storefront
1. Free Trial
2. Connect with amazing projects
3. Maximize your visibility
Is my space a good fit?
Discover your space’s potential on Storefront.
Utilize our free calculator that evaluates your space by comparing it to similar listings on Storefront. You’ll receive an estimate of the inquiries and bookings your space could attract.
How to succeed with Storefront
Maximize your restaurant and bar space potential with three easy steps to win more renters on Storefront.
- Enter your daily price so that it is publicly displayed. Pricing is necessary to get relevant requests from qualified renters who can afford your restaurant and bar space.
- Photos are your most important marketing tool. Listings with at least six high-quality photos taken from a variety of angles get more bookings than those without.
- Update your availability calendar to show prospective renters when they can book.
- Respond to inquiries within 48 hours. Projects often find a new space within five days – keep a competitive edge with a speedy reply.
- Enable SMS notifications to close deals faster. Hosts with SMS notifications enabled are more likely to be able to start a conversation and get a quote within 24 hours.
- Always accept payments through the Storefront platform. Add your bank account information to get faster bookings. Then you can pre-approve brands to rent your restaurant and bar space. Learn more about collecting payments here.
- Boost your space to appear higher in the search results. Once your listing is live you have the option to Boost your listing with a monthly subscription. Boosted listings appear at the top of relevant searches and consistently receive more views, inquiries and bookings.
Monetize your empty restaurant and bar space in London
Listing your restaurant and bar space in London with Storefront in three steps
- It takes 5 minutes
- Take some great photos
- Get your contact and payment details ready
How to set up a restaurant and bar venue in London?
London is one of the most expensive cities in the world. That makes it hard for restaurants and bars to set up in London. But there are some ways to make it easier.
- One way is by getting a venue outside London and opening a restaurant or bar in that location. This option is good for people with enough money to spend on rent and other expenses outside of London.
- Another way is by finding an affordable venue inside London. This option can be difficult because it is difficult to find affordable venues with high-quality service and food quality that will please the customers.
- The last way, which is not as popular but still possible, is partnering with another restaurant or bar owner to share expenses and save money on rental space.
Setting up a restaurant and bar venue in London can be daunting and time-consuming. However, by taking the time to research the rules and regulations, securing the necessary permits and licenses, and obtaining the proper insurance, you can ensure your business is set up for success. With the right planning, you can open a profitable and legally compliant restaurant and bar venue in London.
Find more renters with amazing photos
- Take professional photos
- Write a top-notch space description
- Put down the right pricing
What to do with vacant restaurant and bar space in London?
There are many reasons for the high vacancy rates. One of them is that some restaurants and bars cannot find a suitable location. Another reason is that these spaces are too expensive for start-ups or small business owners.
- The first way to address this issue is by giving free space to start-ups and small businesses that want to open a restaurant or bar in London. This will help them get started without worrying about the high costs of renting a space.
- The second way would be to offer flexible leases on vacant spaces so that they can be used by restaurants and bars when needed but can also be used for other purposes when they need the space back.
- It is also worth considering providing grants or tax incentives for those who want to open new restaurants and bars in London to make it more affordable for them.
London’s vacant restaurant and bar spaces can be used for various creative and innovative purposes. From coworking spaces to art galleries, to event venues, to restaurants and bars, there are many ways to use these empty spaces. With creative planning and effort, these spaces can be transformed into vibrant activity hubs, offering visitors a unique and exciting experience.
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How long does it take to fill vacant restaurant and bar space in London?
Opening a successful restaurant or bar in London is a challenge. The city is well known for its bustling restaurant and bar scene, with many venues competing for customers. The process of finding a suitable property and getting it ready to open can take several weeks, if not months. Once the space has been secured and all necessary paperwork is in order, it can take a while to fill it.
Factors such as location, pricing, and quality of food and drinks all have to be considered in order to attract customers. Advertising and marketing campaigns are also necessary to draw people in. Ultimately, it can take anywhere from a few weeks to several months to fill vacant restaurant and bar space in London, depending on the circumstances.
Fill your vacant restaurant and bar space in London with Storefront for free!
How to make an empty restaurant and bar space look inviting in London?
London’s bar and restaurant space is a very popular place for people to gather. However, the lack of space can make it look less inviting. To make a space look more inviting, you can use the following tips:
- The first thing you should do when creating a restaurant or bar has a good idea of what it will look like. If you don’t know what it will look like, you should hire someone who knows what it will look like.
- The second thing you need to do is put together some pictures of your ideal location and add them to your website. This way, visitors can see how your restaurant/bar would appear in real life, and they can decide if they want to visit it or not.
Making an empty restaurant and bar space look inviting in London does not have to be a daunting task. With some strategic design, lighting, and decor, you can transform your space into an inviting and warm atmosphere that patrons will love.
Don’t forget to take advantage of outdoor space, too! With creativity, you can attract customers and make your restaurant or bar an inviting and enjoyable place.
5 Key Steps to Managing a Successful restaurant and bar Venue Business in London
Opening and operating a restaurant and bar venue in London is no small feat. From sourcing, the right staff and ingredients to ensuring quality customer service, the day-to-day operations of a successful venue can be incredibly demanding. However, with the right plan and preparation, any business can succeed in the bustling London market.
- The first step is to do your research. Research the market, the cost of running a restaurant and bar, and what your competitors are doing.
- Secondly, you have to decide on your business model. Do you want to be a chain or a single site? If you want to be a chain, decide how many sites you want to open and plan for that number. If you are going for one site, decide on the size of your venue and its location.
- Thirdly, find out what type of food or drinks people like in your area and develop that menu accordingly.
- Fourthly, find out if there is an opportunity in the market for something new or different from what other venues offer.
- Finally, identify what differentiates your venue from others – this could be anything from location to décor or even just being open during certain times (e.g., only serving breakfast).
There are many steps to successfully managing a restaurant and bar venue business in London.
Make your restaurant and bar space successful in London with Storefront
Any type of space can thrive on Storefront, from vacant retail space to industrial lofts.
After all, one thing that makes Storefront unique is its diversity of options.
Maximize Your Storefront Listing
Once it’s published, Boost it.
Boost your listing for more inquiries
- Once you’ve created your listing in the Storefront platform you will have the option to Boost it.
- Boosted listings appear at the top of search results, outranking similar spaces.
- Boosted listings receive more views, inquiries and bookings.
- Boosting a listing is a monthly subscription that can be canceled at any time.
- The cost to Boost a listing depends on the type of space and location.
- When your listing is live you will see a Boost button next to each listing in the ‘manage listings’ section of the platform.
How to make money with renting your commercial restaurant and bar space in London?
London is a city that has many commercial restaurants and bars. Because of this, there is a lot of competition among businesses to rent out their space. There are many ways to make money by renting your commercial restaurant and bar space in London. Some of the popular options include:
- Renting your space for private events, such as weddings or corporate parties.
- Renting out your space to local businesses and organizations.
- Renting out your space for commercial use, including hosting pop-up shops and selling products on consignment.
- Renting your space for other events, such as concerts or conferences.
Renting out your restaurant and bar space can be a lucrative business venture in London. By understanding the local laws, getting the necessary permits and insurance, and creating an attractive listing, you can maximize your earnings from renting out your space. With a little effort and some savvy marketing, you can make money while still enjoying the ownership of your space.
5 Ways to Monetize Your restaurant and bar Space in London
Opening and operating a restaurant and bar venue in London is no small feat. From sourcing, the right staff and ingredients to ensuring quality customer service, the day-to-day operations of a successful venue can be incredibly demanding. However, with the right plan and preparation, any business can succeed in the bustling London market.
Restaurants and bars in London have a lot of space to fill. This is why they need to find ways to monetize that space. Here are 5 ways to do so:
- Make your restaurant or bar a destination.
- Make your restaurant or bar a gathering place.
- Host events for your restaurant and bar.
- Provide delivery services for food and drinks.
- Offer party room rentals.
Monetizing your restaurant and bar space in London can greatly increase your revenue and keep your business profitable. You can use many different methods to do this, from renting out space for private events to offering catering services or selling merchandise. By evaluating your options and making sound business decisions, you can ensure that your restaurant or bar space is successfully monetized.
Advertise your restaurant and bar venue in London on Storefront for free today!
Renting out restaurant and bar space in London
Finding the perfect restaurant or bar space in London can be daunting. It can be difficult to find the perfect spot to open a business amidst the bustling city. With the right guidance and support, finding the ideal space for your restaurant or bar dreams is possible. Renting out restaurant and bar space in London is a booming business. There are many reasons why it’s so popular.
- A prime reason is that it’s a flexible option for small businesses that don’t have the capital to invest in their premises.
- Another reason is that people who want to run their businesses can rent an existing venue instead of building one from scratch, which can be more expensive and time-consuming than renting an existing venue.
The trend of renting out restaurant and bar space in London is rising. With the right amount of research, business owners can find the right venues that could be the perfect fit for their needs. Venues such as bars, pubs, and restaurants offer a unique atmosphere that can be used to host special events, such as birthday parties, corporate functions, and even weddings. With the right planning, renting out restaurant and bar space in London can be a great way to make unforgettable memories.
Guidelines for renting out restaurant and bar space in London
A new trend in the London hospitality market is to rent out restaurant and bar space. This has become a popular option for those who want to make a living from their business but don’t have the capital or space to invest in it. Restaurants or bars in London can rent out space to other businesses. Certain guidelines must be followed to ensure that the rental is successful.
- The first thing you need to do before renting out restaurant and bar space is to make sure the food and drinks you serve are on par with what Londoners expect.
- You also need to ensure that your business is at a high standard of hygiene and cleanliness and has a good reputation.
All businesses in London need good customer service, so it’s always good for restaurants and bars to have a good reputation among their customers. The rental of restaurant and bar space in London is a complex process and requires careful consideration of the guidelines set out by the relevant authorities.
It’s important to consider the potential risks and benefits of renting out space and ensure compliance with all relevant regulations. Taking the time to understand and comply with guidelines can help create a more successful rental experience and ensure the safety of both tenants and customers.
Advertise your restaurant and bar venue in London
A restaurant or bar is a place where you can eat and drink. A venue is a place where you can hold parties, hire musicians, book entertainers, etc. When advertising your restaurant or bar venue in London, there are various ways to advertise your business in the city.
One of the most effective ways is through digital marketing, such as online advertising, video marketing, and social media marketing. The best way to advertise your restaurant or bar venue in London is through digital marketing, such as online advertising, video marketing, and social media marketing.
Advertising your restaurant and bar venue in London is a great way to reach new customers and increase sales. There are various methods, from traditional print media to digital platforms.
Combining these methods can help you maximize your exposure and reach the widest possible audience. A good advertising strategy will give you the best return on your investment and keep your business booming.
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Frequently Asked Questions
Having a live listing on Storefront requires a paid monthly subscription. However, we offer a free 45-day trial which doesn’t require credit card or bank details to get started.
After the free trial ends you will have to upgrade to a paid subscription to keep receiving inquiries.
Storefront takes 20% of the rental price as a transaction fee. This all comes out of what the renters pays. When you set your price in the platform you will clearly see how much you will receive per transaction.
Storefront offers a free trial of 45 days for new listings. After 45 days you will have to upgrade to a paid subscription to keep your listing live.
At the end of the 45-day free trial if you do not upgrade to a paid subscription your listing will be deactivated an go offline. Offline listings will no longer be visible to renters and you will no longer receive inquires
Once a space goes offline you will need to upgrade to a paid subscription to put it back online. As soon as you subscribe your listing will be visible to renters and you will start to receive inquires again.
Unfortunately not. Duplicate listings will not be approved and any such listings will not go live until the Listing Owner upgrades to a paid subscription.
After your 45-day free trial has finished you will need to upgrade to a paid subscription to keep your Listing live. The subscription is a monthly price that varies country to country. In the United States it costs $49 a month. Prices for other countries are similar but vary slightly depending on currency.
It takes less than 5 minutes to set up a listing. Check out this guide on how to list a space or click here to get started.
You can use the chat function to speak with renters in the platform. After you have worked with us for a
while you will be able to speak directly with them by clicking the ‘Request To Call Back’ button. This will
allow you to arrange a time to have a call with the brand. Please note: This functionality is not available to
everyone and we reserve the right to remove it if we feel it is not being used responsibly.
It usually takes 3-7 business days to process your payment.
Once you have confirmed your availability with the contact, you can click the button that say “Arrange
a visit” here you can suggest multiple dates and times that the brand can select.
A broad range of brands and renters use Storefront to find venues and spaces for their projects. From high street apparel to
high end showrooms and corporate events. If you make it clear in your listing what types of renters your space is
most suited to (including, event type, description, minimum duration, pricing etc.) you should only receive inquiries
from renters within your target demographic.
We do not organise viewings if you manage the listing. A select number of Storefront Listings are operated by the Storefront Concierge team but this is only for a very small number of listings and is a billable service (you will probably have to pay for it).
If you would like Storefront to manage your listing (including visits) please let us know and we will see if it’s something we are able to accommodate. There may be a fee involved. The best option will be for you to arrange your own viewings
with renters.
All types of commercial real estate perform well on the Storefront platform. Anything from retail, photo studios and art galleries to showrooms and warehouses. We attract a broad range of renters looking for all manner of use cases.
If the brand wishes to rebook, please instruct the brand to go back to the Storefront listing and rebook.
This is part of Storefront’s terms and conditions of usage and if you do not correctly follow this process we reserve the right
to pursue any guilty parties for breaching the terms and conditions.
Yes you can you can refuse a project if you feel the inquiry does not suit you or your listing.
Listing your space with Storefront takes five minutes. We have created a video walkthrough on how to list a space that can be found here.
Once your listing(s) has been published on Storefront you are immediately visible to potential tenants and able to start receiving inquiries. However, it is highly recommended that you scroll up and read the ‘How to succeed with Storefront‘ section of this page.
A highly optimised and well-managed listing will receive more inquiries and you will get more out of the Storefront platform. Optimising and managing your listing is straightforward, easy, and well worth the few minutes it will take.
We have created this video to help you.
You can also Boost your listing for a monthly subscription. This is done after your listing is published and live and will ensure your listing is one of the first relevant prospective renters see when searching the Storefront platform.