F&B operators have biggest appetite for space in London

Food and beverage operators have led demand for space in London over the last seven quarters, according to new research from Colliers.

In Q3 alone, F&B brands accounted for 137 of the 330 total retail space requirements tracked by Colliers. Fashion and accessories followed with 57 requirements, while leisure operators registered 52.

Compared to the same period in 2024, demand from fashion & accessories brands has risen by 61%, and leisure by 48%.

Across the first three quarters of 2025, Colliers tracked 937 retail space requirements, an increase from 666 during the same period last year.

Flora Young, director and head of F&B in Colliers’ London retail team, said: “The data reflects a clear and growing appetite from F&B operators to secure a presence in Central London. We have seen leading F&B groups such as MAD restaurants, JKS or White Rabbit Fund actively expand their presence in the capital already this year, alongside exciting new additions from smaller brands such as Public House, Bubala or Gold.

“Whether it is bigger international groups or new independent concepts, the sector is showing resilience and a forward momentum that’s encouraging for landlords and investors alike.”

Paul Souber, Head of One London at Colliers, added: “London’s retail and F&B landscape has seen an influx of new entrants over the past five years. The city continues to refine its offering, creating a vibrant, globally appealing environment for shopping and leisure. However, it is worth noting that while occupier appetite is strong, global economic uncertainty, rising costs and taxes coupled with higher fit-out and operational costs have tempered aggressive bidding. This cautious sentiment is expected to persist in 2026.”