26 August 2020
Grosvenor Extends Eat Out to Help Out into September
Landlord acts to support café, bar & restaurant tenants in London’s West End
Visitors to Mayfair & Belgravia can continue to enjoy discounts from the Eat Out To Help Out scheme, after a decision by landlord Grosvenor Britain & Ireland to fund an extension of the Government scheme into September.
Participating tenants will be offering half price meals, up to the value of £10, every Monday to Wednesday, and will be reimbursed by Grosvenor in the form of reduced rent.
The hugely popular scheme attracted over 85,000 participants with 35 million meals served in its first two weeks, supporting jobs in the hospitality industry and wider local economies.
Amelia Bright, Executive Director of the London Estate, Grosvenor Britain & Ireland commented: “EOTHO was a huge boost to the economy and gave people confidence in socialising again. But Central London is not yet back on its feet.
“We’re doing all we can to bring people back to the West End to enjoy its world class retail, beautiful architecture and fantastic restaurants. From Michelin starred meals to the local fish and chip shop we have something for everyone”.
Central London’s economy has been much slower to recover than many other parts of the UK and the Mayor of London, Sadiq Khan, recently published eight proposals to ‘save the West End’.
Restaurant transactions in central London in mid-July were 80% lower than in January. This is compared to many suburbs which had enjoyed a faster recovery and were seeing transactions at, or closer to, pre-pandemic levels+.
Research* on the impact of the scheme showed that of respondents dining out on the EOTHO scheme, 60% wouldn’t have done so had it not been for the discount.
Jamie Jones, Operations Director of the Mayfair Chippy added: “The Eat Out to Help Out scheme has had such a positive impact and has boosted food and beverage sales as planned. The West End is extremely quiet at present so we are so happy that Grosvenor will be continuing with their own version of the scheme to help restaurants, cafes and customers alike. Thank you Grosvenor for your continued support."
Click here to see all restaurants currently participating.
Extending EOTHO is the latest in Grosvenor’s programme of support for affected local businesses and communities. Between April and July, the landlord waived rent for hundreds of retailers, cafes, restaurants and charities and continues to support businesses and retail destinations as they reopen.
About Grosvenor Britain & Ireland
Grosvenor Britain & Ireland creates great places where communities, business and nature thrive.
We are part of a global property business that has been developing and managing land and property for over 340 years.
Our heartland is in London’s West End, where we support 9,000 residents, c1000 businesses and 50,000 workers every day. We also create and manage sustainable new neighbourhoods in London and across the South of England. We think long-term and give equal weight to the social and commercial impact of everything that we do.
Follow us on:
Linkedin: Grosvenor Group
Notes to Editors
+ Centre for London research, August
* As reported in the Morning Advertiser, 18 August