Mark Hix: “I am not going to do any more restaurants in London”

By Adam Bloodworth

- Last updated on GMT

Mark Hix London restaurants
Chef restaurateur Mark Hix has ruled out any further restaurant openings in the capital citing excessively high rents, and has also predicted that many restaurants in Soho will soon have to close in the face of rising operating costs.

Hix - who currently runs five restaurants in London including Hix Soho, Tramshed and Pharmacy 2 as well as a venue in Lyme Regis, Dorset - says that the capital’s restaurant market has become saturated with food businesses of all types and that traditional restaurants are struggling to compete with smaller players that generally have lower costs.

“There’s an awful lot of choice,” Hix told BigHospitality's​ sister website Food Spark​ “In Soho, I counted 30 street food stalls in Berwick Street. They don’t have to go through the vigorous health and safety procedures we do, they just set up and open.

“Soho landlords have almost doubled our rent and business rates. It’s becoming more and more difficult to operate and turn a profit,” continues Hix, who believes that landlords have shot themselves in the foot with unsustainable rents.

“Restaurants are just going to move out. You always challenge [the rents], but it is what it is. You get the rent down a little bit, but you still end up paying a hell of a lot. If it’s £200,000 extra rent on business rates, it means you have to earn an extra million quid, which is impossible.

“I am not going to personally do any more restaurants in London. Open the papers and somewhere like Terence Conran has gone tits up, and Jamie Oliver’s closing restaurants. A lot of people are closing rather than opening. Now is a time for everyone to knuckle down and think about stuff.”

 
Article originally published on foodspark.com
Read more content from Food Spark by applying for a free, full access two-week trial.

Food Spark is a digital subscription service, designed to inspire and inform innovation across the food industry. For anyone needing to stay ahead of the culinary curve, Food Spark will offer immediate access to the emerging trends, ingredients, personalities and headwinds defining the future of food. To request a free, full access two-week trial contact joinus@foodspark.com or 01293 610371.

Related topics: Business

Related news

Show more

Spotlight

Follow us

Hospitality Guides

View more

Featured Suppliers

All suppliers