Chinatown
Chinatown is unique in its concentration of restaurants and central location, close to Piccadilly Circus between the theatres and cinemas on Shaftesbury Avenue and Leicester Square. The area is noted for its high visitor numbers and long trading hours, with many restaurants open seven days a week and through the night.
At 31 March 2008, the Group’s holdings in Chinatown comprised 59 restaurants, 56 shops, 48,000 sq.ft. of offices and 70 apartments. These holdings were valued at £330.9 million and represented 25% by value of the Group’s portfolio.
Chinatown is home to a wide range of East Asian cuisine, with many varieties of regional cooking from mainland China, complemented by restaurants offering Thai, Malaysian, Cantonese, Japanese and Indonesian cuisine. In addition, there is a flourishing trade in Chinese and other East Asian produce and products, for both the restaurants and the public.
Many ancillary businesses, such as lawyers, accountants, health and fashion are located in the area to service the needs of the local community.
Shaftesbury is encouraging ever greater diversity in the range of food available in the area, and is working with local businesses and Westminster City Council to invest in the local environment to enhance the area’s long – established appeal.
Facts
| No. | Area Sq ft |
Gross income |
|
| Shops | 56 | 55,000 | 28% |
| Restaurants and leisure | 59 | 177,000 | 59% |
| Offices (tenancies) | 63 | 48,000 | 7% |
| Residential | 70 | 45,000 | 6% |
Useful contacts
All enquiries for Chinatown
Thomas Welton
Property Director
