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Recession UK wakes up and smells the coffee

The Local Data Company report shows that multiples increased by only 4.9% across the UK’s top ten cities, suggesting that regional and more rural areas have seen the biggest growth.

Based on the size of the town centres, the nation’s coffee capitals are Camden Town in north London (66 outlets), Brighton in Sussex (121) and Edinburgh town centre. (182). York, Bristol and Manchester follow closely behind. The most coffee-free towns include Cockfosters (1) Hyde (1) and Wolverton (1).

In London, there is one coffee shop for every 1105 shoppers, compared to Cardiff which has one for every 14,452 shoppers.

Coffee is one of the few areas of retail where independents rule the market. The Local Data Company statistics show that independents’ market share increased to 70%, taking 1% from the multiples.

James Moss, director at Curzon Investment Property, said: "Because of the recession, many more business meetings are held over coffee rather than expensive meals. And with a growingly mobile workforce, the rise of wi-fi has meant that more and more people can spend their days working in coffee shops."

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