Friday, November 21, 2008

Retail Space for Food and Why It's So Hard to Find

Finding good retail space in Boston is tough enough because the city is so small and space is limited as it is. Finding space for food is that much more difficult...why?

1. It poses a higher liability which translates to higher insurance for owners
2. Where there is retail space in Boston, there are often residents as well and they complain about the smells that come with a restaurant. This is especially an issue on Newbury Street, which is one of our desired locations.
3. Oftentimes, retail space is not food service-ready, which means we would have to install a kitchen and ventilation system, thus transforming the space.

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