The business, which acquired Shelter Hall in Brighton last year, is keen to grow outside its London heartland, underpinned by its confidence in the long-term outlook for the UK’s eating and drinking out sector, which is forecast to grow at a compound annual growth rate (CAGR) of 3.1% by 2028.
Alongside venue acquisitions, Market Halls said it would continue to invest in experience‑led initiatives across its existing portfolio.
Recent updates include the launch of the ‘Hall Pass’ loyalty app, which has converted more than 7,000 users since its launch in January 2026, and the introduction of the new ‘Games Hall’ competitive socialising concept at Market Halls Oxford Street.
Next phase
Market Halls founder and executive director Andy Lewis-Pratt said: “Since the start, our ambition has been to create food halls that not only trade well but also act as cultural anchors.
“OakNorth has demonstrated a strong understanding of founder-led hospitality businesses and has been a supportive and flexible funding partner as we plan the next phase of our growth.
“As we continue to grow, our focus remains on acquiring and nurturing venues with real character, then enhancing them through thoughtful evolution rather than wholesale reinvention.”
Lewis-Pratt added Shelter Hall was a powerful example of how it can apply its operational expertise in a way that protects authenticity, elevates the guest experience and delivers sustainable value for traders, partners and the wider community.
Market Halls CEO Dan Hills commented: “Market Halls is entering a transformational chapter as we expand our model beyond London. Our experience‑led approach enables us to build long‑term value while staying true to the individuality of each location we operate in.”
Diverse range
Founded in 2017 by Andy Lewis‑Pratt, Market Halls operates four flagship London venues – Victoria, Paddington, Oxford Street and Canary Wharf – and Shelter Hall in Brighton.
OakNorth senior director of debt finance Stuart Blair added: “The UK’s eating out and drinking sector continues to demonstrate strong underlying demand, with the market expected to grow significantly through to 2028.
“This growth is being driven by operators offering a diverse range of high-quality food options, the continued return of office workers to city centres, and venues that create engaging ‘destination’ dining experiences.
”Market Halls has built a compelling platform within this space, and we’re delighted to support Andy, Dan and the team as they continue expanding the brand across the UK.”
- This story originally appeared in The Morning Advertiser’s sister publication MCA here.
