London coffee houses – The Property Chronicle
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London coffee houses

Golden Oldie

Where modern office work began

Originally published March 2022.

I love coffee. I love spending time in great cafes.

So I have always been curious about the numerous plaques around the City of London marking the site of 17th-century coffee houses.

Coffee houses were clearly of historical importance. Indeed, at one point there were over 1,000 coffee houses in the capital.

But when I first moved to London around 20 years ago, there was scant evidence of a coffee culture. And if coffee houses were a key part of London’s history, where are the grand, historical cafes to rival those of Paris, Vienna or Budapest?

What then were the coffee houses? Why did they matter? What happened to them? And where are their decedents?

Well, the key point about London’s coffee houses is that they were really about the coffee.

Having recently been imported via Constantinople, coffee may have been novel. Drinking it might have felt very modern and metropolitan. And it might have been addictive. But those of us accustomed to today’s flat whites would not have liked what passed for coffee in the late 1600s. Indeed, people at the time did not necessarily like it.

If people did not come for the coffee, what did they come for?

They came for news, gossip and connections. Coffee houses provided access to information and access to networks.

As Ben Wilson says in his excellent book, Metropolis, “News, in late 17th-century London, was becoming a valuable commodity and the coffee house became the primary hub of news.”

“The coffee house provided an open, sociable environment in which people could look each other in the eye, decide whether or not they could trust each other and then make deals”






Golden Oldie Investor's Notebook

About Chris Urwin

Chris Urwin is an investment strategist, market analyst and researcher. He is an advisor to Built AI and the founder of Real Global Advantage, a platform to promote better investment decisions in global real estate. His experience includes over 13 years in investment management at Aviva Investors, one of Europe’s largest owners of real assets, plus several more years working in global real estate and economics.

Articles by Chris Urwin

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