Rent low, but rising for eatery (3,4)
I believe the answer is:
tea-room
'eatery' is the definition.
(tea room is a type of eatery)
'rent low but rising' is the wordplay.
'rent' becomes 'tear' (synonyms).
'low' becomes 'moo' (both can mean to make the noise of a cow).
'but rising' is a reversal indicator.
'moo' back-to-front is 'oom'.
'tear'+'oom'='TEA-ROOM'
'for' acts as a link.
I've seen this clue in The Telegraph.
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