The premises of a widely known seafood restaurant in Co Down have now been put available on the market for lease after its homeowners mentioned they’d shut till additional discover.
The Fb web page of Copper Seafood & Grill in Newcastle mentioned final week that the enterprise couldn’t proceed to function within the present monetary local weather.
The final buying and selling day could be June 19, though the homeowners mentioned the closure was “a brief sabbatical till issues calm down.”
However now the premises on the seafront have been put up for lease by business actual property consultancy Osborne King.
In a brochure, the agency described the situation as “previously Copper.”
He added: “Our consumer is trying to lease the restaurant absolutely outfitted. Premium for set up and equipment and annual rental particulars on request. It is a turnkey licensed restaurant alternative within the common seaside city.”
In final week’s Fb submit, the homeowners mentioned: “We want to thank all of our clients for his or her help through the years and our loyal workers who work tirelessly throughout these tough occasions.”
“This has not been a straightforward resolution to make or one which we’ve got taken calmly. Overhead prices which might be consistently growing each day are tough to maintain. Recruiting the extent of workers wanted to run the restaurant is just about not possible.”
“Hospitality, together with many different industries, is on its knees whereas our native authorities sits idly by. Hopefully they get their heads out of the sand very quickly and discover a resolution earlier than it is too late.”
Commerce physique Hospitality Ulster mentioned this week that the cost-of-living disaster and labor shortages had been affecting the viability of the trade, with some corporations having to make “tough selections” concerning the future.
Addressing Hospitality Ulster’s AGM, chief government Colin Neill mentioned pressures on the trade had been mounting.
“Decreasing the blinds for a part of the week because of understaffing, decreasing menu gadgets because of meals prices, or just going out of enterprise because of rising prices is going on throughout the trade and pressing interventions are required. to keep away from the worst impacts of those components. out of our management.
“The hope that 2022 would be the yr of hospitality’s restoration has been critically dashed as we bear the brunt of a workforce disaster whereas additionally coping with spiraling enterprise prices and a VAT fee that’s falling. stifling progress.”
Osborne King has been requested for additional remark.