D&D London to close four restaurants

05 January 2023 by
D&D London to close four restaurants

D&D London is to close four of its UK restaurants this month in the face of "economic challenges"

The group confirmed East 59th in Leeds, Avenue and Radici in London, and Klosterhaus in Bristol will all cease trading in early January.

It follows a report last year that multiple D&D restaurants were up for sale, and the group said at the time that it was reviewing its portfolio.

A D&D spokesperson said: "Like many other businesses in the hospitality sector, we continue to strategically review our portfolio and such decision is a result of the current economic challenges including spiralling utility, food and beverage costs and the unstable labour market.

"D&D London intend to look after the restaurants' greatly valued staff and management and wherever possible will seek to offer exciting positions in our other venues."

Klosterhaus, which was based in Bristol's Cabot Circus, has closed its doors after just over two years of trading.

The restaurant opened in October 2020 and was designed to pay tribute to the "dining scene of grand mittel-European cafés".

The menu offered dishes such as soused herring with herring caviar; and chicken and veal schnitzels.

The two-storey 18th-century venue featured a restaurant, bar, and terrace, as well as spacious areas for business meetings and social events.

A statement released on Klosterhaus's website said: "Dear friends, please note that Klosterhaus has now closed, however we would be delighted to welcome you at one of our sister restaurants."

D&D said its wider portfolio of around 40 restaurants continued to trade well despite strike action affecting transport in December and that its Birmingham site Orelle, which launched in October, had exceeded revenue projections.

It was reported in 2022 that Interpath Advisory had been appointed to launch a sale process for D&D London, which is estimated to be worth around £100m.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking