ao link

You are viewing 1 of your 2 articles

To continue reading register for free, or if you’re already a member login

 

Register  Login

Antico Bermondsey to close after half a decade

Italian restaurant Antico in Bermondsey will be closing down next month due to rising costs.

 

The restaurant announced the closure on Twitter last night (30 August) stating: "We are sad to announce that Antico will be closing 24th Sept. We'd like to send a heartfelt thanks for your support and custom over the years."

 

No one was available to comment at the restaurant when approached by The Caterer, however replying to questions on Twitter, Antico said that "rising costs makes Antico difficult to sustain".

 

"It's been a hard decision but we hope our days in hospitality aren't quite over yet." It added.

 

Antico was founded by Nick Crispini on Bermondsey Street in 2012. It offered Italian comfort food and showcased high quality ingredients in simple dishes using classic techniques and recipes.

 

Antico's sister site, 214 Bermondsey gin and cocktail bar, is unaffected and will be closing on 24 September for refurbishment.

 

Earlier this year, it was revealed that rising business rates are the biggest worry for restaurant and bar business leaders, according to CGA Peach's 2017 Business Leaders' Survey.

 

Yesterday, Pizza Express reported a drop in EBITDA during the 26 weeks to 2 July 2017 due to cost pressures in the UK market, including business rates, pay rates and food inflation.

 

Rising costs threaten 5,000 restaurant companies >>

 

Restaurant property prices rise strongly but could be set to peak >>

 

Rising business rates the biggest worry for restaurant and bar bosses >>

 

Videos from The Caterer archives

 

 

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs

Newsletter sign up

Stay informed with all the latest

Newsletter Sign Up

Stay informed with the latest news

 

Sign Up

People Awards 2024

People Awards 2024

Plant-Based World Expo

Plant-Based World Expo

Social Media Summit 2024

Social Media Summit 2024

Hotel Cateys

Hotel Cateys

Queen's Awards for Enterprise

Jacobs Media 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.

Jacobs Media

Jacobs Media is a company registered in England and Wales, company number 08713328. 3rd Floor, 52 Grosvenor Gardens, London SW1W 0AU.
© 2024 Jacobs Media

We use cookies so we can provide you with the best online experience. By continuing to browse this site you are agreeing to our use of cookies. Click on the banner to find out more.
Cookie Settings