Paul Heathcote puts fine-dining restaurant plans on hold

by Kerstin Kühn, Tuesday 12th August 2008 11:04

Paul Heathcote has put plans for a new fine-dining restaurant in Manchester on hold because of the current economic climate.

The chef-restaurateur has postponed the launch of The Elliot restaurant, which was set to open in October, on grounds of a combination of a “problematic listed site, escalating costs and a nervous trading market due to the credit crunch”.

Instead, he plans to focus his attention on his mid-market Olive Press portfolio, with a number of openings for the chain set for the North-west next year. 

Heathcote said: “I have decided to postpone the opening of The Elliot in Manchester as I do not believe now is a good time for a high-end restaurant opening and there is more demand for Olive Press at the present time.

“The decision on The Elliot is the right one at the present time and I will re-consider this position at the start of the New Year.”

Plans for The Elliot comprised a 70-seat restaurant with Champagne bar and private-dining room located in Manchester’s city centre in the same building as Simply Heathcotes.

Refitting work had started on the ground floor of the former register office building.

Paul Heathcote helps raise £10,000 for Hospitality Action >>

Paul Heathcotes looks to the future with new sites and refurbishment of existing restaurants >>

Leading London chefs feel the financial chill >>

Pub trade will continue to suffer into 2009 >>

By Kerstin Kühn

E-mail your comments to Kerstin Kühn here.

 

The Caterer Blog
Catch up with more news and gossip on the Caterer Blog here
Newsletters
For the latest hospitality news, sign up for our e-mail newsletters.

Featured video - for more, visit Caterer and Hotelkeeper’s YouTube channel >>

    Caterer and Hotel Keeper Jobs
    Most ReadLatest Articles
    Most ReadMost Viewed Articles
    Related Industry Resources
    Sign up to Caterer and Hotelkeeper
    Mobile Site
    Also on Caterer and HotelKeeper
    Blogs