46 Prezzo Restaurants are Closing Down: Here's The Full List
Prezzo, the popular Italian restaurant chain, has announced that it will be closing 46 of its restaurants across the UK. This may leave more than 800 staff members without jobs.
Prezzo has stated that it will try to redeploy "as many staff internally as possible". The closures are due to the chain's struggle to recover post-pandemic. However, the majority of Prezzo restaurants will remain open. After the closures, there will still be 97 restaurants across the UK, with around 2,000 staff.
The full list of branches that will be closing includes Beccles, Billericay, Bolton, Borehamwood and many more. You can find the full list in the article.
Dean Challenger, chief executive of Prezzo, commented on the newly announced closures. He stated: "The last three years have been some of the hardest times I have ever seen for the high street and I'm extremely proud of the way our colleagues have retained Prezzo's position as an appealing, trusted, great value food and drink experience."
He believes that these closures will be positive for the business and that the "tough decisions" being made will ensure that Prezzo can thrive "serving communities with high-quality, accessible Italian-inspired meals" for years to come.
Full list of branches
Beccles
Billericay
Bolton
Borehamwood
Boston
Bracknell
Brentwood
Buckhurst Hill
Buckingham
Chichester
Chingford
Colchester
Corby
Didcot
Eastbourne
Egham
Eltham
Ely
Epsom
Fleet
Glasgow, St Vincent Place
Hailsham
Harpenden
Livingston
Lyndhurst
Maidstone
Mere Green
Mill Hill
Oxford
Plymouth
Redditch
Redhill
Rugby
Shepperton
Shirley
Sidcup
St Neots
Stowmarket
Tenterden
Tunbridge Wells
Weybridge
Whitstable
Wickford
Wimborne
Winchester
Woodford Green
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Times are changing in every high street,towns & city’s. Very said for the next generation of workers.
Sadly more businesses will fold , hospitality has not recovered from Covid times
PhilippaHowe It is sad! I was looking at business rents in my local area and it's so expensive. There are many shops closed down and sitting empty here, I don't understand what the landlords are doing.
Tom I'm equally confused about how landlords operate, I would of thought a tenant was better than no tenant at all as they are still liable for business rates and are paying those without any income. I guess if they have a large portfolio of property they just declare it as a loss on their overall profits so don't pay tax on that amount plus benefit if the property goes up in value but still seems strange to me they can afford for the properties to go empty. Many landlords allow charity shops to occupy their properties for free because they then don't have to pay business rates. I assume they are on a short contract so will kick out the charity if a commercial business wants to occupy the premises.
Maybe they are playing the waiting game until the property status is allowed to be changed to residential and they can make a lot of money from turning into flats.
Ultimately as a country it is hugely damaging to have Amazon and online sales by international companies taking over from the high street and its for our politicians to rebalance the economy so the high street is cheaper even if not so convenient and this needs tax changes.
