Two Manchester restaurants have gone into administration after ‘struggling with high rents’.
Manchester House and Artisan, both in Spinningfields, announced their closures this week and have called in the administrators at Duff & Phelps.
Living Ventures Group also oversees Australasia and Grand Pacific, which will continue to operate as normal following the announcement.
Manchester House, known for its high-end experience, and Artisan, a more casual setting, had been struggling with rents costs and ‘local access difficulties’, according to chief executive of Living Ventures Group, Jeremy Roberts.
Roberts told Place North West, “Trading at Artisan and Manchester House Bar and Restaurant has been much lower over the summer, and like many other restaurants, we have struggled with balancing rising costs and high rents, together with localised access difficulties.”
Gift cards for either restaurant can be used at Australasia until 31 March 2019.
Feature Credit: Manchester House / Facebook