Petersham Nurseries' sister restaurants, La Goccia and The Petersham, have closed after six years in Covent Garden, following financial difficulties stemming from high rents and recruitment issues post-Brexit. Owners Boglione family cited challenges exacerbated by the recent Budget and pandemic impacts. The two restaurants faced an annual cost of £1.2 million in rent and service charges, pushing them into administration. Industry pressures are noted, with thousands of hospitality businesses facing insolvency amid tighter consumer spending. The original Petersham Nurseries in Richmond remains open for patrons.
Management told the that it blames an 'inability to recruit people with the right experience and skills' thanks to Brexit, as well as 'the looming impact of the recent Budget' and the ongoing impact of the pandemic.
Lara Boglione...said the decision to close La Goccia and The Petersham was taken 'in view of the significant cost challenges they have faced'.
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