Norwich restaurant could face closure in company restructure
The Real Greek, located in Chantry Square, is part of the Fulham Shore group, which has already announced closures at its Franco Manca sites.
It has also been reported that the group is reviewing its position on 28 Real Greek restaurants across the UK.
Marcel Khan, chief executive of Fulham Shore, said: “Even restaurant businesses that are doing all the right things from a customer and operational perspective are not immune to widely publicised pressures impacting the hospitality industry.
“This includes significant increases in national insurance and the national living wage in recent history, as well as a lack of business rates relief for the restaurant sector and disproportionately high VAT in the UK compared with Europe.”
He added: “As a result of these external cost pressures, we have to make sure that we are putting our business on a sustainable footing for long-term growth and development."
The Real Greek opened its doors in Norwich in 2021, replacing the former Giraffe restaurant.
