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Blow for UK seaside city as fish and chip store crashes into liquidation – ‘rising prices’

A much-loved UK fish and chip store in a well-liked seaside city has entered liquidation. The household enterprise blamed rising prices for the choice.

An area fish and chip store has gone into liquidation (Picture: Getty)

A family-run fish and chop store has collapsed into liquidation, blaming rising prices for the transfer. The hospitality trade has been hit by elevated enterprise charges and different prices proper throughout the UK. Elements similar to elevated minimal wages and vitality payments have led to the closure of many excessive road retail shops and hospitality venues throughout the nation, and trade leaders have warned that a whole bunch extra might shut if the Authorities does not act quickly. 

Fish and chip retailers are among the many companies which were struggling in recent times. A number of have closed prior to now couple of years, sparking fears for the financial well being of seaside cities, the place fish and chip retailers have been a staple for generations. One of many newest hospitality companies to enter liquidation because of rising operational prices is Enzo’s, a beloved pizzeria and fish and chip store within the Scottish seaside city of Ayr.The enterprise had solely been open since 2024, however hostile financial circumstances have confirmed too tough to function below, resulting in the appointment of liquidators on February 6.

The native enterprise, which is situated at 7 Burns Statue Sq., has been serving pizza and basic chippy fare since March 2024.

It stays open, and the enterprise has not launched an announcement, however liquidators mentioned the transfer was made because of rising prices and decreased shopper spending. It follows a common assembly on February 4, at which a particular decision to wind up the enterprise voluntarily and an unusual decision appointing the joint liquidators have been each handed.

Kevin Mapstone and George Lafferty, practitioners at insolvency agency Begbies Traynor (Central) LLP, have been appointed as liquidators for the enterprise, which is owned by Bation Mydini and run with the assistance of his household. 

Enzo’s had change into a staple of Ayr, which is a well-liked vacation spot to go to over the summer time months, with its seaside, cafes, eating places and leisure venues. 

It had confirmed well-liked with locals, who’ve shared their ideas concerning the meals and repair they bought from Enzo’s because it opened. One on-line overview reads: “Received a fish supper on a whim at present and actually loved it. They’re very well mannered and quick. A great deal for a 2-piece fish supper, actually well-cooked, tasted contemporary and clear.”

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One other says: “First time attempting yesterday, bought lunch time specials and wow what can I say aside from wonderful worth, and batter was good on fish, most likely the perfect I’ve ever tried.”

A current assertion from UKHospitality warned {that a} slew of companies within the trade might shut with out critical authorities intervention as prices soar. “The rising value of doing enterprise and enterprise charges will increase is a hospitality-wide downside that wants a hospitality-wide answer,” mentioned Kate Nicholls, Chair of UKHospitality.

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