Hospitality & Tourism

Dorset Biz News is now part of Insider Media!

From now on, all content produced by Dorset Biz News journalists will feature in Insider magazine and on the Insider website - bringing you even more in-depth business news, exclusive insights, and key regional deals.

What is Insider Media?

Insider is the UK’s biggest regional B2B publisher, delivering breaking business news, expert analysis, and exclusive interviews across key industries.

With a national reach and deep regional focus, Insider connects businesses, decision-makers, and entrepreneurs with the latest opportunities and insights.

Looking for the latest business news from Insider’s south west team? CLOSE
 

Lockdown restrictions are blamed for decision to place restaurant into voluntary liquidation

Isabel's Restaurant in Station Road, Lower Parkstone.

By Staff Reporter editor@dorsetbiznews.co.uk

Published: January 24, 2021 | Updated: 24th January 2021

A well-known Poole restaurant is to be placed into voluntary liquidation with the closure blamed on lockdown restrictions.

Isabel’s Restaurant, in Station Road, Lower Parkstone, has been trading for more than 40 years.

The restaurant, which specialised in a French and Mediterranean style menu, had built up a loyal customer base over the last four decades.

Portland Business Recovery is now assisting Damian Williams, listed on Companies House as the sole Director, in placing the restaurant into voluntary liquidation.

The firm, which has offices in Poole, Fareham and London, will be managing the process.

In a statement, Portland Business Recovery said: “Isabel’s, like many others, struggled following the Covid-19 outbreak and subsequent lockdown restrictions that were imposed.

“Despite having a fine reputation and loyal customer base, who were attracted by the unique atmosphere and the quality of its French and Mediterranean style food, trading profitably was difficult through the challenges of Brexit uncertainty and rising costs.

“Plans were always to develop the offering over time and attempts were made by the Director to increase footfall, and sales, by obtaining planning to renovate and add a new kitchen and extend with a secondary dining area to increase capacity, but this was much delayed.

“Latterly the initial lockdown was a major blow to the business and, even when the initial restrictions preventing opening were lifted by the government, the Director concluded that reopening with the new restrictions was not cost effective or viable and the restaurant remained closed.

“It was hoped that once the restrictions were eased further trading could recommence with a busy festive period, but the opposite occurred with a further lockdown with restrictions caused by the recent ‘second wave’ of Covid-19 cases.

“Consequently, the director has reluctantly concluded that the business is no longer viable and, with much sadness, has closed the doors for the last time.

“Support is being provided to assist employees to claim their statutory entitlements from the Redundancy Payments Service.

“Customers who have paid deposits or obtained vouchers are being advised how they may, if appropriate, be able to claim from credit card providers under the Consumer Credit Act.”

Mike Fortune, pictured left, Director, Portland Business Recovery, said: “Sadly, the hospitality sector has been badly hit during the pandemic with three lockdowns and significant restrictions placed upon restaurants in the intervening period.

“Despite the government support through the furlough scheme, grants and the various loan schemes available the situation for many hospitality businesses is bleak.

“Isabel’s is, unfortunately, one of the many casualties.

“It is truly unfortunate when a well-established business, that has potentially served three generations of the local community, is forced to close its doors through no fault of its own.”

The formal appointment of Mike Fortune and Carl Faulds from Portland as liquidators is anticipated to take place this month.

Latest Posts

Hot Radio on board for Christchurch fest bringing artisan foods & locally crafted spirits to the town

Gillingham and Shaftesbury Show to make its return this August – lineup soon to be announced!

Making the magic happen! Fiona steps up as CEO of global attractions brand Merlin

Happy hearts at Dorset Heavy Horse Farm Park as critically endangered Suffolk Punch filly is born

Jongleurs Comedy set to take over Bournemouth Pier on St Paddy’s weekend for night of stand-up

All Hospitality & Tourism Stories »

Latest Posts

Saffery Senior Manager Matt Trowbridge looks at business exit planning and we meet Audit Assistant Elisa Cordial

Skyborne to launch second UK pilot academy in Bournemouth after flyaway success in Gloucs

Podcast which has hosted football royalty and SAS legend finds new home at Smartbase

Business mentor Erin to host 7th annual event backing women entrepreneurs in Bournemouth

Biz Roundtable: Dorset business community must champion county’s economic strengths

All Latest News »