Eastbourne eaterie could be at risk as Prezzo to close 100 restaurants

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Prezzo is closing 100 of its restaurants, it was revealed today (Wednesday).

The Italian-themed chain, which has restaurants in Eastbourne and Hailsham, is set to shut one third of its 300 stores in the UK as it restructures its finances.

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Owner TPG Capital is preparing to launch a Company Voluntary Arrangement, according to Sky News.

This news comes as on the same day it was announced Toys R Us is to begin an ‘orderly wind down’ of the business after going into administration, with its 100-plus UK stores likely to close.

It it yet to be confirmed which Prezzo restaurants will be affected by the closures.

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