Bar takeover is off as chef pulls out of deal.
Byline: KATE MCMULLIN ECHO Reporter firstname.lastname@example.org @KATEMCMULLIN1
The Vincent Cafe & Cocktail Bar takeover has fallen through "due to unforeseen circumstances".
The Exchange Flags venue was due to be taken over by Liverpool-born chef Aiden Byrne from previous owners Paul Adams and Steven Gerrard. But the Kirkby chef has since pulled out.
In an earlier statement Mr Byrne, who was planning on rebranding the restaurant and bar The Metropolitan Bar & Grill Rooms, said he was keen to have a "seamless takeover".
But yesterday a statement issued by Medusa Hospitality Ltd said it was unable to progress with the deal.
A spokesman added: "It is with regret that we confirm that we are unable to progress with the deal to acquire The Vincent Cafe after undertaking due diligence."
Outside the restaurant a sign reads: "Due to unforseen circumstances Aiden Byrne and his team will no longer be operating from The Vincent Cafe & Cocktail Bar Liverpool. We are sorry for any inconvenience caused."
The restaurant would have been Byrne's second to be backed by a group of investors who joined forces to open restaurant MCR in Manchester's Spinningfields last December. He previously told the ECHO: "We are keen to have a seamless takeover as we run into the Grand National Festival. Our patrons' experience remains the focus for me and my team.
"I have built my reputation with a fine dining tasting menu. However, I have always wanted to deliver a highend grill rooms concept.
"The realisation of The Metropolitan Bar & Grill Rooms is a lifetime ambition to pay my respects to legendary venues like The Savoy Grill and The Grill at the Dorchester, who have set the standards for all to aspire to.
We are progress to acquire Cafe after due diligence.
"The menu will be classic, honest food, delivered really well by the best team of chefs around, and a front of house that you can expect incredible service as standard." The Vincent Cafe & Cocktail Bar opened back in 2015 and replaced former Japanese Medusa statement eatery Sakura at Walker House. Before the news previous owner Paul Adams said: "Steven and I are happy to have brokered a deal that will see the venue go from strength to strength.
"We are proud to pass on the reins to Aiden and his team."
We are unable to progress with the deal to acquire The Vincent Cafe after undertaking due diligence. Medusa Hospitality statement
Vincent Cafe & Cocktail Bar, on Exchange Flags
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|Publication:||Liverpool Echo (Liverpool, England)|
|Date:||Apr 22, 2019|
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