PENARTH wine bar and steakhouse, Pier 64, has gone into liquidation, and all 21 employees have been made redundant.
Sansemea (UK) Limited, the company which owns Pier 64 at Penarth Marina, ceased trading on Monday March 9 2020.
It is the second time the restaurant has closed down since early 2019, when it was owned by former Wales footballer, Craig Bellamy.
Begbies Traynor, insolvency and business recovery specialists, have announced that they will now commence liquidation proceedings.
Huw Powell, a partner at the insolvency firm, said:
“In a difficult climate for leisure businesses, with high levels of competition, the company has ceased trading following losses suffered during a challenging first year.”
Sansemea (UK) Limited agreed a lease for the Penarth Marina premises in January 2019.
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