Park Chinois restaurant hints at ‘new chapter’ following closure

Park Chinois in London’s Mayfair has closed ahead of plans for a “new chapter”.

The restaurant appears to have been trading as normal until last weekend, according to its activity on Instagram, but a message posted today (21 July) stated: “A new chapter begins. We have closed our doors to renew the magic within – carrying with us the gratitude of a thousand evenings in your company.”

The high-end Chinese restaurant was originally launched in 2015 by Wagamama and Hakkasan founder Alan Yau, who described it as “more like an entertainment lifestyle project”. Yau is no longer involved in the business.

Park Chinois, recommended by the Michelin Guide Great Britain and Ireland for its “opulent” interiors, appointed administrators FRO Advisory Trading in July 2025 after its parent company collapsed into administration.  

The reasons for administration included severe financial distress due to the pandemic, high fixed costs, creditor pressure and inability to secure further funding, according to an administrator’s proposal from August.

Unsecured creditors were owed roughly £4.7m, while secured creditors HSBC and PCDS were together owed over £6m.  

At the time of the sale, the business was restructured under new chief executive Ilir Caushi, former manging director of Zuma Dubai. Erkan Toslak, who has worked at Zuma and for Nusr-Et steakhouses, joined as chief operating officer.

An administrator’s progress report filed on Companies House in February this year revealed the company’s business and assets were sold for £200,000 to connected parties Le Soleil Enterprises Limited and Izamaiyah Ltd, with the sale completed via a pre-packaged administration process.

The purchaser secured a Licence to Occupy, allowing the continued occupation of the company’s premises over the course of negotiating new terms with landlords.

Park Chinois operated as a 200-cover restaurant split between the upstairs Salon de Chine restaurant and the Wave Bar, which hosted late-night DJs.  

Its downstairs Club Chinois had closed temporarily prior to the appointment of administrators to reduce overheads and prioritise occupancy in Salon de Chine.

The company also operated a second restaurant, Moncks, which was a small café that closed in March 2020 and is today occupied by the Dover.