Thai group Giggling Squid has sold its Maidstone site to ASK.
The Earl Street site was announced in April with a plan to open by the end of 2015, but the 200-cover restaurant never opened. It has now been sold to ASK. Founder Andy Laurillard said: "They made us an offer we couldn't refuse."
He added that the group was hunting for an alternative location in Maidstone, and was also looking at nearby Canterbury.
Giggling Squid has also exchanged contracts on a site in Guildford, which it said it would open in the new year. It will open a site in the Clifton area of Bristol in February and Salisbury in May.
Launched in 2009, Giggling Squid serves a tapas-style menu of freshly, prepared, rustic Thai food with an emphasis on sea- and street-food.