Sushi group Moshi Moshi's restaurant in London's Liverpool Street station has been put into administration.
The restaurant, which was the UK's first conveyor belt restaurant when it launched in 1994, continues to trade as normal as administrators seek a potential buyer for the site.
Administrators Kingston Smith & Partners have been called into the restaurant's owner, Bickland Limited. However, Moshi Moshi's other site in Brighton as well as the group's Japanese fine dining restaurant Soseki in the City of London are unaffected.
Administrator Ian Defty said he was keen to keep the busy Moshi Moshi Liverpool Street station branch trading and to conclude a sale of the business, to achieve the best possible return for creditors and save some 27 jobs.
"It is a sad fact that popular businesses and restaurants are failing regularly in today's economic climate," he said.
"If the insolvency industry can try to soften the blow to both creditors and employees, then we'll be doing a good job in difficult circumstances".
Moshi Moshi founder and managing director Caroline Bennett was unavailable for comment.
By Kerstin Kühn
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