Tampopo sells Leeds site

01 June 2012 by
Tampopo sells Leeds site

Asian-influenced casual-dining chain Tampopo has sold its Leeds restaurant, which is due to cease trading this weekend (on 3 June).

The company said that it had received a generous offer for the leasehold site, which it has operated since 2000, from a local operator.

Tampopo co-founder Nick Jeffrey said: "It was the last remaining unit in our Tampopo stable still in the original brand format and was overdue for a major refurb, so we had to weigh up on one hand the provisional capital expenditure outlay and projected return on investment from that and on the other hand the premium offer. In the end we felt it was it was in our best interests to take the offer."

Co-founder David Fox added: "It was a tough decision as we've been here for 12 years, but the location had become increasingly off-piste over time which didn't help the investment case. The location should work for the incoming operator as it is more of a destinational higher-end offer. While our current focus is to open more units in London and the South-east, at some point in the future we would certainly be keen to seek out other opportunities in the city, given that we have a very loyal fan base here and we know that our product offer fits well with the local tastes."

Last year, it emerged that Jeffrey and Fox had come close to selling Tampopo to pub firm Mitchells & Butlers, which has since launched its own pan-Asian dining brand, Tuk Cho.

Jeffrey and Fox have recently shifted their focus to London and the South-east, and opened their first London restaurant, under the East Street brand, last year.

The company will have six restaurants, including East Street, following the closure of its Leeds site.

Tampopo launches first central London site under new East Street brand >>

M&B hires executive chef to develop Asian food offering >>

By Neil Gerrard

E-mail your comments to Neil Gerrard here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.catererandhotelkeeper.com/tabletalk

Catererandhotelkeeper.com jobs

Looking for a new job? Find your next job here with Catererandhotelkeeper.com jobs

Blogs on Catererandhotelkeeper.com ](http://www.catererandhotelkeeper.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[E-newsletters](http://www.catererandhotelkeeper.com/email-newsletters.htm)[ For the latest hospitality news, sign up for our E-newsletters
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking