A steakhouse chain is set to close all its branches after falling into administration despite its rave reviews.
The restaurant, called Steak of the Art, serves steak, seafood, and other meat dishes in locations in Bristol and Cardiff.
A concept that doubles as a steakhouse and an art gallery, Steak of Art was founded over a decade ago by former management consultant Stephen Bowen.
According to its website, the restaurant at Cathedral Walk in Bristol offers diners an ‘original, fun and entertaining’ experience, with an option of Moulin Rouge-inspired private dining.
The restaurants also hosts live music, film nights and fashion show fundraisers.
Despite earning positive reviews the chain, owned by Groupco Ltd which is run by Mr Bowen, has collapsed into administration, BusinessLive reports.
Rob Coad and Sam Talby of Undebt were appointed as joint administrators on April 9, companies house documents show.
The company owed £410,347 to creditors as of March 31 last year, according to the latest filing.
The restaurant, called Steak of the Art, serves steak, seafood, and other meat dishes in locations in Bristol and Cardiff
The Bristol restaurant (pictured) has a 4.2 rating out of five on TripAdvisor with the last review given on April 5
This means that the Cardiff site (pictured), which recently closed, will now no longer reopen
This means that the Cardiff site, which recently closed, will now no longer reopen and it is understood the Bristol branch is also due to shut indefinitely.
It is unknown if jobs will be lost if the company will be sold.
The Bristol restaurant, which is still taking bookings online, has a 4.2 rating out of five on TripAdvisor with the last review given on April 5.
One customer wrote: ‘The whole meal was cooked to perfection, the service was impeccable and the whole experience was a pleasure.’
Another added: ‘The steak was absolutely delicious! And the roasts looked amazing, and I’m told were also delicious!
‘I would highly recommend this place!! The service was also faultless.’
A third said: ‘Very good food and service. Steak was cooked well and very tasty dishes. Would definitely visit again.’
While someone else wrote: ‘Impromptu work dinner for 10 of us whilst in Bristol. One of the best steaks we’ve tasted. So good!! Great staff and service and the sides were super tasty too. Great job!!’
It comes after Rio Brazilian Steakhouse on Bridge Street in York announced it was shutting on Monday.
On a statement on its website, the steakhouse said: ‘We regret to announce that Rio Brazilian Steakhouse York has now closed.
‘We sincerely apologise for any inconvenience this may cause.’
A vegan street food chain in Manchester also shut all three of its sites, confirming the closures in a post on social media.
The founders Robyn Marsh and Damian Myles admitted it is ‘really difficult to maintain a thriving business’ and listed challenges such as the pandemic and the closure of Hatch food and drink village, which is one of their busiest locations.
