Prezzo are closing over 90 restaurants but is our Formby one getting the chop?
Italian restaurant chain Prezzo is set to close 94 of its restaurants as it tries to rescue its business.
The good news is that the Formby Prezzo is here to stay! Southport Prezzo is also earmarked to stay put!
All 33 of its Chimichanga restaurants will also be closed.
The move is part of a restructuring arrangement known as a company voluntary arrangement.
It means that the chain's debts are put on hold while the company looks for a buyer. It is a step before going into administration, reports the BBC.
It's thought that the move will result in around 1,000 job losses however Prezzo has said it will try to find staff new roles within the business.
The full list of Prezzo restaurants marked for closure are as follows:
Abergavenny
Alton
Amersham
Arundel
Barnet (High Street)
Barnstaple
Bedford, (MEXIco)
Belfast (Victoria Square)
Belfast (Boucher Square)
Beverley
Blackpool
Blandford
Bournemouth Chimichanga
Braintree (Freeport Village)
Brentwood
Bromley (Chimichanga, East Street)
Canterbury
Cardiff (Chimichanga)
Carlisle
Carmarthen
Catterick
Chatham (Chimichanga)
Chelmsford (Baddow Road)
Chester (Chimichanga)
Cobham (Cleaver)
Cramlington
Crawley (Chimichanga)
Dalton
Darlington
Deansgate - Manchester
Derby (MEXIco)
Ealing (Chimichanga)
Eastleigh (Chimichanga)
Edinburgh (Pier Place)
Falmouth
Fareham (Chimichanga)
Glasgow Fort
Gloucester
Guildford
Halstead
Haywards Heath
Hereford
Hereford (Chimichanga)
Hornchurch (Chimichanga)
Ipswich (Chimichanga)
Kettering
Kingston
Leicester (Silver Street)
Lewes
Lincoln
Maidstone (MEXIco)
Midhurst
Milton Keynes (Chimichanga)
New Brighton
Newbury
Newcastle
Newquay
Northwood
Norwich (Thorpe Road)
Nottingham (Low Pavement)
Penarth
Peterborough (Chimichanga)
Port Solent (Chimichanga)
Trustees Ltd
Poulton
Ripon
Sheffield (Valley Centertainment)
Sheffield (Ecclesall Road)
Silverburn, Glasgow
Solihull (Chimichanga)
South Woodford, London (Chimichanga)
Southampton
Southampton (Chimichanga)
St Annes on Sea
St Austell
Stamford
Stevenage (High Street)
Stratford Upon Avon
Sudbury
Taunton
Telford (Chimichanga)
Tewkesbury
Wandsworth, London
Wandsworth, London (Chimichanga)
Warrington
Watford, London (Chimichanga)
West Bromwich
Wokingham
Woodley
Yate
Yeovil
The Formby Prezzo can be found at the end of Formby Village:
5 - 6 Halsall Lane,
Formby,
L37 3LP
Tel: 01704 831456
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