Nottingham’s Carluccio’s Italian restaurant will close this year after seven years of operating on Low Pavement. West Bridgford is unaffected and earmarked for a refurbishment.
There is no announcement as to the exact date but it is likely to be before the end of 2018.
The chain has 103 restaurants across the UK but is planning to close 30 loss-making stores.
Carluccio’s profits have fallen drastically over the last two years due to rising costs – in 2016 the chain’s pre-tax profits fell by 81 per cent.
The group of around 30 restaurants marked for possible closure had their rent bills cut by a third for six months under a rescue plan.
Under the rescue plan, Carluccio’s majority owner, Landmark Group put £10million into the remaining restaurants to upgrade the franchise.
The Dubai-based Landmark Group bought the Italian chain, founded by chef Antonio Carluccio, for £90million in 2010.