‘Significant doubt’ over future of Bewley’s on Grafton Street as turnover slumps
Cafe made a loss of €1.43m in 2020 and was ‘unfortunately’ unable to secure a rent reduction from its landlord
“Significant doubt” exists over the ability of Bewley’s Cafe on Grafton Street to continue trading as a going concern, its directors have warned, after turnover at the business slumped by nearly 80 per cent.
The famous cafe suffered a “material adverse impact” in 2020 as a result of the pandemic, a problem compounded after it was “unfortunately” unable to secure a rent reduction from its landlord, a company controlled by Johnny Ronan.
Accounts filed by ...
