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Spudulike asking landlords for rent cuts in rescue restructuring: report
The baked potato specialist wants to close at least four of its 31 outlets to keep afloat.
Spudulike is seeking the backing of landlords for a rescue restructure involving rent cuts and closures, The Guardian has reported.
Landlords said they were being asked to cut rents to “as little as 10%” of turnover and offer a business rates holiday in order to keep Spudulike afloat. Advisory firm Leonard Curtis is understood to have been tasked to lead the process.
The chain is also said to want to close at least four of its 31 outlets.
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Photo credit: Spudulike Facebook
