Not good news for the Tudno Castle/Premier Inn.........
Fears over Pizza Express restaurants as debt talks set to start.... The chain currently has debts of £1.12m with £655.6million due to be repaid by August 2022 ref DP
Pizza Express drops Llandudno restaurant plan
The restaurant chain has now withdrawn from the Tudno Point development.
It follows news that Pizza Express had hired financial advisers ahead of discussions over the restaurant group's soaring debts.
Beefeater is still due to open as part of the Llandudno development but chain Prezzo withdrew from the £10m scheme last year.
James Farnaby, development manager at Opus North, said: "Pizza Express is no longer coming to the site but this is a national decision rather than anything related to the Llandudno development. ref DP