“This is not a goodbye but a see you later.”
Hypha, which received a Michelin green award in 2021, has announced it will close citing industry-wide challenges.
With a focus on sustainability, zero waste and seasonal produce, Hypha announced it will close and “enter hibernation for the economic winter that is approaching.”
In a statement on social media, the restaurant thanked the support from guests “past and present” as well as industry bodies such as the Michelin guide.
Explaining the reasons behind this decision, a statement from the restaurant explained: “With soaring costs of outgoings for the business, our current model leaves us at a high price point for our guests. Unfortunately to continue to operate at the level of service and gastronomy that we desire; that price point would need to increase even further, something we do not want to engage in.”
The statement added that Hypha, which was also awarded the TSC Sustainable Business of the Year 2021 award, that the closure would be temporary with team using the closure “to work on new projects and to develop a way to reimagine Hypha in a different time, location and execution.”
Adding to this, the restaurant concluded that: “THIS IS NOT A GOODBYE BUT A SEE YOU LATER.”
CHALLENGES ACROSS THE INDUSTRY
Hypha’s decision to close follows a string of permanent closures from restaurants across the country. Last month, Ireland’s JP McMahon announced the closure of his Tartare restaurant following multiple industry-wide challenges.
Just days after JP’s announcement, The Glasshouse restaurant located in Kew which previously was awarded a Michelin star, confirmed that they would also be closing after 23 years of service.
Closures across the industry follow a lack of support and answers from government amid soaring energy bills, a worsening cost of living crisis and no movement on VAT or business rates for hospitality firms.
Despite the announcement of an energy support scheme which would cap wholesale energy bills for businesses for an initial six-month period from 1 October, the government has continued to face criticism from Britain’s hospitality for absence of clarity and meaning measures to protects jobs and firms across the industry.
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