Golden Century Seafood Restaurant on Sussex Street in the Chinatown district has gone into administration after serving Sydneysiders for 31 years.
The restaurant has appointed Chifley Advisory as administrators with a creditors meeting set to take place on August 27. “Perhaps the landlord will talk about terms, or perhaps the owners will move to a new premises altogether. But the good news is they will be back.”Source:News Corp Australiabusiness manager Billy Wong said uncertainty due to the coronavirus pandemic and current lockdown restrictions also played on the decision to enter voluntary administration
“The talks at the moment are related to the lease renewal at Sussex St so our other venues, The Century and XOPP will continue as usual.”Golden Century Seafood Restaurant has been open for 31 years.Sydney’s tourism and hospitality industry has been hammered by the latest lockdown restrictions across the Great Sydney region, with restaurants, pubs, cafes and bars brought to their knees under the harsh lockdown restrictions.
Unbelievable. My favourite restaurant next to Richard’s ‘Bambusia’ Bondi Junction. Can’t believe we are losing so many business’s. I feel so sorry for all these hard working people
Another business shut because of Daniel Andrews. Damn.
Only because they couldn’t negotiate a new lease agreement with the landlord. They will probably open up again in the future somewhere else.
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