A BELOVED restaurant next to a TV chef's diner has suddenly shut down over an eye-watering £600,000 debt.
The Tandy, located in – dubbed millionaires' playground – shocked residents with their announcement.
on Banks Road, went into administration last month after waving goodbye to clientele in January.
David Meany and Gary Thompson, liquidators at Quantuma, listed 52 company creditors in a statement of affairs to Companies House.
It includes Westbeach, in Bournemouth, which is owed £214,000 and Aruba, also in Bournemouth, which is owed £173,000, the BournemouthEcho reported.
And HMRC, listed as a creditor twice, is owed a combined £164,000 from VAT and PAYE, while BCP Council is due £2,938.
Meanwhile, meat supplier County Foods should have received £1,291, fishmonger Hutchings is short £2,320 and Jurassic Coast Fine Foods, is owed £2,615.
The 52 creditors are owed a combined £622,609 by The Tandy.
And restaurant neighbours Rick Stein, the seafood joint owned by the celeb chef.
Despite going into , the owners have announced they will be re-opening for Easter.
Mr Price, 64, and his wife Toni Laurel Spence opened the restaurant in early 2023.
Their advert for jobs reads: “We’re building a new team at one of the most beautiful beachside locations.
“This is your chance to be part of an exciting new chapter with great opportunities in a stunning setting.”;
The Tandy isn’t the only restaurant on the Sandbanks to be liquidated recently.
Lazyjacks in Panorama Road closed in November 2023, having owed £351,197 to 29 creditors.
It was described as a “hidden gem” of the peninsula and was known for its Caribbean themed venue and cocktails.
Later on, it reopened as Lazy Jacks at the end of March last year.
Its new owner Merle Crampton and his business partner made sure it underwent a full refurbishment and rebranding.
Sandbanks is, and is a popular place to live for those who can afford it.
For it is the as Britain's equivalent to Beach.
The hotspot for the rich and famous is home to many celebs such as Rick Stein,, Karl Pilkington, John Lennon, and.
It comes after the creator of a Michelin-backed restaurant has confirmed
Loyal diners were disappointed to hear one of their favourite family-run venues was shutting down forever.
Elsewhere, a BBC star suddenly closed his restaurant after nine months – despite a £400,000 revamp just last year.
Caldesi opened in Belsize, north last April, serving upmarket Italian food.
But, just months later, bosses confirmed the restaurant's upcoming closure on .
Similar scenes unfolded when one chef without warning as fans cried “I thought they'd go on forever”.
Meanwhile, Flying Eze has compiledlast year – including a BBC MasterChef judge.
It includes Marco Pierre White's restaurant , located in London's iconic West End, that abruptly closed in January 2024.
And, Michelin-starred chef also closed the doors on his iconic restaurant Gavroche.
