Former restaurant property about to be sold
Table, is on the verge of being sold, eight months after the restaurant was forced to shut its doors.
A sign on the building now indicates that a buyer has been found for the property, and real estate officials are believed to be in the process of getting the purchase agreement signed. There is normally a 30-day closing period.
Bermuda Realty sales manager, Drew Horsfield, was yesterday not available for comment. He said last October that interest had been shown in the property, but not for use as a restaurant.
The 15-year old restaurant had suffered through two years of poor returns, blamed by one of the owners, Llewellyn Harvey, on the ailing tourism industry.
Some 90 percent of his business, he said, came from the tourist market. Mr.
Harvey was the designer of an original cuisine that was featured on "A Taste for Travel'', the cable television programme on The Travel Channel, hosted by popular Burt Wolf.
The property, owned by Mr. Harvey and his wife, was put on the market last September for more than a million dollars.
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