Businesses shut down

TWO businesses have closed in Sandy. Gaffneys Restaurant in St Neots Road closed, having opened in December, 2006. Owner Mark Gaffney says some staff would be retained by new owner and former director Martin Burnside who is negotiating to buy the restaura

TWO businesses have closed in Sandy.

Gaffneys Restaurant in St Neots Road closed, having opened in December, 2006.

Owner Mark Gaffney says some staff would be retained by new owner and former director Martin Burnside who is negotiating to buy the restaurant.

"I invested around £700,000 in the restaurant and we just couldn't continue with the support we were getting," said Mr Gaffney, who lives in the town.


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"I am disappointed but everyone tried very hard to make it work. I understand Mr Burnside hopes to re-open the restaurant in March.

"I have other investments in the area and business interests to concentrate on."

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The company could give no details of actual job losses.

l The doors of shoe shop Stead & Simpson in the Market Square have closed.

Stead & Simpson had been placed in administration and rival company Shoe Zone came up with a rescue package taking over 300 of the chain's 375 shops.

A spokesman for Stead & Simpson said it was now a matter for Shoe Zone which in turn said it was the responsibility of the administrators PriceWaterhouseCoopers.

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