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Home / Business / Personal Finance / Tax

Hammerheads restaurant in liquidation

NZ Herald
12 May, 2015 12:37 AMQuick Read

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Hammerheads restaurant, which occupies a prime spot in Auckland's Okahu Bay, has gone into liquidation. Photo / Janna Dixon

Hammerheads restaurant, which occupies a prime spot in Auckland's Okahu Bay, has gone into liquidation. Photo / Janna Dixon

Well-known Auckland restaurant Hammerheads is in liquidation and has shut down.

The restaurant occupied a prime waterfront position on Tamaki Drive for more than 20 years and its operator was being chased by Inland Revenue, who applied to the High Court to put it into liquidation.

It ceased trading last month, the night before the court appointed liquidators Colin McCloy and Craig Sanson to wind up its affairs.

Sanson this morning would not reveal how much the tax department was claiming from the restaurant's operator.

He said he'd be looking to work with the landlord - the Navy League charitable organisation, to find a new tenant and a buyer for the company's chattels.

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Earlier this year Hammerheads' long-time owners put the business up for sale, saying there was "huge potential to increase $2m pa [per annum] turnover".

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<i>Hammerheads Restaurant & Bar</i>, Okahu Bay

19 Sep 12:00 AM
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