Wednesday 17 January 2018

Masterchef star loses company assets over €140,000 Revenue bill

The City Sheriff swooped on Nick Munier's company assets after closure of Avenue

Nick Munier closed his restaurant Avenue last month
Nick Munier closed his restaurant Avenue last month
Conor Feehan

Conor Feehan

The Dublin City Sheriff has seized control of the restaurant assets of celebrity maître d' Nick Munier to cover a €140,000 Revenue bill.

Mr Munier's Michelin-recommended Avenue eatery in Temple Bar shut its doors in a sudden and surprise move last month after two years in business.

Wilsons Auctions was recruited by the management to host the sale of the fixtures and fittings later today, but the City Sheriff seized control of the property when the first viewing of the lots took place on Saturday.

The auction will go ahead as planned, but instead of the proceeds going to Mr Munier, the money generated will first be used to cover the €140,000 bill in unpaid VAT and PAYE payments owed to Revenue.

A creditors' meeting is due to take place on May 29, but whether or not there will be any money left after Revenue is paid remains to be seen.

Fixtures and fittings at auctions rarely reach market value in bids and it is possible the proceeds of the sale will not even cover the figure owed to Revenue.

The now closed Avenue restaurant in Crow Street, Templebar which was owned by Nick Munier.
Photo: Tony Gavin
The now closed Avenue restaurant in Crow Street, Templebar which was owned by Nick Munier. Photo: Tony Gavin

Avenue, located in Crow Street in the heart of Temple Bar, was opened in April 2015 by the restaurateur famed for his appearance on 'MasterChef Ireland'.

The auction will feature a selection of hand-crafted marble dining tables, hand-crafted Corian dining tables with brass inlay, Brabbu-influenced contemporary dining armchairs, and a selection of black velvet curved swivel chairs with gold trim among other items.

Mr Munier was not available for comment on the seizure of the restaurant's assets by the Sheriff.

When the restaurant closed Mr Munier posted a notice of apology and regret to patrons.

A well-known figure on the restaurant industry scene, he previously set up Pichet on Trinity Street in the city centre before moving on following a buyout deal in 2014.

The restaurateur and artist previously worked as a judge on RTÉ's 'MasterChef' series.

Irish Independent

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