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New restaurant in Gary Neville’s Stock Exchange Hotel in Manchester closes four months after open

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New restaurant in Gary Neville’s Stock Exchange Hotel in Manchester closes four months after open

The new restaurant inside Gary Neville’s Manchester hotel has closed just four months after opening its doors, and days after it was announced the sports pundit was joining Dragons’ Den as a guest.

The Stock Market Grill replaced celebrity chef Tom Kerridge’s Bull and Bear restaurant in the ex-footballer’s Stock Exchange Hotel in Manchester city centre when it opened this year.

But today it released a statement saying it had decided to ‘close the doors to Stock Market Grill’ with immediate effect. The restaurant was not run by Neville but by the people who own the hotel’s cocktail bar, Sterling.

The news came less than a week after it was announced that Neville, 48, would be joining the cast of business tycoons on BBC investment reality show Dragons’ Den as a guest investor.

The entrepreneur has ventures in everything from hospitality and property to digital marketing, which have netted millions of pounds.

The new restaurant inside Gary Neville’s (pictured) Manchester hotel has closed just four months after opening its doors – and days after it was announced the sports pundit was joining Dragons’ Den

The Stock Market Grill restaurant was a first foray into dining from the brothers behind the award-winning Schofield's Bar - Joe and Daniel Schofield - together with wine expert James Brandwood

The Stock Market Grill restaurant was a first foray into dining from the brothers behind the award-winning Schofield’s Bar – Joe and Daniel Schofield – together with wine expert James Brandwood

The hotel issued a statement on Monday morning saying it had taken the decision to 'close the doors to Stock Market Grill' with immediate effect

The hotel issued a statement on Monday morning saying it had taken the decision to ‘close the doors to Stock Market Grill’ with immediate effect

However, he has also faced setbacks amid claims one of his high-end Manchester hotels lost £3.2million over the pandemic and owed ‘£10million in loans’.

And Gary has been slated in the past for advertising for workers on minimum wage to staff one of his luxury hotels – which can charge more than £800 a night for a suite.

The Stock Market Grill restaurant was a first foray into dining from the brothers behind the award-winning Schofield’s Bar – Joe and Daniel Schofield – together with wine expert James Brandwood. They already ran the hotel’s cocktail bar Sterling in the basement, which will continue to operate.

A statement was released by the Stock Exchange Hotel this morning announcing the restaurant’s shock closure. It said: ‘Stock Exchange Hotel have taken the decision to close the doors to Stock Market Grill , as of July 3.

‘The restaurant will, however, continue to serve breakfast and in-room dining to all overnight guests.

‘In the meantime, the focus will be on Sterling , the premium cocktail bar located in The Vault at the Stock Exchange Hotel. The team are continuing to develop the Sterling concept and its offering.’

The statement concluded: ‘Further details on Stock Exchange Hotel’s new F&B [food and beverage] concept will be revealed in due course.’

At the time of the launch, Joe Schofield said how much he and his brother were looking forward to launching their first city centre restaurant.

He said: ‘This will be our first restaurant venture but we do have 20 years experience in world class restaurants during that time.

He added: ‘In a nutshell our concept is a British brasserie, championing dishes we love and elevate and refining them with great produce and working with the seasons. To be honest we’re just really excited about continuing the legacy of Tom and his team.

‘They did a great job and we absolutely love this space and so we’re just looking forward to carrying things on.’

The restaurant had a minor makeover from the previous Bull and Bear offering from Michelin Star chef Tom Kerridge and his team.

The most major change was the divisive TV screens on the walls being taken down.

Gary Neville's other Manchester hotel: Hotel Football in Stretford, Manchester

 Gary Neville’s other Manchester hotel: Hotel Football in Stretford, Manchester

The Stock Market Grill opened with head chef Joshua Reed-Cooper at the helm, who had previously worked at Michelin-Star Manchester restaurant Mana

The Stock Market Grill opened with head chef Joshua Reed-Cooper at the helm, who had previously worked at Michelin-Star Manchester restaurant Mana

Gary Neville will join the list of Dragons which has included Steven Bartlett, Peter Jones, Deborah Meaden, Touker Suleyman and Sara Davies (left-right)

Gary Neville will join the list of Dragons which has included Steven Bartlett, Peter Jones, Deborah Meaden, Touker Suleyman and Sara Davies (left-right)

Announcing the news in December, hotel owner Mr Neville said: ‘I am incredibly excited to be working with Joe, Daniel and James again on the launch of The Stock Market Grill. I know they will bring another world class-brand to the Stock Exchange Hotel and to our city.’

It opened with head chef Joshua Reed-Cooper at the helm, who had previously worked at Michelin-Star Manchester restaurant Mana.

The launch menu featured starters (ranging from £12 to £16) including a steak tartare with a beef fat egg yolk, a bitter chicory salad with sharp Berkswell cheese.

Mains included an ex-dairy cow ribeye steak for a pricey £55 and chips for £7.

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