The Stein’s Coffee Shop on Lanadwell Street in Padstow is understood to have closed in recent days with the group confirming to Cornwall Live that the site would not reopen.
Three members of staff have been redeployed.
Separately, the group has confirmed it is currently in consultation with a view to permanently shuttering its restaurant in Marlborough, Wiltshire.
A spokesperson for the Rick Stein group said: “We can confirm that we are proposing the closure of our Marlborough restaurant and are consulting with the team to explore whether this can be avoided.
“Our other restaurants, and rooms, continue to trade well, but this particular site has not delivered the same level of return.”
Rick Stein’s Marlborough restaurant was on course to close permanently in the summer of 2020 amid the Covid-19 pandemic, but was saved after the landlord wrote off some of the arrears accumulated during the lockdown and cut the rent by nearly a quarter.
The news comes after The Seafood Restaurant (Padstow) Limited and Steins Trading Limited, the group of companies behind the Rick Stein brand, saw their combined revenues fall 5.4% year-on-year to £30.4m in the 12 months ending 31 December 2024.
Steins Trading Limited saw turnover drop from £11.9m over the period to £11.5m, while The Seafood Restaurant (Padstow) Limited reported a more marked fall from £20.2m to £18.9m.
The Seafood Restaurant (Padstow) Limited reported a pre-tax loss of £459,000 for the year, more than double the £204,000 loss it made in 2023; while Steins Trading Limited saw its pre-tax loss grow from £163,000 to £290,000 over the period.
Stein’s empire currently includes 12 restaurants, many with accommodation attached; the Rick Stein Cookery School in Padstow; and an online retail outlet.