The big, prime space is on the market
One of Hollywood’s biggest and most expensive restaurant build-outs in years is now sitting empty, and the folks in charge of leasing it are asking any potential next tenants to pay a pretty penny. The former Hearth & Hound on Sunset Boulevard has been listed with powerful restaurant real estate outfit the Knox Company for around $26,000 in monthly rent, and that’s not including a negotiable amount of key money just to get in the door.
Hearth & Hound closed in January of this year after struggling to find its footing under chef April Bloomfield. The New York City chef and her team were undercut by allegations of sexual harassment by co-owner and business partner Ken Friedman first made public by the New York Times just six days into the restaurant’s tenure. Friedman held on to his financial stake in the restaurant for many months afterwards, with a business split between him and Bloomfield coming only last summer.
The big indoor-outdoor former Cat & Fiddle building has sat dormant since January, with the front gate closed and little to no action inside. Now the space is being more actively shopped around for a potential new restaurant tenant, which could once again bring life to the 4,800 square foot restaurant and 1,500 square foot patio. The listing agents describe the space as turnkey, which makes sense considering how new the kitchen and dining room were when the restaurant closed. The original Cat & Fiddle owners have since moved just west to Highland Avenue.
The listing of Hearth & Hound is just the latest example of a Los Angeles restaurant and real estate market in flux. While more and more operators, including big out of town names, make plans to hit the city, still others are finding it hard to thrive with high rents, a rising minimum wage, and so much dining competition across the city.
Hearth & Hound. 6530 W. Sunset Blvd., Los Angeles, CA.
“Hollywood’s Shuttered Hearth & Hound Space Asks Over $26,000 in Monthly Rent.” Eater LA – All. https://la.eater.com/2019/3/21/18276380/hearth-hound-closed-listing-real-estate-for-sale.