Colin Fassnidge confirms 4Fourteen restaurant to close in July

Chef-hatted Sydney restaurant 4Fourteen will be sold or close its doors at the end of July, restaurant owner Colin Fassnidge has confirmed.

The veteran chef and TV talent says a deal to sell the restaurant could still happen, but if it doesn't he's calling time on the venue.

"I'd need to sign another lease and I'm not signing for another five years, I've got too much else going on," he explains.

Fassnidge has told staff and says there's an option to move them to his other venues. "They've all got jobs," he says.

Fassnidge has been busy accumulating a network of pubs under his watch, dishing up crab on toast at the Banksia Bistro, in the southern suburb of Banksia, and stepping into Pyrmont's Terminus Hotel in April, where he's installed his pub classics.

4Fourteen, a consistent performer, lifted the food game in a previously barren pocket of one of Sydney's prime restaurant suburbs, Surry Hills.