One of Gothenburg's fine dining restaurants is closing its doors for the last time. After ten years, Basement Restaurang & Bar will shut down.

Basement is run by Ulf Wagner and Magnus Larsson. Ulf Wagner, who also runs Sjömagasinet, told Västekot that a combination of high work load and low profits forces the duo to shut down Basement.

- It is difficult to run a fine dining restaurant in Sweden. We have such small margins.
Ulf Wagner and Magnus Larsson say in a press release that their ultimate goal is to find someone who can take over the premises.