In sad news for cheese lovers, Fromage Artisans in Perth’s CBD has closed its doors.

Directors of Taste Adventures Pty Ltd, which owns the licensed cheese and wine bar in the basement of 101 St Georges Terrace, said the business’s current model was “financially unviable”.

“The business is currently on the market with GMO business brokers and the directors hope a buyer will be found soon to ensure creditors and loyal cheese lovin’ followers can continue to enjoy all that Fromage has to offer,” it wrote on its website.

Camera Icon Co-owners Danicia Quinlan and Michael Taylor opened the venture in 2017. Credit: The West Australian

HLB Mann Judd’s Kim Wallman said his insolvency firm was in the process of selling the business and that it should have an indication about the level of interest in one to two weeks.

“It’s going as smoothly as it could be,” he said.

He said the quality of the product was “second to none” and the passion of the directors “very, very high”, adding “they knew what they were doing”.

But he said a decline in consumer spending hit the business hard.

“There just wasn’t enough people through the door,” he said.

The shop, housed in a former bank vault and with a custom-built cheese-ageing room, was cited in a travel review of Perth by Britain’s Daily Telegraph newspaper as a measure of the city’s new-found hipster coolness.

Co-owners Danicia Quinlan and Michael Taylor opened the venture in 2017 saying Perth was ripe for a luxurious cheese store.

“We realised there was nothing like this in WA and decided to take a punt,” Ms Quinlan said at the time.