WINNIPEG -- The restaurant Segovia Tapas Bar is shutting its doors for good, after more than a decade in business.

The popular Spanish restaurant in Osborne Village made the announcement in an Instagram post on Wednesday.

“We are terribly sad to let you know that we have made the difficult decision to close the big wooden doors at Segovia permanently.”

The restaurant closed last March because of the COVID-19 pandemic and said it’s disappointed it didn’t get to have a proper send off.

“We are sad that we didn’t get to have a really good closing up party and that we served our last service without knowing that it was our last,” read the post.

“We are so proud to have been part of Winnipeg’s inspiring culinary scene for over a decade.”

The restaurant and hospitality business has been one of the hardest-hit industries by the COVID-19 lockdown.

In an email to CTV News, Carolina Konrad, co-proprietor of the restaurant, said it struggles through winters each year.

"It was an incredibly hard decision to make but ultimately, we feel confident that it was the right one. We have had a great run and are happy to be going out on a high note," the statement read.

With new restrictions from the province limiting capacity to 50 per cent, she said there was no way it would last long, adding the changes in health orders would force drastic changes in the restaurant.

"…(We) are not willing to sacrifice the quality of service and food that we are known for. All in all, things are just too uncertain in terms of what the future of restaurants like Segovia look like, and we are calling it before we get too much deeper in the red."