The 55-year-old chef has said he wants to free up some time after more than two decades of demanding work.
So he has put the Olive Press and Heathcotes Brassierie in Preston city centre up for sale with a price tag of £250,000 leasehold.
The Bolton-born chef, who holds the MBE, launched his empire of restaurants in Longridge in 1990 at the age of 29.
He became a regular on television and scooped Michelin Stars, Catey Awards and the Egon Ronay Chef of the Year award.
The Olive Press, in Winckley Square, was opened in Preston in 1995 and has since been a favourite for a number of stars including singer Rod Stewart, Rugby World Cup winner Jason Robinson, football manager David Moyes, DJ Fat Boy Slim and Coronation Street star Helen Worth.
- What are your memories of eating at Paul Heathcotes’ restaurants over the years? Let us know and we’ll include the best alongside the full story in Saturday’s Lancashire Evening Post