Christie & Co has been appointed to market a package of sites closed as part of the administration of the Jamie Oliver Restaurant Group.
The portfolio comprises 20 leasehold sites, which previously traded as Jamie’s Italian, Barbecoa and Fifteen London. Eight are in central and Greater London, with the rest across the UK.
The sites are available on a group, sub group or individual basis, with best bids due by Thursday 30th May 2019.
Jamie Harvie-Austin, director at Christie & Co, said: “Christie & Co is delighted to have been appointed by KPMG to assist in the disposal of these restaurants, as this provides a rare opportunity for restaurant operators to acquire extremely well-located premises in city centre locations.”
The chain appointed KPMG earlier this week, with all but three of the remaining 25-strong estate closed with immediate effect.
The Times reported that the group was in discussions with the German turnaround specialist Aurelius Group until Monday. The group was set to acquire a majority stake in a deal that would have given the business up to £10m of new funding.
While the proposal would have prevented the company from going bust and would have allowed most of its restaurants to continue trading, it is understood that there were concerns that this merely would have delayed the inevitable.