Christie & Co, the property agency, has confirmed that it has completed the disposal of 28 sites for Paramount Restaurants. It was appointed in May to advise on the disposal of a portfolio of 37 sites operating under the Brasserie Gerard, Chez Gerard, Caffè Uno, Bertorelli, il Bertorelli and Livebait brands. Paramount subsequently decided to retain nine of the original 37 sites, including all four operated under the Livebait brand. The remaining 28 units comprised 12 Brasserie Gerards; eight Caffè Unos; four il Bertorellis; three Bertorellis; and one Chez Gerard. Occupying prime town and city centre locations. The sites were acquired by 12 different parties, with 26 bought by established corporate operators, including Tragus, Gondola Holdings, Prezzo, Giraffe, Costa Coffee and Busaba Eathai, whilst the remaining two sites were sold to individual private buyers. The average price paid for each restaurant was in excess of £250,000, whilst geographically the spread was six in Central London; 10 inside the M25; and 12 throughout the rest of the UK.