Christie & Co to advise on sale of Jamie Oliver Restaurant Group lease portfolio

Will Wright and Mark Orton from KPMG’s restructuring practice have been appointed joint administrators to the Jamie Oliver Restaurant Group Ltd, and its subsidiaries Jamie’s Italian Ltd, Jamie’s Italian Holdings Ltd, One New Change Ltd and Fifteen Restaurant Ltd.

Specialist business property adviser, Christie & Co has been instructed to market the leasehold portfolio of the Jamie Oliver Restaurant Group.

The portfolio comprises 20 leasehold sites, which previously traded as Jamie’s Italian, Barbecoa and Fifteen London.

Eight sites occupy strong trading positions throughout Central and Greater London.

Twelve sites are situated in prime locations across the UK.

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 sites are available on a group, sub-group or individual basis, and Christie & Co expects to receive strong interest over the next week, with best bids due by Thursday, May 30.