Buyers found for Jamie Oliver restaurant sites

Property adviser Christie and Co today (12 August) has completed the sale of 20 restaurant sites belonging to Jamie Oliver Restaurant Group, on behalf of joint administrators.

Accounting firm KPMG were appointed in May after the group entered into administration, its portfolio included 22 Jamie’s Italian sites, one Barbecoa restaurant, Jamie Oliver’s Diner at Gatwick Airport and Fifteen London.

It was reported in July that Richard Caring, owner of Caprice Holdings had agreed to purchase three sites, including one of the Barbecoa branches at St Pauls.

Simon Chaplin, senior director at Christie and Co said: “Many of these sites are in prime locations within key towns and cities, which helped attract a wide variety of operators and bids. We are therefore pleased to have achieved a positive outcome for the joint administrators.”