Jamie’s Italian, Barbecoa & Fifteen London

Available on an individual, sub-group or group basis

An opportunity to acquire, through lease assignments 20 restaurants in prime UK locations

christie.com

The properties have been trading as Jamie’s Italian, Barbecoa and Fifteen London. Christie & Co has been instructed by the joint administrators to Jamie Oliver Restaurant Group Limited (in administration) Jamie’s Italian Limited (in administration), Jamie’s Italian Holdings Limited (in administration), One New Change Limited (in administration) and Fifteen Restaurant Limited (in administration); to seek assignment of the leasehold interests.

Best bids need to be received by midday on Thursday May 30th 2019 and must include the following:

• Financial offer

• Landlord pack

• Proof of funding

• Conditions of offer

The sites were closed for business on the 21st May 2019. Loose trade fixtures and fittings have been removed. Any branded items will also be removed.

We will look to finalise Heads of Terms by 4th June 2019

Site Address PostcodeTotal Area (sqft)

Current Rent (£)

Service Charge (£)

Rateable Value (£)

Lease Rent Review

Offers in excess of (£)

Angel 409-411 St John St, Clerkenwell, London EC1V 4AB 7,998 272,500 24,700 310,000 25 year term from 31 May 2011. Inside L&T Act 1954.

31/05/2021 50,000

Barbecoa St Pauls 20 New Change, London EC4M 9AG 8741488,800. Turnover top up at 8%

112,400 280,000 15 year term fro 26 Oct 2010.Outside the L&T Act 1954.

26/10/2023 100,000

Birmingham Middle Mall, Bullring Shopping Centre B5 4BE 7,879307,000. Tunover top up of 8%

54,000 275,000 15 year term from 24 June 2010 granted inside the L & T Act 1954

24/06/2020 100,000

Brighton 11 Black Lion St BN1 1ND 6,781 152,000 6,900 173,000 25 year term from 1 Dec 2008. Inside L&T Act 1954.

01/12/2023 75,000

Cambridge The Old Library, 2 Wheeler Street CB2 3QJ 7,944200,000. Turnover top up at 8%

N/A 135,000 25 year lease from 19 October 2009 with no break clauses.

19/10/2019 300,000

Cardiff LG 69/70, Shopping Centre CF10 1GA 6,437220, 800. Turnover top up 8%

26,400 223,000 15 year term from 24 June 2009. Inside L&T Act 1954.

24/06/2019 75,000

Covent 11 Upper St Martin's Ln, London WC2H 9FB 5,113 420,000. Turnover top up 8%

62,800 400,000 25 year lease from 3 March 2010. Inside the L&T Act.

03/03/2020 200,000

Edinburgh The Assembly Rooms, 54, George Street EH2 2LR 7,083 303,600 32,700 280,500 25 year term from 30 March 2012. Outside L&T Act 1954.

30/03/2022 100,000

Fifteen London 15 Westland Pl, Hoxton N1 7LP 3,443 128,000 23,246 136,000 16 year term from 31 July 2006. 31/07/2022 50,000

Glasgow 7 George Square G2 1DY 9,494 246,000 40,500 210,000 25 year term from 29 March 2010. Outside the L&T Act 1954.

29/03/2020 75,000

Guildford 13 Friary St GU1 4EH 5,490 172,500 6,300 141,000 25 year term from 1 June 2009. Inside L&T Act 1954.

01/06/2019 50,000

Liverpool 45 Paradise St L1 3EU 6,770255,000. Turnover top up 8%

59,600 238,000 15 year term from December 2008. Outside the L&T Act 1954.

25/12/24 & 25/03/2024

75,000

Manchester 100 King St M2 4WU 10,430 205,000 1,800 178,000 25 year term from 14 November 2011. Inside the L&T Act 1954.

14/11/2021 75,000

Nottingham 24-26 Low Pavement NG1 7DL 10,344 165,000 N/A 80,000 25 year term from 23 August 2010. Inside the L&T Act 1954.

23/08/2020 50,000

Oxford (A) 24-26 George St OX1 2AE 7,815 273,250 N/A 220,000 20 year term from 8 Jan 2008. Inside the L&T Act 1954.

08/01/2022 100,000

Piccadilly 17-19 Denman St, Soho, London W1D 7HW 8,385 350,000 3,600 427,500 25 year lease from 20 Sept 2013. Landlord break 23rd May 2023 with compensation. Outside L&T Act 1954

20/09/2018 400,000

Victoria 66 Victoria St, Westminster, London SW1E 6SQ 9,741 385,000 64,000 377,500 15 year term from 17 June 2015. Inside L&T Act 1954.

17/06/2020 100,000

Westfield Shepherds Bush 1078, Ariel Way, London W12 7GB 6,727 240,000 92,200 177,000 25 year term from 1 April 2010. Inside L&T Act 1954.

06/04/2020 50,000

Westfield Stratford 158 Westfield Ave, London E20 1EN 6,986300,000. Turnover top up 7%

102,400 182,000 15 year term from 1 April 2011. Outside L&T Act 1954.

01/04/2021 50,000

York Lendal Cellars, 26 Lendal YO1 8AA 6,372 180,000 N/A 115,000 25 year term from 30 March 2012. Inside L&T Act 1954.

30/03/2022 75,000

christie.com

Any interest should be directed to:

Jamie Harvie-Austin

E: Jamie.Harvie-Austin@christie.com

T: +44 7879 333 524

Simon Chaplin

E: Simon.Chaplin@christie.com

T: +44 7764 241 351

James Laskowski

E: James.Laskowski@christie.com

T: +44 7526 176 358

CONTACTS

CONDITIONS OF THESE PARTICULARSThese sales particulars are prepared as a general guide to the property (which expression includes business and trade content, if any, included in the sale) for the convenience of a prospective purchaser or tenant (an “acquirer”) and are intended for business people familiar with commercial transactions. If you are not sure that you fit this description you should take relevant independent advice before proceeding further.Christie & Co for themselves and for the vendors, owners or landlords of the property (together the “Client”) whose agents Christie & Co are, give notice that: (a) These particulars are made without responsibility on the part of Christie & Co or the Client; they do not obviate the need to make appropriate searches, enquiries and inspections, nor do they constitute any part of an offer or contract, and statements herein are not to be relied upon as statements or representations of fact; any acquirer must satisfy himself, by inspection or otherwise, as to their correctness and any error, omission or mis-description therein shall not affect or annul the sale or be grounds for rescission or compensation; (b) The Client does not make or give, and neither Christie & Co, nor any of their employees has any authority to make or give, any representation or warranty whatsoever in relation to the property; (c) Christie & Co have not carried out a detailed survey, nor tested the services, appliances and specific fittings; (d) Dimensions (where given) are approximate and should be verified by an acquirer; and (e) Any accounts or financial statements or registration information provided to an acquirer are provided on behalf of the Client by Christie & Co, who cannot therefore offer any guarantee of their completeness or accuracy, and accordingly shall not be liable for any loss, damage, cost, expenses or other claims for compensation arising from inaccuracies or omissions therein. These details were believed to be correct at the date of publication but their accuracy is not guaranteed. Subject to contract. Copyright reserved Christie & Co. May 2019.