Vine dining 17 January 2020 Andrew McKenzie and the 2019 Taittinger UK Sommelier of the Year Romain Bourger on the Vineyard’s winning wine formula
In this week's issue... Vine dining Andrew McKenzie and the 2019 Taittinger UK Sommelier of the Year Romain Bourger on the Vineyard’s winning wine formula
Read More
Search

Grill Group puts two more Smollensky's up for sale

03 October 2008 by
Grill Group puts two more Smollensky's up for sale

Smollensky's owner the Grill Group has put two more of the group's struggling restaurants up for sale after failing to turn them around.

The leaseholds for the Smollensky's Metro in Hammersmith and a Burger Shack in Charing Cross, both in London, are now on the market through property agent Christie & Co.

Deals are also expected to be completed imminently for the sale of the group's Sutton and Croydon branches in south London.

The Grill Group, which bought Smollensky's for £6.5m last September, also operates Smollensky's on the Strand and at Canary Wharf, both in the capital.

Andrew Moore, director of restaurants at Christie & Co, said: "While poorly-run operations and those that are heavily geared are suffering in the current consumer downturn, there are a lot of companies out there taking advantage of the situation and we expect these sites to be snapped up."

Smollensky's owner considering sale >>

Smollensky's sold to private equity firm for £6.5m >>
Sandra Thomson: The saviour of Smollensky's? >>
Smollensky's Metro, Sutton, Surrey >>
Smollensky's adds to collection >>

By Chris Druce

E-mail your comments to Chris Druce here.

The Caterer Blog Catch up with more news and gossip on the Caterer Blog here
Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!