Press Releases

O2 S&M Café acquired by TRG

12 October 2010

Acting on behalf of Smash Foods Ltd, Christie + Co has sold the leasehold interest of the S&M Café within the O2 in Greenwich for an undisclosed sum, with national operator The Restaurant Group (TRG) , which operates the Frankie & Benny’s, Garfunkel’s and Chiquito brands, taking on the site.

Occupying a corner site on the ground floor of a purpose built unit within the main dome structure, the S&M unit currently comprises a 200-cover restaurant and external seating on two sides overlooking a central plaza for up to 80 people.

Founded in 2002, S&M Café, the sausage and mash casual dining group, operated restaurants in Islington, Leadenhall Market, Portobello Road, Smithfield, Spitalfields, and within the O2 in Greenwich.

The leasehold interest of the S&M Café site in Leadenhall Market was sold to Tortilla, the Mexican fast-casual dining chain, in August.

Christie + Co, which was instructed to market the S&M Café business in May this year, has deals agreed with a number of parties regarding the sale of the four remaining sites that made the S&M chain.

Simon Chaplin, Director at Christie + Co, said: “The sale of the O2 site and the S&M unit in Leadenhall Market to Tortilla demonstrates that there continues to be a clear willingness to buy realistically-priced, well-presented businesses in good trading locations. The S&M package and the non-core assets we have been marketing on behalf of Paramount Restaurants have both generated significant levels of interest from established and up-and-coming operators who are again actively pursuing opportunities across the sector.”

—Ends—

For further information on this press release, please contact: Mark Wingett at Christie + Co. Tel: 020 7227 0794. mark.wingett@christie.com

Our Spokespeople

Our People - Directory