Christie & Co instructed to sell London restaurant chain Lupita
Specialist business property adviser, Christie & Co has been instructed to market the London-based Mexican restaurant chain, Lupita.
The chain is made up of three sites located on Villiers Street next to Charing Cross, Commercial Street in the City and Kensington High Street with a fourth site in the pipeline at Battersea.
Lupita - Villiers Street
Owned by Calita Limited, Lupita is an award-winning brand which specialises in authentic Mexican cuisine and was recognised as the best Mexican restaurant by Zagat in 2016. In partnership with El Farolito in Mexico City, the first Lupita site opened in 2010 with great acclaim.
The sites all seat over 70 diners and the City site has a basement bar in addition.
Simon Chaplin, Head of Restaurants at Christie & Co comments, “This is an excellent opportunity to acquire three prominent restaurants with an established base. Mexican food is recognised as being a trend to watch, not limited to shells and wraps but also at the quality end with quesadillas, tortas and soft tacos. This is the cuisine that has brought Lupita its success.
“Mexican restaurants have seen a growth similar to the burger phenomenon but have the added appeal of being a more healthy alternative for many as well as offering speed and convenience. It is also a cuisine that can travel, unlike many others, so is able to take full advantage of the delivery revolution.”