Ramsay selling two restaurants?

Gordon Ramsay Holdings forced to deny rumours he is to sell two eateries

Gordon Ramsay has been forced to deny that he is to sell two of his London eateries, after the properties appeared in the ‘for sale’ section of a property website.

The ‘for sale’ signs were promptly removed from the site and Gordon Ramsay Holdings (GRH) put the move down to an administrative error, however the mistake has done nothing to quash rumours that the celebrity chef’s company is looking for a buyer for leases on Ramsay’s Sloane Street restaurant in Knightsbridge in London and The Devonshire pub in the Chiswick area of the capital.

According to reports, the chef is feeling the pinch like everyone else since the economic downturn and has felt the effects as more people choose to eat at home.

Ramsay’s Chelsea restaurant, Foxtrot Oscar, was forced to close two days a week before Christmas and now only serves lunch on three days each week.

Gordon Ramsay Holdings has fallen short of submitting their accounts on time for the second consecutive year and has been slapped with a £1,500 fine by Companies House for filing 2006’s accounts 16 months late.

The company could now face further punishment if the accounts for 2007 are delivered late.

GRH attempted to lay the rumours to rest saying: ‘The lease on the Sloane Street property (which is held by the Jumeirah hotel) expires at the end of this year, when it is unlikely to be renewed’.

‘The site has been used as a private dining facility to accommodate Gordon Ramsay Holdings guests whilst The Savoy Grill and Petrus have been temporarily closed for refurbishment and relocation respectively, both these restaurants will re-open later this year. The Devonshire is not for sale and is trading as normal’.

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