Partner Article
Bond Street’s famous SJ Phillips building sold
The home of an antiques dealer SJ Phillips has been sold after a 50-year period of ownership.
The company, which specialises in jewellry, has sold its iconic 139 New Bond Street location to landlord Trophaeum in a deal with more than £70m.
Trophaeum boasts a portfolio of properties in the Mayfair area including Aquazzura and Alexander Wang on Albemarle Street.
The 145-year old retailer will move to new premises in 2017.
Matt Farrell, asset management director at Trophaeum said: “The opportunity to get vacant possession of an entire building in such a prime pitch only happens once in a blue moon. We did not want to miss out on an opportunity like this.”
This was posted in Bdaily's Members' News section by Ellen Forster .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Our Partners
Are you a meat proxy?
Engaging the five-generation workplace
Talent is an asset, not an operational resource
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners