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.
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy
Why being ‘work-ready’ matters more than ever