New Bond Street store bought up

13 December 2002

Private Irish investors have bought the long lease to the grade II-listed 173 New Bond Street, London W1, where Chanel has a shop (pictured). It paid the Corporation of London £6.3m for the 2,000-year lease at a net initial yield of 4.35%. Chanel occupies the ground floor of the 321 ...

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Try Property Week For Free to finish this article.

Unlimited access to Property Week
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue