London is an old city which has moved forward successfully too.
A lot of tourists rarely go through Mayfair. It is always interesting to browse through Savile Row and see tailors hard at work…all handmade.
But the further West you go the nicer the architecture is and consequently the price tag can be shockingly impressive. Mayfair and Chelsea are two areas of London with rather exclusive properties.
The latest development is about the previous Red Lion Pub - newly named The Red Lion House.
Something beautiful and unique - the only thing is the high price, but after all there are:
Get all your savings ready to put £25 million on the counter.
The facade looks appealing and classy. However - and this is only my opinion - the decor is a touch too clinical and sterile…almost no character.
Are there people out there able to invest such a sum? Which family would live in a home like that? It would be pleasing if the future buyer was British and not someone from overseas, just buying to rent or even just visit the Capital for a week or two a year.
It could be a dream come true for many…as long as you win the lottery.
Maybe in a few months time a press release will appear online informing that a celebrity (name kept secret) has purchased the formidable building.
Unless that a wealthy art dealer decides to transform some rooms into an art gallery?! It would be something peculiar which would certainly attract curiosity, visitors and potential collectors.
The place is set and ready… time will tell whether such family home will find residents.
For such purchase/investment wealth management is without a doubt an important factor.