Wed, 03 Feb 2016 | BUSINESS SALE
A Mayfair nightclub is up for sale with an unknown price sum.
One For One, located on Park Lane, has been a favourite haunt with A-list celebrities and bankers alike.
But in 2014 the venue was closed down following a difference of opinion amongst its owners regarding the bar's future. Now, the private overseas leasehold owner is selling up.
Davis Coffer Lyons, a property agency, has now been brought in to oversee the sale of the longlease, which has a rent attached of £225,000 a year.
Jonathan Moradoff, director of Davis Coffer Lyons, spoke to the Evening Standard about the sale: “This could be the perfect opportunity for overseas club operators and UK investors who want to make money in a prestigious location where hedge-fund managers, bankers and celebrities will flock to.”
One For One made the headlines in 2011 when it sold the most expensive bottle of champagne ever bought in the bar for £120,000. American gambler Don Johnson bought a 30-litre Midas of Armand de Brignac from the venue.
The club had a previous record of sales of Armand de Brignac, including an £80,000 bottle to an anonymous buyer the year before.
The venue was run as a members club and aimed to deliver a top level of service to provide an “exceptional” user experience.
View other London businesses for sale.
This practice, which was established in 1955, is available for sale due to the impending retirement of the partners. Requirements: One of the partners will be available to assist in the transition period to ensure a smooth handover of clients. Offers...
FREEHOLD
This practice, which was established in 2008, is available for sale due to the impending retirement of the partners. Offers invited.
LEASEHOLD
This practice, which was established in 1985, is available for sale due to the impending retirement of the partners. Offers invited.
LEASEHOLD
|
17
|
|
May
|
Greater Manchester staffing firm acquires security services company | BUSINESS SALE
A security services business headquartered in Newton-le-Will...
|
16
|
|
May
|
Midlothian IT company enters administration with assets up for sale | ADMINISTRATION
An Edinburgh-based IT firm has collapsed into administration...
|
15
|
|
May
|
Logistics recruiters and distributors snaps up Birmingham-based counterpart | BUSINESS SALE
Challenge TRG Group, headquartered in Wigan, has successfull...
Sign up to receive our acquisition alert emails to get your FREE guide
|
17
|
|
May
|
Greater Manchester staffing firm acquires security services company | BUSINESS SALE
A security services business headquartered in Newton-le-Will...
|
16
|
|
May
|
Midlothian IT company enters administration with assets up for sale | ADMINISTRATION
An Edinburgh-based IT firm has collapsed into administration...
|
15
|
|
May
|
Logistics recruiters and distributors snaps up Birmingham-based counterpart | BUSINESS SALE
Challenge TRG Group, headquartered in Wigan, has successfull...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources