United Kingdom

4 Grafton Street, London W1

The second acquisition for Cannon Estates was the freehold interest of 4 Grafton Street, London W1, previously the headquarters of Gucci Group.  The property comprised a Grade I listed building constructed in 1759.

The intention was to secure a ‘change of use’ and restore the house to a single dwelling totalling of some 25,000 sq ft.  The property was purchased for a sum in the order of of £18m and has subsequently been sold.