Chanel Acquires Retail Property On New Bond Street In London For £310M
158 159 New Bond St, Mayfair, London W1 S 2 Ub, Uk
$310,000,000
$24,603/SF
Building Size
12,600 SF
Asset Type
Retail
Closing
Oct 5, 2020
About this deal
AI
The retail property located at 158-159 New Bond Street in London has been sold in a closed transaction on October 6, 2020. The property, owned by an undisclosed seller, was acquired by Chanel for a total price of £310,000,000.
Summary of transation details
- Property Type: Retail
- Transaction Amount: £310,000,000
- Address: 158-159 New Bond Street
- Market: London
Chanel, the global luxury brand, has purchased the retail property on New Bond Street. The deal was facilitated by Chanel's representative from an undisclosed agency.
Players
London Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse London retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.05%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93