23 February 2012

Forsters acts on relocation of Mallett plc to Ely House, Dover Street

Forsters have acted on the acquisition of new premises for renowned antiques specialists Mallett Plc and on the related disposal of their old premises on New Bond Street. Mallett Plc have taken a new lease from Glenalla Properties Holdings Ltd of Ely House, Dover Street for a fifteen year term. Described as one of the best houses in London by Country Life magazine Ely House was begun in 1772 and completed 1776 for the Bishop of Ely by the renowned architect Robert Taylor. The magnificent interiors retain much of their original stucco decoration which will ideally partner the furniture and works of art for which Mallett are known.

Giles Hutchinson Smith, Chief Executive Officer of Mallett, says: "The move to Ely House marks an exciting new chapter in Mallett's distinguished history. This magnificent 18th century house provides the perfect environment for a 21st century antiques business. The new space is entirely in tune with the Mallet ethos and manages to be both grand but intimate and discreet at the same time. The new space will provide an entirely new retail experience for our clients and we look forward to welcoming them here".

Mallett Plc assigned their lease of their old premises at New Bond Street to Italian luxury fashion house Fendi.

Howard Gill, assisted by Peter Selwyn, acted on both the acquisition of Ely House and the assignment of the New Bond Street premises. Richard Counihan of SNR Denton acted for Glenalla Properties Holdings Ltd.

 

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