London property shock: Forbes House sold for £40m to mystery buyer

London property shock: Forbes House sold for £40m to mystery buyer




.

The historic property, Forbes House, situated in London’s exclusive Belgravia district, has been sold for a staggering £40 million.

According to the London Evening Standard, the current residents, The Society of Motor Manufacturers and Traders, who count the Queen as a neighbour, have sold their 47-year lease and the property could soon return to being used as a ‘home’.
 
At present the SMMT share the property with Forbes House Events, who hire out parts of the stunning Georgian house for weddings and corporate functions. 
 
The property lays claim to a diverse 200 year history; housing the likes of the Earl of Oxford and Mortimer and Colonel Edward Douglas-Pennant, as well as being used as a government department for almost a decade and an exhibition space for the Russian art critic’s, Sergei Diaghilev, ballet work in 1955.
 
After the Diaghilev exhibition, the building was used by a film company, before being bought by a speculative property company who revamped it and sold the lease on to The Society of Motor Manufacturers and Traders in 1957.
 
It is unknown who has bought the property and SMMT are choosing not to comment on the sale. Likewise Forbes House Events are commenting either.
 
It hasn’t been a ‘home’ for over 50 years, but this could all be set to change if the rumours prove true and the new mystery owners turn it back into a residential property.
 
Who knows, Her Majesty might have someone new to invite round for tea...

Leave a comment