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Tamares to sell Mayfair HQ

Tamares, the private equity firm backed by the billionaire Zabludowicz family, has put its Mayfair headquarters on the market seeking bids in excess of £50m.

Cushman & Wakefield has been appointed to sell 41 Dover Street, W1, with a short-term leaseback to Tamares.

The 10,417 sq ft building will be sold with vacant possession in 2016 and has the potential for a luxury retail-oriented refurbishment or redevelopment.

Tamares, which owns several properties in north and west London, is likely to launch a requirement for new offices ­following the sale.

The building is next door to the historic Arts Club venue on Dover Street, which is also on the market.

 

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