Aidan Brooks’ Tribeca Holdings has continued its West End retail spree with the acquisition of a mixed-use Chelsea block offering the potential for redevelopment.
The Irish retail investor has paid £14m for 76-82 Sloane Avenue, SW3, an 8,000 sq ft mixed-use property which until recently was home to fish restaurant Poissonnerie, run by Peter Rosignoli.
The vacant block, which also includes three upper residential floors, has scope for redevelopment into a ground-floor shop with six luxury flats above.
A planning application is expected next year.
Tribeca already owns the adjoining block at 72-74 Sloane Avenue, SW3, which is leased to fashion brand Joseph.
The deal follows Tribeca’s £1bn move to take full control of its London portfolio, buying out partners across its estate on assets including the nearby Brompton Cross Estate, SW3, and Old Spitalfields Market, E1, on the City fringe.
Miles Commercial acted for the vendor; Kieran D Cotter & Co acted for Tribeca Holdings.
