Mayfair home of the exclusive Arts Club is sold for £90m

'Trophy': The building hosted Lampard and Bleakley’s wedding reception
PA

The Mayfair townhouse that is home to the exclusive Arts Club — a favourite haunt of celebrities such as Beyoncé, Jessie J and Pippa Middleton — has been sold for £90 million.

The seven-storey Georgian building at 40 Dover Street, which last month hosted the wedding reception of Frank Lampard and Christine Bleakley, was put up for sale in October.

The building was sold by a consortium led by property developer Gary Landesberg and Arjun Waney, the co-founder of fashionable London restaurants Roka and Zuma.

It comes three months after the agent Colliers International was hired to sell the freehold. The new owners are said to be a European family with links to the Far East, advised by Cushman & Wakefield.

'Unprecedented opportunity': The Arts Club
Rex

A brochure from the selling agent said: “The sale of 40 Dover Street is an unprecedented opportunity to acquire an iconic trophy property with attractive physical characteristics and a strong income investment profile.”

It has been home to the private members club, whose past luminaries include Charles Dickens and Auguste Rodin, since 1896. The venue was famously relaunched following a major refurbishment five years ago overseen by a team including Gwyneth Paltrow — then head of its membership committee.

The £2,000-a-year club has a 35-year lease and will not be affected by the purchase.

Executive director Alice Chadwyck-Healey said: “Although The Arts Club will have a new landlord, our daily operations will be unaffected. We will continue to offer our existing members world-class hospitality and look forward to introducing new members to the club.”

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