Mayfair 'House of Gucci' on Sale for £55 Million.

The Gucci Mansion on Grafton Street in London’s Mayfair, a Grade I listed private palace which served as Gucci’s global headquarters where designer Tom Ford and CEO Domenico De Sole worked, is arguably Mayfair’s finest residence and is now available to purchase or let. 

The palatial Gucci Mansion was originally built in 1769-1772, designed in Neo-classical style by architect Sir Robert Taylor, built by Edward Gray with magnificent gold leaf interiors by renowned plasterer Joseph Rose and cabinetmaker John Mayhew; under the auspices of landowner the Earl of Grafton. 

Formerly the London home of Lord Chancellor Lord Brougham, where HM Queen Victoria and the 1st Duke of Wellington were entertained, the Grafton Street mansion’s Gucci history can be traced back to 1993 when Bahrain-based investment fund Investcorp purchased Gucci from Maurizio Gucci, ending the Gucci family’s involvement which dated back to 1921 when Guccio Gucci founded the luxury brand. 

In 1994, following the Invescorp takeover, Texan designer Tom Ford was named Creative Director of Gucci and Domenico De Sole (legal adviser to the Gucci family since the early 1980s) was made CEO, with De Sole listing the company on the New York Stock Exchange in October 1995.

In March 1995 Maurizio Gucci was shot dead in the lobby of Gucci’s Milan headquarters by his ex-wife Patrizia Reggiani Gucci and this led to a decision that Gucci should seek a new HQ, ideally away from Milan, so that the brand could benefit from a fresh corporate identity and leave the tragic past behind.

As a result, in 1998 Gucci’s global headquarters relocated from Milan to London, with the new Gucci Mansion on Grafton Street (close to Gucci’s Bond Street store) becoming a base for Tom Ford and Domenico De Sole. The mansion had been given a 24-month refurbishment prior to Ford and De Sole moving into the palatial building with the lavish rooms dressed with Gucci custom-designed furniture including chocolate veneer desks and cabinets and black calfskin sofas and chairs.    

In 2003 French Billionaire François Pinault took control of Gucci wich led to Gucci’s global HQ from Mayfair to Cadempino in Switzerland.

Following Gucci’s departure the building was converted back into a house under designs devised by RIBA award winning architects Donald Insall Associates, who oversaw the restoration of Windsor Castle.  Now, for the first time since its refurbishment, the mansion on Grafton Street seeks new residents.

The eight bedroom mansion is arranged over basement, lower ground, ground and four upper floors and has classical interiors, a passenger lift, gym, cinema and health club with swimming pool, plunge pool, sauna and steam room and a garage. The accommodation includes a spacious entrance hall, four grand reception rooms, family kitchen, study/home office, four VIP bedroom suites, four further staff bedrooms, staff facilities and two floors of leisure facilities. There is access to a spacious garden terrace, first floor balconies and a sun room/conservatory on the top floor. 

The entertainment and leisure facilities are located across the basement and lower ground floors. There is a gymnasium, a private cinema and a health spa with swimming pool, marble lined plunge pool, mosaic lined steam room and a Scandinavian style sauna. The basement garage offers secure parking for two cars.

The property is available to either purchase for £55,000,000 or to let for £40,000 per week. 

For further information visit: www.beauchamp.com