Sons & Co are the latest luxury property development company to snap up property in the heart of London’s Mayfair. Founded by the Stocker Brothers and funded by Faisal Butt and James Caan’s Hamilton Bradshaw Real Estate. The company has invested £24.25m in a property on Charles Street.
Charles House at 18B Charles Street is a Grade II listed building that is currently home to serviced offices. The Stocker brothers Alex and Christian, plan to apply for planning permission. They are going to turn the 14,000 square feet of space into four luxury apartments, each with staff accommodation. It’s estimated that the value of the project on completion will be around £50 million.
Alex Stocker the firm’s founding director commented. “Our development will provide the best in luxury living, as prime central London property continues to outperform other investments. Apartments in Mayfair are attracting huge interest from international buyers. Many of whom now choose London as their principal residence.”
Range of luxury apartments.
The company’s prior developments include a range of luxury apartments at Palace Gate. As well as the development of a new-build house in Pont St. Mews. Whilst Hamilton Bradshaw Real Estate has previously invested in companies, such as The London Management Company and Accouter Design. They are an interior design firm owned by Alec Watt.