Private wealth manager, Trophaeum Asset Management, has agreed to acquire the freehold of 139 New Bond Street in the heart of London’s Mayfair.

The property is located in the prime pitch of New Bond Street opposite Sotheby’s. It currently provides 10,160 sq ft on basement, ground and four upper floors. Above the 1,687 sq ft ground floor retail unit, there are four floors of offices which total 6,476 sq ft and have their own separate entrance from Bloomfield Place.

Since 1966, the building has been the home of antique jewellery dealer, S J Phillips, who will remain in the building until they continue their business in new premises

Jonathan Martyr of Levy Real Estate – which advised SJ Phillips on the sale – comments: “There was tremendous interest in this unique real estate asset and it attracted attention from investors from across the world”.