Less than six months after holding its first auction in its Pall Mall home, Stanley Gibbons’ The Fine Art Auction Group (TEFAAG) has left the central London premises and is in the process of selling the lease, writes Laura Chesters.
The three floors at 16-17 Pall Mall were originally leased to host auctions and act as a shop window for TEFAAG’s two flagship firms: Dreweatts & Bloomsbury and furniture dealer Mallett. However, earlier this summer property agent Levy Real Estate was instructed to re-let the unit and a retail fashion brand is in talks to take over the lease and occupy the premises.