THE BLACKBOOK: Royal Albert Hall?s $3M box sale offers once-in-a-generation investment potential
London’s Royal Albert Hall, photo courtesy of Harrods Estates
Luxury property agents Harrods Estates is brokering the sale of a 12-seat Grand Tier Box at London?s Royal Albert Hall.
The potential to purchase the Grand Tier Box is a once in a decade opportunity and will provide the buyer with enviable views of London?s best entertainment events, from music concerts to theatrical performances. As with a traditional property purchase, the Grand Tier Box at Royal Albert Hall will only appreciate in value over time, making the sale a sound investment for affluents looking to hold a unique piece of London real estate.
“By purchasing a debenture at the Royal Albert Hall is buying into over 150 years of British History dating back to Queen Victoria?s reign,” said Nicholas Shaw, sales manager of Harrods Estates Kensington. “As a debenture owner you will be contributing to the upkeep of the Hall, which receives no government funding, meaning its maintenance requires box and seat holders to contribute to annual costs which help to maintain its place as one of the worlds foremost and most beloved venues,? he said.
Part of Harrods Group, which includes the namesake department store and other ventures, real estate firm Harrods Estates was founded in 1897. The brokerage specializes in prime central London properties and operates a number of offices in the city.
How many [seats] it takes to fill the Albert Hall
Inaugurated by Queen Victoria in 1871, the concert...
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