Life on London's most expensive street right next to the King's closest Marks and Spencer
Published date | 17 April 2024 |
Publication title | MyLondon (England) |
He said the news that the street is Britain's most expensive was a surprise. The 86-year-old said: "I didn't expect that. I would have assumed it would have been somewhere in Chelsea, or Knightsbridge, or even in the City." But I'm very happy here. It's easy to get everywhere, particularly convenient when coming home after the theatre. It's very quiet at night, there's no traffic. And there's a new Marks and Spencer around the corner, which is great."
"Things are also better since they started closing the road for the Changing of the Guard. Now, we don't have 20 tourist buses here like we used to, so that's an improvement."
Buckingham Gate was identified as Britain's most expensive street by Rightmove. It said properties sell for an average of just shy of £10m -£7m more than the cheapest street outside London.
The next highest average asking price was found in Vicarage Gate in Holland Park in west London, at £6.3m. Qasim Ziea, 32, owns Prime Dry Cleaners. The business has been in his family since 2007.
He said Buckingham Gate was "a perfect location business-wise". Qasim said: "It's so central and close to everything famous in London."
"In terms of clients, we get people who work at the palace, like butlers, or soldiers who live at Wellington Barracks. We also get some well-off customers from the nearby hotels, and we've had a few famous clients, such as Rishi Sunak back when he was Chancellor."
Qasim added that his family are "very happy" about the skyrocketing prices -and they are often asked to sell. He said: "It was expensive at the time, but prices have obviously more than doubled since then."
"We often have people approaching us to buy the building the most recent wanted to build flats. But it's our business and we love it, so we're hanging on to it."
Prasanna Callaghan owns Crumpets Cafe -which he...
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