Mike Ashley, the boss of Sports Direct, is set to turn his hand to becoming a luxury property developer in one of London’s most exclusive neighbourhoods.
A luxury residential scheme in Chelsea, backed by Ashley, has moved a step closer to being developed. The Times has learnt that JLL, a property consultant, has been appointed to advise on all options for the site, known as the Clearings on Draycott Avenue.
This could include running a process to find a high-class developer to build the 78 luxury-flat scheme in a joint venture.
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