Mayfair mews pays out for property mogul

VINCENT Tchenguiz, the property tycoon wrapped up in a legal battle with the Serious Fraud Office (SFO) has had one piece of good news of late – the mogul has sold his Mayfair home for almost £17m.

The eight-bedroom property on Lees Place in Mayfair is close to Annabel’s private members club and only five minutes walk from seafood restaurant Scott’s, the scene of the now infamous Nigella Lawson and Charles Saatchi row.

“I wasn’t actively looking for a buyer. However, I was approached with a very attractive offer” Tchenguiz has said.

No doubt he will be saving some of those pennies for legal fees, when his case against the SFO is heard next year.