High end Russian jeweller Maxim Voznesensky is to open its first store in the UK in London’s prestigious Old Bond Street in London’s West End, after being advised by DE & J Levy.

The luxury retailer has taken an 18 year lease on the store at 44 Old Bond Street, directly opposite Dolce & Gabanna and Alexander McQueen and close to other international luxury brands including Cartier, Gucci and Omega.

The London store comprises a ground floor sales area of 249 sq ft and a 466 sq ft basement. Maxim Voznesensky secured the much sought after property after paying a premium in excess of £1 million. The rent will be £225,000 pa.

The brand originally launched as Jewellery Theatre in Russia in 1998 after being set up by Irina Dorofeyeva and Maxim Voznesensky. It currently has a store in Moscow.

DE & J Levy acted for Maxim Voznesensky. Farebrother acted for the private landlord.

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