Backed by a loan from Grosvenor’s Tenant Investment Fund, the dynamic company is launching a Mr. Fogg’s at 34 Brook Street, Mayfair in late Spring 2022.
The new venue, close to Oxford Street, the Bond Street West Elizabeth Line station and Grosvenor’s recently approved South Molton Triangle development will host a sensational twist to this series of adventurous cocktail bars, based around the life of famed Victorian traveller, Phileas Fogg.
In a first from a UK property company, Grosvenor’s Tenant Investment Fund was established to enable businesses with new ideas and diversification strategies to expand and create jobs at a time when access to traditional bank funding is constrained.
James Raynor, CEO, Grosvenor Property UK commented:“The West End is renowned for its world class sense of occasion and fun. Inception Group’s immersive destinations are the capital’s most highly anticipated openings, and their expansion in Mayfair is a huge vote of confidence in the future of central London’s night-time economy.”
Charlie Gilkes, Founder, Inception Group, added: “’Grosvenor has been incredibly progressive in finding ways to support hospitality and retail tenants. With limited funding for new openings in the wake of the pandemic they are enabling growth and new jobs that simply not have happened were it not for the Tenant Investment Fund.”
