Sunday 23 April 2023

A 17th-century mansion that once housed JP Morgan and Napoleon Bonaparte's brothers is on sale for $93 million. Take a look inside.

Denham Palace
Denham Place is in Buckinghamshire, England.
  • A 17th-century mansion that the banker JP Morgan once called home is on sale for $93 million.
  • Denham Place, built in the 1600s, was put on the market by a former cosmetics tycoon.
  • It was also reportedly used as a location for some James Bond films.
A 12-bedroom mansion near London has gone on the market for £75 million, or around $93 million.
Denham Palace
Denham Place, a 43-acre residence, was put up for sale after an eight-year restoration process.
Denham Palace

It was built between 1688 and 1701, per Rightmove. It's set in 43 acres of parkland that was designed by 18th-century landscape architect Lancelot "Capability" Brown. The building is Grade-I listed.

It's being sold by Mike Jatania, a multimillionaire cosmetics tycoon who made about $200 million when he sold Lornamead a decade ago.
Denham Palace

Source: Bloomberg

"In central London, the likes of Ken Griffin and other hedge fund managers have bought properties, so I'm sure the Americans will look at it," Jatania told Bloomberg. "There's also been a lot of wealth created in the Middle East recently, and we know families there have a tradition of owning London homes."

 

Jatania bought the home from British American Tobacco in 2000 for a reported £20 million ($25 million), per the Guardian. The company had used the site for office space.
Denham Palace

Source: The Guardian

 

The home has only had seven owners over its history, per Bloomberg. One of its most famous occupants was the banker JP Morgan, the founder of what is now America's biggest bank, JPMorgan Chase.
Denham Palace
Morgan rented the home in the late 19th century. His son made updates to the property in the early 1900s.
Denham Palace

Source: Knight Frank

The home was also the residence of the James Bond film franchise coproducer Harry Saltzman.
Denham Palace

Beauchamp Estates, one of the three agents marketing the home, said the home was used to film some James Bond scenes, per The Guardian.

Even some members of the Bonaparte family dynasty lived in the home for a period.
Denham Palace

Between 1834 and 1844, the home was occupied by Napoleon Bonaparte's brothers, the exiled former King of Naples and Sicily, King Joseph-Napoleon Bonaparte, along with the Prince of Montfort and King of Westphalia, Jerome-Napoleon Bonaparte, per Tatler.

The home has 12 bedrooms and bathrooms, 14 reception rooms, and a gym. Its cinema and gym room both have a James Bond theme.
Denham Palace
The wider estate is contained within Grade-II listed parkland and woodland, with a formal sunken garden, walled garden, meadow, orchard, and lake.
Denham Palace
The prospective new owner could also take advantage of planning consent for a health spa and swimming pool.
Denham Palace
Read the original article on Business Insider


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