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Top chefs rally to save Britain's oldest Indian restaurant from Crown Estate closure

Michelin-starred Veeraswamy faces eviction after nearly a century on Regent Street as landlord plans office conversion

Veeraswamy

The restaurant earned its first Michelin star in 2017 and remains one of Regent Street's oldest occupants alongside Hamleys and Café Royal.

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Highlights

  • Celebrity chefs including Raymond Blanc and Michel Roux demand Crown Estate reconsider closure plans.
  • Historic restaurant served royals and celebrities since 1926, won Michelin star in 2017.
  • Legal battle could extend lease by 14 years if court rules in restaurant's favour.

Britain's oldest Indian restaurant is fighting for survival as prominent chefs mount a campaign against the Crown Estate's decision to convert its historic Regent Street premises into offices.

Veeraswamy, the Michelin-starred establishment that has operated from Victory House since 1926, faces closure after the King's property company announced it would not renew the restaurant's lease. The Crown Estate wants to extend the ground floor reception area for offices on the building's upper floors.


In a letter to The Times, celebrity chefs including Raymond Blanc, Michel Roux, Michael Caines, Richard Corrigan and Cyrus Todiwala, Anthony Demetre, Tom Aikens, Phil Howard, Ben Murphy condemned the plans. The signatories called converting "such a restaurant into offices would be sacrilege, representing a profound loss, both for London's restaurant scene and for our tourism economy, which thrives on the city's unique and diverse landmarks".

The chefs urged the Crown Estate 'to act responsibly' and engage in 'meaningful dialogue' to secure the restaurant's future in its original location. "As the Crown knows, heritage cannot be relocated, nor can history be replaced," they said to The Times. Keeping Veeraswamy alive is an act of responsibility by the Crown worthy of London's reputation as one of the world's great dining and tourist cities, they added.

Legal battles ahead

Veeraswamy, owned by MW Eat, has served distinguished guests including Charlie Chaplin, Princess Anne, Mahatma Gandhi and King Abdullah of Jordan over its 98-year history.

The restaurant earned its first Michelin star in 2017 and remains one of Regent Street's oldest occupants alongside Hamleys and Café Royal.

The Crown Estate responded by stating it needs to carry out a "comprehensive refurbishment to ensure the building meets modern standards and is brought back into full use". A spokesperson told the Times the organisation has offered to help find new West End premises and provide financial compensation.

The restaurant continues trading under its protected tenancy status, which grants long-term tenants enhanced rights. A court hearing scheduled for next spring or early summer could extend Veeraswamy's lease by another 14 years if judges rule in the restaurant's favour, offering hope that London's historic dining landmark may yet survive.

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The Treasury is considering a new tax on the sale of homes worth more than £500,000 as part of a radical overhaul of stamp duty and council tax.

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Property experts urge Rachel Reeves to scrap stamp duty ahead of budget

Highlights

  • Kirstie Allsopp tells MPs that stamp duty punishes buyers and should be abolished.
  • 40 per cent of first-time buyers now face stamp duty, rising to 80 per cent in London.
  • Treasury considering annual property tax on homes worth over £500,000 as alternative.

Chancellor Rachel Reeves is facing mounting pressure to abolish stamp duty ahead of the November (26) budget, with property experts warning that the tax is stalling the housing market and damaging economic growth.

Television presenter Kirstie Allsopp, known for Channel 4's Location, Location, Location, told the Treasury committee that buyers are 'in a panic' about potential changes and many are 'sitting tight' rather than moving house.

Tim Leunig, director of economics at Public First Consulting and former adviser to several ministers including Rishi Sunak, went further. He pointed that every single person in the country is a loser from stamp duty land tax because it restricts people from moving. The people who are the biggest losers are genuinely young people because they move more often.

However, Leunig cautioned that simply abolishing stamp duty would likely drive up house prices, particularly in London. Instead, he has proposed an annual property tax on homes worth above £500,000, with a 0.54 per cent yearly levy on home value and a higher rate for properties exceeding £1 m.

The Guardian revealed in August that the Treasury is considering a new tax on the sale of homes worth more than £500,000 as part of a radical overhaul of stamp duty and council tax.

The debate comes at a critical time for the housing market, with stamp duty currently levied on property purchases above £125,000.

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