LATEST NEWS — March 5, 2013 at 10:59 am

THE INTREPID FOX – Sold To Property Developers

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intrepid fox 180x153 THE INTREPID FOX – Sold To Property Developers photo

Back in September of  2006, The Intrepid Fox in Wardour Street, which counted film stars and some of the biggest names in rock amongst its customers was closed down to make way for flats after being sold to property developers, Owner Mitchells & Butlers.

Less than three months later, in December 2006, The Intrepid Fox Mk2 opened it’s doors at its new St. Giles High Street home, two minutes from Tottenham Court Road Tube. Manager of 15 years, Patrick Begent commented that he had big plans for the venue in its new location and that “We’re doing it all ourselves”.

News was received today that The Intrepid Fox has been sold again, to property developers. It was reported that the deal was agreed over a meal at West End club, The Ivy, between Almacantar and fellow multi millionaire property developer, Laurence Kirschel.

Almacantar, run by Birmingham property tycoon Mike Hussey, has upped it’s West End interests in the last twelve months. One of it’s major enterprises is London’s Center Point, a stones throw from The Intrepid Fox. Almacantar want to turn the tower into 82 new apartments.

Developer Laurence Kirschel proposed plans in 2006 to radically transform London’s Charing Cross Road with a music-led mixed-use scheme. Kirschel’s company, Consolidated Developments, submitted plans for a British centre of musical excellence, which was proposed to include a 2,000-seat venue at a St Giles Circus site in the West End.

Consolidated had a two-phase development plan for the area. Phase one involves turning Denmark Street back into a music destination, whereby current non musical tenants would be replaced by music stores. Phase two involves a concert venue.

Kirschel told Property Week in December 2006: ‘We are looking to give British music a home again and for this area to be an exhibition of music. We’re going to lose a live venue when the Astoria closes and no new live venues have been built in London since the war.’ A  January announcement indicated plans were ready to rock n roll for London’s Tin Pan Alley, with Vantage Realty stating that the mixed-use scheme at St Giles Circus features an interactive gallery, underground venue and street revamp.”

Consolidated Developments were responsible for rehousing The Intrepid Fox to it’s current location.

Crossrail and a series of other major redevelopers are primed to transform the St Giles Circus area at the eastern end of Oxford Street, WC1 into the equivalent of New York’s Times Square. The new developments will add more than one million sq ft of mixed-use space, including almost 350,000 sq ft of shops.

The Intrepid Fox lies within this boundary of development.

Back in 2006, Begent was proof that surviving a change of location is possible however, promising,

“You CAN find new venues and keep the spirit alive!”

The Intrepid Fox was founded by Whig leader Charles James Fox in 1784 who promised to give free beer to anyone who offered him electoral support.

A response to a request for a statement has yet to be received by Almacantar and Consolidated Developments.

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