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City sources say the group has been negotiating with one of the major high street phone retail chains about a possible takeover that would establish Phones 4U as one of the two largest phone retailers in the country. ", Britains Most Expensive Home: Building for a Billionaire aired on Channel 4 at 9pm on 5 February. Man, 20, in critical condition after assault in Beckenham, UK running extra evacuation flight to rescue Britons from Sudan, Islamic State leader killed in Syria, says Turkey, The Kings Coronation Concert to feature a Union Flag-shaped stage, Warning of exceptionally low staffing levels as nurses strike, MasterChef Australia judge Jock Zonfrillo dies aged 46, a secluded Hollywood-style mansion near Hampstead Heath, County lines mum ran selfish sons drugs ring while he was in jail, Coronation allegiance oath in support of King tone deaf, Couple ordered to tear down 80,000 extension in fight with neighbours, Mum says son was too embarrassed to leave killer girlfriend. Customise cookies or read more in our Cookie Policy. Avenue Road has become a new billionaires row in recent years, attracting buyers and investors from around the world. John Caudwell's 250 million mega-mansion in London's Mayfair boasts massive gold-adorned rooms he jokes only Buckingham Palace can rival. We use cookies to give you the best online experience. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. The privately-held Caudwell Group, in which he has a majority stake, owns a mobile phone empire including the country's biggest mobile phone distribution network, repair service, accessories distributor and independent airtime provider. It also allows him to keep a watchful eye on his vintage car collection through the glass from the comfort of his extraordinary home. A dedicated philanthropist, Caudwell doesnt intend to use the property as his main residence. You can opt-out at any time by signing in to your account to manage your preferences. * Fast and affordable car lift installation services, including home and property jobs like repairs, installation, maintenance, and inspection Money can't buy happiness for John Caudwell. To see all content on The Sun, please use the Site Map. It was a matter of lateral thinking and analysing the situation, and that's what business is about - it's about analysing the things that you do and next time doing it better, faster and more profitably.". "It's a massive sadness in my life." "When I do the first charity party, maybe with 80 or 90 people in that ballroom, and we raise a load of money for Caudwell Children, I will enjoy that more than anything else I could ever do in my life," says owner John.