International auction house Christie's has announced plans to close its South Kensington showroom.

The auctioneers says it is considering consolidating into one sales site in London as a result of online-only art sales growth.

That would see the flagship headquarters in King Street in St James's retained at the expense of the showroom in Old Brompton Road .

Christie's chief executive Guillaume Cerutti said: “Following our success in leading the development of online-only art sales and growing our global client base through our investments in Asia and other regions, we are considering shifting more sales into our key regional hubs and online.

A man bidding at a Christie's autction house

“This means we are now considering consolidating into one sales site in London and changing our sales offering in Amsterdam.”

The auction house goes on to say: “The current proposal is to offer a single destination to collectors in London creating a vibrant hub at the flagship King Street headquarters to offer a fuller, broader range of sales at a wider range of price levels.”

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