Richard Caring’s Caprice Group has acquired yet another plum Mayfair spot – formerly the site of the “plush” and “consistent” (if not spectacular) Cantonese and dim sum parlour Princess Garden. The site, on North Audley Street, sits opposite Roka and is equidistant between Bond Street and Marble Arch tube stations, just a stone’s throw from Hyde Park.

The tycoon’s latest project will feature a 120-cover restaurant, expected to open in summer 2016.

Caprice Holdings has been on something of a roll of late. Sexy Fish, which opened on Mayfair’s Berkeley Square late last year with its Pacific Rim-inspired menu, was an instant dahling of London’s media (AA Gill and Grace Dent both loved it), as well as the usual models and celebs (who presumably go to look at the food rather than eat it).

And then there’s the continuing expansion of the Ivy brand. Following a relaunch for the Covent Garden mothership last year, and the arrival of the Ivy Chelsea Garden, Ivy Market Grill, Ivy Café and Ivy Kensington Brasserie (pictured) – two further Ivy Cafés are planned for this summer in Wimbledon (1 June) and St John’s Wood (22 June).