The Elephant & Castle's best customer, Johnny Ronan, has That investment works out at a yield of no more than 4.2 per cent, a return you'd expect on Grafton Street, but not in the Bohemian quarter. Still, Mr Ronan is assured of his window seat for life, together with a handy parking space at the rear for his jeep. The very generous price, together with another £3.5 million which the Corpo paid for the 54 rundown flats overhead will be a nice Christmas bonus for Sir Robert and Lady Goff-Davis, who have moved to the gentler tax regime of the Isle of Man.