In 1932 with growing unease in Europe and rumours about what might be ahead, the decision was taken to lower the entrance fee from 20 guineas down to 10 guineas. In the mid Second World War years of 1941-1942, the entrance fee was in fact temporarily suspended.

During the war 56 club members served their country in the armed forces. The club suffered minor damage inflicted by two air raids. The wine cellars did receive a slightly greater loss of 360 Bottles of 1927 Vintage Port, 300  Bottles of 1929 Bollinger and 60 Bottles of Veuve Clicquot  N.V. Compensation was eventually paid but not at the increased market price after the war.

In the early 1990’s The Gresham Club closed and taken over and refurbished (by CCA) with a soft opening in July 1994 and the grand opening in September 1994.

The building is Grade II listed and comprises of 14,000 square feet spread across 7 floors.

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