£161,000 for 20 days? Nick Candy regrets One Hyde Park service charge | London

Billionaire British property developer Nick Candy has said he only spends about 20 days a year at his £175m penthouse in One Hyde Park in London.

Candy, 51, who developed the “super-luxury” Knightsbridge apartment building overlooking the Royal Park and bought one of the apartments for himself, said he chafed at having to pay service charges of up to £161,000 a year (or £ 3,000 a week). her when she was rarely there. The development features a private cinema, 21-metre lap pool, plus a sauna, gym, golf simulator, wine cellar, valet parking and room service from the five-star Mandarin Oriental hotel next door.

“I have a penthouse… and I’m there about 20 days a year, and I pay the service charge (as) the guy who uses the pool every day,” Candy said during a discussion about underused luxury properties in London. at a wealth management conference at the Savoy Hotel in London.

When asked by The Guardian why he spent so few days a year in the apartment, which occupies the top two floors of the development’s B block, he said he was being frivolous and no longer lived in the attic as he spent most of his time. . in a £75million mansion in Chelsea, which he shares with his wife, the singer and actress Holly Valance.

Nick Candy said he spent most of his time at a £75million Chelsea mansion he shares with his wife, Holly Valance. Photograph: Ricky Vigil/Getty Images

“I don’t live in that apartment anymore, I live in Chelsea,” Candy said at Spear’s 500 Live event on Thursday. “She was joking. The penthouse at One Hyde Park is empty. I do not live there”.

Candy said the penthouse was “on the market for £175 million”, adding that he thought estate agent George Azar, chairman and chief executive of Sotheby’s International Realty, would achieve a sale “close to that figure”.

The 1,672-square-meter (18,000-square-foot) apartment is on sale since April 2021.

If it sells for close to the asking price of £175 million, it will become the most expensive apartment ever sold in the UK. The record is held by the penthouse next door in Block A, which sold for £140 million in 2014. In 2011, Ukraine’s richest person, Rinat Akhmetov, bought another apartment in the development for £136.4 million. pounds.

The most expensive property ever sold in the UK is £210m for Rutland Gate, a 45-bedroom “private palace” located a five-minute walk from One Hyde Park.

Candy’s penthouse has five bedrooms and eight bathrooms, two wine cellars and “wraparound terraces.” The Sotheby’s listing describes it as “one of London’s finest residential property assets, offering unparalleled lateral living space, in a prime Knightsbridge location, with uninterrupted views of Hyde Park.

“The double-height formal reception with 27-foot-high ceilings serves as the main entertaining space, adorned with a magnificent glass fireplace and offering uninterrupted views and abundant natural light.” There is also a Japanese-inspired kitchen with “forest granite countertops and floors.”

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The master bedroom is 2,300 square feet and features “twin bathrooms with Jacuzzi-style jet pools and spacious walk-in closets.” There are four further en-suite bedrooms and two further guest bathrooms.

There is also a cocktail bar, pool table, home cinema, two studios, a private spa and a gym with state-of-the-art equipment.

The buyer would also get “four secure underground parking spaces, four storage units, two secondary/staff entrances and a separate staff suite.”

The listing does not indicate the service charge associated with the apartment. Sotheby’s did not respond to questions about the charge, which had previously been reported to be £161,000.

Valance, who rose to fame with Neighbors and her 2002 hit Kiss Kiss, married Candy in 2012. Next month she will co-host a $100,000-per-couple fundraiser in London for Donald Trump’s presidential bid.