£161,000 for 20 days? Nick Candy bemoans One Hyde Park service charge

Billionaire developer jokes he in fact spends no time at penthouse with record-breaking £175m asking priceThe billionaire British property developer Nick Candy has said he only spends about 20 days a year in his £175m penthouse flat at One Hyde Park in London.Candy, 51, who developed the “superluxe” Knightsbridge apartment building overlooking the royal park and acquired one of the flats for himself, said it irritated him that he was paying service charges of up to £161,000 a year (or £3,000 a week) when he was rarely there. The development has a private cinema, 21-metre lap pool, as well as sauna, gym, golf simulator, wine cellar, valet service and room service from the five-star Mandarin Oriental hotel next door. Continue reading...

May 25, 2024 - 13:30
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£161,000 for 20 days? Nick Candy bemoans One Hyde Park service charge

Billionaire developer jokes he in fact spends no time at penthouse with record-breaking £175m asking price

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

Candy, 51, who developed the “superluxe” Knightsbridge apartment building overlooking the royal park and acquired one of the flats for himself, said it irritated him that he was paying service charges of up to £161,000 a year (or £3,000 a week) when he was rarely there. The development has a private cinema, 21-metre lap pool, as well as sauna, gym, golf simulator, wine cellar, valet service and room service from the five-star Mandarin Oriental hotel next door. Continue reading...

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