Aparthotel-Style London Flat Goes On Market For £11.25m

A top floor flat at The Corinthia Residences, Whitehall Place SW1A, has been put on the market for £11.25m.

The 3,700 sq.ft. lateral property comprises four bedrooms, two reception rooms and four bathrooms. As well as being self-contained with its own private entrance the property includes 24/7 five star hotel room service and direct internal access to the spa, restaurants, cocktail bars and lounges of the adjoining Corinthia Hotel.

The building was originally constructed as a hotel in 1885. Between 1936-2007 it served as the Air Ministry and then the Ministry of Defence. It underwent extensive refurbishment in 2011 before reopening as what is described as ‘London’s 21st Century Grand Hotel.’ The flat is one of 12 so-called ultra-prime residences within the building.

The buyer must also pay an annual service charge of £40,000.

While the property may be one of the most expensive such properties in London (although asking prices of these kinds of properties are often not disclosed) it is by no means unusual. It is becoming increasingly common for affluent visitors and even residents to opt for properties which offer self-contained living with hotel style facilities and service.

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Source London Loves Business
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