Hong Kong millionaire buys £10.75m private residence at Corinthia London
A multi-millionaire from Hong Kong has acquired the four-bedroom, top floor residence Corinthia Hotel London: Private Residences at 10 Whitehall Place for £10.75m.
The new 3,703 sq ft trophy home at the unnamed buyer’s ‘favourite hotel in London’ comes with access to 24/7 room service, the ESPA spa, The Northall Bar, Tom Kerridge’s Restaurant as well as the lounges at the adjoining five-star hotel.
After looking at other residences in Mayfair to buy before learning that the site was for sale, the couple agreed to buy the site within 72 hours.
Stamp Duty on the deal was £1.2 million.
The apartment is one of 11 at 10 Whitehall Place, which previously houses the Ministry for agriculture, Food and Fishereries.
As part of the purchase, the hotel agreed for the residence to be fitted with Hypnos mattresses, bed linen and throws used at Corinthia London, rather than the bespoke dressing that had been installed.
The four bedrooms, two reception rooms and four bathrooms have been designed by Goddard Littlefair.
Simon Deen, director & partner at Aston Chase says: “The Corinthia Hotel Private Residences purchase is the biggest deal in Whitehall in the last five years.
The deal equates to a price of just under £3,000 per sqft, compared to other high-end developments in Mayfair the couple looked at which were priced at around £7,000 per sqft.”
Deen adds: “Hong Kong buyers want homes with pristine, brand new interiors, but they also love British history so properties like the Corinthia Hotel which have an illustrious history, room service and uniformed staff really appeal to them.”