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The Guardian - UK
The Guardian - UK
National
Rupert Neate Wealth correspondent

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

A cyclist passes the One Hyde Park, residential and retail complex in Knightsbridge, London, U.K., on Tuesday, May 12, 2020.
Nick Candy, 51, who developed the ‘superluxe’ apartment building overlooking the royal park in London, acquired one of the flats for himself. Photograph: Bloomberg/Getty Images

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.

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