Developers of Admiralty Arch are marketing a 12-bed 12-bath serviced apartment amongst super rich potential buyers for a record £150 million, which would create the largest serviced residence apartment in London.

Spanish developer Rafael Serrano bought a 250-year lease for a reported £60 million in 2012, and is offering buyers one huge apartment or will split it into up to four separate flats. The rest of the site will become a 100-bedroom luxury hotel, run by one of the 12 international hotel groups currently vying for it.

The apartment will have access to private off-road valet parking, a private lift, 24-hour concierge and lifetime membership to a private members’ club.

Richard Cutt, head of London super-prime at agents Knight Frank, said: “This could be one huge residence that will be one of the grandest and finest serviced apartments in the world.”

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