An Asian tycoon has snapped up a mega-penthouse on Oxford Avenue for £21.4 million so he and his spouse can have a ‘London pied-a-terre’ after they entertain mates in Chinatown. 

The sale of the massive dwelling, which includes of seven penthouses and personal terraces, is the biggest single residential property buy by worth on Oxford Avenue this yr.

The billionaire, whose identification has not been disclosed, is a high-net-worth man from Asia and bought the ‘mega-penthouse’ due to a want to have a London ‘pied-a-terre’ within the West Finish.

He opted for the £140 million residential-led improvement, named TCRW SOHO, as a result of when his household are in London, they ‘do plenty of entertaining in close by Chinatown’.  

The customer intends to create both a single massive penthouse for his household or to mix the penthouses into two items to permit house for visitor lodging.

If he opts for the previous, the property inside would grow to be one of many West Finish’s largest and most excellent penthouses, offering 7,200 sqft of indoor house with a further 1,000 sqft of personal terraces.

The penthouse would additionally supply a number of reception rooms, as much as eight VIP bed room suites, a house cinema, library and train studio.  

The TCRW SOHO development, being constructed by Galliard Homes, is a £140 million residential-led development in London's Oxford Street

The TCRW SOHO improvement, being constructed by Galliard Houses, is a £140 million residential-led improvement in London’s Oxford Avenue

If converted into a single mega-penthouse, the property would be one of the largest and most outstanding in the West End

If transformed right into a single mega-penthouse, the property can be one of many largest and most excellent within the West Finish

A view of a living area within a penthouse inside TCRW SOHO, which is not due for completion until the first quarter of 2023

A view of a dwelling space inside a penthouse inside TCRW SOHO, which isn’t due for completion till the primary quarter of 2023

A living and kitchen area inside a penthouse, which would be a short walk away from a number of London Underground stations

A dwelling and kitchen space inside a penthouse, which might be a brief stroll away from various London Underground stations

All apartments within the development come with a bespoke entertainment unit is equipped with an OLED Smart TV

All residences throughout the improvement include a bespoke leisure unit is provided with an OLED Good TV

A bedroom within the development accompanied by a balcony looking over the heart of Oxford Street in London's West End

A bed room throughout the improvement accompanied by a balcony wanting over the guts of Oxford Avenue in London’s West Finish

The TCRW SOHO penthouse deal is the biggest single residential property sale by value to be done on London’s Oxford Street during 2021

The TCRW SOHO penthouse deal is the largest single residential property sale by worth to be accomplished on London’s Oxford Avenue throughout 2021

The seven penthouses are accompanied by an additional 1,000 sqft of space in the form of private terraces that wrap around the bulilding

The seven penthouses are accompanied by a further 1,000 sqft of house within the type of personal terraces that wrap across the bulilding

The £21.4m TCRW SOHO, developed by Galliard Houses, was unveiled on the finish of 2019 and can present 92 residences and 9,939sqft of retail house.

The event includes of two buildings, one is artwork deco in model offering 69 residences and a 7,989 sqft Oxford Avenue retail unit, whereas the opposite can be Georgian-inspired in model, offering 23 residences and 1,950 sqft of latest retail lodging and kiosks.

It’s presently scheduled for completion within the first quarter of 2023. 

TCRW SOHO  is described as being impressed by hotel-style dwelling and can deal with its residents to a ‘lifetime of luxurious’.

Every property consists of toilet expertise, state-of-the-art built-in kitchen home equipment and a bespoke leisure unit that comes geared up with an OLED Good TV.     

David Galman, gross sales director at Galliard Houses says: ‘This landmark penthouse deal, the largest sale on Oxford Avenue throughout 2021, underlines how Soho and Oxford Avenue have gotten one in all Prime Central London’s most wanted residential addresses.

It is understood that the buyer intends to combine the purchased units to create either one or two large penthouses

It’s understood that the customer intends to mix the bought items to create both one or two massive penthouses

The mega-penthouse would provide almost 7,220 sqft of luxurious living space complete with over 1,000 sqft of private wrap around terraces

The mega-penthouse would offer nearly 7,220 sqft of luxurious dwelling house full with over 1,000 sqft of personal wrap round terraces

Every property in the TCRW development comes equipped with Geberit AquaClean bathroom technology

Each property within the TCRW improvement comes geared up with Geberit AquaClean toilet expertise

The sale of the property is one of the largest residential sales to be achieved in London’s West End this year

The sale of the property is without doubt one of the largest residential gross sales to be achieved in London’s West Finish this yr

The new development will also provide 9,939sqft of retail space for a new unit in the prestigious Oxford Street

The brand new improvement will even present 9,939sqft of retail house for a brand new unit within the prestigious Oxford Avenue

The combined mega-penthouse would offer several large reception rooms, up to 8 VIP bedroom suites, home cinema, library and an exercise studio

The mixed mega-penthouse would supply a number of massive reception rooms, as much as 8 VIP bed room suites, dwelling cinema, library and an train studio

TCRW SOHO will be perfectly positioned for easy, effortless access to the rest of the capital, and with the new Crossrail Interchange practically on the doorstep

TCRW SOHO can be completely positioned for straightforward, easy entry to the remainder of the capital, and with the brand new Crossrail Interchange virtually on the doorstep

‘Pedestrianisation, Crossrail and Electrical automobiles are the three ‘sport changers’ which can make the West Finish a cleaner, a lot much less congested and quieter place to reside.’

Waleed Mohammed, founder & director of Retailers Row says: ‘Retailers Row are delighted to have launched the customer for this main penthouse deal at TCRW SOHO.

‘Our shopper appreciated the Prime Central London location of TCRW SOHO and was drawn to the event by the distinctive alternative to purchase off-plan and reconfigure the items right into a bespoke residence or residences.

‘The top quality of this flagship Galliard improvement and the specification by Argent Design make this probably the greatest residential alternatives within the West Finish.’