A FINE ART INVESTMENT AT
CORNWALL TERRACE
Lethbridge House by Oakmayne Bespoke, will be London’s latest
super-prime property to launch onto the global real-estate market in September.
However, the property will not only offer the ultimate in luxury and English
heritage, but also provides the opportunity to purchase a bespoke world-class
art collection including signature originals by L.S. Lowry including The Ferry and The Barge as well as unseen works by Tony McGee and Marc Quinn with
an estimated value of over £3,000,000.
As the global economic downturn
continues to drive investment into central London’s prime and super-prime
residential market, those high-net worth investors seeking additional ways to
invest their capital are looking towards contemporary and fine art as a way to
secure a positive long term investment.
The recent announcement of
Christie’s, reporting a rise of 13 per cent of worldwide art sales reaching
over £2.2 billion during the first six months of 2012, confirms the world’s
wealthiest buyers are increasingly looking to art as a safe investment.
This rare opportunity to purchase one of London’s landmark Grade I listed
homes also boasts the most luxurious
of interiors which enjoys a world class art collection including paintings,
photographs and prints chosen specifically by fine art specialists Art Masters
Design Solutions and Argent Design.
Lethbridge House (No.20) is the
latest turn-key property to be unveiled by Oakmayne Bespoke at Cornwall
Terrace; a stunning Grade I listed home overlooking The Regents Park in London.
Dressed by Argent Design the magnificent residence will boast a collection of
world-class pieces throughout the entertaining and livings spaces which have
been selected personally by Nicola Fontanella to complement the luxurious
interior and the property’s iconic setting.
Paula Lent, Art Masters Design
Solutions, comments: “We have noticed the increasing interest of high-net worth
individuals looking to invest in alternative markets such as fine art.”
“For example, the recent sale of The Scream by Edvard Munch for close to
$120 million shows that we have to incorporate the ability for the purchaser to
either add to their collection or create an opportunity to purchase new pieces
and store them safely and securely.
“The high-net
worth purchaser of Lethbridge House will be given the exclusive chance to tour
the property with a bespoke catalogue incorporating the history and importance
of each painting or sculpture and why it has been placed in its specific
location. This will create a truly unique experience for the buyer when viewing
the property and will bring a new dimension to purchasing a ‘turn-key’ home.”
Combining modern
masters, established talents and emerging artists, the bespoke art collection
for Lethbridge House has taken inspiration from The Regent's Park, including
paintings, photographs and prints which explore the beauty of nature and the
spectacle of urban life. This handpicked collection includes The Ferry (c.
1972) and The Barge (1938) by L.S Lowry, as well as significant new works by
world renowned fashion photographer Tony McGee which are part of his new
collection capturing the dramatic natural beauty of swans in exquisite studies
of form and light set to launch at London Fashion week during September 2012.
Darren Almond
(b. 1971) and Marc Quinn (b. 1964), leading figures in contemporary British
art, are represented in the collection by two important works. Quinn's exuberant Artic Fox Grounds of
Hampstead, is typical of the artist's interest in the difference between the
'natural' and the 'cultural'. Large, colourful orchids and luscious, ripe
fruits are painted in dramatic close-up, permanently suspended in saccharine
perfection. By contrast, Almond's dark, brooding landscape Full Moon at
Hanami-Yama (2009) captures a moonlit landscape, shot with a long exposure,
creating an uncanny, ghostly vista.
The famous architect John Nash
developed the master-plan for The Regent’s Park in 1811, his protégé and fellow
architect, Decimus Burton, then oversaw the construction of Cornwall Terrace.
Cornwall Terrace was purchased by Oakmayne
Bespoke in 2008 and restored to its original grandeur, to appeal to the super
rich and aristocratic, which form the makeup of these historic townhouses.
Dating back to the 19th century, House No. 20 was the residence of Sir
Roper Lethbridge (1840-1919) who was an academic, a civil servant in India and
a politician who sat in the House of Commons from 1885 to 1892.
