Kensington - All you need to know - Flipbook - Page 24
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Is parking and storage available?
Residents can rent secure underground parking spaces and storage units on 12-month
licences. We do not provide parking spaces and storage units for every resident. If no parking
and/or storage spaces are available when you buy your apartment, we will put you on a
waiting list until one becomes available.
The annual fee for a car parking space at Riverstone Kensington is £3,900 per
year per space.
The annual fee for a storage unit at Riverstone Kensington will vary depending on
size. The storage unit costs start from £988 per year. Please ask our client advisors for
more information.
Please note that our car parking spaces and storage units are not for sale or re-hire.
Valet parking services for residents only, are available at Riverstone Kensington as part of the
annual Membership Fee. We do o昀昀er visitor parking but availability will depend on how many
visitors we have on any given day. Our concierge team will assist with visitor parking but do
not provide a valet service for non residents.
We o昀昀er a regular shuttle, Monday to Friday during daytime hours for local drop o昀昀s to
public transport links, local shops, or other nearby places of interest.
There is a Club Car that can be hired by our residents on a half day or daily rental rate.
3.
Selling your apartment
What is the Deferred Fee?
We only charge the Deferred Fee when you or your representatives sell the apartment
after the original occupants are no longer living there. We refer to the original occupants
as “designated occupiers” in the lease. We take the Deferred Fee from the amount you or
your representatives receive when you sell the apartment.
We calculate the Deferred Fee as a percentage of the sale price achieved or open market
value, whichever is greater, when you sell your apartment. We do this by accruing an
