Pepys Street RTM Company Limited

News Archive

Decoration and Carpets - 2008

The property is now in its sixth year and as is usual for one of this age and quality it is time to redecorate the common internal areas. The directors have therefore decided to have all corridors and the reception area redecorated and this commenced on 28 January 2008. The work is expected to last for approximately eight weeks.

In addition, the original low quality carpets on floors 1 to 8 are wearing very badly in places and need replacing. In order to maintain the high quality of the property it is planned to re-carpet floors 1 to 8 using a heavy contract carpet that has a 10 year guarantee. After looking at various samples a final choice has now been made.

Having obtained three quotations for the redecoration and carpet replacement the directors made their choice on the basis of quality of work, quality of product being used and recommendation. The cost for redecoration will be £11,260 and the recarpeting will be £13,630.

Mariner House

Leaseholders may be aware that Mariner House, adjacent to the west side of 1 Pepys Street and previously owned by HSBC, has been purchased by City Inn Limited who already have a hotel in Westminster and others in cities round the UK. The site is being redeveloped by City Inn for another four star hotel and it is generally felt that the new building will be a big improvement on the 1960's building currently on the site.

Demolition was due to commence on 2 July 2007 but due to legal issues with the new owner of 10 Trinity Square there was a delay. The old Port of London Authority building at 10 Trinity Square and currently being used by Willis Consulting is due to be converted into a six star hotel by US property tycoon Stan Thomas when Willis move into their new building being built opposite the Lloyds building.

City Inn Limited decided to proceed with demolition in January 2008 despite the dispute with the new owners of 10 Trinity Square not yet being resolved. The appeal hearing eventually ruled in favour of City Inn.

Service Charge Expenditure - year ending 31 December

One Pepys Street Management Company - 2005  2006  2007

Pepys Street RTM Company - 2007

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