West London Apartment’s Co-Founder, Geoff Owen, first approached Saxbury for advice as he wanted to spend more time with his family in New Zealand and retire from the business. Geoff and Nader had a great working relationship, and Nader couldn’t imagine working with another business partner. Together they decided to dispose of the business and instructed us to seek buyer interest from a niche pool of investors and operators who are active in this sector.
West London Apartments was founded in Uxbridge in 2008 by Nader Khan and Geoff Owen. The company has since expanded to cover Ealing, Chiswick and Brentford. Owen commented: "We are extremely pleased to announce our partnership with National Corporate Housing. When Nader and I were approached to talk with National, the decision to partner was easily made due to the synergy between the ethos of both companies. When you believe in being the best that you can be and then find an organisation that shares the same values and standards, the decision process is simple. WLA would like to thank Ben Davis and Saxbury for the introduction to National."
National Corporate Housing Inc. was founded in 1999 by Tom Atchison, who has been working in the hospitality and real estate businesses for a number of years. National Corporate Housing provides temporary housing throughout the United States, Canada, Asia Pacific, Europe and the Gulf region. National’s unique business model of “high touch” customer service with customized housing solutions provides a Single Source Solution® for temporary living including, furnished apartments, international serviced apartments, rental assistance services, destination services, and insurance housing. Since its establishment in 1999, National has opened 27 offices across the United States.
Tom Atchison said: "We are excited to announce an investment in West London Apartments, with their high-touch service model and their attention to product quality, we are honoured to be a part of West London's future growth. It is our intention to continue to identify UK based companies that share our values and provide them with capital to further their success."
Saxbury’s Directors have built relationships in this sector for over 20 years. If you’re considering selling your serviced apartment business, we would suggest instructing an agent early in the process. Our team can provide a realistic business valuation before approaching potential buyers or revealing your identity.