India Street & Minories,
City of London
Keys: 33
Tenant: Inter-continental operator
Lease terms: 10 years / IRI
Use class: Serviced Apartments (C1)
A collection of boutique serviced apartments in Tower Hill, Saxbury paired this prime City of London asset with a best-fit operator via a succinct search and selection process.
Enjoying views of some of the most iconic structures on the London skyline, these meticulously designed apartments benefit from an unbeatable location five minutes from Tower Hill Underground Station. The 33 serviced units span studios, one-bedroom and two-bedroom apartments. Each apartment enjoys air conditioning, modern appliances and considered interior design to produce a calming and sophisticated environment.
A developer and investor, the landlord had been running operations themselves. Having decided to opt for a more hands-off approach, the owner was speaking with several interested parties when Saxbury was instructed to identify further options. Following our search and selection campaign, a trusted operator offering superior terms was selected as the new custodian of the scheme.
If you are a developer or investor with a similar property and would like to know whether it would be suitable for serviced apartment use, contact our expert team.
JOURNAL
Serviced apartment news, features and thought leadership
Shaping the market means always being ahead of the curve. Collaborating with our community of business leaders, we create and collate the stories that matter. Through news, interviews and features, we provide unique insights and amplify the voices of the industry experts steering the sector.