Wells Court,
Hampstead
Keys: 27
Tenant: QIG
Lease terms: 5 years / IRI
Use class: Residential C3
An unbroken collection of fully furnished apartments in the heart of Hampstead, for which Saxbury sourced a renowned corporate housing operator.
On a flagstone passage presided over by an ancient oak tree, this heritage block sits in one of the city’s most sought-after neighbourhoods. Set on a quiet lane in the centre of Hampstead, Wells Court enjoys an iconic location with seamless access to central London.
Behind a brick façade with contrasting white window pediments, 27 fully furnished units range from one-bedroom apartments to spacious penthouses. FOH/BOH amenities include a lift, gym and concierge suite. The building has keyless front door entry, individual out-of-hours key card collection safes and hotel-style proximity card locks on the apartments’ doors. Alongside excellent connectivity, the apartments additionally benefit from an array of locally renowned pubs, world-class restaurants and the lawns and lakes of Hampstead Heath.
While the new owners of Wells Court were in the process of buying, Saxbury were instructed to search for an operator. Working closely with our client, the Saxbury team homed in on the top flight of long-established operators. Managing a selective operator search campaign, Saxbury obtained terms and deftly negotiated a 5 year lease agreement with a renowned corporate housing operator, coinciding with completion of sale to successfully ensure no voids.
TESTIMONIAL
“This is an exciting deal for us. Wells Court is a truly unique asset in that location, and Saxbury played a key role in sourcing a top tier operator such as QIG. We’d like to thank them for getting the lease agreement over the line in time for the full completion.”
- Ophir Salomon,
CIO of Unity Group
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.
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