Cheniston Gardens
Kensington


Keys: 11


Tenant: Established serviced apartment operator


Lease terms: 5 years/ IRI


Use class: Serviced apartments (C3)


Just moments from High Street Kensington, Saxbury secured a long-term operator for this boutique collection of 11 serviced apartments on behalf of a returning client.

Occupying an attractive stucco-fronted period building, this collection of recently refurbished studio and one-bedroom apartments and duplexes places business and leisure travellers in one of London's most sought-after neighbourhoods. With High Street Kensington's shops, restaurants and transport connections just a short walk away, the property is ideally positioned for extended stays in the capital.

Having previously represented the landlord, Saxbury was instructed once again following the expiry of the former operator's lease. Recognising the strength of the location and the quality of the refurbishment, we launched a targeted two-week campaign to identify an established serviced apartment operator capable of delivering long-term value. This resulted in a new five-year, index-linked lease, securing continued income for the landlord on market terms.

Suited to both corporate and leisure guests, the building has been refurbished to a high standard throughout, with contemporary kitchens featuring NEFF appliances, air conditioning and private balconies to selected apartments.

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.