Derby-based serviced apartment provider The Stay Company has snapped up another site for its portfolio.
The development in Gedling, Nottinghamshire, is called Phoenix Court and has nine serviced apartments, both one and two bedroom options and each with with private off-street parking.
This new acquisition takes the total number of apartments to over 100 located across several sites in Derbyshire and Nottinghamshire.
Director Dan Wilkinson - who claims the new units provide a home-from-home experience, says: “It is clear there is a growing demand for affordable, extended stay accommodation in and around the East Midlands. Phoenix Court presented us with the perfect opportunity to expand beyond our Derby and Nottingham city centre presences and grow our quality brand.”
Facilities include EV charging, private Wi-Fi, kitchens, living rooms and workspaces. There’s also professional housekeeping and 24-hour phone support.
In October 2022, The Stay Company launched Whitefriars in Nottingham city centre, a £2m development providing serviced apartments for corporate and leisure guests just off Nottingham’s Old Market Square.
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