A prominent aparthotel on Jesmond’s Osborne Road has been acquired by a Belfast hospitality group.
Kensington House, which offers a mix of one and two-bedroom luxury apartments targeted at business travellers and tourists, has become part of The Warren Collection. An undisclosed deal means the property is now one of six operated by the Northern Irish business which has locations in its native Belfast and in Malta.
The 24 apartment building offers four types of accommodation with spaces equipped with a kitchen including fridge freezer, dishwasher, microwave, toaster and kettle, and a living area with flat-screen TV. It also has larger two-bedroom units with come with a private courtyard.
Newcastle law firm Hay & Kilner acted for The Warren Collection in the deal. Its corporate team provided legal advice, led by Georgia Whitfield and supported by Nicola Tiffen. Keith Ravenhill at Mincoffs acted for the landlord.
David Warren, managing director at The Warren Collection said: “Expanding into Newcastle was a natural step for us. The city offers a dynamic mix of business and leisure opportunities, and Jesmond’s prime location will ensure our clients are centrally located and well-connected to everything Newcastle has to offer. We look forward to welcoming guests, whether they’re in town for a short stay or on a longer-term relocation.
“Thanks to the team at Hay & Kilner for their support on this transaction. Having a North East based firm who knew the market was really beneficial for us on this deal and the service we received was excellent.’’
Georgia Whitfield, associate at Hay & Kilner, said: “We are very pleased to support The Warren Collection on acquiring Kensington House and wish them well with their debut property in England. This transaction demonstrates that the hospitality sector remains buoyant in the region and the demand for businesses continues despite the challenges around operating costs.”
The Warren Collection was founded four years ago and operates three properties in Belfast and two properties in Malta.
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View news Source: https://www.chroniclelive.co.uk/news/north-east-news/luxury-jesmond-aparthotel-kensington-house-30729264
