Serviced apartments firm brings century up with new Notts venue

Derby-based serviced apartment provider The Stay Company has added another site to its property portfolio.

The business, which has its HQ in Friar Gate, has secured the lease on a new, purpose-built block in Nottinghamshire.

The development in Gedling, called Phoenix Court, includes nine one- and two-bedroom serviced apartments.

This new acquisition by The Stay Company takes the total number of apartments it has over the 100 mark, across several sites in Derbyshire and Nottinghamshire.

Dan Wilkinson, director of The Stay Company, said: “It is clear there is a growing demand for affordable, extended stay accommodation in and around the East Midlands.

“This latest addition in Nottinghamshire reflects this strong growth and expansion of businesses across the East Midlands. We believe the site in Gedling complements our other offerings perfectly, adding to Whitefriars House in Nottingham city centre and Devonshire Court in West Bridgford.

“It is so rewarding to be able to grow the number of serviced apartments that we can offer our clients. Extending our portfolio across the East Midlands has been our plan for some time.

“Phoenix Court presented us with the perfect opportunity to expand beyond our Derby and Nottingham city centre presences and grow our quality brand. Busy times are certainly ahead for The Stay Company.”