Wanted Deal #2932

Hotels & Resorts

United Kingdom
United Kingdom
Budget
£2–5M
Requested by
Broker
Investment criteria
Target yield
7%+
Lease terms
Single tenant
Description
We are working closely with a particularly active client who has purchased a number of hotels from us recently and is aggressively looking for more. - Hotels (C1) - existing hotel investments nationwide - Travelodge covenant ONLY - 2 or 3 star hotels - opportunities should be long let on robust leases (c.15 years plus) - must have a minimum of a 7% yield