Hotels & Resorts

Our client remains actively seeking similar opportunities under the following criteria: - Travelodge or similar 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 - Our client already owns 5 Travelodge's and is looking to extend his portfolio. He has already exchanged on one Travelodge with us and is currently under contract to purchase two more £1m - £15m Immediate cash purchase - no surveys or valuation required