Finance for Hotel Investment - Long Lease to Undoubted Covenant (1545)

Hotel located in the home counties and has a good track record. Currently owner occupied. Our clients are looking to purchase the building and simultaneously put a very strong covenant in place to take a 20 year FRI lease linked to RPI. Seeking senior debt 70% LTV.

Key Points

  • Located in the home counties
  • Value c. £3.5m
  • Good operational track record
  • Strong Covenant
  • 70% LTV

Requirement

Max LTV against a strong covenant

Contact Details

Please contact Tim Mycock or Bernard Frazer on 0845 210 5000 to discuss further or by email at tim@redchilli.com or bernard@redchilli.com

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