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
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
Related
About this article
You’re currently reading “Finance for Hotel Investment - Long Lease to Undoubted Covenant (1545),” an entry on finance.redchilli.com
- Published:
- Thursday, November 20th, 2008 at 8:47 pm
- Author:
- rcadmin
- Category:
- Senior Debt Requirements
- Tags:
- home counties, hotel, investment, investor, owner occupied
News Sections
- FAQs (25)
- Finance News (20)
- Market Place (31)
- Developments (19)
- Investments (14)
- Press Releases (17)
- Recent Deals (8)
- Commercial Mortgages (3)
- Development Finance (1)
- European Finance (5)
- Real Estate Investment (5)
- UK Property Finance (2)
No comments
Jump to comment form | comments rss | trackback uri