54 Bed Hotel (5 Year Lease Agreement) Boston PE20

54 Bed HOTEL in BOSTON……..NEW INSTRUCTION HOTEL BUSSINESS OPPORTUNIY 

LATEST NEWS … 16th January 2025

Landlord Terms:

The landlord is offering a new 5 Year Lease agreement to take over the running and management of this Hotel

Rental Required from new leaseholder would be £24,300 Per Month 

Deposit Required = 3 months in advance = £72,900

Broker Fee: £3,600

Ingoing = £76,500

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Documents / Information Required …

Details … please provide information about yourself, experience in the hotel / hospitality sector

Are you an existing operator  ?

Company or Individual … Please provide full details

2 Forms of ID (Driving License & Passport)

Reference from your current Landlord / Employer (Rent paid on time / good tenants)

Copy of Company Accounts

Process: (reservation deposit required)

• Referencing will be carried out
• Upon completion and approval, the draft of contract will be sent

Initial Term 5 Year Lease offered / longer period to be negotiated

The process may take a couple of weeks to assess each candidate as we carry out referencing and due diligence checks.

Sale Process: 

If you are interested in this particular property then please contact us with an offer in writing (WhatsApp: +447971952379 or email info@stevegoodhand.co.uk

We will require Proof of Funds for deposit, copy of mortgage offer / DIP. Two forms of ID (Passport and Driving Licence) Proof of address (utility bill or council tax) Contact details for your solicitors (Name of case hander and email address) 

If buying in a UK Limited Company then we also require full details and Company Registration Number.

Please Note: Anti Money Laundering (AML) Checks will be carried out at the appropriate time.