The Churchill Hotel

              

The Hyatt Regency London 

The Churchill,
30 Portman Square, Marble Arch, London W1H 7BH       

The Churchill 5 Star - Rooms 445

• PL2L is dealing direct to the Owner’s personal Assistant who has the authority to sell the Hotel on his behalf.
• Clients needs to show a letter outlining their profile and proof of funding then I am then in a position to arrange a meeting face to face with the owner’s representative.
• Available - copy ownership details hotel lease and accounts.
• The hotel has just completed the last phase of a major top to bottom refurbishment programme costing £40,000,000
• Tenure, 60 years of the Head Lease left. (A longer period of lease is available for negotiations)
• A nominal rent of just £7,000 per annum
• At present there is a management contract under Hyatt Group with 7 years remaining (They would like a longer contract)
• Purchase Price £285,000,000 No lower offers will be accepted.
• The head lease is held in a SPV in Jersey which would be sold to the buyer free of any liabilities
• The SPV accounts would be made available during the due diligence period.
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