Property Details

NEWLY BUILT HOTEL FOR LEASE AT IGANGA MUNICIPALITY - Iganga

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For Lease 3,500 USD - Hotels
50 DECIMALS50 Bedrooms50 Bathrooms  Add to Favorites Print

The property is located in a prime, relatively busy, and visible area. New, High Quality, Very spacious rooms, Sound Proof windows and much more.. We are looking for a successful hotel chain / Hotel Management with a reputable name in Uganda, East Africa to take up our new facility located in Iganga Municipality. Our client is based abroad. The new company can rebrand the facility to match their other hotels. Any fine completion details can be agreed on with the owner without any expenses from the lessee.

The property has a large reception area, A lobby / Dining Area, a Spacious Kitchen, Worker Clock rooms, and up to 50 rooms. Currently, 14 rooms are functional.

The Hotel is available for lease for a period of 5year to over 10years

TERMS SUBJECT TO NEGOTIATIONS:

Rent: USD 3500 .. Annual USD 42,000

Initial 3 Months to 4 Months rent free Grace Period

5 Year Lease extendable to Over 10 Years

Client Preference: Hotel, University, Organisational Headquarters

No Furniture Provided

No structural changes to the property without prior written consent from the owner

5% Inflation Close after the first 2Years

Full Property Inspection every 6Months

6 Months Termination Clause.

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