For Lease 3,500 USD - Hotels
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.