A landlord who knows why the plant matters.
If you run hotels and are looking for premises, here is how we deal and what we will want to know.
What we offer
- You get
- A landlord who owns the asset directly
- Capital responsibility written down
- Decisions without a chain of instruction
Clarity on capital
The single most useful thing a hotel landlord can offer is an unambiguous answer to who funds the roof, the boiler, the lift and the bedroom refurbishment cycle. Ours is written into the lease, not left to be negotiated under pressure.
A direct relationship
You deal with the owner. There is no asset manager taking instructions from a fund with a different time horizon from yours.
A long view
We are not looking to sell into your first good year. An operator who is trading well and maintaining the building is the outcome we want, and short-term rent maximisation works against it.
What we will ask
- Expect questions on
- Your operating record
- Financial standing and covenant
- How you propose to trade the building
- Your own capital commitment
We will want to understand your track record, your covenant, and how you intend to trade the specific building — because a hotel that suits one operating model is wrong for another, and the mismatch shows up in the second winter rather than the first summer.
Expect the same diligence you would apply to us. We would think less of an operator who did not ask about our capital plans, our funding, and what we intend to do with the asset.
Any lease will be a substantial legal commitment under Scots law. You should instruct your own solicitor, and nothing on this website is legal advice or an offer.