£3M Hotel Acquisition
A client sought to acquire a freehold 51-bedroom hotel in a popular Welsh tourist destination for £3,000,000 — subject to an existing 25-year lease with one of the UK’s largest hotel chains. With a tight four-week window from heads of terms to exchange, Tayntons’ commercial property team acted swiftly to navigate the complexities of a Transfer of a Going Concern (TOGC) and deliver a successful acquisition on time.