1 bedroom apartment for sale

North Beach, Tenby

Sold STC £67,500

Property Description

Key features

  • Hotel Room Investment
  • 10% Returns For 10 Yrs
  • 125% Buyback
  • Annual Complimentary Stay

Full description

SEA FACING DOUBLE
Located on the stunning south Wales coastline, the picturesque town of Tenby is regarded as one of the country's most iconic seaside towns and we are delighted to present our latest hotel investment opportunity, the magnificent Carmarthen Bay Hotel. Nestled between the rolling landscape of Pembrokeshire and Carmarthen Bay, Tenby is home to over two miles of beautiful sandy beaches and a hugely popular tourist destination which offers purchasers huge return potentials on their investments. The luxurious Carmarthen Bay Hotel will offer four-star accommodation and sits proudly in amongst the developers Premium Collection of hotels. Designed to the same high standard as the impressive Llandudno Bay Hotel in north Wales, this latest addition is another exciting opportunity for investors to realise a real gem in the UK hotel market.
Currently made up of 40 standard bedrooms, the hotel will shortly undergo further refurbishment to transform it into a stunning fourstar hotel and spa which will further enhance its reputation as the region's most exclusive destination for holidaymakers, weddings and conferences. Each of the 40 rooms, 23 of which enjoy stunning sea views, will be lovingly enhanced to the same high standards as those at the award-winning Llandudno Bay Hotel. In addition the hotel also boasts a magnificent restaurant with 50 covers, two conference rooms, a spa room, an outdoor heated swimming pool and a spectacular function room.

Investment Details - Sea facing double - £67,500*
Assured 10% net return every year for 10 years
125% buy back at the end of year 10
£7,500 pa paid annually in arrears with buy back of £93,750
2 weeks personal usage included
*Cash investment based on 1st years rental returns paid upfront in the form of a discount on asking price of £75,000

Hotel -

Restaurant -

Tenby -

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.



More information from this agent

Listing History

Added on Rightmove:
01 November 2016

Nearest stations

  • Tenby (0.3 mi)
  • Penally (1.4 mi)
  • Saundersfoot (3.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Thomas Property Group, Chester - Sales

Georgian House, 13 Grosvenor Street, Chester CH1 2DD

01244 955082 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Tenby (0.3 mi)
  • Penally (1.4 mi)
  • Saundersfoot (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Thomas Property Group, Chester - Sales

Georgian House, 13 Grosvenor Street, Chester CH1 2DD

01244 955082 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26605454. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Thomas Property Group, Chester - Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.