1 bedroom apartment for sale

Mount Stuart Square, Cardiff

£72,500

Property Description

Key features

  • 8% For 3 Years
  • 9% Year 4
  • 10% Year 5+
  • 108% Buyback Yrs 3-10

Full description

HOTEL ROOM INVESTMENT OPPORTUNITY IN THE HEART OF CARDIFF - 8%pa RETURNS RISING TO 10%pa - 108% BUYBACK
This is an exciting opportunity to invest in this grandest of hotels offering exceptional returns to investors and a defined exit strategy.
The Grade II* listed Coal Exchange building is located in Mount Stuart Square, Cardiff and has one of the richest histories of all heritage buildings within Wales. In the 18th Century as Cardiff became the biggest coal port in the world, the building was constructed between 1883 and 1886 by Edwin Seward as a base from which to conduct trade negotiations regarding the coal mines of the South Wales Valleys - most of which was shipped to Cardiff for distribution.
The property is located close to the Mermaid Quay area, Marina and Opera House, which has been a major focus of regeneration over the last 20 years for Cardiff Council. Bringing the Coal Exchange back to life is a natural next step in this process and is something the people of Cardiff have wanted for some time, many of them having been through and used the building over the past 30 - 40 years in different ways.



Investment Details - All rooms priced at £250 per sq/ft
Contracted 8% net return years 1-3, 9% in year 4 and 10% in years 5-10
108% buy back between years 3-10
Phase 1 completion June 2017

Typical Bedroom Style -

Ballroom -

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:
16 November 2016

Nearest stations

  • Cardiff Bay (0.2 mi)
  • Cardiff Central (0.8 mi)
  • Grangetown (0.9 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.

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Nearest stations

  • Cardiff Bay (0.2 mi)
  • Cardiff Central (0.8 mi)
  • Grangetown (0.9 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 26638537. 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.

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