UK Hotel Room Investment Offering a 10% Net Return For 10 Years With A Defined Exit Strategy at 125%
- PROPERTY TYPE
Hotel Room
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Hotel Room Investment Opportunity
- 10% Net Returns Per Annum For 10 Years
- Prices From £55,000
- Full Open & Operational Hotel
- Sea Front Location
- 125% Buyback In Year 10
Description
This fully open and operational hotel provides unrivalled sea views of the bay and the Grade II listed Victorian Pier. Retaining its original Victorian architecture, the hotel is set to undergo significant renovation & refurbishment to enhance its period features with a contemporary finish. Offering a choice of single, double/twin and premium accommodation, the hotel delivers an annual rental income of circa 10% of the purchase price for 10 years, with units starting from as little as £55,000 full cash input. A fantastic investment purchase, there is limited availability to purchase en-suite bedrooms within the hotel and with such a low purchase price.
The unique leaseback sale opportunity ensures the developer is responsible for the day-to-day running and ongoing costs of your property, providing you with an affordable, passive, income generating asset.
Highlights:
10% NET Yield for 10 Years
Fully open & operational sea front hotel
Prices from £55,000
Double/twin & premium accommodation options available
Fully managed
Attractive British seaside location in North Wales
125% buy back option in year 10
No ongoing maintenance fees or charges
Reserve for only £1,000
68 en-suite bedrooms
125 year lease
Energy performance certificate - not provided
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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UK Hotel Room Investment Offering a 10% Net Return For 10 Years With A Defined Exit Strategy at 125%
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Llandudno Station0.2 miles
- Deganwy Station2.0 miles
- Llandudno Junction Station2.8 miles
About the agent
Ashley Milton, Independent London Property Agents since 1985 are members of The Guild of Property Professionals, registered with The Property Ombudsman and members of Client Money Protect.
Industry affiliations
Notes
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