Hotel room for sale

BUSINESS APART HOTEL, Bradford, West Yorkshire, BD7

£65,000

Property Description

Key features

  • Assured Rental Returns of 8% Net
  • Developer Buy Back year 10 @125%
  • 125 Year Lease
  • Fantastic Location one minute from the University, two minutes from the Shopping District and five minutes from the Train Station
  • 40K Initial Cash Input
  • Prosperous City of Culture and UNESCO City of Film
  • Easy Road, Rail and Airport Links
  • Bradford University ranked in the Top 20 Nationally and draws a large population of International Students and their families
  • Has become a magnet for New Business and increasing Property Hot Spot
  • Reserve for 1,000

Full description

THE OPPORTUNITY

An outstanding investment opportunity, buyers receive 10% NET rental returns p.a. for 10 years and benefit from a 125% sell-back opportunity in year 10, ensuring an exceptional return on investment. The hotel will be fully managed by an experienced operator, offering a completely hands-off, hassle-free return on investment.

Set in the heart of Yorkshire with easy and direct access to all major transport networks, Fabric will provide a unique opportunity to purchase a stunning studio apartment in this upmarket city centre hotel.

Located in the historic city of Bradford, famous for its industrial landscape of textile mills and cobbled streets, Fabric offers an exciting alternative to buy-to-let in the centre of the Learning Quarter and close to the city's bustling night-life and wealth of attractions.

Bringing a new and contemporary option to the leisure market, the hotels within our Business Collection have been specifically designed to cater for a corporate audience and Fabric will provide a new an inspirational experience for the modern-day business traveller.

Combining technology with comfort and relaxation, Fabric will consist of 99 one-bed self-contained apartments complete with kitchenettes, all modern conveniences and offer the perfect base from which to work, rest and play.

Given its proximity to the University and location within the city's Learning Quarter, it is also expected that Fabric will become a hugely integral part of this academic centre of excellence and provide accommodation for not only business visitors to the city but also resident and visiting academics.

Fabric's combination of design, facilities and location create an idea opportunity to capitalise on the continued growth and development of Bradford which now boasts an economy of 8.7 billion and is enjoying a huge resurgence with investment levels and development at an alltime high.
In recent years the city has become an increasingly popular choice for purchases looking for a healthier return on their money and it is now seen by many as a far more attractive option than the more expensive and saturated cities of London, Manchester, Leeds and Liverpool.

Fabric will offer the perfect opportunity to enjoy substantial returns by purchasing one of these stunning studio apartments and we look forward to extending a very warm welcome to you in this friendliest of Yorkshire cities.

Price: 65,000
Initial Cash input 52,000


Listing History

Added on Rightmove:
28 September 2017

Nearest stations

  • Bradford Forster Square (0.6 mi)
  • Bradford Interchange (0.7 mi)
  • Frizinghall (1.8 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Lawrence Copeland (Town & City Centre), Manchester

Imperial Court 2 Exchange Quay Salford M5 3EB

0161 468 0247 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

  • Bradford Forster Square (0.6 mi)
  • Bradford Interchange (0.7 mi)
  • Frizinghall (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lawrence Copeland (Town & City Centre), Manchester

Imperial Court 2 Exchange Quay Salford M5 3EB

0161 468 0247 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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