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Hotel room for sale

Unit 515, Shankly Hotel, Victoria Street, L1

Sold STC £135,600

Property Description

Key features

  • Investment Opportunity
  • Guaranteed NET return for 5 years
  • Returns of 8.5% - 10.5%
  • Buyback option after year 3 at 108%
  • Fully Furnished
  • Gym
  • Restaurant
  • Concierge
  • Completion due Spring 2018
  • Immediate ROI available for 100% payment

Full description

Tenure: Leasehold

Century 21 Liverpool is delighted to offer a unique Hotel Investment product to the market. Further planning was recently granted and all the additional units sold out but 1 unit is available / back on the market in this sold out investment development. The Shankly Hotel is situated just minutes away from Liverpool’s most popular entertainment, cultural and retail destinations. The hotel room offers a guaranteed yield of up to 10.5% for 5 years and a buyback option offering a 108% after year 3.

Investment Summary:

- Unit 515
- 5th Floor
- Overlooking Victoria St

- Total number of units 87
- 42m2 (452 sq.ft)

- Yields for years 1-3 = 8.5%

- Yield for year 4 = 9.5%

- Yield for year 5 = 10.5%
- Buyback option after year 3 at 108%
- Completion due Spring 2018

The units are sold with a leasehold of 999 years.

Purchase process:

1. £2500 reservation fee

2. 50% paid on exchange (within 28 days from reservation)
3. Balance paid on completion

The return is guaranteed by Signature Hotels who have 5 hotels in Liverpool and are currently expanding in to other major UK Cities. The currently have the highest occupancy rates in Liverpool. Their hotel experience is second to none making them one of the fastest growing hotel companies in Liverpool.

Location Summary:

The Liverpool One shopping district boasts a broad range of shops, restaurants and cinemas for daytime activity whilst some of the city's most dynamic nightlife locations can be found literally just down the street.

The city's museums, art galleries, the Albert Dock and the waterfront are within a fifteen minute walk of the hotel allowing guests to experience the city's rich mercantile history and stunning riverside views. Transport links to the location are also convenient for guests with close proximity to the city's main station, Lime Street, and a fairly modest taxi fare to John Lennon Airport.

The development has been operational for over a year and the success has been excellent.

The roof terrace will be home to a roof top infinity pool and conference centre as well as a slide for visitors to get back down if they feel stairs and lifts are too main stream for them...

Press release information can be found here...

Listing History

Added on Rightmove:
24 November 2017

Map & Street View

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