A Boutique Hotel Investment from £60,000 a room – Katar Investments

A Boutique Hotel Investment from £60,000 a room

80,000 £

Description

A Boutique Hotel located in an excellent position in Whitley Bay, with just a short walk to the town centre and award-winning beaches at the end of the road. A £36 million regeneration plan for the coast at Whitley Bay is well underway.

KEY INFORMATION

• 2 floors
• 2 on site restaurants
• Room rates from £40 to £145
• 70% repeat customers
• Majority of bookings are repeat from Expedia and booking.com
• 87% occupancy in September

AVAILABLE UNITS FOR INVESTMENT
Number of Hotel Room Units: 32

ROI for years 1 – 5: 8%

ROI in years 6 – 10: 9%

Rooms from £60,000

PURCHASE PROCESS – Choose an investment unit to buy
Pay a £5,000 reservation fee and instruct solicitors
Transfer full investment amount minus £5,000 reservation fee within 28 days to exchange and complete
Investment process complete 5 First year investment yield paid within 30 days of legal completion

 

Features

Location

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