Apartment for sale in Darlington, DL2
Piercebridge, Darlington, DL2£70,000
Agent details
This property is listed with:
North London Business Park, Building 3, Oakleigh Rd South, London
- Telephone:
- 020 36972592
Full Details for Apartment for sale in Darlington, DL2 :
INVESTORS HAVE 8% NET RENTAL PROJECTED & BUYBACK EXIT STRATEGY.
A rare opportunity to generate a secure 5 year fixed return via the purchase of a hotel room asset in a boutique 18th century traditional coaching inn.
Leasehold owners of the hotel rooms shall benefit from a fixed income stream equal to 8% net of their purchase price. Income will be paid monthly in arrears as a net figure, no additional costs or fees shall be placed on the leaseholders.
- £60,000 - £70,000 per room
- 8% net rental return per annum
- 115% buyback at the end of year 5
- Income paid monthly
- Hands-off investment
- Zero ownership fees
- Successful business with established customer base
- Acclaimed riverside restaurant
- Local wedding venue
The ownership model has been engineered to provide a clear exit strategy at the end of year 5 via a developer buy-back equal to 115% of the original purchase price.
\"JLL Hotels & Hospitality Group has already witnessed strong investor appetite for the regional hotel sector during Q1 2016 and anticipate this to continue over the coming months.\"
Jones Lang LaSalle
Today's UK hotel market is worth £40 billion and is set to grow in 2016 with independent analysis forecasting continued growth of branded hotels at the expense of independents. This is a situation that inevitably favours larger organisations with established infrastructure and the ability to enjoy the benefits of economies of scale.
HUGE MARKET WITH GROWTH POTENTIAL
Snug Bar and a delicious menu in the Riverside Restaurant. The rural retreat offers tranquillity and history as it is said to be the place in the 1880s that Henry Clay Work wrote the song about the Grandfather clock which is situated in the hotel Visit Britain predicts that there will be a 2.5% growth in international tourist arrivals to 35.1m in 2016.
Expenditure is also forecast to grow by 4.5%, or £1bn in cash terms, to £22bn. This will be a new record for the tourism industry.
Contact Us for a brochure, availability and further information
High St, Piercebridge, County Durham, DL2 3SW, United Kingdom
70,000 GBP
A rare opportunity to generate a secure 5 year fixed return via the purchase of a hotel room asset in a boutique 18th century traditional coaching inn.
Leasehold owners of the hotel rooms shall benefit from a fixed income stream equal to 8% net of their purchase price. Income will be paid monthly in arrears as a net figure, no additional costs or fees shall be placed on the leaseholders.
- £60,000 - £70,000 per room
- 8% net rental return per annum
- 115% buyback at the end of year 5
- Income paid monthly
- Hands-off investment
- Zero ownership fees
- Successful business with established customer base
- Acclaimed riverside restaurant
- Local wedding venue
The ownership model has been engineered to provide a clear exit strategy at the end of year 5 via a developer buy-back equal to 115% of the original purchase price.
\"JLL Hotels & Hospitality Group has already witnessed strong investor appetite for the regional hotel sector during Q1 2016 and anticipate this to continue over the coming months.\"
Jones Lang LaSalle
Today's UK hotel market is worth £40 billion and is set to grow in 2016 with independent analysis forecasting continued growth of branded hotels at the expense of independents. This is a situation that inevitably favours larger organisations with established infrastructure and the ability to enjoy the benefits of economies of scale.
HUGE MARKET WITH GROWTH POTENTIAL
Snug Bar and a delicious menu in the Riverside Restaurant. The rural retreat offers tranquillity and history as it is said to be the place in the 1880s that Henry Clay Work wrote the song about the Grandfather clock which is situated in the hotel Visit Britain predicts that there will be a 2.5% growth in international tourist arrivals to 35.1m in 2016.
Expenditure is also forecast to grow by 4.5%, or £1bn in cash terms, to £22bn. This will be a new record for the tourism industry.
Contact Us for a brochure, availability and further information
High St, Piercebridge, County Durham, DL2 3SW, United Kingdom
70,000 GBP
Static Map
Google Street View
Other Properties for sale near High St Piercebridge, DL2 3SW
3 bedroom Semi-Detached for sale
- Price
- £235,000
- Address
- Darlington Durham Blackwell, DL3 8ET
- Description
- A fabulous opportunity to acquire this stunning three bedroom property which is located in the heart of the prime west end of town. Having had a full refurbishment throughout by the present owner and has all the relevant certifications for building w...
- Agent
2 bedroom Terraced for sale
- Price
- £70,000
- Address
- Darlington Durham Darlington, DL1 2DU
- Description
- An attractive family home offering well-proportioned rooms situated in a popular location. To the ground floor there is entrance hall, lounge and kitchen. On the first floor the accommodation comprises two bedrooms and family bathroom. Internal insp...
- Agent
2 bedroom Terraced for sale
- Price
- £50,000
- Address
- Darlington County Durham Rise Carr, DL3 0NN
- Description
- Offered to the market with no chain, this two bedroom terraced property would suit a wide range of buyers and investors alike. Located within the ever popular North Road area of Darlington and being close to all local amenities, schools and transport...
- Agent
2 bedroom Terraced for sale
- Price
- £50,000
- Address
- Darlington County Durham Rise Carr, DL3 0NP
- Description
- Situated in the ever popular North Road area of town and being close to all local amenities, schools and transport routes this two bedroom end terrace property offers spacious living throughout. Offered with no chain the property would ideally suit a...
- Agent
-
3 bedroom Detached for sale
- Price
- £185,000
- Address
- Faverdale Darlington Faverdale, DL3 0EE
- Description
- We are delighted to offer to the market this immaculately presented three bedroom detached house which is finished to a high standard throughout and situated on a prime plot within this ever popular residential estate. Not being overlooked to the rea...
- Agent
-
