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Agent details

This property is listed with:
Select Estate Sales
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

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