Cardiff, Mount Rooms Hotel, 9% NET

£45,000
The Mount Rooms, Porthkerry Road, Wales

2466

Property ID

5Years

Rent assurance

9% NET

Yield

Overview

Price £45,000
Property type Sold
Rent assurance period 5 Years
Yield 9% NET
Property ID #2466

Features

Fully Managed
Gymnasium
Immediate Income
Internet
Sea Views

Description

Westport Invest are proud to offer this unique investment opportunity to our investors. Following the successful sale of Phase 1 Mount Rooms, Phase 2 is at The Mount Rooms is now available. The hotel has been successfully trading now for the past 18 months and due to overwhelming demand the operators are now looking to expand the operation.

In total it has 44 rooms, a cottage, events space, gym, coffee shop and a beauty room. The developers operate and control the 44 rooms. The operators also have tenants who are trading in the beauty rooms, gym, coffee shop and events space – all on 7 year FRI leases.

The developers are offering a limited number of the Phase 2 hotel rooms exclusively to Westport Invest’s clients. In return they are offering an 9% NET return to investors fixed for 5 years. On top of that they are also offering a buyback at 108% after year 5 so that they can return to being the majority stakeholder.

This is a rare opportunity to get involved in an already successful business with no off-plan risks and a clear exit strategy.

Due to the small number of units available investors are urged to enquire now to avoid disappointment.

 

Location

Address The Mount Rooms, Porthkerry Road, Wales
View Map Open on Google Maps
Country United Kingdom
Cities Cardiff
Postal code / ZIP CF62 7AY

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Available Units

Unit Floor Square Footage Ground Rent Unit Type
15 -Panoramic Sea Views - £45000 - - - Double Room
37-Sea View - £45000 - - - Double Room
47- Sea View - £45000 - - - Triple Room

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