Cardiff, Mount Rooms Hotel, 9% NET

2466

Property ID

5

Bathrooms

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.

 

Address

Address: The Mount Rooms, Porthkerry Road, Wales
  • Country: United Kingdom
  • City / Town: Cardiff
  • Postal code / ZIP: CF62 7AY
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  • Property ID 2466
  • Price £45,000
  • Property Type Sold
  • Property status Sold
  • Bathrooms 5
  • Garage Size 9% NET SqFt

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