Blackpool, No.7 La Tour, 10% NET

3854

Property ID

Description

UNIQUE HOTEL INVESTMENT OPPORTUNITY LOCATED ON BLACKPOOL SEA FRONT

A fully operational hotel in the centre of Blackpool, that will offer accommodation & training facilities for young autistic adults and accommodate family, friends a tourist vistors throughout the year. With an entry level invest of £49,950, the opportunity here is to earn a total ROI of 110% over 5 years, while making a socially responsible and ethical investment. Investors receive immediate, quarterly income with no ongoing costs. Secured exits are offered to sell at any time on the open market or sell back to the developer at year 5, or at year 10 and receive an additional 10% uplift.

Investment Highlights

 NUMBER OF UNITS: 65 en-suite rooms

  • UNIT PRICE: £49,950
  • OWNERSHIP: 999-year leasehold property title
  • YIELD: 10% net contractually assured (£4,995 per year)
  • YIELD PAYMENT: Quarterly in arrears
  • ADDITIONAL OWNERSHIP COST: None

Address

Address: 240-244 North Promenade, Blackpool
  • Country: United Kingdom
  • City / Town: Blackpool
  • Postal code / ZIP: FY1 1RZ
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  • Property ID 3854
  • Price £49,950
  • Property Type Hotel
  • Property status Sold
  • Garage Size 10% NET SqFt

Nearby Places

Walk Score

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