For Sale

Blackpool, No.7 La Tour, 10% NET

£49,950
240-244 North Promenade, Blackpool

Blackpool, No.7 La Tour, 10% NET

£49,950
240-244 North Promenade, Blackpool

3854

Property ID

10% NET

Yield

Overview

Price £49,950
Property type Hotel
Yield 10% NET
Property ID #3854
Labels New launch

Features

Fully Managed
Immediate Income
Sea Views

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

Location

Address 240-244 North Promenade, Blackpool
View Map Open on Google Maps
Country United Kingdom
Cities Blackpool
Postal code / ZIP FY1 1RZ

Near Place

Walk Score

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