PROJECT OF THE MONTH

This is a great investment opportunity in UKand from a total of 41 rooms, hurry up to book your hotel room

Project Summary

PROJECT SUMMARY

  • Location

    Great Yarmouth, UK

  • Min. Price

    46,950

  • Max. Price

    £75,950

  • Min. Size

    15

  • Max. Size

    25

Brand New Hotel Room investment in UK

Brand New Hotel Room investment in UK

Brand New Hotel Room investment in UK

Brand New Hotel Room investment in UK

Brand New Hotel Room investment in UK

Brand New Hotel Room investment in UK

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Project Description

PROJECT DESCRIPTION

Key Investment Facts

 

  • Hotel Operator and Freeholder – Merydion Hotels
  • Number of Hotel Rooms – 41
  • Rental Income – 10% net per annum for 10 years
  • Year 5 Buyback Option – 120% of the original purchase price
  • Leasehold Length – 149 years
  • Address – The Star Hotel, 24 Hall Quay, Great Yarmouth, NR30 1HG
  • Other Facilities – 2 Bars, Restaurant, Meeting Rooms, Function Facilities (for Corporate, Private and Wedding Events), Wi-Fi, Lift, Guest Parking
  • Prices – From £46,950
  • Investor Legal Costs – None
  • Investor Running Costs - None
  • Investor Stamp Duty – None
  • Recent Improvements - £400,000 renovation has already taken place
  • Online Ratings - Google Reviews – 4.4/5   TripAdvisor – 4/5   Booking.com – 9.1/10   Hotels.com – 9.2/10   Holidaywatchdog.com – 4/5   Trivago – 7.5/10   Expedia – 4.6/5   Kayak.co.uk – 9/10   Facebook – 4.8/5

 


PROJECT TYPES

Hotel Room

AVAILABLE UNIT TYPES

Classic
Comfort

PROJECT FEATURES

bar
wedding
Project Summary

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