Property description
We are proud to present to you an outstanding hotel & investment proposition located in a beautiful sea front location in a popular British holiday destination; Llandudno, North Wales.
This fully open and operational hotel provides unrivalled sea views of the bay and the Grade II listed Victorian Pier. Retaining its original Victorian architecture, the hotel is set to undergo significant renovation & refurbishment to enhance its period features with a contemporary finish. Offering a choice of single, double/twin and premium accommodation, the hotel delivers an annual rental income of circa 10% of the purchase price for 10 years, with units starting from as little as £55,000 full cash input. A fantastic investment purchase, there is limited availability to purchase en-suite bedrooms within the hotel and with such a low purchase price.
The unique leaseback sale opportunity ensures the developer is responsible for the day-to-day running and ongoing costs of your property, providing you with an affordable, passive, income generating asset.
Highlights:
10% NET Yield for 10 Years
Fully open & operational sea front hotel
Prices from £55,000
Double/twin & premium accommodation options available
Fully managed
Attractive British seaside location in North Wales
125% buy back option in year 10
No ongoing maintenance fees or charges
Reserve for only £1,000
68 en-suite bedrooms
125 year lease
Property Features :
- Hotel Room Investment Opportunity
- 10% Net Returns Per Annum For 10 Years
- Prices From £55,000
- Full Open & Operational Hotel
- Sea Front Location