1 bedroom Hotel Room for sale: England, Blackpool


  • bedrooms 1
  • bathrooms 1
Reference: 37079_IPD_MHB

Key Features

  • Special Black Friday Period Discount & Legals Reimbursed!
  • Usual prices from £49,950; front sea view rooms at £59,950
  • Black Friday Week 10% discount – 10 rooms only to £44,955
  • And your legal fees and costs reimbursed in full (t & c apply)
  • Assured net annual return of 10% of price paid for ten years
  • Buy Back option at price paid after 5 years or 110% after 10
  • 999 years leases and no ground rent, service or other charges
  • 38 en-suite rooms re-modelled and furnished to high standard
  • Superb Promenade location, great views of Blackpool coastline
  • Completion for February 2019, but 10% ROI starts immediately

Summary

Act now to take advantage of this great Black Friday Period offer, so contact us on Cyber Monday (26th), Tempting Tuesday, Wonderful Wednesday, Thankful Thursday, Thrilling Friday or next weekend at the latest!

This hotel room investment is the latest by a developer with an excellent track record of care home and hotel projects and investments in the North East and Blackpool. The launch prices of £49,950 for rear rooms and £59,950 for those overlooking Blackpool’s fabulous beach and coastline are tempting enough, considering the excellent return of 10% p.a. for ten years, plus a buy-back option at the price paid after five years or 110% of the price after ten years.

Now, for a limited time following Black Friday, you can secure a rear room for just £44,955, a discount of 10%, but don’t delay as this offer is subject to availability for only a few rooms. Added to this, your purchase legal fees and costs will be reimbursed in full, for which terms and conditions app

Description

Today, Blackpool is, without doubt, one of the most rewarding and exciting places in which to invest. Its award winning Blue Flag beach has six miles of glorious golden sand and it is the only British beach resort with three fabulous piers, all with great entertainment. Some 18 million visitors enjoy Blackpool each year and £275 million are spent during the 66 days of the Illuminations alone.

Blackpool currently ranks second in the country for its average pre-tax rental yields at 7.81%, based on an average property price of £75,943 and an average monthly rent of £494. Some landlords are known to achieve yields of 8.2%, whilst Blackpool has been named as the second best seaside postal area in which to be a landlord. Its shoreline has also been described as “the second best in the world after Dubai” (Daily Mail).

The hotel’s strategically chosen location will cater for guests who want to easily access nearby attractions such as Blackpool Tower, the Tower Circus, the pleasure beach, the Opera House, Grand Theatre, Madame Tussaud's, Sandcastle Water Park, Blackpool Zoo or the Sea Life Centre and also offers the perfect location for the Blackpool Air Show!

Blackpool Council recently confirmed the sequence of projects which will underpin its £100 million regeneration programme. The principal project in the three-year plan is the new £26 million conference centre adjacent to Winter Gardens, which is scheduled to open its doors in August 2019. As of mid-September 2018, there were thirty live enquiries for new conferences and events in the new facility, with five bookings already confirmed.

All 38 en-suite bedrooms of the hotel will be completely re-modelled and refitted to provide high quality accommodation. All communal areas will be comprehensively upgraded whilst, on the ground floor, a completely new outside dining area and first floor terrace will be added to the existing bar and restaurant to create a truly unique experience.

As well as welcoming its visitors staying to enjoy all that Blackpool has to offer, the hotel will also offer accommodation and training facilities for English Language and Catering & Hospitality students under the auspices of Blackpool and The Fylde College (B&FC), ranked as England's most successful large college and judged “outstanding” by Ofsted.

The hotel operator is currently in discussions with the college to utilise its students and offer an apprenticeship programme or work experience.

IMPORTANT NOTICES

No description or information about the development or its facilities, the suites, their plans, specifications or values, may be relied upon as a statement or representation of fact. The developer reserves the right to amend the plans, specifications, returns on investment and purchase prices as necessary and without notice. Nothing on this website constitutes or forms a contract or any part of a contract.

Any computer generated images which, together with photographs, illustrate this feature are intended to provide an impression of the development and its properties and may not be a true representation of the finished project, its facilities or the designs of the properties. Their accuracy is not guaranteed and they have no contractual value. Internal images may relate to a different property type in the development.

Intending buyers must make their own investigations and are advised to take appropriate independent advice from a qualified financial advisor and independent legal advice.

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Reference: 37079_IPD_MHB

Contact Agent

Investabroad Properties Ltd
Tel: 0044 121 616 5108