From

our blog.

The Star Hotel, Great Yarmouth.

05/08/19

10% Net return for 5 years, 120% Buyback in year 5

The Star Hotel is one of Great Yarmouth’s most distinctive and historic buildings. With a story stretching back to the 17th century, the Grade II listed building has entered a new chapter following a significant and sympathetic refurbishment by its owners in Spring 2017 after being derelict for a few years. The 41 bedroom hotel close to Great Yarmouth’s historic quay and
town centre has two comfortable bars, a spacious restaurant, meeting rooms and superb function facilities for corporate events and stylish weddings. There’s also a lift to all floors
and free on site parking for guests.

Half of the Star Hotel’s 41 ensuite bedrooms have been refurbished and stylishly decorated, providing a high standard of accommodation that will be appreciated by corporate guests and leisure visitors alike. There is a choice of Standard Rooms and River Rooms, the latter having views across Hall Quay and the bustling River Yare.

The refurbishment by the previous owners was done to a very high standard and has covered a large part of the hotel. Not only were 19 of the bedrooms refurbished, but also the
restaurant and ground floor bar which costs nearly half a million pounds. This investment into the business has paid dividends already with the restaurant and bar being a popular haunt for both locals and tourists to dine and drink with Great Yarmouth. Offering British Pub classics alongside continental specialities, the restaurant is regarded highly and also source many of their ingredients from local farmers. Therefore, the funds raised from selling the individual rooms will be used to refurbish the remaining 22 rooms and other areas of the hotel.

More recently the hotel has become affiliated with some of the energy companies building and providing services to Great Yarmouth’s growing Offshore Energy industry. The hotel already
has established relationships with companies who are regularly block booking rooms at the hotel to house their staff working away from home . These companies block book rooms for staff
and pay the hotel in full even if the rooms are not occupied, as is often the case. Moving forward the hotel harbors aspirations to further increase occupancy through more relationships with these companies and have highlighted this area as being a significant growth area for the hotel moving forward.

Investment Highlights:

1. 10% Net return for 5 years
2. Free Legal Fees
3. Prices from £44,950
4. Assured buyback at the end of year 5 at 120%
6. 2 weeks free personal usage at the hotel
7. 10% Net assured for 5 years payable quarterly in arrears
8. Complete and operational providing immediate income

 

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Durker Roods Hotel, Yorkshire.

05/02/19
durker-roods-hotel-investment1

10% Net return for 5 years

Durker Roods is a charming 30 bedroom hotel settled on the edge of The Peak District National Park, Yorkshire, an area of Yorkshire attracting over 10 million visitors per year. The hotel lies in Meltham, just outside the famous tourist town of Holmfirth in Yorkshire and is less than an hours drive from the busy cities of Manchester, Leeds and Sheffield, key regions at the heart of the booming Northern Powerhouse.

A popular wedding and events venue with a regionally renowned restaurant, the Durker Roods hotel has entered year three of an exciting renovation project. The hotel continues to grow in stature and profitability thanks to previous owners who took the hotel from a sleepy establishment to a high occupancy popular attraction for tourists and local visitors. The hotel has now been acquired by the new owners who have embarked on their trasnformation project.

Investment Highlights:

  • 120% buy back from year 5
  • 10% NET return for 5 years paid quarterly in arrears
  • Free legal fees
  • Prices start from £54,950
  • No purchase or ongoing costs
  • Reserve from only £2,500
  • 2 weeks free personal usage for all buyers

 

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Trafford Hall Hotel, Manchester.

05/02/19
trafford-hall-hotel-investment-2

10% NET return assured for 10 years

The Trafford Hall Hotel is a hotel rich in History and that was originally built in the 18th Century. The hotel to this day has kept some of the period features from the 18th Century and upon entry to the hotel one quickly is taken aback by the historic character the hotel possesses.

The location of this hotel really couldn’t be better. Within an 8 minute walk one can easily reach Old Trafford football ground or cricket stadium.

Just a short walk away from the hotel you will find the Old Trafford Tram stop with direct trams to and from Manchester City Centre, with a journey time of approximately 12 minutes.

The hotel is currently 87% occupied but due to the current state of the hotel, the existing clientele are builders and labourers. In a bid to increase the average daily rate and attract a higher calibre of clientele, perhaps more corporate, the owners of the hotel are selling off the individual rooms to embark on a full refurbishment programme that will see the hotel rise to a 4* standard.

Once completed the hotel is expected to increase both occupancy and revenue.

Investment Highlights

  • 10% NET return assured for 10 years
  • Prices start from £52,950
  • Hotel fully operational, providing immediate income with no development risk
  • 120% assured buyback from the developer in year 5
  • 2 weeks free personal usage for all buyers
  • 5% discount for the first 10 sales only

 

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