New
Devon Bay Hotel Investment
FROM £54,900
  • New
  • 9%
    Net rental

KEY PROPERTY HIGHLIGHTS

  • Immediate Income
  • 999 year leasehold
  • No development risk
  • Prices start at £54900
  • Buy-back option at year 5 for 10%
  • Hotel is currently fully operational
  • 9% Net rental guarantee for five years
  • 2 week complimentary stay per year for investors

WHY INVEST IN HOTEL ROOM INVESTMENTS?

Long Term Leases

Most hotel room investments are purchased on a with a 10 year lease of 10% Net income. Thereby providing long term security and a truly hassle free investment.

HIGHER YIELDS

The UK’s hotel room sector can provide higher than average returns when compared to more traditional asset classes.

HANDS FREE

A specialist advisor will be appointed to manage your unit to ensure that you receive “hands-free” returns.

WHAT INVESTORS SAY

PROPERTY DETAILS

Devon Bay Hotel Investment – Ilfracombe, Devon

Devon Bay Hotel is located in Ilfracombe, the second largest settlement in the district. Devon Bay is within walking distance of many attractions including Ilfracombe Aquarium, Chambercombe Manor and Larkstone Leisure Park. It’s also just a two minutes’ walk away from the beach.

The hotel is already fully operational since March 2016 so investors can have peace of mind that there is no development risk, making this a solid investment for those looking for a safe investment.

The hotel offers all the facilities to ensure its guests have a comfortable stay. Some features of the hotel include:-

  • 24 hour reception
  • Licensed bar
  • Lounge areas
  • Function room
  • Business suite
  • Private dining room
  • In-house laundry service
  • Live musical entertainment
  • Free parking

Investment Facts

  • 9% net income for five year assurance
  • 999 year leasehold
  • Buy-back option at year 5 for 10% uplift
  • Hotel is currently fully operational – no development risk
  • Prices start from just £54,900
  • 2 week complimentary stay for investors

About Ilfracombe, Devon

Devon has been benefitting from a booming tourism industry in the past few years. In 2014 it saw a 46% increase in tourist visits, the biggest rise in the whole of the UK. There has also been an increase in business from tourists that have come from overseas, with £244 million spent in a three month period between July and September 2014 – a 29% increase from the previous year. More foreign visitors came to Devon last year than any year since figures were first recorded in 2006.

Ilfracombe boasts a number of cultural attractions, and not least is home to Damien Hirst’s 20m tall statue Verity. The town is also home to a collection of galleries featuring work from both domestic and international artists.

Devon Bay Hotel Investment
  • 999 year leasehold
  • 2 week complimentary stay per year for investors
  • Buy-back option at year 5 for 10%
  • Prices start at £54900
  • 9% Net rental guarantee for five years
  • No development risk
  • Hotel is currently fully operational
  • Immediate Income
Devon Bay Hotel Investment

Purchase Price

£54,900

Net Income

£54900

Assurance Period

5 years

Buy Back at year 5

110%

5 year Return on Investment

60%

Property Location

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