0 Bedroom Apartment For Sale
£60,000

Sheffield Road, Chester, Chesterfield, S41 9EH


Interested in this property? Call: 01342 837783 & Request Details
Property description

8% FIXED NET INCOME FOR 5 YEARS ASSURED

* MONTHLY PAID INCOME, FULLY MANAGED

* 110% BUYBACK EXIT AT END OF YEAR 5

* NO STAMP DUTY, NO MAINTENANCE FEES

* OPERATIONAL & TRADING PROPERTY

* 15TH DEVELOPMENT – IMMEDIATE INCOME

Since 1975 the Sandpiper Hotel has been proud to look after all its guests with unrivalled levels of service and satisfaction. The hotels popularity is boosted by its convenient location being only a short drive from the historic market town of Chesterfield and the vibrant city of Sheffield.

This 46 Bedroom Hotel, soon to be 63 Bedrooms, is Renowned for its home cooked food,

comfort, friendliness and value for money, The sandpiper hotel has a relaxed home-from-home atmosphere. A perfect location for any event.

Rare opportunity to generate a secure 5-year fixed return via the purchase of a hotel room asset.

WHAT’S ON OFFER

Leasehold owners of the hotel rooms shall benefit from a fixed income stream equal to 8% net of their purchase price. Income will be paid monthly in arrears as a net figure, no additional costs or fees shall be placed on the leaseholders.

The ownership model has been engineered to provide a clear exit strategy at the end of year 5 via a developer buy back equal to 110% of the original purchase price.

OPPORTUNITY HIGHLIGHTS

– 15th Hotel by developer!

– 8% net rental return per annum

– 110% buyback at the end of year 5

– Income paid monthly

– Hands-off investment

– Zero ownership fees

– Successful business with established customer base

– No stamp duty, No council tax, No maintenance, No furniture costs – Totally Hands Off!

The ownership model is simple yet effective. Its hands-off format enables you to enjoy regular payments directly to your bank account every month. At the end of year 5 your capital shall be repaid in full.

“JLL Hotels & Hospitality Group has already witnessed strong investor appetite for the regional hotel sector during Q1 2016 and anticipate this to continue over the coming months.”

Contact Us For more information

Sheffield Road, Chester, Chesterfield, S41 9EH, United Kingdom

60,000 GBP

 

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