Blackpool Hotel No 7

Blackpool Hotel No 7 An Operation Hotel Room Investment Oggering Immediate Rental Returns

St Camillus No7 Blackpool – A fully operational hotel, is a brilliant, ethical, investment opportunity with 65 modern en-suite rooms

Introduction:

St Camillus No7 is a fully operational hotel, that is based right in the heart Blackpool city centre. This opportunity will offer accommodation & training facilities for young adults with autism and also provide fabulous accommodation for family, friends and tourist visitors throughout the year. The hotel which is open to the public, is from an award-winning and successful developer.

One of the greatest things about this opportunity is that it’s an ethical and socially responsible investment. The National Autistic Society estimates that 700,000 adults in the UK have autism. Therefore, 1 in every 100 people have autism, and 53% are aged between 16-35 years old. The demand for locations that offer supported accommodation for this age group is huge. The need for experienced on-site care and support is growing but is still massively undersupplied.

Blackpool Hotel Room Investment Highlights:

  • Unit price from £49,950
  • 65 en-suite rooms
  • 999-year leasehold
  • Completely hands-off investment
  • Immediate returns at 10% NET with no other costs to you – £416.25 per month
  • Socially responsible and ethical investment
  • Yield immediately and paid quarterly in arrears
  • No additional ownership costs
  • Secured exit strategy
  • Assured buy-back option at year 5, or at year 10 and receive an additional 10% uplift.
  • Beautiful sea views
  • Excellent central location

Blackpool Hotel No.7 Financials

5 Years Example – Purchase price £49,950, + annual rent of £4,995 x 5 years = £24,975 rent PLUS buy back at 100% (£49,950) = £74,925

10 Year Example –Purchase price £49,950 + annual rent of £4,995 x 10 years = £49,950 rent PLUS buy back at 110% (£54,945) = £104,895

Blackpool Hotel No.7 Overview

St Camillus No7 is a fully hands off investment opportunity. Over 18 million visitors in 2018 spend £1.5bn in the local economy, fuelling regeneration thus increasing demand for quality hotels like St Camillus No7.

Why Invest In Blackpool?

The start of 2018 sees Blackpool on the cusp of reaching the next stage of regeneration. Hundreds of new homes are set to be built in the centre of town. Investments in hotels and leisure facilities are also in the pipeline, work is already underway on more than £30m of new public buildings.

Blackpool has started work for a £25m conference centre to be built alongside the Winter Gardens just 300 meters away from the hotel.

The project No7 is located in a fantastic position on the front line of the promenade with unspoilt sea views and just meters away from the centre of Blackpool. Therefore has all of Blackpool’s main attractions at the doorstep. Furthermore, over 17 million people visited Blackpool alone in 2016. and rising, Therefore, Blackpool makes an ideal location to invest in Hotel Rooms.

Blackpool Councils investment into regeneration continues to attract people to visit. Therefore, making it more attractive a location to invest in hotel rooms.

For any further information on Buy to Let Properties drop us an email at info@hanoversquarerealestate.com