Cumbria Park Hotel Investment
Cumbria Park Hotel Investment. An excellent opportunity to invest in an operational hotel. In a destination where rich history and classic elegance exist in perfect balance. With its secluded garden oasis, a modern fitness centre, restaurant bar, stunning rooms and function suites. The perfect backdrop and inspirational setting for weddings and business events. Further more, the property was recently refurbished and growing in popularity. Therefore, increasing in profitability thanks to its previous owners who have transformed it to become a renowned establishment.
A unique opportunity to invest in a fully constructed asset with a proven track record. Own a room on a secure 250-year lease. Furthermore, the Hotel is operational and has had consistently high occupancy year round.
Cumbria Park Hotel was initially a mansion designed and built by the famous Robert Fell in 1787 has been carefully restored and developed into a thriving and successful hotel. First opened in June 1967 therefore, the hotel has a long history. Additional to this the hotel also demonstrates a long track record of appeal.
Cumbria Park is a highly-successful 56- room hotel with a restaurant, bar, gym, 6 meeting rooms and function suites for weddings, conferences and other events.
Investors will receive an assured rental return of 10% per annum from day 1 of ownership. The Opportunity also comes with a contracted buy-back at year 5, which is at 120% of the initial purchase price. This represents a total ROI of 70% in 5 years.
Cumbria Park Hotel Investment Highlights
- Prices starting from £59,950
- Tenure: 250 Years Leasehold
- Immediate Rental Income (paid quarterly in arrears)
- Free legal fees
- 10% net returns assured for 5 years
- 120% guaranteed buyback at the end of year 5
- No Stamp Duty Payable, No Hidden Costs
Cumbria Park Hotel, Tourist Demand
Tourists from all over the world visit the Lake District National Park for its spectacular scenery, wildlife, history and culture. Having been open continuously since 1967 the hotel has developed an excellent reputation and boasts great reviews on Trip Advisor. The Cumbria Park enjoys an excellent reputation for high standards of accommodation and cuisine, combined with helpful and friendly service catering to individuals, couples and families of all descriptions.
The Lake District enjoys both UK National Park status and the coveted UNESCO World Heritage Status, it is a world-famous tourist destination which hosts 15.8 million visitors each year! Tourists come to enjoy the scenery, peace and quiet and walking. Also, many others visit specific attraction, such as ‘Beatrix Potter World’, or take part in the many available outdoor activities.
Cumbria Park Location: The Lake District
Every year, some 15 million people pitch up to explore Cumbria and the Lake District, and it’s not hard to see why. Ever since the Romantic poets arrived in the 19th century. It’s awash with outdoor opportunities, from lake cruises to mountain walks, but many people visit for the region’s literary connections; William Wordsworth, Beatrix Potter, Arthur Ransome and John Ruskin all found inspiration here
Why Invest In Hotel Rooms?
The UK hotel sector performed well in 2017 with a weakened pound, growth in ‘staycations’ and improved infrastructure; investment levels exceeded those of 2016 by 25%, indeed both JLL and Savills reported an increase in hotel transactions for 2017.
The demand for hotel rooms remains very robust and demand remains consistent for hotel rooms is consistent nationwide from both tourist and business travellers.
Investing in an established hotel with a proven track record makes perfect sense, it’s a completely hasslefree investment – you invest in a room (or rooms) then sit back and collect the income. Your room becomes part of the hotel stock, with the added benefit of being serviced and managed as part of the hotel.