Durker Roods Hotel Investment
The Durker Roods Hotel Investment, in Chester. A unique opportunity to invest in a fully constructed asset; with a proven track record, ownership is on a 149-year lease. Furthermore, the Hotel is fully operational and has had an 85% occupancy year round. The Durker Roods Hotel Peak District has 30 bedrooms. Investors will receive an assured rental return of 10% per annum from day 1 of ownership, therefore, providing immediate rental income. The Opportunity also comes with a contracted buy-back at year 5, which is at 115% of the initial purchase price. This represents a total ROI of 65% in 5 years.
- Immediate Rental Income: Annual returns of 10% NET paid quarterly
- Popular wedding venue with beautiful grounds
- Occupancy consistently over 70%
- 5 year buy back at 115%
- 149 Year Leasehold
- Over 10 million visitors to the local area every year
- Great transport links to a number of Northern Powerhouse cities
Durker Roods Hotel Investment
Durker Roods is a picturesque 30 bedroom hotel steeped in history. Located on the edge of The Peak District National Park, which attracts over 10 million visitors per year. Sitting in the centre of the Northern Powerhouse area.
The Durker Roods Hotel, is a popular wedding venue, and popular for private events & boasts a popular regionally renowned restaurant. Furthermore, the hotel continues to grow in stature and profitability. The hotel now has high occupancy popular attraction for tourists and local visitors alike.
Over the last two years, the hotel has benefited enormously from targeting the booming industry of the over 40’s ‘staycation’ visitors. Retired and semi-retired visitors flock to the hotel from all parts of the UK and abroad taking advantage of attractive deals which boost the hotels midweek trade.
The Hotel is extremely popular for a wedding venue and has positioned itself with excellent service. Therefore, generating significant revenue with a well-managed wedding and events strategy.
Due to the location of the hotel, it benefits from strong demand for business users during the weekdays. Furthermore, great links to the M62 the hotel is the perfect place to stop off between the cities of Manchester, Leeds and Sheffield as the hotel offers competitive rates to the more discerning of business travellers.
In addition to weddings, as one of the largest venues in the village of Meltham, Durker Roods hosts many a celebration from birthdays to christenings to large corporate events, therefore it is a popular venue in the local community.
Durker Roods Location:
The hotel lies in Meltham, just outside the famous tourist town of Holmfirth in Yorkshire and within an hours drive from the busy cities of Manchester, Leeds and Sheffield, key regions at the heart of the booming Northern Powerhouse. Thereofre, it is the perfect place to stop off between the cities of Manchester, Leeds and Sheffield.
Why Invest In Hotel Rooms?
The demand for hotel rooms remains very robust and demand remains consistent for hotel rooms is consistent nationwide from both tourist and business travellers. In fact, though the 83% occupancy rates of London hotels is higher than the regions’ occupancy rates of 76%, the growth in yield per room produced by regional hotels is outstripping London. An investment in a hotel room now is an investment in a booming industry which is forecast to continue to grow.