Belgrave Hotel Overview
Property Invest UK are proud to present our investors a lucrative opportunity in one of the UK’s fastest growing asset classes. Situated in the heart of Chester, a mere 3 minutes walk from Chester Train Station and less than 10 minutes walk to major attractions in Chester City Centre, lies The Belgrave Hotel. Currently occupied 85% of the year and graded a 2 star, The hotel will shortly be undergoing a full facelift transforming it into a
Individual rooms in the hotel are being sold with full leasehold ownership from just £64,950. Since the hotel is fully built and operational, not only will there be zero development risk, but Investors will also benefit from an immediate income of 10% NET, assured for the first 5 years of ownership. All investors will have the comfort in knowing that there is also an assured exit strategy in place after 5 years allowing you to resell your unit back to the owners at 120% of the price you paid for it.
Managing the Hotel and whose primary responsibility it is to deliver the returns will be Hospitality First. A leading name in the hotel industry, and a company with a specialism in turnaround ventures, Hospitality First bring a wealth of experience to this opportunity. Affiliated to some of the leading brands in the hotel industry, Hospitality First are confident that the hotel can be fully booked throughout the year.
- Price from £64,950
- Assured Income – 10% Net income for 5 years
- Assured Exit Strategy – Assured buyback end of year 5 at 120%
- Full Legal Ownership – 149 years leasehold title in your name
- Free Legal Fees – All your legal fees will be paid
- Zero Stamp Duty – Since this is a commercial property there is no stamp duty applicable
- Completely hands-off investment
- Excellent Location – The hotel is located 3 minutes walk away from Chester Railway Station and 10 minutes walk away from the City Centre.