Property Invest UK proudly present the Trafford Hall Hotel, a stunning old period building set in the heart of Old Trafford just a 5-minute walk from the Manchester United Football ground as well as Old Trafford Cricket Ground and a 10-minute tram ride away from Manchester City Centre.
The hotel is complete, fully operational and occupied 87% of the year. Currently rated as a 3 star, the hotel is due to undergo a full refurbishment of the bedrooms and common areas bringing it up to a 4-star standard and increasing the average daily rate of the hotel.
With an 80% occupancy rate, Manchester’s hotel market continues to outperform the UK average and the city is increasingly seen by investors as a real alternative to London. Hotel development is keeping pace, with more new hotels being built this year, adding to the 156 hotels currently providing over 16,600 bedrooms with Greater Manchester.
For investors considering Manchester’s hotel sector, they can rest assured of its credentials. A thriving commercial and financial centre, a strong tourist offer, world-class universities and state of the art sporting facilities demand for hotels therefore giving a robust hotel investment case.
Managing the Hotel and whose primary responsibility it is to deliver the returns will be Brilliant Hospitality. A leading name in the hotel industry who currently own and operate six hotels. Brilliant Hospitality brings a wealth of experience to this opportunity.
Rooms will be sold on a 145-year leasehold basis providing full security to investors and a lease will be registered at the land registry office under the investors’ name.
In exchange, Brilliant Hospitality will pay investors an assured 10% net return paid quarterly in arrears and offer an assured buyback from year 5 onwards at 120% of the initial purchase price.
- Prices from £52,950
- Assured Income – 10% NET assured for 10 years payable quarterly
- Assured Exit Strategy – Assured buybacks from the developer from year 5 onwards at 120%
- Free Personal Usage – 2 weeks free personal usage at the hotel
- Free Legal Fees – Brilliant Hospitality will pay your legal fees
- Zero Stamp Duty – Since this is a commercial property there is no stamp duty applicable
- Excellent Location – 5 minutes walk to Old Trafford football and cricket grounds