No1. Hamm Strasse - Hotel Rooms |
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No.1 Hamm StrassThis is an opportunity to purchase a £99,800 hotel room asset class with a cash investment of just £49,900 plus VAT*. The Developer of the hotel No.1@Hamm Strasse has agreed that the remaining £49,900 will be paid directly from income generated by the hotel rooms. There is no fixed term, it is interest free, and for investors, there is no more to pay. (* VAT can be claimed back) Upon payment of the balance investors will have doubled their original cash investment and posses an asset class that generates pure income with NO ongoing maintenance costs and it is also completely hassle free; managed and operated by a 'big brand hotel operator'. The hotel, aimed at the upper end of the 3 star market, has already begun construction and is expected to be delivered and ready for business by December 2010. Investors are guaranteed 10% p.a on their initial cash payment until the hotel opens - even if the anticipated launch date arrives later than expected - an excellent incentive to ensure that the Developer delivers the hotel on time. When the hotel is ready, a 'big brand' operator (which will be announced shortly), with well established distribution channels already in place (and a hotel ideally located to capitalise on a £3 billion regeneration scheme) will assume complete control of the hotel operation and make the most of the hotel's convenient central location and extensive leisure features to create a vibrant, multi-use, round-the-clock complex for the heart of Bradford and the people within it. This hotel investment model has been designed to provide solid ROI at even low occupancy levels - 48% occupancy (ie. the hotel room is occupied for less than half of the year) will return 10.90% to investors p.a. We expect to achieve an overall average of around 56 - 57% occupancy which means a return of approx 12.5% p.a. Importantly, the occupancy stats from the Yorkshire Tourist Board back this up and these numbers don't take into account the effect of Bradford's £3 billion regeneration scheme or the fact that Bradford was recently awarded the prestigious 'City of Film' title by UNESCO. Finally, and importantly, Citadel Trustees Ltd will hold your property in trust for added safety. Click here to order a no obligation brochure These investment products are not available to the general public and can only be purchased by sophisticated investors or high net worth individuals or through an IFA (Independent Financial Advisor). If you are unsure as to whether these investments are suitable for you, or need help finding an IFA please use the Contact page to get in touch. Biscayne Properties is not regulated by the UK Financial Services Authority and is not authorised to give investment advice to the public. Investment in property can carry an element of risk and the value of your investment can go down as well as up. Before purchasing you should always seek independent tax and legal advice. |
