Flat for sale in Manchester M16, 1 Bedroom

Manchester, Manchester, UK

Quick Summary

Property Type:
Flat
Status:
For sale
Price
£ 60,000
Beds:
1
Baths:
1
Recepts:
1
County
Greater Manchester
Town
Manchester
Outcode
M16
Location
Central Manchester Hotel, Elsinore Rd, Manchester M16
Marketed By:
Alesco Investment Properties
Posted
2024-04-21
M16 Rating:





More Info?
Please contact Alesco Investment Properties on 020 8033 7635 or Request Details

Property Description

Central Manchester Hotel

Proudly presenting this Central Manchester Hotel, a stunning old period building set in the heart of Manchester; just 10 minutes from the city centre.

The hotel is complete, fully operational and occupied at a minimum of 87% of the year.
In addition, this hotel is undergoing a full refurbishment of the bedrooms and common areas bringing a higher standard and increasing the average daily rate of the hotel.

Investment Overview

• 10% Assured Net Rental Returns for 5 Years
• Zero Stamp Duty
• Completed & Tenanted
• 5 Min Walk to Old Trafford Football & Cricket Ground
• Secure Exit Strategy with Assured Buy Back at 120%
• Experienced Management Company

A Record-Breaking Year for the UK Hotel Industry

The UK Hotel Industry is booming. UK hotels have enjoyed record trading of late, and the hotel industry in the UK has experienced year on year growth now since 2010.

The biggest driving force between the fall in value of the pound since Brexit meaning travelling to the UK from overseas has become cheaper, helping the nation become an even more popular holiday destination for tourists.

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 have given Manchester a very strong demand for hotels therefore giving a robust hotel investment care.

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Sizes listed are approximations. Please contact the agent to verify actual sizes


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Floor Plans

Property Location

Marketed by Alesco Investment Properties


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Disclaimer Property descriptions and related information displayed on this page are marketing materials provided by Alesco Investment Properties. estateagents365.uk does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Alesco Investment Properties for full details and further information.