Flat for sale in Preston PR1, 1 Bedroom

The Shankly Hotel, Preston (Available for investment - Returns from 8% to 12% net with minimum investment of 15k)

The Project
The new Shankly Hotel will have the same look and feel as that of its Liverpool counterpart, offering a world class hospitality experience, with luxurious accommodation, a bar and restaurant, plus stunning event space ideal for weddings and business events alike. The hotel will also feature unseen Shankly family memorabilia, stories and tales of the great Scot, with many relating back to his career and time spent with Preston North End and Liverpool. It is rare that a building of such architectural and cultural significance as this Grade II Listed Former Post Office becomes available for adaptation and reuse. The Former Post Office Sorting Office is located adjacent to the Flag Market, built in 1903 and subsequently altered and extended. It occupies a site of 0.36 acres The building consists of basement, ground, small ground floor mezzanine, first, second and third floors.

The Offer
Investors who dealt into the existing Shankly Hotel back in 2015 have been paid an 8.5% net return p.A. And will soon be able to exercise their ‘Put Option’ to exit their investment and have their 100% capital returned plus an uplift of 10%, in total a 35.5% net return over three years. We have reduced the investment term for the second Shankly Hotel and made other changes following feedback from current investors.

• Your capital is not tied in for three years and is now automatically returned after 364 days
• You no longer have any legal fees or closing costs to pay
• The entry level is now considerably lower
• Your returns are now paid in advance
• There is no withholding tax on this investment

You will also have membership of all the exclusive developments which means you will have invitations to hospitality and corporate events and sent a Platinum Privilege Card giving you a 20% discount across the estates.