Studio for sale in CF62, 0 Bedroom

, , UK

Quick Summary

Property Type:
Studio
Status:
For sale
Price
£ 44,999
Beds:
0
Baths:
1
County
Town
Outcode
CF62
Location
Porthkerry Road, Barry, Vale Of Glamorgan CF62
Marketed By:
Westport Invest
Posted
2018-09-08
CF62 Rating:





More Info?
Please contact Westport Invest on 020 8033 9973 or Request Details

Property Description

Westport Invest are proud to offer this unique investment opportunity to our investors. The Mount Rooms have been successfully trading now for the past 6 months and due to overwhelming demand the operators are now looking to expand the operation.

In total it has 44 rooms, a cottage, events space, gym, coffee shop and a beauty room. The developers operate and control the 44 rooms. The operators also have tenants who are trading in the beauty rooms, gym, coffee shop and events space - all on 7 year Fri leases.

The developers are offering just 20 rooms exclusively to Westport Invest's clients so that they remain an equal stakeholder. In return they are offering an 9% net return to investors fixed for 5 years. On top of that they are also offering a buyback at 108% after year 5 so that they can return to the majority stakeholder.

This hotel investment is a rare opportunity to get involved in an already successful business with no off-plan risks and a clear exit strategy.

Due to the small number of units available investors are urged to enquire now to avoid disappointment.

Note that for single unit purchases there is a finders fee payable of £1250.

Property Location

Marketed by Westport Invest


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Disclaimer Property descriptions and related information displayed on this page are marketing materials provided by Westport Invest. 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 Westport Invest for full details and further information.