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Waring Street, Belfast BT1

£85,000

Wednesday 14th February, 2018

Belfast

Contact name: Reeds Rains

Contact number: 0151 382 7958

 

Key Information

Ad Type: For Sale

Property Type: Flat

Bedrooms: 1 bed/studio

 

Description

Reeds Rains Estate Agents are delighted to be have been instructed and to present to the open market this unique opportunity in Belfast to purchase an exclusive hotel investment opportunity within this iconic building in the known party district. Our hotel investments offer you a low risk investment vehicle with no additional running costs, excellent net returns and a developer buy back option. You own the hotel room or rooms, with full title deed and we lease it from you. No stamp duty for rooms under £150,000.00 and your net returns are based on the purchase price. 7% net assured returns years one to three 8% net assured return year four 9% net assured returns years five to ten 106% developer buy back rising 2% per year from year three but capped at 112%. (Year three 106%, year four 108%, year five 110%, year six to ten 112%).

 

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Ad Ref: 105302018021428

 

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