Waring Street, Belfast BT1

£149,950

Wednesday 14th February, 2018

Belfast

 

Contact name: Reeds Rains

Contact number: 0151 382 7958

 

Ad Type: For Sale

Property Type: Flat

Bedrooms: 1 bed/studio

 

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. The hotel itself will comprise 64 fully furnished luxury rooms. Managed and operated by The Signature Living Group, the hotel will be yet another under the management of the UK s most successful hotel operators. The Waring hotel is situated just minutes from Belfast most popular entertainment, cultural and retail destinations. This exciting investment opportunity has already proved to be extremely popular. Now available for booking and with a number of units already sold we would strongly encourage early consideration to avoid further disappointment. The Waring Hotel is a new hotel situated in the heart of Belfast City Centre. 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%).

 

Property information powered by Zoopla zoopla agent


Ad Ref: 105312018021428

To send this seller a message you must log in. If you don't have an account already you can register here for free.

https://koopi.co.uk/create-ad/zoopla-photos/main_20180214153012.jpg