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224 581 €

Investment project in Nottingham, United Kingdom, 48 sq.m
  • Investment project in Nottingham, United Kingdom, 48 sq.m - picture 1
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  • Investment project in Nottingham, United Kingdom, 48 sq.m - picture 1
  • Investment project in Nottingham, United Kingdom, 48 sq.m - picture 2
  • Investment project in Nottingham, United Kingdom, 48 sq.m - picture 3
  • Investment project in Nottingham, United Kingdom, 48 sq.m - picture 4
  • Investment project in Nottingham, United Kingdom, 48 sq.m - picture 5
  • Investment project in Nottingham, United Kingdom, 48 sq.m - picture 6
  • Investment project in Nottingham, United Kingdom, 48 sq.m - picture 7
  • Investment project in Nottingham, United Kingdom, 48 sq.m - picture 8
  • Property ID on Prian.info: 3705044
    Last update: 15.01.2024
    Number of views: 4143

224 581 €

Investment project in Nottingham, United Kingdom, 48 sq.m

48 sq.m 8% per year
Remote Transaction Business on sale

  • Property ID on Prian.info: 3705044
    Last update: 15.01.2024
    Number of views: 4143

Specifications

Sale price 224 581 €
Price per square meter 4 446.76 €
Floor area 48 sq.m
Construction phase New building
Address United Kingdom, Nottingham, SHervudskij les
Location in a forest, in suburbs

Business on sale


Additional services

  • Property management company
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 8 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Business expenses
Not included in the price

Description

Cottages on the territory of country hotels are rented for short-term on Booking & Airbnb to the British.

Commercial terms of investment:

  • Price: £190,000 for a 2-bedroom cottage of 48 sq.m + terrace with Jacuzzi
  • Fixed yield of 8% per annum for 10 years with inflation indexation
  • The cottages are ready, the income is immediately with quarterly payments.
  • Repurchase options after 3, 4, 5, 7 or 10 years with a price increase of 1-3% per year or sale on the secondary market
  • Personal use 2 weeks a year (you can stay in any cottage in the network)
  • All repair and insurance costs are borne by the Management Company

The country hotel has been built and is functioning, has just been acquired by a developer and is in the active phase of renovation work.

A large building with leisure facilities, an indoor swimming pool, a tennis court, a children's play area, sports grounds, and parking are already functioning on the territory of the hotel. A spa center will be built and street food outlets will appear.

The hotel is located in the famous Sherwood Forest, in the heart of the picturesque county of Nottinghamshire. The major cities of the North-West of England - Manchester, Birmingham, Leeds, York, etc. - are within 1.5-2 hours' drive. Nottingham's historical attractions and museums are a 40-minute drive away. Rufford Park Golf & Country Club is 800 metres away.

Management of a large operator, on the market since 1978, under the management of more than 25,000 facilities.


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Representative

Julia Tsorgaeva
Senior Consultant, International Investment Department
Languages: english
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Seller
Julia Tsorgaeva Senior Consultant, International Investment Department

Intermark Global

Languages: english
Contact seller
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