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161 446 €

Investment project in York, United Kingdom, 33 sq.m
  • Investment project in York, United Kingdom, 33 sq.m - picture 1
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  • Investment project in York, United Kingdom, 33 sq.m - picture 1
  • Investment project in York, United Kingdom, 33 sq.m - picture 2
  • Investment project in York, United Kingdom, 33 sq.m - picture 3
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  • Investment project in York, United Kingdom, 33 sq.m - picture 5
  • Investment project in York, United Kingdom, 33 sq.m - picture 6
  • Investment project in York, United Kingdom, 33 sq.m - picture 7
  • Investment project in York, United Kingdom, 33 sq.m - picture 8
  • Investment project in York, United Kingdom, 33 sq.m - picture 9
  • Property ID on Prian.info: 3403706
    Last update: 18.03.2024
    Number of views: 9653

161 446 €

Investment project in York, United Kingdom, 33 sq.m

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

  • On the map
  • Property ID on Prian.info: 3403706
    Last update: 18.03.2024
    Number of views: 9653

Specifications

Sale price 161 446 €
Price per square meter 5 441.07 €
Floor area 33 sq.m
Construction phase New building
Number of storeys 1
Floor 1
Parking 1 place
Address United Kingdom, York
Location at the seaside

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 in country hotels, exclusively presented by Intermark, are one of the most reliable investment products with high passive income and liquidity on the market.

Cottages on the territory of country hotels are rented for short-term on Booking & Airbnb to the British. The UK population is growing, and according to Barclays Bank statistics, 79% of them prefer to spend their holidays in the UK.


Commercial terms of investment:

  • Prices:
    £137,000 for 1-bedroom cottages of 33 sq.m + terrace with Jacuzzi
  • The price includes a leasehold on land for 250 years, the right to which is registered in the HM Land Registry
  • The yield is a fixed 8% per annum for 10 years with annual inflation indexation
  • 2 repurchase options:
    For 105% | 107% | 110% in 5/7 | 10 years - initiates the investor
    For 110% | 112% | 115% via 3| 4| 5 years -initiates the developer
  • Income immediately. Payments are made quarterly
  • 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 is built and functioning, the developer gradually replaces all cottages with new ones and sells them to investors. The latest cottages are on sale.

During the winter season 2022-2023, it is planned to add a building with a common infrastructure - a gym, a cinema, game rooms, as well as a playground.

The country hotel is located in the Yorkshire and the Humber region, which is chosen by 20% of travelers in Britain (Barclays Bank report for 2019). It is convenient to get to it from the cities of the North-West of England - Manchester, Liverpool, Sheffield, Leeds - in 1.5-2.5 hours. The North-West is home to 7 million people - it is the third most populated region in the UK after London and the South-East.

Management of a large operator, on the market since 2002, under the management of more than 20,000 facilities.

Cottages in country hotels, exclusively presented by Intermark, are one of the most reliable investment products with high passive income and liquidity on the market.

Cottages on the territory of country hotels are rented for short-term on Booking & Airbnb to the British. The UK population is growing, and according to Barclays Bank statistics, 79% of them prefer to spend their holidays in the UK.


Commercial terms of investment:

  • Prices:
    £137,000 for 1-bedroom cottages of 33 sq.m + terrace with Jacuzzi
  • The price includes a leasehold on land for 250 years, the right to which is registered in the HM Land Registry
  • The yield is a fixed 8% per annum for 10 years with annual inflation indexation
  • 2 repurchase options:
    For 105% | 107% | 110% in 5/7 | 10 years - initiates the investor
    For 110% | 112% | 115% via 3| 4| 5 years -initiates the developer
  • Income immediately. Payments are made quarterly
  • 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 is built and functioning, the developer gradually replaces all cottages with new ones and sells them to investors. The latest cottages are on sale.

During the winter season 2022-2023, it is planned to add a building with a common infrastructure - a gym, a cinema, game rooms, as well as a playground.

The country hotel is located in the Yorkshire and the Humber region, which is chosen by 20% of travelers in Britain (Barclays Bank report for 2019). It is convenient to get to it from the cities of the North-West of England - Manchester, Liverpool, Sheffield, Leeds - in 1.5-2.5 hours. The North-West is home to 7 million people - it is the third most populated region in the UK after London and the South-East.

Management of a large operator, on the market since 2002, under the management of more than 20,000 facilities.


Contact seller

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Representative

Julia Tsorgaeva
Senior Consultant, International Investment Department
Languages: english
Show phone number



Seller
Julia Tsorgaeva Senior Consultant, International Investment Department

Intermark Global

Languages: english
Contact seller
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