No7 by La Tour (St. Camillus Care Group - Ethical Investment)
We had 65 and now Only 12 Left Available - Call Now on +44(0)2071938098
In No7 Blackpool we have another good Ethical Investment in one of the UK’s hottest tourist hotspots… This is an excellent ethical investment, investing in individual hotel rooms in a working hotel that is being refurbished to a 3/4 star standard and the hotel will not only service everyday people, but the hotel is also host to a very good and ethical social care project run by the St, Camillus Care group. The project provides a home along with support and training for young adults with autism… (See St. Camillus Care Group section HERE).
To find out why it makes even more sense now, that what was already a very good opportunity, just got even better.
Blackpool's £300m masterplan to be revealed
Big plans for £100m worth of investment in Blackpool
Please see the map below showing the location of the proposed site in red, as well as the location of the tram line in green showing the extension that will connect Blackpool North Station to the promenade.
La Tour is located 300 meters from the new proposed scheme and just 200 meters from Winter Gardens. We do have one unit remaining at the La Tour hotel which has been placed back on the market. We can offer this unit for £49,950, please contact us for more information on this unit at the La Tour Hotel.
No7 is located just over half a mile from the development connected directly via tram with the new extension to the mainline train station well under way. We have 20 units remaining for sale out of 65.
St Camillus have paid the next quarterly rental payment to investors last week at No7. Any clients who reserve in December will be in place to receive their first income payment at the beginning of March 2019.
With 45 current investors now happily in the loop we can are able to take a client from reservation to completion within 28 days…
Please contact us now if you wish to be apart of this investment opportunity: +44(0)2071938098
NUMBER OF UNITS: 65 en-suite rooms
UNIT PRICE: £49,950
OWNERSHIP: 999-year leasehold property title
Solicitor Purchase Costs - variable - approximately £900
YIELD: 10% net contractually assured (£4,995 per year)
YIELD PAYMENT: Quarterly in arrears
ADDITIONAL OWNERSHIP COST: None
Projected Return on Investment
5 Years ROI £24,957 with assured buy back at 100% of purchase price - £74,925
10 Years ROI £49,950 with assured buy back at 110% of purchase price - 110% - £104,895
Assured buy back option at the end of year 5 at 100% of your purchase price = £49,950
Assured buy back option at the end of year 10 with a 110% uplift on original price = £54,945
Sell on the open market at any time
A fully operational hotel on Blackpool promenade with unspoiled sea views with stunning sunsets. a tourist town that attracts 18 million visitors each year.
The hotel is just 5 minutes from the city centre and mainline train station, all directly accessible from the tram line right outside the hotel.
A UNIQUE & GROWING COMPANY
A company that acquires operational hotels in key locations in the UK, renovate and modernise whilst supporting young adults with learning disabilities to educate, train and employ to gain them the independence they want.
WHY INVEST IN HOTEL ROOMS?
The ability to own tangible real estate without the hassle of dealing with tenants or upkeep & maintenance.
Working with a company with experience and track record in adding value to each hotel they purchase.
Below is an interesting observation made by Tom Cunningham, Director, Hotels Agnecy, Savills;
“This new influx of hotel investment in Blackpool is very much supported by the industry’s key performance indicators. UK annual occupancy rates showed an average increase of 1.8 per cent from 2016 to 2017, while the average daily rates also rose over this period by 5.8 per cent, from £58.95 to £62.36. The revenue per available room grew further still by 7.66 per cent, from £42.65 to £45.92. “
To further stoke the fires of the investors hearts is the fact that Blackpool Council has confirmed the sequence of projects which will underpin its £100m regeneration programme, The work will provide a great reinvigoration of Blackpools infrastructure and provide vital support to the residents and visitors to what is again becoming one of the UK’s leading tourist hotspots.
Graham Cowley, chair of Lancashire Enterprise Partnership’s Growth Deal management board, added:
“The economic regeneration of Blackpool has been one of the LEP’s priorities since being established in 2011, and we have worked closely with the council and other partners to bring forward projects which will help drive growth in the town, generate jobs, and attract investment. “It is great to see LEP’s investments contributing to such ambitious growth plans, and we look forward to working with partners in Blackpool to bring further prosperity to the town and its residents.”
Your room is operated buy a company with experience.
The operator pays you your rental every 3 months.
The hotel is built, no planning or permissions required.
The operator will refurbish, repair and maintain your room.
The option to sell your room at set milestones in the investment at year 5 or 10.
You Own It
999 year leasehold title ownership of your room registered with UK Land Registry.
INSPECTION VISIT FOR INVESTORS - KEY POINTS TO NOTE
With Number 7 fully operational and under the management of St Camillus, we can now show both hotels to investors that wish to carry out an inspection in November. Please note currently we would need at least 3 day’s notice and not on weekends. If we get a large volume of requests we will look to conduct an investor day there mid-November.
Register Interest and get free brochure or speak with an agent