WIGHT BAY HOTEL
- 10% returns guaranteed for 5 years
- Fully managed, hands-off investment
- 110% developer buy-back after 5 years
- Immediate income
- No development risk
- Completion: COMPLETED! IMMEDIATE RENTAL INCOME
- Leasehold: 999 years
Details of Wight Bay Hotel:
- Type: Hotel.
- Total No. of Rooms: 43.
- No. of rooms for sale: 21
- Single Rooms: 1
- Double Rooms: 7
- Triple Rooms: 11
- Family Rooms: 2
The Hotel is located in the famous town of Sandown, known for having the longest sandy beach. Sandown is one of the top towns situated on the south eastern coast of the Isle of Wight and is easily accessible. Sandown Beach is a mere 4 minutes walk from the hotel. A variety of shops, Restaurants, Night and Comedy Clubs, Banks, Train stations etc are but a few minutes away.
With the uncertainty surrounding Brexit, the pound has dipped in value compared to other currencies. This has meant that more people are taking domestic holidays, and also that it is now more affordable for people overseas to holiday in the UK. This ensures that there is a strong demand for hotel rooms, and thus investors can expect to achieve a good income. The demand will be sustained as it is uncertain whether it will be as easy for UK nationals to holiday abroad once Brexit has been fully implemented.