The Hotel is situated on Blackpool Promenade with stunning views of the coastline. Majestic Hotels will offer accommodation & training facilities for English Language, and Catering & Hospitality students as well as accommodating family, friends and tourists. With an
investment entry level of £49,950, the opportunity here is to earn a total ROI of 110% over 10 years, whilst making a socially responsible and ethical investment.
During the forthcoming low season period the Majestic will undergo a complete refurbishment programme. Overseen by the highly experienced Ben Grant all four floors will be transformed into an ultra-modern boutique hotel, fit for the seasoned traveller of this 21st century. Whilst all 40 en-suite bedrooms will be completely remodelled and refitted to provide high quality accommodation, on the ground floor a completely new outside dining area and first floor terrace will be added to the existing bar and restaurant to create a truly unique experience. The complete package has been designed to offer guests an unrivalled stay in the UK`s premier seaside resort and one which sets the standard for other Majestic Hotels due to open in the future.
Blackpool Sea Front
NO OF UNITS: 40 En-suite rooms
PRICE: From £49,950 OWNERSHIP: 999-year leasehold
YIELD: 10% PA net
YIELD PAYMENT: Quarterly in arrears ADDITIONAL OWNERSHIP COST: None
Investors receive immediate, quarterly income with no ongoing costs. Secured exits are offered to sell at any time on the open market or sell back to the developer at year 5, or at year 10 and receive an additional 10% uplift.
Assured Buy Back Option at end of year 5 & year 10 at 100% & 110% of your purchase price or you can sell on the open market at any time.
"We are very pleased with the deal offer to us! Thank you for being attentive and in tune to what we wanted. You are on top of the market. Thank you for your guidance, recommendation, sound advice, hand holding and hospitality throughout the whole process. We look forward to investing with you again.... "