The George Best Hotel Belfast

The GEORGE BEST Hotel Belfast

Belfast has undergone a resurgence in tourism over the past decade and last year the city was crowned Best UK City. With 1.4 million visits which contribute over £278 million to the economy and support 17,000 jobs, Belfast’s growth is only just beginning. Belfast is the driving force behind Northern Ireland’s economy and is a hub for not only international visitors but also domestic. The city which has an eclectic vibe, with a plethora of restaurants, bars, attractions and landmarks to explore. The local council has outlined plans to increase the cities growth 100% by 2021, which will be achieved by improving transport links, more events and refining visitor experience. This growth has been recognised by many key companies across a broad range of sectors including accommodation, food & beverage and entertainment. As it stands, there are currently 27 new hotel developments in the pipeline for Belfast, bringing 3,747 additional bedrooms to the city. This highlights the elevated interest in Belfast and the expected growth over the next couple of years, making now the perfect time to invest in the city.

UK Investments The George Best Hotel Belfast city
UK Investments Hotel Investments The George Best Hotel Belfast

The GEORGE BEST Hotel Belfast

AVAILABLE UNITS

Average price per square foot                              £185

Available Units                                                              100

ROI for years 1-3                                                            8%

ROI for year 4                                                                  9%

ROI for year 5-10                                                         10%

There is an option for the developer to buy back the units at 106% of the purchase price after year 3, plus an additional 2% per annum uplift which will be capped at a maximum of 112% of the purchase price.