Flat for sale in Central Manchester Hotel, Elsinore Rd, Manchester M16
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Property features
- 10% Assured Net Rental Returns for 5 Years
- Zero Stamp Duty
- Completed & Tenanted
- 5 Min Walk to Old Trafford Football & Cricket Ground
- Secure Exit Strategy with Assured Buy Back at 120%
Property description
Central Manchester Hotel
Proudly presenting this Central Manchester Hotel, a stunning old period building set in the heart of Manchester; just 10 minutes from the city centre.
The hotel is complete, fully operational and occupied at a minimum of 87% of the year.
In addition, this hotel is undergoing a full refurbishment of the bedrooms and common areas bringing a higher standard and increasing the average daily rate of the hotel.
Investment Overview
• 10% Assured Net Rental Returns for 5 Years
• Zero Stamp Duty
• Completed & Tenanted
• 5 Min Walk to Old Trafford Football & Cricket Ground
• Secure Exit Strategy with Assured Buy Back at 120%
• Experienced Management Company
A Record-Breaking Year for the UK Hotel Industry
The UK Hotel Industry is booming. UK hotels have enjoyed record trading of late, and the hotel industry in the UK has experienced year on year growth now since 2010.
The biggest driving force between the fall in value of the pound since Brexit meaning travelling to the UK from overseas has become cheaper, helping the nation become an even more popular holiday destination for tourists.
For investors considering Manchester hotel sector, they can rest assured of its credentials.
A thriving commercial and financial centre, a strong tourist offer, world-class universities and state-of-the-art sporting facilities have given Manchester a very strong demand for hotels therefore giving a robust hotel investment care.
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Contact Us Today for a Free Consultation.
For more information about this property, please contact
Alesco Investment Properties, SE1 on +44 20 8033 7635 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Alesco Investment Properties, and do not constitute property particulars. Please contact Alesco Investment Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.