No7 Blackpool

No7 Blackpool – A fully operational hotel which is a brilliant and ethical investment opportunity with 30 modern en-suite rooms

HIGHLIGHTS:

  • Unit price from £49.950
  • Immediate returns at 10% NET returns for 10 years, with no other costs to you
  • Secured exit strategy at year 5 and receive a 10% uplift, or at year 10 and receive a 20% uplift.
  • Leasehold: 999 years
  • 30 en suite units
  • Completely hands-off investment
  • Immediate yields and paid quarterly in arrears
  • No additional ownership costs
  • Legal fees covered
  • Excellent central Blackpool location with beautiful sea views
  • Undergoing refurbishment to provide 3-star hotel standard

 

 

INTRODUCTION:

No.7 is a fully operational hotel in the centre of Blackpool, that will offer accommodation & training facilities for young autistic adults and accommodate family, friends, tourists, and visitors throughout the year. Investors can enjoy 10% NET returns, with a secured buyback at year 5 at 110% and a 120% buyback at year 10.

 

 

OVERVIEW:

In the heart of Blackpool with a stunning view of the Blackpool seafront, No. 7, a fully-operational hotel, is selling rooms to the socially responsible investor with immediate 10% NET returns.

No 7 are currently undergoing a complete refurbishment to raise their 65 en suite rooms to 3/4 -star standard and become a leading autism-friendly hotel in the area. The hotel presently contains a dining area with stunning sea views. However, the modern refurbishments will reinvent No. 7, to provide modern decor, furniture, bathrooms and kitchens, upgraded fire safety systems, security systems, bar area, external function area, and exterior renovation.

This ethical and socially responsible investment selling rooms from £49,950 is cleverly located by the beach and benefits from the businesses choosing Blackpool for its upcoming regeneration plans.

 

 

PAYMENT STRUCTURE:

  • Reservation fee: £5000
  • Exchange & Completion: Balance (within 28 days)

 

 

FINANCIALS:

Investors will enjoy a 10% NET returns with a secured buyback at year 5 (110%) and year 10 (120%).

See table below for an example of the amount of returns you could earn:

 

UNITYEAR 1YEAR 2YEAR 3YEAR 4Year 5YEAR 6
£50,000£5,000£10,000£15,000£20,000£25,000£30,000

 

 

WHY INVEST IN ETHICAL PROPERTY?

Investing in a hotel dedicated to helping the lives of families of those with autism is the future of investment. There are 700,000 people in the UK on the autism spectrum, with only 16% of autistic adults in full-time employment. One in three adults with autism suffers from mental health problems, due to lack of support and isolation, proving that No. 7 is the next step for the autistic community.

 

 

WHY INVEST IN BLACKPOOL?

The start of 2018 sees Blackpool on the cusp of reaching the next stage of regeneration. Hundreds of new homes are set to be built in the centre of town. Investments in hotels and leisure facilities are also in the pipeline. Work is already underway on more than £30m of new public buildings.

Blackpool has started work for a £25 million conference centre to be built alongside the Winter Gardens just 300 meters away from the hotel.

No. 7 is located in a fantastic position on the front line of the promenade with uninterrupted sea views and just meters away from the centre of Blackpool with all the main attractions the city has to offer. Over 17 million people visited Blackpool alone in 2016 and it’s projected to increase rapidly year by year, creating substantial investment.

There has been a substantial increase of hotels in the area being bought by very well-known hotel groups and international investment funds due the increasing levels of visitors and all the regeneration work being done and funded by Blackpool Council.

 

For further details call (0)20 8445 6542 or email info@tarquinjones.com.

 

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