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The Star Hotel
Hotel Room Investment - Great Yarmouth

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10% NET Return for 5 Years
Assured Buy Back Option at 120%*
70% Return on Investment Over 5 Years
Recently Refurbished
Classic Rooms From £44,950
149 Year Leasehold

Overview

One of Great Yarmouth's most iconic buildings, The Star Hotel is in a Grade-II listed building that recently benefited from a £400k refurbishment, with an additional £200k planned to further enhance its high standard of accommodation.

 

As well as 41 ensuite rooms, this centrally-located hotel also offers river views and provides an on-site restaurant, 2 bars, conference rooms, car parking facilities, and function rooms for corporate events and weddings.

 

With Classic, Comfort, and Executive rooms starting from £44,950, investors will also earn a contractual 10% NET return over 5 years and a buy back option at the end of the 5th year with a 20% uplift, resulting in a 70% return on investment over a 5 year period.

Location

Great Yarmouth is one of the country's top seaside holiday destinations, refreshed by £20m in private investments and accommodating more than a third of all the millions of people that visit Norfolk every year.

The resort town regularly attracts visitors, offering a lively town centre filled with an eclectic mixture of attractions, retail spaces, sandy beaches and a thriving seafront.

With its close proximity to the sea, Great Yarmouth has also more recently become a hotspot for wind turbine technologies, with projects totalling £22bn set to create over 6,000 new jobs for the town over the next decade.

*At the end of the 5th year

 

CONSUMER PROTECTION FROM UNFAIR TRADING REGULATIONS 2008 (CPR)
These regulations prohibit unfair practices. To satisfy our obligations under the CPRs, our sales particulars have been prepared by PrinvestUK Limited upon the instruction of the vendor and in accordance with these regulations. The property details are produced in good faith and are not intended to form part of a contract.

 

DISCLAIMER
The images used on this website are for illustrative and representational purposes only. Interior images from previous development with similar specification.

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