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LAST FEW - Harland Hotel, Scarsborough

LAST FEW - Harland Hotel, Scarsborough

Investment highlights

Price  From £75,000     Bedrooms  1     Bathrooms  1

Return  10% per annum

No of years investment is for  10 years

Buyback amount  125% after 10 years

Location

Overview

We have a range of investment options available from £75,000 to £100,000 all generating a 10% return pa for 10 years with a buyback at the end of year 10 of 125%.

There is a further option for a 5 year extension at year 10 and buy back at year 15 at 137%

Fully managed hands-off investment

Title registered with land registry on 125-year leasehold tenure

Property details

The Harland Hotel is a majestic hotel situated in an outstanding location in one of the UK’s most iconic seaside resorts with a commanding position overlooking Scarborough and South Bay. Now available for investment, the Harland Hotel offers an exceptional investment opportunity, with a number of unique highlights.With 74 en-suite rooms, many enjoying breath-taking views across South Bay, this imposing hotel will shortly undergo a rolling schedule of renovation over a three year period that will be sympathetic to the architectural beauty of the building. The sensitive refurbishment will maintain the look and feel of the hotel, respecting its heritage. Additions will include its own up-market coffee house, spacious restaurant and relaxing bar area. In addition the hotel’s existing function rooms will be updated to complement the grandeur of this impressive building.

Purchase process

£1,000 reservation fee.

Omitting delays, the purchase process is scheduled to take no longer than 28 days from the point of reservation.

Interested in this investment or want to know more?

Simply contact us to find out how you can get involved.