Ad Title: Wyncliffe House Hotel (ref. 26506837) |
Date & Time Listed: 2016-12-01 10:31:30 (GMT)
Type of Ad: Want to Sell
Wyncliffe House Hotel – Fishguard Wales
Prices from £45,000
10% net yield pa * 10 years + 125% guaranteed buyback
Yield Accrued on Payment and Paid 12 months in arrears
Northern Powerhouse Developments and Giant Hospitality are delighted to announce another exciting hotel investment opportunity in one of the UK’s most charming seaside resorts.
Located on the stunning Pembrokeshire coastline, the picturesque town of Fishguard is regarded as one of Wales’ most beautiful seaside towns and we are delighted to present our latest acquisition, the stunning Wyncliffe House Hotel
Nestled in this much sought after and hugely popular tourist destination, properties in Fishguard offer purchasers huge return potentials on their investments. The luxurious Wyncliffe House Hotel will offer luxury family accommodation and sits proudly in our Classic Collection of hotels.
Designed to the same high standard as The Queen’s Hotel in North Wales, this latest addition is another exciting opportunity for investors to realise a real gem in the UK hotel market.
Why Invest In Fishguard?
Fishguard is a highly attractive destination in its own right but has greatly benefitted from several recent funding initiatives, aimed at regenerating regional tourism, including an exciting 2-year project developed by the Fishguard Chamber of Commerce.
In 2014 Pembrokeshire’s private sector tourism industry received a welcome boost, with the Government investing up to £500,000 in investment projects, through its Tourism Investment Support Scheme (TIFF). It helped upgrade the standard of facilities and increase hotel capacity. Next, in 2015, the Tourism Product Innovation Fund (TPIF) launched, to help tourism partners achieve the 10% growth target set out in the Government’s tourism strategy. TPIF provides projects with up to £75,000 and is aimed at encouraging joint-working between tourism consortia, partnerships and trade groups. It is hoped that this 3-year initiative will improve the product offered to visitors and grow Fishguard’s tourism industry in a sustainable way.
With 19 cruise ships visiting Fishguard Bay in 2016, the profile of this popular town will be raised still further and the number of cruise visits is expected to increase year on year.
Plans for a new 340-berth marina and associated businesses at neighbouring Goodwick have been submitted by the joint-venture company, Congar-Stenaline, which will bring welcome new lifeblood to the area if approved.
Welsh Tourism In Figures
In 2015 75m day trips were made by British residents to destinations in Wales, generating a total expenditure of £2,714m More than 10m tourists stayed overnight in Wales in 2015, the highest figure since 2006.
Wales attracted 933,000 visits from overseas in 2015 [figures from Office for National Statistics]. 70.5% of these visits came from Europe, 12.6% from North America and 16.7% from elsewhere.
The average spend per day trip amounted to approximately £36.24, which was slightly higher than the value of £35.32 for Great Britain as a whole, and was £6.59 higher than the average spend for Wales in 2014.
From January to December 2015, hotel room occupancy levels in Wales rose by 3% (up to 67%), compared to the same period in 2014. Similarly, guesthouses and B&B room occupancies also rose by 3% (up to 38%) in the same period.
Holiday and leisure trips to Wales accounted for 62% of all trips to Wales in the first eleven months of 2015.
£7.3b is the projected tourism expenditure in Wales for 2017.
Growth figures for Wales are ahead of the rest of the UK and overseas tourist expenditure is set to increase by 42.8% by 2017, while domestic tourist growth is forecast for 28.3%.
The popularity of Wales’ three National Parks, namely Snowdonia, Brecon Beacons and the Pembrokeshire Coast, is expected to continue to boost overseas visitors numbers significantly.
Wyncliffe: Investment Summary: Hotel Apartment
Purchase Price: £45,000
Client Cash Input: £45,000
Reservation Fee: £500
Balance of cash input: £44,500
Assured tenancy period: 10 years
No. years cash input: 0
No. years full purchase price: 10
This property is a Apartment for sale.
Number of Bedrooms: 1
Number of Bathrooms: 1
Price: 45,000.00 GBP
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