The Tulip Inn at Burn Hall York
20 April 2012
Completed Hotel, Average Yield 14 Per Cent, Only £25K Cash Input
Principal International are delighted to offer this exceptional opportunity to invest in a fully operational hotel in York.
Tulip Inn at Burn Hall offers an immediate income and projected average returns of 14 per cent net over the first five years; returns will be based upon the net operating profit of all areas of the guest spend. Investors can take advantage of 50 per cent non status finance, requiring a cash input of just £25,000 to purchase a room in this superb hotel.SIGN UP FOR NEWS ALERTS
The hotel will be operated by the second largest hotel company in Europe, the Louvre Hotels Group, under the popular Tulip Inn brand. The hotel will be fully managed, offering investors a hands off investment opportunity.
Burn Hall is an established award winning conference centre with excellent facilities and is also a popular wedding venue, with over 40 weddings booked for the remainder of 2012 and a number of bookings already made for 2013. The conferences and weddings provide a high level of demand for accommodation within the hotel from conference delegates and wedding guests.
The hotel currently offers 94 en-suite rooms, finished to a good standard, but the hotel operator will be refurbishing the rooms over the first year and branding as a Tulip Inn hotel, enhancing its appeal and overall quality.
The hotel enjoys an excellent location, situated in the picturesque Yorkshire countryside and just 20 minutes from York city centre. The York hotel industry has achieved consistently high levels of occupancy and York has been ranked second in the UK league for hotel occupancy
in the 2011 report compiled by industry analysts STR Global.
Availability is strictly limited and with rooms priced at just £49,950 with a £25,000 cash input
we advise investors to act promptly to avoid disappointment. For further details of this excellent new project, please click here